Latest News
4/26/10 to 5/1/10

Bill would let chips fall where they may
MO - A bill that would let Missouri gamblers buy food and beverages with casino chips is on its way to Gov. Jay Nixon. / AP / April 27, 2010

Crist signs $1 billion Seminole gambling deal
FL - With little fanfare, Gov. Charlie Crist on Wednesday signed the bill ratifying the $1 billion Seminole gambling compact with the state and lowering the tax rate on South Florida parimutuels.The law gives the Seminole Tribe exclusive rights to operate Vegas-style slot machines outside of South Florida for 20 years, and allows the tribe to operate house-banked card games such as blackjack and baccarat at five of its seven facilities for five years. Under the plan, South Florida's parimutuels will see tax rates drop from 50 percent to 35 percent and licensing fees for slot machines reduced from $3 million a year to $2.5 million in 2011 and $2 million in 2012.Because the tribe is a sovereign nation and not subject to state and federal laws, it can only be obligated to pay revenues to the state if it receives something in return. In this case, it's the exclusive ability to offer table games in South Florida, and the slot machines outside of South Florida. / Herald/Times Tallahassee Bureau / BY MARY ELLEN KLAS / 04.29.10

Could St. Louis Have Casino King to Complement East St. Louis Casino Queen?
MO - Monday was the deadline to submit bids with the St. Louis Development Corporation for a new downtown casino to replace the President, which is closing this summerthree companies have thrown their name in the hat. / By Chad Garrison / St. Louis Business Journal / Apr. 28 2010

Companies express interest in St. Louis casino
MO - The St. Louis Post-Dispatch reported today that three companies have expressed interest in establishing a casino in St. Louis using the license currently held by the President CasinoThere's a lot more to this casino story, such as a group of residents demanding a casino be put to a vote again. Voters approved gambling in Cape Girardeau in 1993. But this was a second vote -- they initially rejected the idea earlier that year. / April 28, 2010

Casino Affiliate Programs Dirty Little Secrets Vol. 2
The internet is a very big place and its basically impossible to know every single good one or bad one, but we will endeavour to share some of our experiences with you none the less.The casino affiliate sector, and affiliate sector as a whole, is riddled with bad apples, dodgy companies and individuals a plentyMany of the firms are not financially solid to say the least.Poker affiliates, we think best to stay pretty clear from companies known to have employed "bots" - "robots", and if they have used them, why, and was it legal? / / APRIL 28, 2010

Florida greyhounds en route to new homes -- in Pennsylvania
FL - GREY2K USA, a national rescue network based in Somerville, Mass., estimates 3,000-8,567 greyhounds are put down a year, the range so vast because several states do not keep adequate public records.Racing greyhounds chase a mechanical lure that resembles a rabbit, which looks not unlike a cat -- to a greyhound. / BY ELINOR J. BRECHER / Miami Herald / 04.26.10

Developers to submit casino proposals today
MO - Today is the deadline for developers who want to open a new St. Louis casino to submit their notices of interest to the city.
Missouri's 13th and final gambling license will become available in July Any casino proposal in the city of St. Louis will be competing with others across the state for the final Gaming Commission license. Developers and casino operators are known to be preparing or considering proposals in north St. Louis County, Cape Girardeau and the Kansas City area. / St. Louis Business Journal / April 26, 2010

Gamble Sours for Many Kentucky Horse Breeders
KY - Over the past two years, for example, the number of mares bred nationally has dropped 20 percent, and the number of stallions standing stud has fallen even more, by 25 percent, according to The Jockey Club. Money bet on horse races, known as the handle, is off nearly 30 percent, to $12 billion in 2009, a major decline for a once-reliable source of revenue for local governments. Eskendereya, who would have been the favorite for the Kentucky Derby but was pulled out with an injury, is owned by a bankrupt stable Gambling is the core of the thoroughbred industry. The number of farms for sale in Kentucky's horse country has soared since last year. / By JOE DRAPE / New York Times / April 27, 2010

Hundreds of gamblers ban themselves from state's casinos
PA - The woman wore a wig and big, dark sunglasses at an eastern Pennsylvania casino. That anecdote from Pennsylvania gambling regulators shows what some people are up against as they fight their gambling demons. The woman is now one of 1,267 people across the state, "Self-exclusion is not a substitute for treatment. It is a tool to be used by the individual to refrain from the temptations of gambling,'' Horner said. Pappas, a former Philadelphia police officer, said he blew the family budget on gambling, and borrowed from finance companies, credit unions, family, friends and "anybody I could get a dollar from.'' Pappas said suicide "was attractive to me'"I had a gun to my head 10 times. An Erie man got caught more than a year ago at Presque Isle Downs & Casino trying to evade detection by wearing sunglasses and pulling a baseball cap down to cover his eyes, Horner said. For some who ban themselves and still can't stay away, the addiction is hard to overcome. / By JOHN GUERRIERO / April 28. 2010

Harrahs Chief On Internet Gambling
Loveman [Harrahs] told Reuters that he believes U.S. legalisation of online poker could bring in billions more in revenues for his company. Loveman said U.S. legalisation of online poker would generate billions of dollars in revenue for U.S. operators. / 4/29/10

Garage sale will benefit Greyhound adoptions in Springfield MO
MO - The organization is expecting an increase in greyhounds because race tracks are closing due to the economy, competition from casinosand some states are banning racing. / By Steve Grant / KY3 News / Apr 26, 2010

Gambling with the future
CO - / By Juley Harvey / Trail-Gazette / 04/26/2010

Koman, 2 others seek St. Louis casino
MO - Three companies met Tuesday's deadline to file letters with St. Louis officials expressing a desire to build a casino in the city.
Gene McNary, the commission's executive director, said the commission could set a final application deadline for the license at its May 26 meeting and award the license in the fall. / ST. LOUIS POST-DISPATCH / BY TIM BRYANT / 04/28/2010

Isle of Capri, Koman, Blue Sky explore opening St. Louis casino
MO - Any casino proposal in the city of St. Louis will be competing with others across the state for the final gaming license. Developers and casino operators are known to be preparing or considering proposals in north St. LouisCounty, Cape Girardeau and the Kansas City area. Missouri's 13th and final gambling license will become available in July when Las Vegas-based Pinnacle Entertainment closes its President / by Kelsey Volkmann / St. Louis Business Journal / April 27, 2010

Indian casinos shouldn't be getting a free ride
CA - a federal appeals court has weighed in to say that the state has no right to collect a tax when allowing larger casinos. It's a defeat for Gov. Arnold Schwarzenegger, who talked of collecting more than $500 million to bridge budget deficits, but a win for tribes who don't believe they owe the state anything.The fees are taxes, forbidden by federal law that permits tribal gaming, according to the court decisions. tribes are cashing in, both on the casino floor and now in court. The results have amounted to a lousy wager for California. / April 26, 2010

Louisiana Pushes To Seize Gambling Winnings Of Deadbeat Parents
LA - The state of Louisiana already had laws on the books regarding seizure of gambling winnings from deadbeat parents. Now, Senator Nick Gautreaux is leading a charge to advance those laws even further. "If a parent cannot afford to pay for their child, then they should not be allowed to be in a casino gambling," said Louisiana resident David Mularkey. / By Terry Goodwin / / April 27, 2010

Lenape lawsuit goes international
NJ - The legal battling has been stepped up a notch in the Sandhill Lenape Indians lawsuit against the State of New Jersey.The Sandhills claim New Jersey and the United States government are failing to recognize the tribe's right to exist and violating their basic human rights, and decided to appeal to the United Nations for help. The United Nations passed a new "United Nations Declaration on the Rights of Indigenous Peoples" resolution two years ago. Only a handful of nations failed to sign the declaration, among them the United States. Of special interest is Article 28, which states that indigenous peoples have the right to demand fair and equitable compensation for the lands that have been confiscated. If the United Nations Special Rapporteur on the Human Rights of Indigenous People, James Anaya finds the Sandhills have a case, he'll recommend taking the case to the World Court for trial. / Pike County Courier / April 29, 2010

LB police veteran commits suicide in Las Vegas
NV - Las Vegas authorities confirmed Tuesday that a 10-year-veteran of the Long Beach Police Department force committed suicide at a Las Vegas hotel and casino over the weekenddied of a self-inflicted gunshot wound to the chest / By Tracy Manzer / 04/27/2010

Layoffs at casino in Bethlehem
PA - Less than a year after a grand opening that rivaled the glitz and glamour of a Las Vegas revue, Sands Casino Resort in Bethlehem is laying off 80 employees.
Sands had originally projected that the casino would bring in $465 million a year in gross slots revenue. Based on figures from the Pennsylvania Gaming Control Board, which regulates the state's gambling industry, the casino is expected, instead, to generate about $347 million in its first year. A report released this week by the Gaming Industry Observer showed that the average length of stay for U.S. casino customers exceeded 15 hours last year - a full hour longer than just three years ago. / Inquirer / Suzette Parmley / May. 1, 2010

Latest slot machines at horse tracks pitch faces uphill climb
IL - A plan to install slot machines at horse-racing tracks across the state was unveiled today but the legislation is already coming under heavy fire."We're fighting it," said Tom Swoik, executive director of the Illinois Casino Gaming Association. He maintained the boats have seen their profits nosedive over the last couple of years due to factors that range from the state's anti-smoking laws to the rocky national economy. / by Michelle Manchir / Chicago Tribune / April 29, 2010

Las Vegas Ranks 26th Most Fun City in US: Albany More Fun
NV - New York topped the list with Chicago a close second in terms of the most fun cities in the US. Las Vegas came in way outside the top 10 at number 26. The cities were ranked for shopping, food and drink, culture, popular entertainment, gambling, and the combination of high- and low-impact sports by / / Aaron Goldstein / April 26, 2010

Lamont and Malloy Talking Casino Gambling in Bridgeport
CT - Fellow Democratic gubernatorial hopeful Dan Malloy also didn't exactly shoot down the dreams of Bridgeport Dems who can't let go of their fantasy of Las Vegas on the Sound.Because I can't believe a candidate for governor would be so ill-informed as to support a casino, I called both campaigns. A casino in Bridgeport would immediately void the agreement between the state and the two Indian tribes and their casinos. That deal brings Connecticut 25 percent of all slot revenues. / By Rick Green / Courant / April 27, 2010

Las Vegas Leads U.S. Again in Foreclosure Volume
NV - They are rolling the dice in Las Vegas these days -- on the casino craps tables but also on foreclosure charts, betting how many more homes will go under. A first-quarter analysis of the housing market released today by Irvine, CA-based RealtyTrac shows Las Vegas continues to post the nation's highest metro foreclosure rate with one in 28 housing units receiving a foreclosure filing (3.51 percent) -- 4.9 times the national average. / Posted by Alex Finkelstein / 04/29/10

More casinos interested in Cape Girardeau
MO - Casino companies are showing a growing curiosity about Cape Girardeau in advance of Saturday's deadline for cities, counties and casino operators to tell the Missouri Gaming Commission they want the state's sole available license. Six locations so far, including Cape Girardeau, have told the commission they want the license being surrendered by Pinnacle Entertainment when it closes the President Casino in St. LouisAlong with Cape Girardeau, the proposed locations for a casino so far are: * Sugar Creek, Mo., in eastern Jackson County near Kansas City. * West Alton, Mo., in St. Charles County just north of the confluence of the Missouri and Mississippi rivers. * Spanish Lake, Mo., in northern St. Louis County near the Columbia Bottoms Conservation Area just south of the confluence of the two rivers. * St. Louis, with two locations near Interstate 270. One proposed location is just north of the highway, while the other is just to the south near the Chain of Rocks Bridge. / By Rudi Keller / Southeast Missourian / April 29, 2010

Mohegan Sun Reports Large Decline In Profits
CT - The Mohegan Tribal Gaming Authority, which owns the Uncasville casino, said Thursday that net income fell 40 percent from a year earlier, to $20 million, on flat revenues of $352 million. Operating income fell 11 percent, to $52 million. At Mohegan Sun Pocono Downs, a smaller slot parlor in Pennsylvania, operating income increased 13 percent, to $4 million, on 2 percent revenue growth, to $62 million, the tribe said. / The Hartford Courant / By ERIC GERSHON / April 30, 2010

Missouri legislature OKs new uses for casino chips
MO - A bill that would let Missouri gamblers buy food and beverages with casino chips is on its way to Gov. Jay Nixon. / / April 26, 2010

Maryland Experiencing Similar Slot Gambling Problems As Kansas
MD - Voters in the state of Maryland approved slot casinos back in 2008, but the state has yet to see any of the gaming establishments opened. It is a similar situation to what Kansas has been experiencing for the past three years. In Maryland, voters approved 15,000 slot machines spread over five gambling locations. Kansas is still waiting for three of the four approved casinos to open. / By Tom Jones / / April 30, 2010

Mangano in Talks to Bring Casino to Nassau Coliseum
NY - The latest possible destination for a casino, should a Southampton-based Native American tribe achieve the prerequisite federal recognition to establish one, could be at the Nassau Veterans Memorial ColiseumThe Shinnecocks are expecting final approval this spring for federal recognition. / By Timothy Bolger / Associated Press / April 27, 2010

Not a good bet
MA - "In the old days, when I was a kid and we wagered on sports, you could wager on who won, who lost and if they covered a point spread," said Mr. Derevensky, co-director of the International Centre for Youth Gambling and Other Risky Behaviors. "Today, you can wager on almost anything. How long was the national anthem? How many times was the quarterback's girlfriend shown on TV?"
Mr. Derevensky, professor of psychology and psychiatry at McGill University. Gambling addiction on college and even high school campuses has not received the attention of other vices, said the speakers, "We have to get universities and colleges to stop sanctioning these on-campus gambling activities, including poker tournaments and casino nights," he said. / By Danielle M. Horn / TELEGRAM & GAZETTE / April 28, 2010

Our View: Voters Should Read Between the Lines on Casino Question
ME - The citizen initiated ballot measure that will ask Mainers for the fourth time in six years whether they want to expand gambling in Maine talks about a single project, a casino resort to be built in Oxford County.
So regardless of what the ballot says, next November's vote won't just be a referendum on one casino, but a question of whether Mainers want to open the gates to other still-unnamed facilities in other as-yet-unidentified locations. That is a question worth asking, but it would be better if it just said that on the ballot. / Editorial / May 2, 2010

Our View: Indian compacts bite us back
CA - Tribes won right in 2000 to Nevada-style casino gambling; state ought to get payment in return. Gov. Arnold Schwarzenegger has no problem with gambling. He presided over a major expansion of the Indian casino industry during his six years in office,He fell far short of his promise to extract a billion dollars from casinos owned by California Indian tribes.By a 2-1 margin, the three-judge panel has put a halt to the state's effort to collect payments from Rincon, The state estimates that a single slot at Harrah's Rincon would net $369 a day. / Opinion / / Apr. 26, 2010

No gambling required: Harrah's widens rewards program
NV - Total Rewards uses real-time data to track what gamblers spend and offers them enticements to stay and spend at Harrah's properties. With Total Rewards, Harrah's pioneered what has become a cornerstone of the gambling business for casinos of all sizes. Much like gambling itself, the programs play on people's desires and aspirations with multiple levels, or tiers, based on how much people spend. The more they gamble and lose, the more points and other benefits they receive.
The largest chunk of Strip revenue still comes from gambling, but that amount, which was 39 percent last year, is falling while other segments, such as rooms and drinks, grow.Customers earn more credits by gambling, although Harrah's keeps such conversion rates, which are different across the country, confidential. MGM Mirage, which owns the largest share of resorts on the Strip, is revamping its rewards program to better track gamblers and reward them based on preferences. / / By Liz Benston / April 27, 2010

New gambling law is a big deal for Florida
FL - This is what changes now that Gov. Charlie Crist on Wednesday has signed a bill reducing the slot tax, adding no-limit poker and ending a 30-year staredown with the Seminole Tribe of Florida.
Mardi Gras Casino in Hallandale Beach will increase its marketing budget immediately,Blackjack could start quickly because the Seminoles have been preparing for years, including preliminary surveillance camera installation at the Coconut Creek and Hollywood Classic casinos. Rather than take time to train dealers, employees would be pulled from the Hollywood and Tampa Hard Rock casinos. / Sun Sentinel / By Nick Sortal / April 28, 2010

Neighboring bars see unfair advantage if move approved
NY - The owners of The Beeches in Rome have submitted close to $50,000 worth of liquor license applications to the state Liquor Authority to serve alcohol at Turning Stone Resort and Casino. Now, the state agency is poised to consider 31 certifications Wednesday morning's regularly scheduled board meeting, If it grants approval, alcohol could be served everywhere from the Turning Stone's Event Center to its golf courses. The Oneidas already have the advantages of not having to pay taxes and offering top-of-the-line entertainment, food and facilities, so the liquor agreement would create another challenge for other local businesses, they say. The deal would also allow for the collection of a bed tax from resort hotel rooms and sales taxes on all food and beverages sold there, The Nation has argued it does not have to pay such taxes itself on activity at its enterprises. / The Observer-Dispatch / By JENNIFER FUSCO AND BRYON ACKERMAN / Apr 27, 2010

Naples-Fort Myers Greyhound Track plans for busy Kentucky Derby Day
FL - Kentucky Derby Day is the busiest day of the year for the Naples-Fort Myers Greyhound Track in Bonita Springs. "The template for racing has to change," he said. "A lot of people aren't going to the track to watch the races anymore. They're staying at home and watching the races on TV. / By MARK S. KRZOS / April 28, 2010

Rogers: Massachusetts might become addicted to casinos
MA - Recently, the House of Representatives agreed to expanding gaming in the state as a way of making up for that shortfall.But it's also worth noting that as many as 185,000 people, or 2 to 3 percent of the population, can be classified as compulsive gamblers, according to the Massachusetts Council on Compulsive Gambling. / GateHouse News Service / By David Rogers / Apr 27, 2010

Proposal To Make Internet Cafes Illegal
FL - JACKSONVILLE, Fla.A legislation will be introduced Tuesday to the city council to make Internet cafes illegal. The ordinance said the computerized slot machines inside these cafes are a form of gambling. People who play them can win hundreds, even thousands of dollars. / / April 26, 2010

Professional Wrestling Legend Ric Flair Expands Gambling Biz
SC - Professional wrestling living legend, 'The Nature Boy' Ric Flair, has expanded on his gambling and gaming deals.As Media Man and Gambling911 have long suspected, there is a cross over audience in wrestling fan and punters, be it lottery, poker, casino, online and offline. Flair didn't miss long time nemesis Hulk Hogan doing business with a Native American tribe via The Hulk-a-Mania Experience slot machine, but Flair's opted for "softer" gambling (thus far) via being a face of lottery tickets in the Carolina's.The Flair tickets were among the state's best-selling lottery items. Other pro wrestlers who have an interest to get involved in gaming of the gambling variety include Jimmy "Superfly" Snuka and "Rowdy" Roddy Piper. Snuka and Piper also already in a number of traditional video games. Kevin "Big Sexy" Nash from TNA and NWO fame has some gambling links on his official website. / / April 30, 2010

Pinnacle Entertainment Q1 profit jumps
MO - The company's recent quarter includes a $23.4 million final insurance payment to settle claims remaining from Hurricane Katrina's destruction in 2005 of Pinnacle's former Casino Magic in Biloxi, Miss., and a deferred gain of $18.3 million from related prior insurance advances. Pinnacle Entertainment Inc. reported that its first-quarter profit jumped to $36.7 million compared to $931,000 in last year's quarter, helped in part by an insurance settlement and strong performances at its St. Louis properties. Pinnacle owns the Lumiere Place, President and River City casinos in St. Louis. / St. Louis Business Journal / April 27, 2010

Philly casino group may face license revocation
PA - A state gambling enforcement lawyer filed a petition Thursday to revoke Foxwoods Philadelphia's casino license after regulators denied its bid for more time to secure financial backers. The project has faced financial troubles / Associated Press / 04.29.10

Sunday Buzz: Firm looks to become big player in minicasinos
WA - A Houston company is bidding to buy seven Puget Sound minicasinos in bankruptcy court, which would make it the state's biggest player in the cardroom business. The buyer is called Nevada Gold & Casinos, although it is neither in Nevada nor in gold. Its Houston-based executives are a seemingly accomplished bunch who previously ran the gaming operations of companies such as Carnival Cruise Lines. But they've been posting losses at Nevada Gold. Despite the shrinking gambling revenue at Washington minicasinos, Evergreen Gaming was brought down by something else. It borrowed heavily to expand with a hugeSilver Dollar casino in Alberta, and wound up with $30 million in debt it couldn't repay. / By Rami Grunbaum / Seattle Times / May 1, 2010

Stein Stands Alone Against Gambling
MA - as the Massachusetts House took up--and quickly passed--Speaker Robert DeLeo's bill to build two casinos and add slots machines at four racetracks, Jill Stein, the Green-Rainbow party's gubernatorial candidate, headed to the Statehouse with other opponents to deliver a petition calling for a casino and slots boycott."The predatory gambling industry is harmful to local businesses, undermines sound job growth, and fosters addiction, bankruptcy, crime, divorce and other social problems," the petition reads. According to the Associated Press, in 2009, DeLeo received $8,000 in donations from lobbyists for firms that count casino interests among their clients. Murray received $7,800; Patrick, $4,900; Lt. Gov. Tim Murray, $8,100. / Valley Advocate / By Maureen Turner / April 29, 2010

State might revoke unbuilt Philly casino's license
PA - gamblers should be rolling dice and playing card games like blackjack and poker at racetrack/casinos in Washington and Erie counties,a top lawyer for the state Gaming Control Board, said he is filing a "complaint to revoke the slots license" for Foxwoods, a casinois several years behind schedule due to financing problems and strong citizen opposition. / Pittsburgh Post-Gazette / By Tom Barnes / April 29, 2010

Smoking Ban In Louisiana Bars, Casinos Approved By Senate Committee
LA - Like many states around the nation, Louisiana is attempting to enact a smoking ban that would outlaw smoking in bars, taverns, video poker locations, and even casinos. casino operators are vigorously opposing the ban. Casinos typically lose revenue and customers when smoking bans are enacted, / by Glen Farmer / April 29th, 2010

Sands to restart work on Bethlehem hotel in May
PA - Sands casino executives have agreed to resume building their 300-room hotel in south Bethlehem, largely because the global financial crisis has caused construction costs to plummet and because Sands has decided to strip some of the extravagant Las Vegas-style luxury from the hotel. / The Morning Call / By Matthew Assad / April 26, 2010

Voters could expand gambling to pay for higher education
CO - Colorado voters could decide if gambling should be allow in bars and restaurants to defer tuition costs at state universities. Two-thirds of state lawmakers would have to support the plan for it to be on this fall's ballot. / / by Dan Boniface / April 26, 2010

UConn slow to respond to growing gambling culture
CT - An 18-year-old UConn student drives to Mohegan Sun,He carries a Sun "Club Card" and fake ID, which he knows will get him onto the gaming floor. A 19-year-old UConn sophomore frequently enters online poker tournaments and wins big. He has made almost $175,000 gambling online in recent years, but has also had a single "downswing" of about $40,000.These students, all of whom are male, offer a glimpse into what Barry Schreier, UConn's director of Counseling and Mental Health Services called "widespread" gambling at UConn that includes online poker and sports betting, and is magnified by the school's proximity to Connecticut's two casinos.Along with increased gambling, university counselors are seeing more cases of gambling addiction in people being treated for other problems, said Schreier.5 percent are considered "problem gamblers," numerous studies have found.A 2008 survey of 2,000 students at seven Florida colleges found nearly one in five could be categorized as "problem gamblers" or exhibiting problems stemming from gambling. The most recent study on college gambling in Connecticut in 2004 surveyed all four Connecticut State University campuses, and found 11.4 percent of students were either pathological or problem gamblers. Casino gambling is the most frequent form of gambling addiction seen by the UConn counseling center,Foxwoods and Mohegan Sun are about 30 miles from the campus, and both can be reached in less than an hour.a 21-year-old political science major, said he was able to procure a Club Card at Mohegan Sun at age 18 using a fake Wisconsin driver's license. It served as a free pass while he gambled underage for three years, never again asked for identification other than his Club Card.The second form of gambling addiction most frequently seen at the UConn counseling center is online gambling, mainly from poker sites,Online gambling is harder to detect because it is done in the privacy of a home or dorm room, "No universities are doing a very good job," said Larry Ashley, director of the Problem Gambling Treatment Program at the University of Nevada, / / By Jeremy Katz / April 28, 2010

Time to oppose gambling expansion
MA - News that the Massachusetts Senate plans to slow down the push for expanded gambling is welcome, The rush to pass legislation in the House,seemed to be engineered precisely to avoid vocal opposition and increased awareness of the harmful consequences of expanded gambling.Claimsignore the fact that expanded gaming brings with it expanded social problems.disproportionate impact on the poor, casinos can also harm local small businesses, as money is diverted to gambling. / Pilot Editorial / 4/30/2010

The Real Sport at the Kentucky Derby: Gambling
KY - Robert F. Kennedy wrote an essay bemoaning the state of gambling in the country as a whole, andsingled out horse-racing as part of the problem. He chastised gamblers for contributing to a range of societal ills in a 1962 article called "The Baleful Influence of Gambling. Despite Kennedy's protests, gambling remains a central part of the Kentucky Derby, though it is on the decline. / The / April 30, 2010

The Derby: Kentucky Fights to Keep Horse Supremacy
KY - Kentucky's status as the breeding capital of the world – the multi-billion-dollar business that keeps those beautiful fences painted as they snake through pristine horse country – is under siege. Most of the state's racetracks are struggling, some to the point of possible closure, and, at every track, racing dates and purses – or both – have been cut. States like Pennsylvania and Louisiana, powered in large part by revenues from trackside casinos, are threatening to erode Kentucky's breeding dominanceMany in Kentucky, including Beshear and Jones (both Democrats), believe Kentucky needs to expand gambling at racetracks to save the industry,But, in the past 10 years, the number of foals registered in Louisiana and Pennsylvania jumped 107% and 51%, respectively while Kentucky's share stayed comparatively flat. / By Michael A. Lindenberger / April 28, 2010

Wynn Says Casino Base Could Move From Vegas to Macau
NV - Steve Wynn, one of the people who shaped modern Las Vegas, said Thursday that he would move his company's headquarters in as soon as four years to the Chinese gambling enclave of Macau, the Las Vegas Review-Journal, noted that Mr. Wynn had benefited numerous local tax breaks over the years, and offered to help him pack his bags. "Las Vegas, which has given Wynn everything he has ever asked, is struggling," Mr. Smith wrote. The discussion of a possible move from his traditional base in Las Vegas follows a string of criticisms the casino executive has leveled at the Obama administration for what he regards are misguided economic policies which retard growth. / Associated Press / By ALEXANDRA BERZON / April 30, 2010

Where does Florida Lottery education money go?
FL - "How come schools are always crying poverty -- don't the lottery profits go to them?" and "Is the lottery really helping schools?" Not all the trust fund money goes to public schools. less than a quarter of the money ($337 million) went to classroom K-12 spending. lottery and slots revenues accounted for just 3.1 percent of the state's public school funding. / The Sun Sentinel / by Michael Mayo / April 28, 2010

Without Foxwoods, Philadelphia may have to revise budget
PA - Foxwoods casino officials could be in hot water this week when they appear before the state Gaming Control Board.Steve Wynn, pulled out earlier this month, leaving the operators' finances in disarray. the city is counting on $43 million in tax revenue from Foxwoods / By Shai Ben-Yaacov / April 26th, 2010

Will Online Gambling Become Legal in the U.S.?
Politicians in the U.S. are making noise about legalizing and taxing online gambling in order to take some pressure off of depleted government coffers, but the idea is facing strong opposition from Republicans, conservative groups and pro sports leagues. Republicans have begun circulating a memo tying jailed former lobbyist Jack Abramoff to online gambling, while conservative group Focus on the Family expressed concerns that legalization would lead to rampant abuse. "We already have between 15 and 20 million people in the U.S. with a pathological gambling problem."(Chad Hills) / Escapist Magazine / By Andy Chalk / 26 April, 2010