Latest Gambling industry News
Fed's Main Street pandemic support program off to slow start
WASHINGTON (AP) — The Federal Reserve says that its Main Street Lending Program designed to help small and medium-sized companies get through the pandemic has managed to make just eight loans in its first month of operations. In its first report on the program, the Fed said Thursday it had provided $76.9...
Police officer, 3 others shot dead at Thai gambling den
BANGKOK (AP) — Four people including a police major were killed in a shootout at an illegal gambling den in Thailand's capital, an official said Tuesday. Police who responded to a call about gunshots being fired at the venue in the southern part of Bangkok found the bodies of two women and two men,...
The Latest: SKorea holds leader of church with virus cluster
SEOUL, South Korea — South Korean prosecutors have arrested the elderly leader of a secretive religious sect as part of an investigation into allegations the church hampered the government’s anti-corfonavirus response after thousands of worshipers were infected in February and March. Prosecutors are...
Britain delays easing of lockdown as virus spread speeds up
LONDON (AP) — British Prime Minister Boris Johnson put some of the country's next steps out of lockdown on hold Friday with just a few hours' notice, saying the number of new coronavirus cases was on the rise for the first time since May. The government’s top medical adviser warned that it was...
Federal judge: Oklahoma tribal gaming accords renewed Jan. 1
OKLAHOMA CITY (AP) — A federal judge ruled Tuesday that Oklahoma’s tribal gaming compacts automatically renewed on Jan. 1, handing a victory to the tribes who sued Gov. Kevin Stitt to renew them. U.S. District Court Judge Timothy DeGiusti rejected Stitt’s argument that the compacts —...
The Latest: New virus cases rise in China's Xinjiang region
BEIJING — New coronavirus cases continue to rise in China’s northwestern region of Xinjiang, with 57 reported on Tuesday. The capital Beijing also reported its first case of domestic transmission in more than two weeks, while the northeastern province of Liaoning added another six cases in its local...
US Supreme Court denies Nevada church's appeal of virus rule
RENO, Nev. (AP) — A sharply divided U.S. Supreme Court denied a rural Nevada church’s request late Friday to strike down as unconstitutional a 50-person cap on worship services as part of the state’s ongoing response to the coronavirus. In a 5-4 decision, the high court refused to grant the...
Eldorado finishes $17.3B buyout of Caesars Entertainment
LAS VEGAS (AP) — A Nevada company that started in 1973 with a single hotel-casino in Reno announced Monday it has completed a $17.3 billion buyout of Caesars Entertainment Corp. and will take the iconic company’s name going forward as the largest casino owner in the world. Eldorado Resorts Inc....
Nevada casino company gets approval to become gambling giant
A $17.3 billion buyout creating the world’s biggest casino company won final approval Friday, with New Jersey gambling regulators agreeing to let Nevada-based Eldorado Resorts Inc. acquire Caesars Entertainment Corp. It comes after an antitrust analyst had assured the New Jersey Casino Control Commission...
New Jersey regulators mulling Eldorado buyout of Caesars
New Jersey gambling regulators rejected bids Thursday from two casino company competitors to weigh in before deciding whether to give the last approval needed for a $17.3 billion corporate buyout that would create the world’s biggest casino owner and directly affect four of the nine casinos in Atlantic...
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