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Philippine Casinos Seek Exemption From Upcoming Smoking and Booze Ban

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Pennsylvania Casino Industry Posts Record Revenues

Pennsylvania Casino Industry Posts Record Revenues

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

Pennsylvania’s gambling enterprises reported top results in their nine-year history for the 12 months ending June 30, 2016. In line with the Pennsylvania Gaming Control Board, revenue from slots and dining table games topped $3.2 billion for the period, toppling the record that is previous $86 million. Table games revenue alone was $839 million, up almost 8 per cent on last year.

Sheldon Adelson’s Sands Bethlehem could be the casino that is biggest in the state and, not surprisingly, 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 figure that is impressive incidentally, despite the revelation that one of the casino’s dining table game supervisors was charged today with removing high-domination chips through the casino secreted in her bra.

Local girl Brandy Micheli-Cheatham, 44, was spotted by eagle-eyed security staff stuffing six purple chips, each well worth $500, into her underclothing. She admitted to your crime after being apprehended by casino staff who had initially figured she had been just pleased to see them.

Despite all the exciting interruptions down at the Sands, Adelson’s joint was not the top of lis 阅读更多

Foxwoods Casino Arriving At Biloxi, Mississippi, Announces Mashantucket Pequot Operator

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Billion-Dollar Sports Betting Ring Infiltrated by US Authorities

Billion-Dollar Sports Betting Ring Infiltrated by US Authorities

NBA Commissioner Adam Silver is one prominent voice that wants to end gambling prohibition on professional sports, but until the legislation changes prosecutors will continue going after underground recreations betting rings.

Sports gambling is illegal in the us with Nevada being the lone exception, but that don’t stop four men from running a billion-dollar sports gambling procedure in California and brand New York.

Brooklyn District Attorney Ken Thompson announced on June 30th that four people have been charged in an indictment that is 57-count managing a sports gambling ring on the Internet. Thompson says the group’s wire space ended up being based in San Jose, Costa Rica.

According to Thompson, the four guys collected $927 million in illegal wagers during last 12 months’s NFL season alone.

‘Illegal gambling is not a crime that is victimless it preys on peoples’ vulnerabilities and directly leads to money laundering, loansharking and a host of other crimes,’ Thompson said. ‘ This gambling that is huge, possibly the biggest one ever become dismantled by a local prosecutor’s office, allegedly relocated millions of dollars around the usa together with world.’

Operation Exposed

Prosecutors allege that the combined group operated a number of password-protected web sites that offered lines and wagering possibilities. Gamblers also utilized a toll-free hotline that is betting.

The defendants did little to conceal wh 阅读更多

Delaware Brick-and-Mortar Casino Sector Advisory Board Holds State’s Fate, While Keeping Cards Close

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Odds of Japan Passing a Casino Bill Lengthen, as Shinzo Abe’s Approval Rating Plummets

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

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

Kazuo Okada, the billionaire that is japanese previous 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 their investment in Manila to $4 billion, as he seeks to transform the Philippine capital’s ‘Entertainment City’ into the 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 fresh fruit of this investment, a 993-room hotel and casino resort scheduled to open in November, features a new name. The task formerly known 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 associated with value of plastering your name throughout the front of a casino.

Wynn Feud

Okada ended up being a Wynn Resorts executive and a major shareholder in the business, until he was ousted in 2012. The 73-year-old Japanese businessman, who made his fortune manufacturing Pachinko machines, had initially expected his old buddy Wynn in the future up to speed with the Manila task when he received a video gaming permit there in 2008.

Okada had bailed Wynn out to the tune of $455 million to greatly help finance the completion of Wynn Las Vegas and Wynn Macau, for which he received a 阅读更多

Donald Trump Campaign Hires Las Vegas Sands Relative Michael Abboud as Communications Coordinator

Donald Trump Campaign Hires Las Vegas Sands Relative Michael Abboud as Communications Coordinator

Donald Trump is expanding their campaign staff, and one key hire is Michael Abboud, nephew of Las Vegas Sands executive Andy Abboud. (Image: Drew Angerer/Getty Pictures)

Donald Trump is planning his campaign for the final phase in winning the White House in November over Hillary Clinton. This week the Republican nominee announced the hiring of three key jobs, and the absolute most notable revelation to the gambling community is the employing of Michael Abboud.

Abboud is the nephew of Andy Abboud, the Las Vegas Sands vice that is senior of government relations and community development. Las vegas Sands is owned by billionaire Sheldon Adelson who’s pledged $100 million to Trump’s efforts.

In line with the Trump campaign, Abboud will ‘execute the campaign’s fast response and daily texting.’ The 26-year-old will additionally offer Trump with briefings and news that is breaking.

‘As we continue to work to defeat Hillary Clinton this November, I am constantly building an exceptional governmental team,’ Trump said in a declaration. ‘We are taking our communications to your people so that people can again make American Great.’

Scratch My Back, Scratch Yours

Adelson is one of the staunchest supporters of the GOP. While the billionaire has historically spread his donations across Republican applicants, in 2016 he’s going all-in with Trump.

In addition to being one of the Republican Party’ 阅读更多

Is Bitcoin Still A good bet? btc Community Split over Emergence of New ‘Bitcoin Cash’

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UFC Sold for the Eye-Gouging $4 Billion. The Fertittas have actually sold

UFC Sold for the Eye-Gouging $4 Billion. The Fertittas have actually sold UFC for $4 billion in one of the greatest deals within the history of sport.

The Ultimate Fighting Championship, which Station Casinos’ Fertitta brothers took from the fringe company once described by John McCain as ‘human cockfighting,’ up to a sports that are global, has been offered by the brothers for $4 billion.

The championships owner that is new US skill agency WME-IMG, which has been backed in the deal by private equity teams Silver Lake and KKR, since well as the household investment workplace of Michael Dell, founder of Dell computers.

The Fertittas, who will retain passive minority stakes in the organization, paid just $2 million for the brand and its assets in 2001, at a low point for the championships.

Learning to be a Heavyweight

UFC was dogged by accusations of brutality and vilified by politicians at the time, perhaps not least of that was senior U.S. Senator John McCain from Arizona, who helped persuade 36 states to ban ‘no-holds-barred fighting’ and spend per view carriers to take it off from their schedules.

It ended up being banned in New York just before UFC 12 was due to kick off, forcing organizers to find a new venue, in Alabama. New York only lifted that ban early in the day this 12 months.

But under the Fertittas’ stewardship, UFC gained a new level of respectability as promoters worked with state athletics commissions to impose new rules that curbed a few of its previou 阅读更多