Gambling News - Page 23

50-1 Long Shot Kentucky Derby Victory Shakes Sportsbooks3-year-old gelding and jockey Calvin Borel shocked Kentucky Derby patrons and Las Vegas sportsbooks as they took the victory with 50-1 odds against them.

April Produces Stock Increases for Gaming IndustryFor the first time since August, gaming stocks collectively took a positive turn. The 10 casino operators and slot machine manufacturers charted by Las Vegas-based financial consultant Applied Analysis all showed double-digit increases in their average daily stock prices over their March totals.

Philadelphia Poll Shows Favor Toward SlotsIn a new poll of Philadelphians, slightly more than half favored bringing slots gambling to the city, and most liked the idea of a casino on the waterfront but not downtown.

Florida House Responds to Gambling Initiative with Counteroffer counteroffer on casino gambling from the House on Friday has nothing about blackjack and slots for Palm Beach County but a second dog track could be in the cards.

Casino Construction in Atlantic City Effected by Credit CrunchCredit markets are key to funding new casino projects in Atlantic City. With the nation in a credit crunch Atlantic City casino developers are unsure when projects will be complete, if ever.

CityCenter Finally Reaches Funding Agreement with InvestorsMGM Mirage and Dubai World ended a 5-week-old public feud Wednesday by agreeing to a comprehensive plan to fully fund and complete the $8.5 billion CityCenter development.

Florida Lawmakers Likely to Reject Gambling DealThough they're raising fees and taxes to fill a budget hole, state lawmakers appear likely to reject at least $355 million from gambling interests because they're struggling to find common ground.

Caesars Windsor Unveils 50 New Slot MachinesCaesars Windsor displayed 50 new slot machines Wednesday -- including some making a world debut -- by letting customers take them for a spin.

Minnesota Blocks All Online Gambling WebsitesThe Minnesota Department of Public Safety (DPS) Alcohol and Gambling Enforcement Division (AGED) today announced that it has served written notice to 11 national and regional telephone and Internet service providers (ISPs) instructing them to prohibit access of all Minnesota-based computers to nearly 200 online gambling websites. Online gambling is illegal in all U.S. states.

ClubWPT Begins World Series of Poker Satellite PromotionsStarting May 1, members of the World Poker Tour's subscription poker website, www.ClubWPT.com, will have the chance to win entry into the 2009 World Series of Poker (WSOP) main event. In addition to the $10,000 buy-in, winners will also receive $1,000 in travel allowance.

After Long Battle, Bonomo Wins World Series of Poker Circuit EventAfter several circuit losses, Justin Bonomo earned his first career gold ring and $227,692 in prize money.

Get a Seat at 2009 WSOP Main Event for Cheap with BodogThe rush is on for online poker players looking to qualify for the 2009 WSOP* Main Event—poker's richest and most prestigious tournament. Making qualifying cheaper and easier than ever before is Bodog.com Poker!

Steve Wynn Looking to Buy Back BellagioNine years after selling Mirage Resorts to MGM Grand Corp., Steve Wynn may be looking to buy back some of the Strip properties he originally designed and built. Wynn, now chairman of the company that owns Wynn Las Vegas and Encore, told Bloomberg News on Tuesday he would be interested in acquiring casinos owned by debt-strapped MGM Mirage if the Strip casino giant is forced to sell some of its assets to pay down debt.

Swine Flu May Effect Las Vegas TourismMexico appears to be ground zero for the swine flu outbreak, but the biggest fallout for Las Vegas could come from a response that shuts down travel.

Will Ohio Casino Initiative Effect Michigan?Forget the football rivalry. The Buckeye State is suiting up to challenge Michigan in an even bigger game: casino gambling.

Tropicana in Atlantic City May Go On the Auction BlockThe Tropicana Casino & Resort is expected to go on the auction block today. The New Jersey Casino Control Commission will vote on a deal between Tropicana trustee Gary Stein and the casino's senior lenders at a hearing here this morning.

Slotland and WinADay Marketing Manager Makes Final Table at ASOPSlotland.com / WinADay.com Marketing Manager Ondrej Tuma is understandably excited to have qualified for the final table at the Affiliates Series of Poker (ASOP) to be held during the Amsterdam Affiliate Conference (AAC).

Mike Sexton Renews Ambassador Association with Party PokerParty Poker is delighted to announce that it has renewed its association with poker legend Mike Sexton. Mike will act as a host, consultant, ambassador and player for the leading online poker room.

NBCSports.com to Re-open Free Online Poker RoomNBCSports.com will re-launch its new online Poker Room with Zen Gaming, Inc.'s software platform on Sunday, May 3. The NBCSports.com Poker Room is completely free-to-play and offers players the chance to win cash, prizes, NBCsports.com gear and a grand prize package that includes a seat and $20,000 buy-in to the 2010 National HeadsUp Poker Championships.

International Poker Network Gains 3 Millionth PlayerBoss Media's International Poker Network (IPN), Europe's largest independent online poker network, has just welcomed its 3 millionth player. With a 14% increase in active daily players, a 22% increase in maximum concurrent players, and an incredible increase of 28% in daily registrations the IPN was the fastest growing independent European network during 2008. That growth shows no signs of slowing.

French Regulators Offer New Gaming Market OpportunitiesEarn United Affiliate Program Director, Ryan King recently spoke at the Casino Affiliate Conference (CAC) held in Amsterdam on 31 March 2009, discussing the new proposal to regulate online gambling in France and its benefits for European gaming operators.

Pinnacle May Close Boomtown in Reno, NevadaPinnacle Entertainment might close its Reno-area casino unless the property starts turning a profit. During the company's first-quarter earnings conference call Friday, Pinnacle Chairman and Chief Executive Officer Dan Lee, in response to a question about a quarterly loss at Boomtown Reno, said he would rather close the property than lose money on an annual basis.

Party Poker Announces Huge Rake RaceMay is going to be a big month at partypoker.com, with two highlights at the end of this week! The Million Dollar Race is PartyPoker.com's biggest ever rake race and gets underway on Friday 1 May and the fourth running of the Monthly Million is on Sunday 3 May.

Casino Empires are not Built on CreditPhil Ruffin, owner of Treasure Island and 11 other casinos and hotels, explains how casino empires are built on assets - not credit.

Full Tilt Redesigned Website LaunchesFull Tilt Poker, one of the world's largest online poker sites, launches its redesigned website today.