Illinois Lottery Winners File Lawsuit The Illinois Lottery is unable to pay big winners due to a government shutdown in the state. Tickets with a prize of $25,000 and higher cannot be cut to winners due to a budget disagreement in the state legislature. Players owed money by the Illinois Lottery filed suit against the …
Illinois Lottery Not Paying, Caesars Pays Fines, New Gambler In Nevada Black Book Read More »
Sports Leagues Win Sports Betting Appeal The sports leagues prevailed over New Jersey once again in the Third Circuit Court of Appeals. The court split 2-1, taking the side of the sports leagues that New Jersey’s sports betting prohibition repeal was not full enough to qualify as legal under the Professional and Amateur Sports Protection …
Las Vegas Club Casino Closes After 85 Years The Las Vegas Club opened in 1930 and received a gaming license the following year. Its 85-year run ended on Wednesday at midnight when its doors were locked forever. The Las Vegas Club property was acquired by the Stevens brothers, owners of Golden Gate and The D …
Caesars Entertainment Debt Lawsuits Move Forward Caesars Entertainment lost a bid to hold off a lawsuit involving the bankruptcy of its operating unit this week. That caused the stock price to collapse 40 percent on Wednesday. The fear by investors is caused by the lack of protection of the parent company’s assets by the bankruptcy …
Caesars Entertainment Stock Collapses, No Poker in Idaho, and New Las Vegas Poker Room Read More »
MGM Proposes Atlanta Casino MGM Resorts has proposed a casino in Atlanta, one of the largest cities in the U.S. without legalized gambling. The proposal includes a $1 billion investment that would be used to construct a Las Vegas-style resort with hotel rooms, restaurants, and other amenities. MGM estimates that it would add $250 million …
Five Deadwood casinos will launch new games starting July 1. South Dakota voters approved expanding gambling to craps, roulette and live keno in a November statewide referendum. The new law permitting these games applies to casinos located in Deadwood and on tribal land in South Dakota. Five casinos will spread roulette, while only three will …
Deadwood Casinos Launching Craps and Roulette July 1 Read More »
Details for New Las Vegas Strip Property Emerge Plans for Alon Las Vegas emerged this week. The Fox affiliate in Las Vegas uncovered a preliminary application for construction of the Alon resort on the former site of the New Frontier. The site is located directly across the street from Encore. This is immediately south of …
Kirk Kerkorian, Dead at Age 98 Kirk Kerkorian, founder of the company known today as MGM Resorts, died at the age of 98 this week. The pioneer of the Las Vegas Strip was the largest shareholder in MGM Resorts at the time of his death. He opened several Las Vegas Strip casinos – including today’s …
Indiana Governor Vetoes One Gaming Bill, Ignores Two Others Indiana Governor Mike Pence used executive inaction to allow two bills to go into law and vetoed a third this week. HEA 1540, which allows casinos to build on land, became law without the governor’s signature. HEA 1540 also permits gaming compacts with state tribes. SEA …
The IRS proposed dropping the minimum reportable slot jackpot win from $1,200 to $600 earlier this year. The IRS allowed individuals and businesses to comment on the proposal. The last day for that comment period is today, June 2. A player that wins $1,200 or more at a slot or video poker machine on a …
Last Day to Comment on IRS Slot Jackpot Proposal Read More »
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