Reuters – Gambling revenue in the southern Chinese territory of Macau jumped 21.3 percent on year in November after events including an international boxing match and annual Grand Prix motor race led to an increase in visitors. Revenue reached 30.18 billion patacas ($3.78 billion), the fourth highest this year, showed government data released on Monday. Analysts had forecast a median growth of 20 percent. Macau is China’s only legal gambling hub with 35 casinos and 8 in the works, operated by companies such as Sands China Ltd , Melco Crown Entertainment Ltd, Galaxy Entertainment Group Ltd, MGM China Holdings Ltd…

Detroit News – The future of a small northern Michigan casino took center stage Monday before the U.S. Supreme Court in a case that tests the limits of Native American sovereignty. Michigan Solicitor General John Bursch argued before the justices that the Bay Mills Indian Community, a tribe based in the Upper Peninsula, opened an illegal casino in northern Michigan and that the gaming facility should remain shuttered. The lawyer for the tribe, Neal Katyal, told the High Court that although the casino was opened off the tribe’s reservation, it should be considered Indian land and therefore immune from Michigan’s…

Mirror.co.uk – Skint James Petherick has told how he blew £250,000 in 10 years on slot machines ­branded the “crack ­cocaine of ­gambling”. Welder James, 37, spoke about the devastating impact of fixed odds ­betting ­terminals on which ­you can gamble up to £100 in 20 seconds. He was driven to the brink of ­suicide by a crippling ­addiction to the casino-style machines that are found in bookies and are now the target of a Sunday People campaign. He said: “I’d stop on the way home, go into a bookies and pour all my wages into these machines. “I’ve worked…

CNBC – In an age of austerity, the appeal of making a quick buck often sees people turn to gambling. But in the U.K., there are increasing calls for a certain type of gaming machine – which some critics have dubbed the “crack cocaine of gambling” – to be banned. Fixed-Odd Betting Terminals (FOBTs), also known as B2 machines, allow gamblers to play games such as roulette at high-speed and with relatively high-stakes in their local betting shops. There are currently almost 33,400 of these machines in the 9,112 betting shops across the U.K. A punter can feed a maximum…

A bill legalizing casinos in Japan will probably be submitted to the current session of parliament, an official at Japan’s ruling Liberal Democratic Party said today, fueling gains in gaming company shares. “I think we will submit it,” Seiko Noda, the chairman of the LDP’s General Council, said in Tokyo, referring to the session ending on Dec. 6. “This is a first for Japan. It will be a step toward building up Japan’s status as a tourist destination,” she told reporters after the council approved the bill. Pachinko company Dynam Japan Holdings Co. (6889), which is interested in operating a…

Chicago Tribune – Illinois gamblers cut back on their slot machine action in 2009. In a study released Monday about slot-machine spending in four casino markets, the American Gaming Association said one-armed bandits in Illinois, Las Vegas and Atlantic City took in less revenue in 2009 than they did in 2008. In Illinois, total slot machine “win,” or how much the devices keep from the gamblers, fell by 8.4 percent to $1.2 billion. Still, that’s not as bad as the 21.7 percent revenue drop that Illinois saw in 2008. Fewer visits to Illinois casinos were a factor. In 2009, the…