The Nevada Gaming Commission approved a casino license for Genting Berhad on Thursday. Genting plans to break ground on a $4 billion resort development to be called Resorts World Las Vegas. The Genting casino will be situated on the north end of the Las Vegas Strip. The development is going
Mohegan Sun and Foxwoods showed a significant decline in April revenues from the same time last year, according to the Hartford Courant newspaper. Mohegan Sun showed the steeper decline of the two, losing a full 9% off its April 2013 numbers. Foxwoods revenues were down 4% from April 2013 to
The American Gambling Association officially withdrew its support for online gambling today. In a statement to justify its change of position, the AGA cited a split among the major land-based casino operators on the issue. The rift among industry leaders makes online gambling "an issue that the association cannot lead
Business and political leaders at a regional gambling conference discussed the possibility of a casino in northern New Jersey on Tuesday. Throughout this week in Atlantic City, New Jersey politicians and gaming industry executives are having a series of meetings. One of the topics up for discussion is a proposed
Nevada legalized medical marijuana nearly a decade and a half ago. Fourteen years after pot was made legal for certain medical conditions, Nevada gaming regulators still have not figured out how the law applies to smoking pot on casino premises. Under Nevada law from 2000 to 2014, people with a
California Chrome won the second of three Triple Crown races on Saturday, setting up one of the most anticipated Belmont Stakes in decades. If the thoroughbred can win at Belmont Park in New York on June 7, California Chrome will become the first Triple Crown winner in 36 years. 12
On Friday, The National Council of Legislators from Gaming States suggested standards all US states considering online gaming should adopt. The New York based group believes nationwide standards will make it more likely that the U.S. public accepts the online gambling industry. The iGaming industry faces a pivotal test in
Deutsche Bank AG has ended its foray into the Las Vegas gaming market after it sold The Cosmopolitan of Las Vegas for $1.73 billion. The Las Vegas Strip resort and casino is considered a luxury property, but it was unprofitable in the time the German investment bank owned the casino.
Derek Bethea of Bayonne, New Jersey was convicted today of illegally placing bets at three Atlantic City casinos. The man stood accused of placing bets after the winning numbers at a craps table had been determined. Derek Bethea has spent most of the past 13 years in prison, due to
A medical marijuana patient is demanding the right to use his prescription drugs in the Revel Casino in Atlantic City. 23-year old Daniel Price of Atlantic City has told the Star Ledge he has retained a lawyer and wants an answer on whether he can use marijuana on the Revel
The $1 million buy-in "Big One for One Drop" will begin on June 29 at the Rio ALl-Suite Hotel & Casino in Las Vegas. The One Drop Foundation is a Canadian non-governmental organization which fights poverty by supporting water access globally. Each year since 2011, the One Drop Foundation has
Bitcoin is becoming a more common payment method for underground betting sites, according to Naomi Brockwell of Bitcoin Center NYC. Brockwell recently spoke on camera with John Stossel, the Emmy Award winning TV journalist for Fox News. Bitcoin is a currency ready-made for online gambling. In fact, about 50% to
