Wisconsin Tribal Gaming Eyes Online Bets

Tribal gaming in Wisconsin is looking for revenue sources. The Lac du Flambeau Chippewa’s online payday loan centers are there for you. Want to place an online bet? The tribe soon hopes to handle that for you as well. Three years after the Lac du Flambeau defaulted on a $50 million bond — a move that remains the subject of a court fight — and five years after it considered mortgaging portions of its reservation, the Vilas County tribe is aggressively looking at the Internet for ways to increase its revenue. Tom Maulson, the tribe’s blunt-talking president, dismisses critics who…

Cayman Islands should not rush gambling decision

iGaming Business – Tim Adam, secretary of the Cayman Islands Tourism Association (CITA) has insisted that the island group should not ‘rush’ into a decision on gambling despite fellow British overseas territory Bermuda having announced plans of its own. According to the Bernews.com website, Bermuda Premier Craig Cannonier recently said that rather than holding a referendum on gambling, the subject would instead be decided by a vote in parliament. Reports in the local media suggest that legislation is likely to be passed as a result of the proposed parliamentary vote. Despite Bermuda’s moves, Adam said that the issue of gambling…

WMS Gaming assigned patent for video poker machine

iGaming Business – Gaming entertainment products supplier WMS Gaming, a wholly-owned subsidiary of WMS Industries, has been assigned a patent in the US for a ‘multi-game video poker machine and system with asymmetrically accessible customisation features’. The patent application was first filed in November 2, 2011 and was assigned on December 24, 2013 by the United States Patent and Trademark Office. The patent was awarded to WMS Gaming staff and machine’s inventors, game designer, Dion Aoki, vice-president and design chief, Allon Englman, and senior director of games, Joel Jaffe. The agency also released a notice that outlined the details of…

Casinos, Coffee and Mexico for the First Quarter

The Street – What a year! Going into 2013, no one expected the broader market averages to hit all-time highs. With stagnant wage growth, higher taxes and a still-fragile real estate market, how could have anyone have called the 30% returns we received last year? And yet here we are. With such astonishingly high returns, some investors may be looking to diversify their portfolios for the new year. Occasionally investor portfolios can become unevenly weighted when one position moves drastically to the upside. In this article I want to highlight three exchange traded funds to consider in the first quarter….

Granny Celebrates 103rd Birthday with Gambling and Tattoo

Fox News – Turning 103 is a rare milestone that one would think you’d want to celebrate in the company of  family and friends, not gambling and getting a tattoo. But that’s exactly what Seattle grandmother Hilda Evelyn Kottman did for her recent birthday. The adorable granny and her grandson marked her birthday by going to a casino, having an all-you-can-eat crab dinner and getting some ink. The Daily Dot reports this in not the only out-of-character acts for the grandmother. According to the website, Kottman, who lived through both World Wars, the moon landing and Sept. 11, reportedly stole…

New Jersey governor demands “significant results” from casinos in 2014

Press of Atlantic City – The new year is a crucial one for Atlantic City’s future, and 2014 won’t start auspiciously. This is the fourth year of a five-year grace period New Jersey Gov. Chris Christie has given the seaside gambling resort to turn around its struggling fortunes before considering expanding casinos to other parts of the state – something casino executives fear will decimate the already wobbly market. And it will begin with the closing of one of the city’s 12 casinos, the Atlantic Club Casino Hotel, which is shutting its doors on Jan. 13, the victim of a…