Philly.com – The Atlantic Club Casino Hotel, which hopes to sell itself at a bankruptcy court auction this month, has laid out its assets and liabilities for the court. The casino formerly known as the Atlantic City Hilton listed assets, excluding real property, of $17.1 million and liabilities of $16.8 million. The casino would not estimate the worth of its real property when asked by The Associated Press. It listed the value in the filing as “unknown.” A deal to sell the Atlantic Club to the parent company of the PokerStars website fell through this year, and the casino was…

Investors – Las Vegas casinos were big winners in November in Macau, the world’s top gaming destination. RBC Capital Markets analyst John Kempf said Friday in an analysis of gambling revenue figures released earlier by Macau officials that Las Vegas Sands (LVS), Wynn Resorts (WYNN) and MGM Resorts International (MGM) all saw big gains form the month. Meanwhile, Hong Kong-based SJM Holdings “had an atypically weak month,” he said. Macau’s total gambling revenue grew 21.1% in November vs. the same month a year ago, to $3.8 billion, edging RBC’s forecast for a 20% increase. Sands, the world’s largest casino company…

Los Angeles Times – California’s second-largest Indian tribe could soon have its first casino under a deal signed by Gov. Jerry Brown. The new compact allows the Karuk tribe to build and operate a gambling hall with up to 1,500 slot machines on a 10-acre parcel the tribe owns in Yreka, near the Oregon border. The group is also planning an adjacent 80-room, 48,000-square-foot hotel. The deal, which must be ratified by the Legislature, is the latest gambling accord signed by Brown, whose recent pacts have come under fire from lawmakers, other tribes and anti-gambling activists. In a statement this week…

Pro Bono Australia – Peak social services organisation UnitingCare Australia has expressed its deep disappointment in the Federal Coalition Government’s plan to scrap changes to the national gambling reform. Last week, the Coalition made its move to dismantle the national gambling reform that includes voluntary pre-commitment on poker machines, dynamic warnings and $250 daily ATM withdrawal limits in gaming venues. Social Services Minister Kevin Andrews told ABC radio that if it wasn’t for the deal between Tasmanian Independent MP Andrew Wilkie and former Prime Minister Julia Gillard to keep her in The Lodge, the reform would never have happened. “Primarily…

Las Vegas Review Journal – Nevada Gov. Brian Sandoval held discussions with Israel’s political leaders about introducing gaming to the Jewish state, which is considering the idea, the country’s consul general said Thursday. The discussions took place when Sandoval visited Israel in October as part of a trade mission to diversify Nevada’s economy. About 50 business leaders accompanied Sandoval and focused on opportunities involving water conservation, high-tech industries and the emerging drone aircraft sector. But David Siegel, the Los Angeles-based consul general, said Sandoval brought up gaming when he met with Israel’s leaders. Sandoval met with Prime Minister Benjamin Netanyahu…

Daily Mail – Gamblers wagered a staggering £46billion on betting terminals last year – nearly 50 per cent up in four years. Dubbed the ‘crack cocaine’ of the high street, the machines allow punters to lose up to £100 every 20 seconds. They have been linked to the laundering of drugs money and councils are trying to rein them in. But Gambling Commission figures show that bookmakers raked in profits of £1.55billion from the terminals between April 2012 and March 2013. It also found that more than 600,000 children were either stopped in – or trying to enter – betting…