Skip to: Content
Skip to: Site Navigation
Skip to: Search
SATURDAY, NOVEMBER 21, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: casino

casino stories: 54 news summaries

1 - 20 of 54 Stories | 1 2 3 Next >>

Switch to grid view »

whose law applies?

Tribal Casino Defaults
May Sink Creditors  

Foxwood failure sparks debate over  'sovereign nation' status

Nov 19, 09 2:17 PM CST
(Newser) - As the Native American tribe that own the Foxwoods Resort Casino in Connecticut looks poised to become the biggest defaulter yet on tribal casino debt, holders of billions of dollars of tribal debt are questioning whether US laws apply to tribes operating as sovereign nations. “With casinos such as... More »

MORE ABOUT:
bankruptcy • debt • casino • default • Native Americans • Foxwoods

Trump Drops Bid to Control Bankrupt Casinos

Donald, Ivanka allow creditors to control resort

Nov 17, 09 5:53 PM CST
(Newser) - Donald Trump will let creditors have the Trump Entertainment Resorts, easing the way for the three Atlantic City casinos to emerge from bankruptcy. The Donald and daughter Ivanka have stopped all litigation against a group of creditors who sought to block a bid by the Trumps to regain control over... More »

MORE ABOUT:
Donald Trump • Atlantic City • casino • Ivanka Trump

ELECTION DAY

 Gay Marriage to Gambling: 
 Key Ballot Initiatives 

Two states vote on taxpayer bills of rights, to curb spending

Oct 27, 09 4:24 AM CDT
(Newser) - Voters in six states will head to the polls next Tuesday to decide ballot initiatives on everything from medical marijuana to livestock care. The Atlantic lists some of the most interesting, and the most likely to reverberate across state lines.
  • Question 1, Maine. Maine voters are being given
... More »

MORE ABOUT:
gay marriage • taxes • Ohio • casino • Maine • Washington state • referendum • ballot initiative • Election 09

 Vagrants Find 'Home' in 
 Tunnels Under Vegas Casinos 

Tunnel dwellers trade danger of drowning for a little comfort

Sep 24, 09 6:39 PM CDT
(Newser) - Flood tunnels beneath the casinos of Las Vegas seem an unlikely place to call home. But that’s exactly what they are to an estimated 700, including some who’ve built surprisingly elaborate makeshift dwellings in the 350-plus miles under the city. The Sun describes the “home” of couple... More »

MORE ABOUT:
gambling • Las Vegas • flood • casino • homeless • tunnels

 CityCenter: Las Vegas' 
 $8.5B Stimulus Bet 

Hotel-casino-condo-shopping behemoth brings 12K jobs, optimism to battered state

Sep 23, 09 6:54 PM CDT
(Newser) - A gigantic addition to the Las Vegas Strip is a one-stop stimulus package for a city and state walloped by the recession and an $8.5 billion bet that happy days are near again. With 12,000 jobs, the CityCenter project—a kaleidoscope of condominiums, boutique hotels, shopping, and, of... More »

MORE ABOUT:
Las Vegas • debt • recession • casino • CityCenter • hotel • credit crisis • condominium • Las Vegas Strip • financial crisis

(Newser) - The many states hoping gambling will revive their troubled budgets are in for an unpleasant surprise, writes Nate Silver for Esquire. Gambling is supposed to be recession-proof, but that hasn’t been the case this time. "The year 2008 was the first time in history that total casino gaming... More »

MORE ABOUT:
California • taxes • gambling • Las Vegas • Pennsylvania • casino • Delaware • Nevada • Nate Silver • state budgets

 Penny Slots Bring In Big Bucks 


Aug 31, 09 11:41 AM CDT
(Newser) - Casinos are making big bank off the tiniest—and oft-most derided—denomination, USA Today reports. Gambling outfits have added penny slots at an amazing rate—in the last 2 years, Nevada has removed 12,000 more costly machines to make room for 7,000 penny slots—and the move... More »

MORE ABOUT:
gambling • Las Vegas • recession • casino • Missouri • Nevada • slot machines • gamblers • penny slots

Court Ruling Scuttles Del. Sports Gambling Plans

Grandfather clause doesn't apply to single-game expansion: judges

Aug 24, 09 4:29 PM CDT
(Newser) - A federal court quashed Delaware’s bid to legalize single-game sports betting today, ruling that the gambling expansion violated a 1992 federal law, the News Journal of Wilmington reports. State lawyers had argued Delaware was exempt from the Professional and Amateur Sports Protection Act under a grandfather clause, but a... More »

MORE ABOUT:
sports • gambling • US Appeals court • casino • Delaware • revenue • sports betting

(Newser) - Every state but Utah and Hawaii allows some form of legal gambling, and most have come to rely on it as a growing source of revenue. Unfortunately, a lot fewer people are hitting the slots or buying lotto tickets these days, the Wall Street Journal reports. Commercial casinos produced... More »

MORE ABOUT:
gambling • casino • lottery • state budgets • budget crisis

Russia Bans Gambling as Mega-Casinos
Crap Out

Planned mini-Vegases stall in financial crisis

Jun 17, 09 9:23 AM CDT
(Newser) - Gambling has played a major role in Russian life since 1989, with high-rolling casinos—more than 30 in Moscow alone—echoing the cowboy capitalism of the post-Soviet years. But July 1, Russia is shutting down all gaming and slot machine halls, confining gambling to four Vegas-style zones across the country.... More »

MORE ABOUT:
Russia • gambling • casino • Mafia • slot machines • financial crisis

(Newser) - The Delaware State Senate has approved a bill legalizing sports betting and allowing casinos to operate table games like roulette, the News Journal of Wilmington reports. The governor, seeking to close a gaping budget gap, will sign the bill this week. The measure sailed through the senate after a... More »

MORE ABOUT:
gambling • Las Vegas • legislation • casino • legalization • Delaware • sports betting • state senate • craps • Jay-ZTV • roulette • Jack Markell

(Newser) - Minnesota wants Internet providers who serve customers in the state to block access to Internet gambling sites, the Minneapolis Star Tribune reports. Officials say the practice is illegal in the state, but how prevalent it is is unclear. “It's hard to know that," a gambling regulator said.... More »

MORE ABOUT:
casino • Minnesota • illegal activity • Internet service providers • online gaming • Internet gambling • state governments

 Spacey to Play 
 Jailed Lobbyist 
 Abramoff 

DC scammer looking forward to telling his side

Apr 25, 09 11:52 AM CDT
(Newser) - Kevin Spacey met with lobbyist-extraordinaire-turned-convict Jack Abramoff yesterday to discuss the actor’s portrayal of him in the upcoming Casino Jack, Deadline Hollywood Daily reports. The jailed Abramoff, convicted of scamming American Indians out of millions in casino money, is reportedly a huge Spacey fan. “For two guys who... More »

MORE ABOUT:
film • Jack Abramoff • celebrity • casino • lobbyist • Kevin Spacey

(Newser) - Penny-pinching gamblers are flocking to casinos for a cheaper bet these days: penny slots. The machines enable them to play longer with the same amount of cash, and, thanks to modern paper payouts, no longer burden them with noisy bucket-loads of coins. Casinos don't mind the games, either. "... More »

MORE ABOUT:
gambling • casino • Missouri • slot machines

(Newser) - MGM Mirage, the gambling conglomerate, is considering the sale of casino properties in Michigan and Mississippi to pay down debt and save an underfunded Las Vegas development, the Wall Street Journal reports. The Vegas-based company has retained Morgan Stanley to shepherd the sales of the MGM Grand Detroit and... More »

MORE ABOUT:
Detroit • Las Vegas • MGM Mirage • Morgan Stanley • debt • recession • casino • Mississippi • Dubai World • MGM Grand • City Center

Giant Vegas Project May File for Bankruptcy

Kerkorian-Dubai megaconstruction will miss debt payment

Mar 27, 09 7:33 AM CDT
(Newser) - City Center, the sprawling $8.6 billion Las Vegas development and the largest private construction project in history, will likely fail to make a $220 million debt payment today and may file for bankruptcy. The project is a collaboration between Kirk Kerkorian's MGM Mirage and Dubai World, a conglomerate owed... More »

MORE ABOUT:
Kirk Kerkorian • Las Vegas • MGM Mirage • Dubai • casino • Dubai World • Nevada • Howard Stern Grid

 Sir Paul's 
 Vegas Gig 
 Sold Out 
 in 7 Seconds 

Must be some kind of record

Mar 11, 09 3:37 AM CDT
(Newser) - A spring gig at a Las Vegas casino featuring Sir Paul MCartney sold out in a blink-of-an-eye seven seconds, reports the Telegraph. The former Beatle will rock the rafters for 4,000 fans next month at the opening of the New Joint at the Hardrock Hotel and Casino. The hurricane... More »

MORE ABOUT:
Paul McCartney • Las Vegas • casino • rock and roll • concert • Beatles

(Newser) - Owing bondholders more than a billion dollars, Donald Trump's Atlantic City casino company is expected to file for chapter 11 tomorrow, the Wall Street Journal reports. Board members are discussing it tonight, but if they don't file, creditors will force them into bankruptcy tomorrow. It will mark Trump Entertainment Resorts'... More »

MORE ABOUT:
Donald Trump • Atlantic City • bankruptcy • casino

(Newser) - Las Vegas card-counters beware, if you're using an iPhone, the Las Vegas Review-Journal reports. A California gaming authority has tipped off Nevada officials about an iPhone program that helps users count cards in blackjack. "The program calculates the true count and does it significantly more accurately," a Gaming... More »

MORE ABOUT:
gambling • iPod • casino • iPhone applications

 What Downturn? Vegas 
 Gets New $2.3B Resort 

Mogul riding high while rivals, Vegas struggle

Dec 20, 08 4:15 PM CST
(Newser) - Recession has dimmed the glittering lights of Las Vegas, but it hasn’t stopped hotel and casino mogul Steve Wynn, AFP reports. Wynn is preparing to open the lavish $2.3 billion resort Encore on Monday as Sin City weathers its worst economic meltdown in decades. “I don't owe... More »

MORE ABOUT:
Las Vegas • MGM Mirage • casino • Steve Wynn • Las Vegas Strip • Wynn Las Vegas

1 - 20 of 54 Stories | 1 2 3 Next >>


from our news partners