iGaming Business – Bookmaker William Hill is offering future wagering on the 2014 Kentucky Derby horseracing event for customers in the US state of Nevada. Wagers on the Kentucky Derby can be placed at any William Hill Race Book location in Nevada. Honor Code and Tap It Rich currently head the list of hopefuls with William Hill offering prices of 50-1 on each horse. William Hill listed Orb, the 2013 Derby winner, at opening odds of 150-1 before the horse entered the race at 5-1. The 2014 event will take place at Churchill Down, Kentucky on May 3, 2014. In…

Residents are not eager to have a full-scale New York casinos in the five boroughs. And if new casinos are built upstate, most city residents say they would not be interested in visiting. But a majority of city voters support a ballot measure to allow as many as seven casinos in New York State, according to a New York Times/Siena College poll. The finding is good news for supporters of expanded gambling in the state, including Gov. Andrew M. Cuomo. New York City is home to about 40 percent of the state’s registered voters, and Election Day turnout in the…

Macau Business Daily – Wynn Palace – the new US$4 billion (31.95 billion patacas) Cotai resort being developed by entrepreneur Steve Wynn – will definitely be ready by Chinese New Year 2016 says the company. But even as reportedly the last of the concrete is being poured into the foundations, Mr Wynn has already set his mind to developing phase two of his approximately 51-acre (20.6 hectare) Cotai site. Phase two will be known as Wynn Diamond. He spoke about it on the latest earnings call for the parent company Wynn Resorts Ltd, covering the three months to September 30….

Chicago Tribune – Illinois regulators are looking at tightening rules on the lucrative video poker market after revelations that those without a license can cash in on the business. A Tribune investigation this month revealed how some have been able to make money as middlemen in the industry even after being denied licenses or admitting to illegal gambling, despite the state setting up strict vetting requirements. So far, regulators have been tight-lipped about what changes are under consideration. Illinois Gaming Board members did not address the issue during their public meeting Thursday. Board Chairman Aaron Jaffe told the Tribune afterward:…

Business Week – Japanese lawmakers began to flesh out a plan to legalize casinos, with an outline of proposed legislation allowing gambling resorts to be developed not only in big cities but also in regional areas. The document includes a proposal that inspectors be appointed to monitor casinos for illegal activities, according to a copy obtained by Bloomberg News from a person who attended a panel meeting where the proposal was presented. While betting on horse, boat and bicycle races is allowed in Asia’s second-largest economy, casinos are currently banned and a lawmakers’ group is planning to submit a separate…

Press Release – When the Indian Gaming Regulatory Act (IGRA) was signed into law on Oct. 17, 1988, many tribal leaders strongly opposed the federal policy as an infringement on the sovereignty of Indian Country to operate casino-style gaming facilities on tribal lands. In retrospect, however, IGRA, while limiting, has proven to be one of the most progressive economic tools for many tribes, particularly in California, forever changing the face of gaming in this country and making IGRA’s 25th anniversary one worth recognizing. “It’s the one federal Indian policy – amidst a host of failed policies that the federal government…