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***ONLINE GAMBLING AND CASINO NEWS*** |
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Online Casinos and casino gambling news and reviews! Up to the second news
in the casino and gambling industry and internet gaming world.
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| GambLux EDITOR NEWS |
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CryptoLogic Signs a Deal with Paddy Power
[Sunday, June 21, 2009]
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CryptoLogic Limited, one of the leading online casino software providers in the world, signed a deal to provide at least nine of their online slot games to the biggest gaming provider in Ireland, Paddy Power.
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King of Pop to Open Thriller Themed Casino
[Sunday, June 14, 2009]
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Michael Jackson seems to be looking for new sources of income to pay off his debt which is estimated to be around 160 million USD. The idea comes on the back of his 50-date concert at UK's O2 Arena. The King of Pop isreported to be in negotiations to open a casino in Las Vegas next year. It will have a theme from his most famous song - Thriller.
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Hope for Kansas Casino Gambling in the works
[Sunday, May 17, 2009]
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Democratic lawmakers now think there was a lot of bad judgement imposed on gambling, particularly in building state-owned casinos. In Kansas, this is one of the very infamous issues they always have to deal with.
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Atlantic City casinos handing out fewer freebies
[Sunday, April 26, 2009]
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Because of the continuing decline of the economy, Atlantic casinos are now handing out gamblers fewer freebies. State Casino Control Commission figures show that in March the 11 casinos in Atlantic City cut back on the freebies by 12.4 percent.
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PokerTek And Casino Gambling In US Coming Together Quickly
[Monday, March 30, 2009]
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PokerTek, the developer of the PokerPro electronic poker tables, have placed the tables in casinos around the US on a trial basis with staggering results. One of the first big casino companies to use the table is Trump Entertainment. They put the PokerPro tables in one of their Atlantic City casinos.
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Casino revenues in Colorado shows signs of hope
[Sunday, March 22, 2009]
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Even if they posted a revenue drop of just 1 percent for the month of February, Colorado's casino industry is showing signs of recovery from a record of losses last year. Compared to the revenue reports last year which had an extra day because it's a leap year, the small revenue drop was already enough to show signs of recuperation.
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Lawmakers Want to Ban Smoking on Casino Floors
[Sunday, March 01, 2009]
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Atlantic City casino owners wanted smoking on their casino floors. They were allowed to do so. Casinos can have smoking in 25 percent of the casino floors; however, some believe that the casino owners are taking advantage of this law.
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Casinos on the Look-out for iPhone Card counting app
[Sunday, February 22, 2009]
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The Nevada Gaming Control Board is currently investigating an Apple iPhone application called iBlackjack. The control board posted a warning on their website after learning about this card-counting software for the iPhone. According to the memo, this card-counting application can be installed on Apple's iPhone and iPod touch. and it can make counting cards easy once this software is installed on the phone by getting it from the iTunes homepage.
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Another Debt Restructuring Extension for Trump Casino
[Monday, February 16, 2009]
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Trump Entertainment is doing everything to save their three Atlantic City casinos. Using stall tactics is one thing they have learned from Donald Trump himself.
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Penn National Gaming Cancels Casino Project in Atlantic City
[Monday, February 09, 2009]
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On Thursday, Penn National Gaming pulled out its plans to build a new casino in Atlantic City. The Pennsylvania gaming firm announced that with the status of the US economy, it was not the right time to build a luxurious casino which would have been built in an area far away from the 11 existing casinos handled by Penn National.
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Tohono O'odham Nation plans a "Las Vegas-style" resort, casino in Glendale
[Sunday, February 01, 2009]
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A Las Vegas-style resort hotel, convention center and casino at the 91st and Northern Avenues was announced by the Tohono O'odham Nation. The 134-acre property was purchased by the tribe more than five years ago and is within Glendale's city boundaries. The resort will be close to the Jobing.com Arena, the University of Phoenix Stadium, and the new spring training facility for the Chicago White Sox and Los Angeles Dodgers.
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Trump Entertainment Gets 2 Weeks Extension
[Sunday, January 25, 2009]
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Yesterday, Trump Entertainment Resorts was able to get an extension for 2 weeks to continue its discussions with bondholders and lenders as the casino company struggles to desist from bankruptcy. Mark Juliano, CEO of Trump Entertainment Resorts said that they are glad that the company is continuing its discussions with investors. The company still has 2 more weeks to make more progress.
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Pittsburgh Casino Construction On Schedule
[Sunday, January 18, 2009]
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It has been a few years since the Super Bowl Championship was won by the Pittsburgh Steelers. Ironically it has been an equally long wait for the city of Pittsburgh to have a casino project completed.
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The Menominee vows to keep trying for casino project approval
[Sunday, January 11, 2009]
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The proposed casino project of the Menominee Nation's Kenosha, Wisconsin has been formally rejected by the U.S. government. However, ccording to officials, the tribe vows to keep trying.
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Foreign Companies Come To Vegas
[Sunday, January 11, 2009]
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Las vegas didn't easily earned the title of Sin City. The entertainment capital of the world started out as part of an organized crime movement and big companies started to come in and took over the most popular casinos in the city after the gangsters were moved out. But it seems that the state of Nevada is ready to open their market to foreign investors.
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Midwest Gaming Finally Gets Casino License
[Wednesday, December 24, 2008]
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Illinois is close perilously to making the same mistake that happened to Kansas where the state waited too long and watch the economy go on a nosedive before filling their casino licenses. A lot of that anxiety was relieved after the Gaming Board of the state voted 3 to 1 in favor of giving to Midwest Gaming the final casino license which came as a surprise as there were higher bidders aspiring to get the license.
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Online gambling firms will benefit from faster broadband
[Wednesday, December 24, 2008]
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It has been claimed that new major markets for online gaming firms are created with the growth of the global broadband network.
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Casinos Down Again In November
[Monday, December 15, 2008]
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Atlantic City, New Jersey Casinos were supposed to be revived this year. Various casinos went to renovation while others were knocked over in hopes to build much better facilities.
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Gaming Revenues Continue To Drop
[Monday, December 15, 2008]
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A state report showed that Nevada's gaming revenues were down for the month of October. This could mean that the growing economic turmoil is not yet over. According to the Gaming Control Board report, the casino's gaming revenue were down at 22.3% statewide compared to its performance a year ago. The Las Vegas Strip, which generates more than half the state total dropped at a staggering 25.7% while Washoe County's declines were shallower with a 10% and 7.4% drop in Sparks and Reno, respectively.
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New player Wins Biggest Jackpot on Progressive Table Game
[Sunday, December 07, 2008]
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All Jackpots Casino, a member of the Jackpot Factory Group, is pleased to announce that the largest jackpot at the Jackpot Factory Group amounting to more than 1 million USD has been awarded to a relatively new player.
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Casino Stocks Ready to Move Higher on Wall Street
[Sunday, December 07, 2008]
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After losing 8.5% yesterday, the Casino and Gaming industry is poised to reclaim losses today on Wall Street. Yesterday was the 5th largest drop in the history of trading in the US Casino Gaming industry. In addition, the DOW tumbled almost 8% and the NASDAQ was off nearly 9%.
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Gameologist Group LLC sues The New York Lottery
[Saturday, November 29, 2008]
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Balestriere Lanza PLLC, on behalf of their client, Gameologist Group LLC, has filed a multi-million dollar lawsuit in the New Jersey Federal District Court against The New York Lottery and Scientific Games, Inc. for alleged trademark infringement.
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Alternative Gaming Legislation Proposed by Bwin
[Friday, November 28, 2008]
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Austrian Finance Minister Wilhelm Molterer's gambling legislation proposal has received widespread criticism. Online gaming company Bwin has reacted by commissioning its own legal experts to draw up and present an alternative proposal for gaming legislation to the Finance Ministry.
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Global Traveler Slot Player Wins a Million
[Sunday, November 23, 2008]
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The Playtech powered Casino Tropez announced that on October 31, 2008 32-year-old Jesus M. of Madrid, Spain won 1,005,000 Euro (1.27 million USD) on the online slot game Global Traveler.
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Thanks to the US Market, Competitors are Gaining on PartyGaming
[Sunday, November 23, 2008]
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The third quarter sales were not that high for PartyGaming Plc., owner of PartPoker. The company reported that third quarter sales did not indicate movement, either up or down. Competitors that take US bets made up ground on the company.
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Playtech Reports Boost In Third Quarter Revenues
[Sunday, November 16, 2008]
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Fuelled by the acquisition of new licences, online casino and poker software provider Playtech has reported a significant surge in their revenues for the week.
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Sands Corp Determined to Finish Singapore Project
[Sunday, November 16, 2008]
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Las Vegas Sands Corp has experienced a series of punches for the past few months. The casino resort company has seen their stocks nose-dive, forcing their expansion plans in Macau to a halt.
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UK Allows Advertising From Caribbean Gambling Operators
[Sunday, November 09, 2008]
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UK has given Antigua and Barbuda-based online gambling operators the permission to advertise their services in their country. Starting November 21, gambling firms based in the Carribbean country will be legally allowed to advertise to British customers.
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Maryland Opens It's Doors To Casinos
[Sunday, November 09, 2008]
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Baltimore city officials have already began their preparations for a new casino as the state is prepping up for slot machine gambling after Maryland voters approved the said move. City officials approved a 4.1 million USD land purchase by the city last Thursday.
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MGM Mirage Announces Third Quarter Report
[Sunday, November 02, 2008]
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MGM Mirage Casino could be in financial distress if the trend they are following continues based on the company's third quarter report. The recent figures are down and this could be a sign that consumers simply do not have the money to keep pumping into slot machines in Las Vegas.
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Online Gambling Market Being Eyed By Bermuda
[Saturday, November 01, 2008]
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The Bermuda government is considering entering into the online gambling market. The island could be interested in tapping on huge amounts of revenue that is being generated from the gambling industry.
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