What the UK gambling industry can expect in 2014

Out-Law.com – Major changes are expected next year in the way remote gambling is regulated and taxed in Great Britain. The reforms, if introduced as currently expected, will fundamentally alter the way in which remote gambling is licensed and will also signal profound changes to the existing tax regime. But it appears likely that the proposed reforms will be subject to a legal challenge by gambling companies operating out of Gibraltar – the tax haven where many of the UK’s best known bookmakers are based and regulated. The issue is just one of a number of developments in the gambling…

Appeals Court Clears Way For Lansing Tribal Casino

CBS – A federal appeals court says an Indian tribe from the Upper Peninsula can move ahead with plans to build a $245 million casino in downtown Lansing. The 6th Circuit U.S. Court of Appeals in Cincinnati on Wednesday overturned the decision by U.S. District Judge Robert Jonker in Grand Rapids. Jonker put the breaks on the casino plan earlier this year after granting an injunction against the Sault Ste. Marie Tribe of Chippewa Indians. The tribe now can apply to the U.S. Department of the Interior to have land it bought from the city of Lansing held in trust for gambling….

Congressional Committee on Sports Betting

Churchill, Wynn, and Station Casinos to Join AGA

The Washington, D.C.-based American Gaming Association (AGA) announced Tuesday it would add three new members, including Wynn Resorts Ltd. and Station Casinos. Racetrack and casino operator Churchill Downs Inc. also will join the organization, which represents the commercial gaming industry on Capitol Hill. All three companies will add representatives to American Gaming Association’s board of directors. Wynn Resorts Chairman Steve Wynn is expected to join the board. The move would mark Wynn’s return to the organization that he helped found in June 1995. Wynn left the organization after the sale of Mirage Resorts to the then-MGM Grand Corp. in 1999….

Taiwan to welcome gaming investment

Macau Daily Times – The Taoyuan County government and the Taipei Trade Centre Hong Kong have organized a conference to introduce Macau investors to the Yaoyaun Aerotropolis Development Project. The plan is to utilize Taoyuan International Airport and the nearby lots to turn the airport into a “hub and spoke” of Asia. One of the project’s highlights is a plan to attract investors to set up businesses with gambling elements. Mr Li Wei Feng, an advisor to the Taoyuan government, explained that there will be an “enterprise zone” of 200 hectares that will include “Taiwan Showcase”, the island’s largest exhibition…

Will Winning the Mega Millions Kill You?

Think you want to win the Mega Millions? Well, we’ve all heard the horror stories of lotto winners quickly going off the rails. So should you throw away your ticket? Let’s take a look at the medical literature. Attention all Powerball players waiting to win your first billion in Tuesday night’s epic Mega Millions drawing: Stop before it’s too late! Winning may kill you! Or it might make you unhappy. Or it might make you overspend on cars and helicopters and lead you to early, penniless death. That’s the well-turned schadenfreude narrative regarding the dismal life of lottery winners—that they…

The Great Santa Run and New Years Eve in Vegas!

This Week in Gambling – J Todd speaks with the Fremont Street Experience about what’s happening in Las Vegas this December! Talk includes the Great Santa Run with over 10,000 Santas! Plus, no place on earth celebrates New Years Eve like Las Vegas! According to the website Opportunity Village, the Las Vegas Great Santa Run has become a ‘must’ for visitors, a community involvement activity for local businesses and a holiday tradition for families. Attractive up to 10,000 participants who don their Santa Suits in support of Opportunity Village and individuals with disabilities in our community. With your help, we…

Casino Gaming Bill Introduced In Virginia

Card Player – A casino gaming bill has been filed by Sen. Louise Lucas in the state of Virginia for the 2014 General Assembly session. Senate Bill 19 would create the Virginia Casino Gaming Commission and establish guidelines for creating and awarding casino licenses in the state. Lucas has tried to get such a bill passed before with very little support. However, now that nearby Maryland has expanded their table games offerings and is expected to take nearly $350 million from the Virginia economy in the coming years, Lucas is hoping the bill gets more traction this time around. Virginia…

Sri Lanka approves Packer’s Crown resort without casino

Reuters – Sri Lanka has approved Australian Crown Resorts Ltd’s $400 million complex along with two similar projects, but without any explicit permission to operate casinos at them, the island’s junior investment minister said on Tuesday. However, Crown’s chief, gambling tycoon James Packer, would still be able to operate a casino in his mixed-development project through his local partner, the minister said. The government’s decision to alter the deal’s terms came after opposition politicians said Packer was getting concessions not given to local entrepreneurs and Buddhist leaders said the casino could be detrimental to Sri Lanka’s culture. Faizer Mustapha, the…