New York Post – Hard Rock International is in deep talks to buy Atlantic City’s troubled Revel Casino, two sources close to the situation told The Post. The 20-month-old money-losing Revel, which has been through a Chapter 11 bankruptcy reorganization this year, said last month it had hired Moelis & Co. to explore strategic alternatives. It started looking for a buyer in June, The Post reported exclusively at the time. Orlando, Fla.-based Hard Rock, whose eight casinos contribute to total corporate revenue of roughly $4 billion, has been looking to establish an Atlantic City presence. In September 2012, it canceled…

Spectator.co.uk – The puritan, as devotees of Baltimore’s finest know, is greatly exercised by the fear that someone, somewhere, might be enjoying themselves. Ed Miliband is a puritan. And a hopeless, nagging, fish-faced puritan at that. A ninny, in other words. The Labour leader has a rare gift. He knows, you see, how you should spend your money. What’s more, if you fail to spend your cash in the proper Miliband-approved manner he thinks he should be – nay is! – entitled to coerce you into changing your miserable behaviour. Of course he is not alone in that. Many politicians…

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…

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….

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….

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…