VETERAN NEVADA SENATOR CALLS IT A DAY

27th March, 2015 at 20:34:37
Harry Reid says he will not stand for reelection in 2016.

Veteran Democratic Party Nevada Senator Harry Reed, a central figure in many legislative debates and developments regarding online gambling over the years, has announced that he will not seek reelection in 2016.

Full Story: Veteran Nevada Senator Calls It A Day »

SHARED ONLINE PLAYER POOLS LAUNCHED IN NEVADA AND DELAWARE

25th March, 2015 at 08:38:19
Player-sharing agreement between US states becomes a reality.

The US states of Nevada and Delaware began sharing their players in an historic online poker development Tuesday after months of interstate negotiations on the project.

Full Story: Shared Online Player Pools Launched In Nevada And Delaware »

NEW NEVADA BILL CONFINES INTERSTATE COMPACTS TO ONLINE POKER

22nd March, 2015 at 07:50:38
Nevada bill AB 414 currently in the state's House Judiciary Committee.

Unconfirmed reports from usually reliable sources like Nevada gambling journalist Jon Ralston have suggested that land casino billionaire and anti-online gambling crusader Sheldon Adelson is the behind-the-scenes driver of a new Nevada political proposal that seeks to restrict any state player-sharing agreement with other states to online poker only.

Full Story: New Nevada Bill Confines Interstate Compacts To Online Poker »

AMERICANS WILL SPLASH OUT $9 BILLION ON MARCH MADNESS THIS YEAR

17th March, 2015 at 09:54:09
And most of those bets on the National Collegiate Athletic Association's basketball tournament will be illegal.

Americans will bet more than $9 billion on the National Collegiate Athletic Association's basketball tournament this year, but the vast majority of those bets will be illegal, reports the publication Pennlive, quoting American Gaming Association figures.

Full Story: Americans Will Splash Out $9 Billion On March Madness This Year »

PARTIES IN REVEL DISPUTE ARE BACK AT THE NEGOTIATING TABLE (Update)

16th March, 2015 at 07:43:39
Judge Burns postpones today's hearing.

The Atlantic City bankruptcy court hearing scheduled for today (Monday) on the sale of the Revel complex has been postponed indefinitely.

Full Story: Parties In Revel Dispute Are Back At The Negotiating Table (update) »

THIRD REVEL SALE DERAILED (Update)

14th March, 2015 at 08:47:04
Bankruptcy court judge refuses to authorise sale to Florida developer.

Atlantic City bankruptcy court Judge Gloria Burns finally decided Friday not to approve the sale of the Revel building to Florida property developer Glenn Straub, despite his being the firmest offer on the table at present, and his commitment of a deposit and escrow funds worth a total of $82 million for the sale (see previous reports).

Full Story: Third Revel Sale Derailed (update) »

FEWER CASINOS, BUT REVENUES STILL DROP IN ATLANTIC CITY

13th March, 2015 at 09:31:04
February stats show a 14.8 percent decline y-o-y.

The latest official numbers from Atlantic City show that despite there being only eight land casinos left in the market, revenues continued to decline in February and were down overall by 14.8 percent compared to the same period last year.

Full Story: Fewer Casinos, But Revenues Still Drop In Atlantic City »

ICAHN GAINS CONTROL OF ATLANTIC CITY CASINO (Update)

13th March, 2015 at 09:31:04
Bankruptcy court approves the Chapter 11 reorganisation plan for Trump Entertainment Resorts.

Billionaire US investor Carl Icahn has achieved control of Atlantic City land operation Trump Taj Mahal following the approval of a Chapter 11 bankruptcy plan for Trump Entertainment Resorts by a Delaware bankruptcy court this week.

Full Story: Icahn Gains Control Of Atlantic City Casino (update) »

LAS VEGAS SANDS WINS I.P. COURT CASE

05th March, 2015 at 07:03:11
But can a US court force compliance?

The major US land gambling group Las Vegas Sands, owned by multi-billionaire Sheldon Adelson, has successfully concluded another intellectual property case to protect its trademark and brand intellectual property.

Full Story: Las Vegas Sands Wins I.p. Court Case »

FOURTH QUARTER LOSSES PERSIST FOR CAESARS INTERACTIVE

03rd March, 2015 at 08:44:44
Revenues up almost 64 percent thanks to social and online gambling performance, but losses remain high.

Caesars Interactive Entertainment, the online arm of US land gambling giant Caesars Entertainment, has reported on its fourth quarter, with revenues rising 63.6 percent to $156.4 million following good performances in social gaming and New Jersey online gambling interests.

Full Story: Fourth Quarter Losses Persist For Caesars Interactive »

NEVADA SENATOR SEEKS A BREAK ON FEDERAL SPORTS BETTING TAX

01st March, 2015 at 08:00:13
Second time lucky for Sen. Titus?

Nevada Senator Dina Titus is taking a second run at one of her pet projects, the repeal of a federal tax on Nevada sportsbook turnover that sees between $9 and $11 million leave the state for federal coffers every year.

Full Story: Nevada Senator Seeks A Break On Federal Sports Betting Tax »

BETTER JANUARY NUMBERS FOR NEVADA LAND GAMBLING

28th February, 2015 at 07:41:29
But concern over the reliance on baccarat.

Baccarat, the game of choice for many high roller gamblers and therefore a major contributor to overall land casino win in Nevada, delivered $137.7 million of January's $952.7 million casino win, again raising regulator concerns at the reliance operators place on the consistent performance of the game.

Full Story: Better January Numbers For Nevada Land Gambling »

IRANIANS WERE BEHIND THE CYBER ATTACKS ON LAS VEGAS SANDS

27th February, 2015 at 16:49:31
Did Adelson's support for Israel make his company a target?

Last year

Full Story: Iranians Were Behind The Cyber Attacks On Las Vegas Sands »

SHARED NEVADA AND DELAWARE PLAYER POOLS SOON?

25th February, 2015 at 07:49:56
Year-old compact to share player pools has yet to be activated.

The Nevada-Delaware interstate compact to share player pools to boost online poker liquidity was signed a year ago (see previous reports) yet has still not materialised, but that may be about to change, according to the Las Vegas Review Journal.

Full Story: Shared Nevada And Delaware Player Pools Soon? »

NEW JERSEY INTROS SELF-EXCLUSION REGISTER FOR ONLINE SECTOR

23rd February, 2015 at 19:58:45
Initiative a collaboration between DGE and NICUSA

The New Jersey Division of Gaming Enforcement (DGE) has introduced a self-exclusion register for the internet sector in line with its responsible gambling strategy, Online Casinos Vegas learned this week.

Full Story: New Jersey Intros Self-exclusion Register For Online Sector »

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