Petersburg Casino Bidding Process Scolded by Virginia Senator Who Sponsored Bill
How the Petersburg casino bidding process played out has yet another critic in Virginia Sen. Lashrecse Aird (D-Petersburg), who led the effort to pass legislation designating the city for a casino license. Virginia Sen. Lashrecse Aird (in blue) speaks with poll workers in June 2023. Aird last week criticized the Petersburg City Council for its…
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Nevada Regulators Join Las Vegas Money Laundering Probe as Net Widens
The Nevada Gaming Control Board (NGCB) has joined a sprawling investigation into the possible laundering of proceeds from illegal bookmaking at Las Vegas casinos, the Nevada Current reports. Scott Sibella, above, has pleaded guilty to violating the Bank Secrecy Act in connection to Wayne Nix, the bookie he allowed to gamble at the MGM Grand.…
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Prominent District Attorney in Pennsylvania Calls for Skill Gaming Clarity
A prominent county prosecutor in Pennsylvania is urging state lawmakers in Harrisburg to pass a regulatory bill for skill games, the controversial slot-like gaming machines that the casino industry claims constitute illegal gambling. Skill gaming terminals branded “Pennsylvania Skill” are seen in a bowling alley near a children’s amusement claw machine in Hawley, Pa. A…
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Inflation, Interest Rates Weighing on Gaming Industry M&A, Says Analyst
Entering this year, it was widely expected that the Federal Reserve would pare interest rates from 20-year highs, potentially unleashing a wave of mergers and acquisitions activity in the casino gaming industry, but that scenario hasn’t materialized. The Las Vegas Strip. High interest rates are weighing on gaming industry mergers and acquisitions activity, says an…
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Crown Resorts Retains Coveted Sydney Casino License After Corp. Transformation
Australian casino giant Crown Resorts has been deemed suitable to continue possessing a gaming license in New South Wales (NSW) after the embattled organization underwent a corporate overhaul in recent years. Crown Sydney has been found suitable to continue holding a casino license in New South Wales. The regulatory inquiry outcome is a major win…
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Chickasaw Nation to Open Lakecrest Casino Hotel in Oklahoma
The Chickasaw Nation will open its newest casino hotel on Wednesday, April 24. Oklahoma’s Chickasaw Nation will hold a soft opening of the Lakecrest Casino & Hotel on Wednesday, April 24. The tribe says a grand opening and ribbon cutting will be held at a later date. (Image: Lakecrest Casino & Hotel) Continuing its…
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Sunset Station Casino Workers Ask That Culinary Union No Longer Represent Them
More than half of the approximately 600 unionized workers at Sunset Station Hotel and Casino reportedly want to drop the Culinary Union Local 226 as their labor representative. Scott Kreeger, president of Red Rock Resorts, pictured above. Workers at one of the company’s properties reportedly no longer want to be represented by the Culinary Union.…
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Alabama Gaming Conference Committee Gathers to Find Resolution
A special committee in Alabama formed of three state senators and three House lawmakers gathered this week in Montgomery to try and iron out differences between the two legislative chambers on how to go about expanding gaming in the Cotton State. Alabama Sen. Greg Albritton (left) talks with Senate Minority Leader Bobby Singleton (D-Greensboro). Albritton…
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Muckleshoot Casino Accused Murderer Is Held on $5M Bail After Random Stabbing
The man who fatally stabbed a stranger early Sunday at Washington State’s Muckleshoot Casino chose his victim on the gaming floor after he couldn’t locate his intended target, authorities revealed. Washington State’s Muckleshoot Casino, pictured above. A man accused of stabbing another patron at the gaming property is now in jail. (Image: Seattle and Sound)…
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Online Betting, Marijuana Altering State Tax Bases
US states have long applied “sin taxes” to items such as alcohol, beer, cigarettes, other tobacco products, and wine as avenues for bolstering revenue. More recently, marijuana and sports wagering have been added to the mix, representing alterations to some states’ revenue compositions. Illinois Gov. J.B. Pritzker arrives at the State Capitol to deliver his…
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