From NBC The world’s largest online poker website is appealing a judge’s ruling that cost it the right to buy an Atlantic City casino. The PokerStars website’s parent company, The Rational Group, had a deal to buy The Atlantic Club Casino Hotel – and had already paid $11 million of that to keep it afloat during the winter. But a judge last month let the Atlantic Club out of that deal, ruling that a deadline for Rational to obtain preliminary approval from state authorities to own a casino had passed. The Rational Group appealed that ruling this week. “This is…

From iGaming Business American horseracing and casino operator MTR Gaming Group Incorporated has launched a new mobile wagering application that will allow customers to place bets using their smartphones and iPad computers. Already installed at MTR Gaming Group’s Presque Isle Downs and Casino, Scioto Downs Racino and Mountaineer Casino, Racetrack and Resort regional venues, the technology permits punters who have created an account to bet on live or via simulcast while in specific areas of a track facility. The West Virginia firm stated that mobile gambling at racetracks will ‘attract a new generation of younger, technologically savvy patrons to horseracing’…

From BBC Horse racing was still worth £3.45bn to the UK economy in 2012 despite falling gambling revenues, a report has found. The report by the British Horseracing Authority (BHA) and Deloitte blamed the rise in online betting through sites based abroad for revenues falls. Web-based bookmakers do not pay a 10.75% levy to the industry, unlike physical betting shops. But the report said increases in revenues from television rights had partially offset the losses. When inflation is taken into account, horse racing was worth just 1.4% less to the UK economy than it was in 2008 – the last…

From Daily Finance On Tuesday, SHFL Entertainment will release its latest quarterly results. The company formerly known as Shuffle Master faces a huge opportunity in the rapidly evolving gaming market, but it will have to work hard to cash in. SHFL Entertainment makes a variety of products that casinos use, ranging from its namesake Shuffle Master card-shuffling devices, to tracking devices designed to analyze table-game play and detect potential fraud. As the industry moves toward more electronic gaming, however, the company has also seen success in its electronic table systems and other related machines. Let’s take an early look at…

Wall Street Journal During Spain’s economic boom of the past decade, one of its largest gambling enterprises followed the lead of other Spanish corporate heavyweights and piled up debt to expand in Latin America. The wager hasn’t paid off. Regulatory setbacks in Mexico and Argentina and a recession that is shrinking its market at home have Codere SA CDR.MC +2.44% scrambling to restructure a growing debt burden. The Madrid-based company’s debt payments due in June are superior to its €88.1 million ($117.2 million) valuation on the Spanish stock exchange, highlighting a credit crunch that is causing a sharp increase in corporate…

From Guardian The shaming of Australian gamblers is relentless. Alcohol causes more deaths, and yet no one is demanding that we picket shiraz. I saw my first pantomime aged seven, in the hall of a Returned Services League (RSL) Youth Club, sometime in the 1980s. It had a dashing hero and heroine, a man in a ballgown, flying handfuls of lollies and that leap-out-of-your-seat raucousness that exhilarates children. There were hundreds of us. The supervising adults maintained respectful distance and when the curtain finally came down on the dastardly villains, everyone was given a showbag full of treats. It was…

Whether you’re going for a girls’ getaway, spa retreat, or casino-and-cocktails sojourn, Las Vegas is an over-the-top destination that always delivers. And while what happens in Vegas may stay in Vegas, we’re willing to share our insider tips on making the most of your time in Sin City. Check out our latest intel on what’s new, where to stay and play, and the hidden secrets that make Sin City such an unforgettable spot. The current trend in the revolving door of hotel openings and closings has shifted from rebuilding to reinventing an existing venue; in other words, what’s old is…

Galaxy Gaming, a Las Vegas manufacturer of casino table games, has been deemed unsuitable to do business in California by a judge, a recommendation that could call into question the company’s Nevada gaming license. The recommendation, made last month to the California Gaming Control Commission, stems from a three-year investigation of business license applications by Galaxy Gaming CEO Robert Saucier, according to documents obtained by Vegas, Inc. “Saucier was evasive and, in some instances, intentionally dishonest and misleading in his responses to questions,” according to Administrative Law Judge Catherine Frink’s April 26 recommendation. “In a highly regulated industry such as…