General Gambling News

EU Disputes Legality of UIGEA

September 22, 2008 - No Comments European Union online gambling companies are disputing the legality of the Unlawful Internet Gambling Enforcement Act (UIGEA), according to Reuters.  The result is that the issue could be decided by the World Trade Organization. “It looks very much as if this matter will… be sent to the WTO at the end of the commission’s investigation,” said Lode Van Den Hende, an outside counsel for the Remote Gambling Association (RGA). While....

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Chris Webber To Host No River Holdem Poker at Planet Hollywood

July 24, 2008 - No Comments Former basketball great Chris Webber will be hosting a celebrity laden poker tournament at Planet Hollywood this Friday as part of C-Webb’s Bada Bling Celebrity Weekend. The tournament will unite poker pros and celebrities such as Detroit Pistons star Rip Hamilton, boxing champ Floyd Mayweather Jr., and the USA Olympic basketball team! The tournament is for charity and all proceeds will go to the Chris Webber foundation which provides educational....

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Stanley Ho to Take Flagship Firm Public

June 27, 2008 - No Comments Macau’s gambling icon, Stanley Ho, is taking his flagship firm, Sociedade de Jogos de Macau Holdings or SJM, public, battling the Las Vegas gaming giants. Ho is offering shares in the company that made him one of Asia’s richest men, and he’s still believed to be Macau’s biggest casino operator despite losing his monopoly in 2002. A company source who declined to be named said that SJM is looking to raise $655,000,000 for the....

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NIGC Announces 2007 Indian Gaming Revenues

June 20, 2008 - No Comments Philip N. Hogen, Chairman of the National Indian Gaming Commission (NIGC), announced today that net revenues from Indian gaming continue to grow, increasing 5% from 2006 and generating $26 billion in revenues in 2007. The continued growth is significant considering recent economic struggles throughout the country. Indian gaming continues to be an important factor in local economies by providing much needed jobs throughout Indian country and other....

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Herbst Gaming Shuts Down Small Casino in Nevada

June 20, 2008 - No Comments Financially troubled Herbst Gaming closed one of its small Northern Nevada casinos this week. The Las Vegas-based company, which told investors in late March it was facing possible bankruptcy over a mounting debt load, closed the Red Hawk Sports Bar in Dayton, laying off an undetermined number of workers. The small casino, which had 33 slot machines, was purchased by Herbst in January 2007 through its $119 million acquisition of Sands Regent, a Reno-area....

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Couple’s Gaffed Roulette Wheel is Gambling History

June 20, 2008 - No Comments As reported by the Reno Gazette-Journal: Boyd and Sharon Cox thought they were simply buying an antique roulette table when they responded to a newspaper ad several years ago. What they ended up with is a one-of-a-kind piece of gambling history that has been talked about and written about but never actually seen by modern-day gaming regulators and insiders. ‘This is the bigfoot, the UFO, the D.B. Cooper of gambling stuff,’ said Jim Edwards,....

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Venetian Hotel Hosts Superfly Singles Night

June 20, 2008 - No Comments Virgin America, the California-based airline that is bringing fun and style back to flying, today partnered with Match.com to bring singles aboard the airline’s SuperFly Wednesday night series for an evening of social networking and fun. Bob Guiney formerly of The Bachelorette and The Bachelor will be on the flight to encourage guests to meet their match and stir things up en route from San Francisco to Las Vegas. Upon landing, the fun....

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Harrah’s Earns License Renewal in Atlantic City

June 20, 2008 - No Comments As reported by the Press of Atlantic City: All four Atlantic City casinos owned by gaming giant Harrah’s Entertainment Inc. were awarded new five-year licenses Wednesday despite complaints by union officials that the company is stalling on negotiations for a labor contract. The New Jersey Casino Control Commission also approved affiliates of Apollo Management and TPG Capital as the new owners of the world’s largest casino company. Apollo....

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