New casino games are being invented today by students at UNLV, with many of them too young to even gamble. They’re enrolled in the class “Gaming Innovation Program” at the university, and in in its first year the class has been able to produced more than twelve new offerings for casinos. Those games include “888 Baccarat,” a non-commission version of baccarat which incorporates elements of Chinese culture. “Color War,” which is an easy-to-play table game based on the color of the cards dealt. Plus, “Flip Card Blackjack” where a card is dealt face down under the side-bet when the player…

Press of Atlantic City –  An Atlantic City man has hired an attorney to clarify whether registered medical marijuana users must be accommodated in casino smoking sections after he was told he could not take his prescription at Revel Casino Hotel. Daniel Price, a 23-year-old medical marijuana card holder, said he was turned away from Revel and directed to the Boardwalk when he asked a security guard if he could use the substance in late April. A registered medical marijuana patient since February, Price is prescribed the drug to treat both seizures and irritable bowel disease. “I asked the security…

One of the most recognizable names in horse racing is joining the field in New York’s sprint into big-time gambling. The company that owns Churchill Downs, home of the Kentucky Derby, is teaming up with a track to pursue a full-fledged casino just outside the state capital. The project is one of nearly two dozen coming into focus as the state moves to issue up to four casino licenses. Final bids are due on June 30, with a decision on locations expected in the fall. On Monday, a state gambling panel assigned to choose casino locations said that bidders in…

Las Vegas Review Journal – Anytime the investment community gets downwind of a potential hiccup in the Macau gaming market, a slash-and-burn mentality sets in. The victims are often MGM Resorts International, Las Vegas Sands Corp. and Wynn Resorts Ltd. The Las Vegas-based companies have subsidiaries listed on the Hong Kong Stock Exchange and those stock prices usually take a beating. Sometimes, the companies’ share prices on the New York Stock Exchange and Nasdaq suffer collateral damage. In April, skittish investors worried about deteriorating liquidity in the high-end wagering credit market. A month earlier, it was fear that gamblers would…

Card Player – The Crown casino in Australia is going after a high roller for allegedly stiffing the house on a massive gambling debt of $6.8 million, according to the Herald Sun. The casino said that a 13-day gambling binge left the high roller, Zhao Li, with the debt, but that he neglected or refused to pay it despite “repeated requests” by Crown. According to Crown, back in October they granted him $13 million in credit. Crown Resorts, which is owned by billionaire James Packer, might want some of that money back as it looks to invest in properties in…

KTRH – The Texas Legislature doesn’t meet this year, but that hasn’t stopped the growing pressure on state lawmakers for legalized casino gambling in Texas.  Advocates are pushing lawmakers to approve a public vote on whether to allow casino-style gaming in the Lone Star State, arguing it would be a huge boost to the state’s economy, tax base, and overall competitiveness.  Detractors argue that the state’s economy is just fine as it is, and that legalized gambling would bring a new set of “costs” related to higher crime and societal problems associated with gaming. Among the biggest advocates of legalized…

Gambling 911 – Paddy Power, the United Kingdom’s third largest bookmaker, suffered two of its worst weekends in football on record this year.  The company’s stock has dropped 4% and CEO Patrick Kennedy has announced his departure in 2015.  Kennedy has been CEO of Paddy Power since 2006 with the betting firm enjoying huge success throughout much of his tenure. Paddy Power, to its credit, has enjoyed a strong growth in sales during the first four months of this year.  But two weekends in particular – January 11-13th and March 22nd-23rd of this year- managed to cause significant enough damage…

Reuters – Moves towards legalising casinos in Japan have reignited a debate over the legal status of pachinko, with a potential new tax mooted for a $200 billion gaming industry that has existed for decades on the fringes of the law. Pachinko, a slot-cum-pinball form of gambling, is a national obsession, with one in six Japanese playing the game, though that number is declining as younger generations prefer to play games on their mobile phones. With past links to organized crime, pachinko is not classified as gambling, which is illegal in Japan. Instead it’s treated as an amusement activity like…