Latest Gambling industry News

Lawsuit challenges Florida's gambling agreement with tribe

Sep. 28, 2021 13:54 PM EDT

TALLAHASSEE, Fla. (AP) — A group of South Florida businessmen sued the federal government Monday in hopes of overturning a gambling agreement Republican Gov. Ron DeSantis signed with the Seminole Tribe. The suit filed against the Department of the Interior in federal...

Blackstone selling Vegas hotel Cosmopolitan in $5.65B deal

Sep. 27, 2021 16:11 PM EDT

LAS VEGAS (AP) — The owner of the Cosmopolitan of Las Vegas, the New York private equity firm Blackstone, is selling the 3,000-room Las Vegas Strip hotel in a $5.65 billion deal with a partnership that plans to contract with casino giant MGM Resorts International to operate the property. ...

Connecticut site allows people to self-exclude from gambling

Sep. 25, 2021 20:44 PM EDT

HARTFORD, Conn. (AP) — The state of Connecticut has launched a new online portal that will allow people to voluntarily exclude themselves from being able to gamble. The website, which is already active, comes as legalized sports betting is scheduled to be up and running...

Casino union marches for return to jobs on Las Vegas Strip

Sep. 24, 2021 23:03 PM EDT

LAS VEGAS (AP) — Thousands of hotel, casino and restaurant workers marched Friday on the Las Vegas Strip to highlight their call for employers to rehire more people who were furloughed last year because of the coronavirus pandemic. Despite the reopening of casinos and...

4 companies seek to revive stalled Terre Haute casino plans

Sep. 23, 2021 17:05 PM EDT

TERRE HAUTE, Ind. (AP) — Two companies that already operate casinos in Indiana are among four seeking to take over the stalled effort to open a new casino in Terre Haute. Those applications were submitted by Wednesday’s deadline to the Indiana Gaming Commission for...

Caesars, De Niro-backed Nobu unveil project in Atlantic City

Sep. 21, 2021 12:50 PM EDT

ATLANTIC CITY, N.J. (AP) — A hospitality company involving actor Robert De Niro will open a restaurant in Caesars casino in Atlantic City and renovate hotel rooms there. Caesars Entertainment said Tuesday it is joining with Nobu Hospitality for a project to be called...

Atlantic City casinos bounce back, up 31% from a year ago

Sep. 16, 2021 15:43 PM EDT

ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos and racetrack sports betting outlets are bouncing back convincingly from financial woes brought on by the coronavirus pandemic, taking in 31% more in August than they did a year earlier, after COVID-19-related closures ended. ...

Online bets on NFL games seen surging as season begins

Sep. 13, 2021 17:14 PM EDT

ATLANTIC CITY, N.J. (AP) — A company that most of the legal U.S. sports betting industry uses to verify that its customers are where they say they are reported on Monday a record number of transactions over the first weekend of the NFL season. That helps confirm an...

Rules still being written to add casino gambling in Nebraska

Sep. 12, 2021 11:02 AM EDT

LINCOLN, Neb. (AP) — Nebraska voters approved casino gambling at the state's horse racing tracks last year, but it will still be at least several more months before any casinos get approved in the state because regulators are still writing the rules for them. “It's a...

Sports wagering in Maryland in development stage before bets

Sep. 11, 2021 15:57 PM EDT

BALTIMORE (AP) — Sports wagering in Maryland is now authorized thanks to a 2020 ballot initiative and a 2021 law, but it may be until 2022 that gamblers get to make their bets on games. Two state agencies are now carrying out the details that will lead to issuing...