Archive for the ‘XBlog’ Category

Tribal Gaming Growth Hurts Laughlin and Reno, But Vegas Still Bulletproof, Says Analyst

Sunday, March 1st, 2020

Tribal <a href="http://partybritches.com/2020/03/01/tribal-gaming-growth-hurts-laughlin-and-reno-but-111/#more-8825" class="more-link"><span aria-label="Continue reading Tribal Gaming Growth Hurts Laughlin and Reno, But Vegas Still Bulletproof, Says Analyst">(more…)</span></a>

Pennsylvania Casino Industry Posts Record Revenues

Sunday, March 1st, 2020

Pennsylvania Casino Industry Posts Record Revenues

Sands Bethlehem, which captured the lion’s share of Pennsylvania’s record table game haul, but missed out overall to its closest rival, Parx Casino.

Pennsylvania’s gambling enterprises reported the greatest results in their history that is nine-year for 12 months ending June 30, 2016. According to the Pennsylvania Gaming Control Board, revenue from slots and dining table games topped $3.2 billion for the period, toppling the previous record by $86 million. Year table games revenue alone was $839 million, up nearly 8 percent on last.

Sheldon Adelson’s Sands Bethlehem could be the biggest casino in the state and, needlessly to say, it took the lion’s share of table games revenue, some $228.1 million, up 12.4 percent year-on-year, and dwarfing its closest competitor, Parx Casino, which took $155 million.

Rogue Chip Smuggler

Sands achieved this impressive figure, incidentally, despite the revelation that one of many casino’s table game supervisors ended up being charged today with removing high-domination potato chips through the casino secreted in her bra.

Local woman Brandy Micheli-Cheatham, 44, ended up being spotted by eagle-eyed security staff stuffing six purple potato chips, each worth $500, into her underclothing. She admitted to the crime after being apprehended by casino staff who had initially figured she ended up being just happy to see them.

Despite all the exciting distractions down at the Sands, Adelson’s joint (more…)

Pala Casino Tries to maintain with the Joneses with $170 Million Expansion to Southern California Resort

Saturday, February 29th, 2020

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West Virginia Rules DFS Game of Experience; No it’s Not, Says Delaware

Saturday, February 29th, 2020

West Virginia Rules DFS Game of Experience; No it’s Not, Says Delaware

Delaware AG Matthew Denn’s opinion it is that DFS is really a not a game of ability. At least, it is not the means we play it!

Western Virginia and Delaware are two states that haven’t any plans to legalize daily dream sports in the future, and for two very different reasons. Two attorneys general, 400 miles apart, have actually demonstrated two very different opinions on the legality regarding the contests over yesteryear days that are few.

On West Virginia’s AG ruled that there was no need to legalize DFS because it was prominently a game of skill and therefore perfectly legal under West Virginia law monday.

‘We read state law to prohibit only betting upon games decided at minimum predominantly by chance,’ penned Morrisey in his opinion. But DFS, he said ‘are determined predominantly by skill, knowledge, and athletic performance.’

Whether West Virginia will now move to regulate and tax the DFS industry, as its neighbor Virginia became the first US state to accomplish at the beginning 1xbet работающее зеркало на сегодня скачать of the season, is needless to say a matter for the legislature.

Delaware Pulls the Plug

In stark contrast, Delaware pulled the plug on DFS week that is last with its AG, Matthew Denn, ruling, perhaps more controversially, that the contests were virtually games of chance.

‘Relying in the Delaware Constitution, as well as State and Federal case law, DOJ attorneys determined that online fantasy contests that involve payment (more…)

Philippines Police Arrest 43 After Violent High-Roller Kidnapping at Solaire Casino

Saturday, February 29th, 2020

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Macau Anti-Money Laundering Measures Tightened as Beijing Turns the Screws

Saturday, February 29th, 2020

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Kazuo Okada’s Manila Casino Project Could Reach $4 Billion

Saturday, February 29th, 2020

Kazuo Okada’s Manila Casino Project Could Reach $4 Billion

Kazuo Okada, the Japanese billionaire and former buddy of Steve Wynn, wants to turn Manila into the new Macau.

Kazuo Okada, the billionaire chairman of Universal Entertainment Corp and Tiger Resorts Entertainment Inc, could be upping his investment in Manila to $4 billion, as he seeks to transform the Philippine capital’s ‘Entertainment City’ into the brand new Macau.

This would represent Okada’s biggest investment of all of the time, stated Takahiro Usui, COO of Tiger Resorts this week.

Usui also revealed that the good fresh fruit of this investment, a 993-room resort and casino resort scheduled to open in November, possesses name that is new. The project previously referred to as ‘Manila Bay Resorts’ has become ‘Okada Manila,’ which suggests the Japanese gaming mogul has learned a thing or two from his former business partner-turned-foe Steve Wynn, and regarding the value of plastering your name throughout the front side of a casino.

Wynn Feud

Okada was a зеркало 1xbet скачать Wynn Resorts executive and a shareholder that is major the organization, until he was ousted in 2012. The 73-year-old Japanese businessman, who made his fortune manufacturing Pachinko machines, had at first anticipated his old friend Wynn to come on board because of the Manila task when he received a gaming permit there in 2008.

Okada had bailed Wynn out to the tune of $455 million to help finance the completion of Wynn Las Vegas and Wynn Macau, for which he rec (more…)

Pennsylvania Casinos See Their Fees Increased, Sheldon Adelson’s Sands Bethlehem Suffers Most

Saturday, February 29th, 2020

Pennsylvania Casinos See Their Fees Increased, Sheldon Adelson’s Sands Bethlehem Suffers Most

Table game revenue at Pennsylvania casinos will soon be taxed two % higher, and the increase will most greatly affect the Sands Casino Resort in Bethlehem.

Pennsylvania gambling enterprises will begin paying higher soon taxes on revenues generated at their tables. Lawmakers in Harrisburg continue to look for brand new sources of income to bridge a $1 billion spending plan gap in their state’s spending plan for the upcoming year that is fiscal and gambling is enemy #1.

The Republican-controlled legislature recently approved increasing fees on casino table games from 14 to 16 per cent, an apparently modest hike that in reality can pay substantial dividends. According to calculations, the continuing state stands to receive an additional $17 million annually from the two percent bump.

The 16 % taxation rate adopts effect next week.

‘This one sort of came out of nowhere,’ Sands Casino Resort Bethlehem CEO Mark Juliano told The Morning contact Allentown. ‘We’re unhappy about. Pennsylvania is currently the tax environment that is highest for casinos, but we’ll deal with it.’

Feet in the Sands

The tax increase on Pennsylvania gambling enterprises will impact that is most the Sands Bethlehem resort. Owned by billionaire Sheldon Adelson, one of Donald Trump’s biggest financiers within the 2016 presidential election, Adelson’s venue is the most profitable casino into the Keystone State.

Th (more…)

NBA Commissioner Adam Silver Believes Sports Betting Legalization a Slam Dunk in Coming Years

Saturday, February 29th, 2020

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Union Requests Strikes at Five Atlantic City Casino

Saturday, February 29th, 2020

Union Requests Strikes at Five Atlantic City Casino

Bob McDevitt, President of Local 54, who claims that workers made sacrifices once the casino industry’s chips had been down and he wants these

Atlantic City is facing industrial action at five of its eight casinos, as employees voted overwhelmingly to hit on July 1 unless employment agreement negotiations is resolved.

Members of Local 54 of the Unite-HERE union were 96 percent in support of the walkout at Bally’s, Caesars, Harrah’s therefore the Tropicana. The union had already voted to authorize a hit at Carl Icahn’s Trump Taj Mahal last thirty days, although it’s not clear whether it’ll be within the July 1 action.

Meanwhile, Borgata, Golden Nugget, and Resorts have actually been exempted because negotiations are progressing, the union said.

Sacrifices Made In Atlantic City

‘Today thousands of workers from Tropicana, Caesars, Bally’s and Harrah’s voted to authorize a strike on July 1 when they don’t have a contract that is fair’ said Bob McDevitt. ‘we have told the ongoing businesses that people can be found days, evenings, and weekends to negotiate.

‘The ball’s in their court, he added. ‘They need to offer these workers a fair agreement. We quit a great deal when times had been bad, now which they are making cash, they need certainly to give back once again to us.’

The union is aggrieved since it believes workers have actually agreed to make sacrifices over the past few years whilst the casino industry has skilled financi (more…)