Category: Gambling Feature Stories
Sheldon Adelson: “Why don’t we legalize prostitution? Drug addiction?”
Vegas Inc – Less than a week after spouting off about online gambling to a crowd at UNLV, Las Vegas Sands Corp. boss Sheldon Adelson stepped out from behind the curtain to speak again. This time, the GOP super-donor rapped with Bloomberg Television’s Betty Lui about his gambling empire in Asia, his crusade against Internet gambling and Ferris wheels. Here’s a look at some highlights from their conversation: “I’m saying, coming from the business, I want to make money from those who can afford it. I can’t tell over the Internet who is underage. I can’t tell who’s got financial…
Indiana Might Study Expanded Gambling
Card Player – The state of Indiana may take a look at its gambling industry this summer with an official legislative study committee, the Associated Press reported. The report said that casino tax revenue has dropped from nearly $876 million in 2009 to about $752 million in fiscal 2013. That decline has been partially due to Indiana’s three casinos near Cincinnati experiencing diminishing revenue since a casino opened in Cincinnati last year. Final decisions on the committee reportedly will come later this month. In addition to Cincinnati, Ohio has put casinos in Cleveland, Toledo and Columbus. Illinois—Indiana’s neighbor to the…
Australia police fine billionaire Packer over brawl
BBC – Billionaire James Packer and David Gyngell were cited for “offensive behaviour”, which carries a fine of A$500 ($467, £276) if uncontested. Police had launched an investigation into the incident on Sunday although no official complaint was filed. The cause of the brawl between the two friends still remains unclear. “Police today issued a 46-year-old man and a 48-year-old man with a Criminal Infringement Notice for offensive behaviour,” the New South Wales police statement said, without identifying the men by name. The brawl has been widely reported in Australian media, with photos reportedly selling for a six-figure sum. Photographs…
Genting to start building $4 billion Las Vegas gaming resort later this year
Reuters – Genting Bhd, Southeast Asia’s biggest gaming group, will begin construction of a $4 billion gaming resort on the Las Vegas strip in the second half of this year, it said in a statement on Thursday. The Resorts World Las Vegas, expected to create thousands of jobs and hundreds of millions of dollars in tax revenue for South Nevada, will be built in four phases and take between 24-36 months to complete, Genting said. “Our themed resort will cater to the high-end visitor as well as the budget-minded tourist,” said Genting Chairman Lim Kok Thay. “We will give first-time…
MGM’s Park and the Future of the Vegas Strip
With the MGM’s Park, Jim Murren is playing the long game on the Strip. “We have a very strong feeling of what Las Vegas is going to look like five to 10 years from now,” the MGM Resorts International chairman said recently when describing the details of the Park, an entertainment and retail complex between the company’s New York-New York and Monte Carlo properties. “It’s very different from today—and when this is done in 2016 we’ll see if we’re right.” The Park is a bet on both the great outdoors (the kind of urban walking experience we’ve seen at Caesars’…
Republicans Place Wrong Bet on Internet Gambling
Several years ago, a work colleague instructed me to use the phrase ‘gaming’, and not internet gambling when discussing our organization’s work on federal gambling policy. She believed that term better reflected the breadth of the issue and, to a certain extent, minimized the negative connotations associated with “gambling.” Twelve years later, I’m not sure that works anymore. First of all, if I began this column discussing “gaming” issues, you might think I’m referring to introverted teenagers hiding from the sun in front of their Xbox consoles. Second, it doesn’t really matter whether “gambling” has a negative or positive connotation….
Horse Racing Socially Acceptable, Sports Betting & Poker Forced Underground
US Poker – The dust has settled from the 140th Kentucky Derby. California Chrome celebrated in the winner’s circle on Saturday. Bettors that picked California Chrome to win took home $2.50 for every $1 bet. Many other wagers were placed on the annual betting tradition. Churchill Downs held a large portion of the action. Win, place and show bets saw a 17.5 percent hold. Exotics had 22% taken from the prize pool. This was up from 16 percent and 19 percent in 2013, respectively. Churchill Downs booked $186.6 million in bets on Saturday across the entire race card. Winning bettors…
Drunken British woman busted for loud sex on Las Vegas flight
New York Daily News – A drunken British woman flying to Las Vegas with her parents was cuffed after loudly joining the mile-high club with a fellow passenger. The frisky flier, in her 20s, was reportedly busted romping in the restroom on the Virgin flight from London’s Gatwick Airport last week. Attendants are said to have busted down the door after receiving complaints about the loud sex noises the duo were making. She then allegedly had to be cuffed after screaming abuse at the crew. On touching down in Sin City, the woman was hauled off the plane. But, after…

















