Latest Gambling industry News

Attorney paying ex-casino mogul Steve Wynn defamation claim

May. 24, 2022 19:59 PM EDT

LAS VEGAS (AP) — Former Las Vegas casino mogul Steve Wynn has accepted an undisclosed financial settlement to end his federal defamation lawsuit against a well-known attorney who represented a dancer who she said accused Wynn of sexual harassment and retaliation. Los Angeles...

Atlantic City's casinos earnings rise, but some still lag

May. 23, 2022 15:27 PM EDT

ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos collectively saw their profitability increase in the first quarter of this year compared not only with a year earlier, but also to the pre-pandemic period, according to figures released Monday. But only four of the nine casinos...

Union warns of 'labor disputes' if casino contracts expire

May. 20, 2022 09:26 AM EDT

ATLANTIC CITY, N.J. (AP) — For people and groups planning to stay in Atlantic City, the resort's main union for casino workers is warning that “labor disputes” could occur if the casinos don’t agree to new contracts by a May 31 deadline. The move comes at the start of what...

Minnesota sports betting bill advances as budget items stall

May. 19, 2022 18:47 PM EDT

ST. PAUL, Minn. (AP) — A proposal to legalize sports betting survived a test Thursday amid lawmakers' efforts to pull together the pieces of a package to spend Minnesota's enormous budget surplus with just days remaining in the legislative session. The bill, authored by Republican...

US sues casino mogul Steve Wynn over relationship with China

May. 17, 2022 20:45 PM EDT

WASHINGTON (AP) — The Justice Department sued longtime Las Vegas casino mogul Steve Wynn on Tuesday to compel him to register as a foreign agent because of lobbying work it says he performed at the behest of the Chinese government during the Trump administration. The department...

New Jersey casinos pass pre-pandemic revenue levels in April

May. 16, 2022 16:07 PM EDT

ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $422 million from gamblers in April, up 20% from a year earlier, figures released Monday show. And the casinos’ core business,...

North Dakota regulators seek to curb pull tab machines

May. 16, 2022 11:13 AM EDT

BISMARCK, N.D. (AP) — Hoping to head off an explosion of electronic pull tab machines at gas stations and liquor, grocery and convenience stores, North Dakota regulators want to change the definition of a bar to make clear where the wildly popular Las Vegas-style games that mimic slot machines...

Opening nears for Reno-Sparks' first new casino in 26 years

May. 15, 2022 12:42 PM EDT

SPARKS, Nev. (AP) — The operator of the world’s largest sportsbook in Las Vegas is expanding into northern Nevada this year as part of a collaboration with what will be the first new casino built in Reno-Sparks in more than a quarter century. Circa Sports secured a deal with...

Planned Ho-Chunk Nation casino in Beloit gets final approval

May. 13, 2022 19:09 PM EDT

BELOIT, Wis. (AP) — The Bureau of Indian Affairs on Friday approved the Ho-Chunk Nation's application for a casino in Beloit, more than two decades after the city residents voted in favor of the complex. The plan places 33 acres of land into trust for the project, which is expected...

Americans bet $125B on sports in 4 years since legalization

May. 13, 2022 13:28 PM EDT

ATLANTIC CITY, N.J. (AP) — Americans have bet more than $125 billion on sports with legal gambling outlets in the four years since a U.S. Supreme Court ruling cleared the way for all 50 states to offer it. On Saturday's anniversary of the decision in a case brought by New Jersey,...