Tag: Gambling industry
Lucky break: Idaho Powerball lives as global growth stalls
BOISE, Idaho — Powerball will continue in Idaho for at least another year despite an attempt by lawmakers to end the game in August...
Legislators back expanded gambling at tribe’s Indiana casino
INDIANAPOLIS — Indiana legislators have endorsed a deal allowing the tribal casino in South Bend to become a full-fledged competitor to Indiana’s other casinos.
...
Mobile sports betting money tempts cash-strapped states
ATLANTIC CITY, N.J. — States around the country are realizing what gamblers figured out long ago: The future of sports betting — and tax...
Virus knocks 80% off Atlantic City casino profits in 2020
ATLANTIC CITY, N.J. — The coronavirus outbreak sent profits plunging at Atlantic City's casinos by more than 80% last year, according to figures released...
Detroit’s Ilitch family buying half of Atlantic City casino
ATLANTIC CITY, N.J. — A New York hedge fund said Tuesday it is selling as much as half its ownership of Atlantic City's Ocean...
DraftKings buys VSiN sports betting video broadcast company
DraftKings has bought Vegas Sports Information Network, a multiplatform broadcast and content company delivering sports betting news, analysis and data to U.S. customers, DraftKings...
Expansion work starting soon at central Indiana casino
SHELBYVILLE, Ind. — Construction work is expected to begin soon on a $32.5 million expansion at one of central Indiana’s horse track casinos.
...
NW Indiana casino fined $100K for underage patron incidents
HAMMOND, Ind. — A northwest Indiana casino has been fined $100,000 by state regulators after an 18-year-old man with a fraudulent Pennsylvania identification was...
Caesars puts pandemic losses at $2B, wants insurers to pay
LAS VEGAS — Casino giant Caesars Entertainment Inc. is putting its losses because of the coronavirus pandemic in 2020 at more than $2 billion,...
Rio Las Vegas owner joins with Hyatt for remodel and rebrand
LAS VEGAS — The Rio Las Vegas hotel-casino announced Thursday it will partner with Hyatt Hotels Corp. to rebrand and renovate the more than...