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Foxwoods in Planning Stage to Develop Internet Gambling Site Based in Europe (Where it is Legal)

This isn’t surprising, but when I saw a news item in a New London, CT newspaper, I had to comment on it. Foxwoods Development Co, the  Mashantucket Pequot Tribe’s St. Louis-based development arm, is in the planning stage of developing an internet gambling site where it is legal— in Europe. Smart move. Very smart. Apparently the [...]

Rollin’ On a River: Charleston, South Carolina OKs Boat Casinos

Are we becoming a gambling nation? Um, maybe. And is that necessarily a bad thing? I don’t think so. Look, there is no question that legalizing gambling has been done for one reason and one reason only: states are BROKE. And gambling tax money is an easy way to at least help with local budgets. [...]

Are You Surprised? College and High School Age Kids Going to Online Gambling Sites in Increasing Numbers

This should be of little surprise to those of us who have college age kids. Wanna know what they’re doing in their spare time online? Studying? Going to X-Rated sites? Gaming? Gambling? I can’t speak to the first three but according to some recent surveys, online gambling is increasing. Here is an item sent to [...]

Unofficial Dallas Poll Shows Support for Legalizing More Forms of Gambling as Way to Help Deal with Anticipated $20 Billion State Budget Shortfall

The next governor of Texas will have a major problem on his hand. A $20 billion budget shortfall. That’s right: $20 billion. WFAA Dallas took a poll among likely voters and they said they support more gambling to help the budget. But what will the legislature think about that? Our poll found a majority of [...]

Chinese Gambling On the Rise, While Key U.S. Gambling Mecca’s Still in Recession

I was reading the New York Times recently. They had a story about Las Vegas and the troubles with gambling revenues being down. There doesn’t seem to be a similar problem in Asia. Certainly not in Macau, where September gambling revenue rose 40 percent from a year earlier, according to Dow Jones. That 40 percent is [...]

Maryland Joins the Club; Hollywood Casino in Perryville, Md. Opens

For the first time in 40 years, Maryland has legal gambling. After a decade and a half of debate, the opening of the Hollywood Casino in Perryville meant Maryland has finally joined most of its neighbors in expanding gambling to shore up its finances. Whoever lost that first dollar just paid 67 cents to the [...]

Churchill Downs (Home of the Kentucky Derby) to Buy Casino for $132 Million

How bad is the horse racing industry? Look…I write about horse racing. I bet it. I watch it. I love it. But things are tough these days. And then I saw this: Churchill Downs, home of the Kentucky Derby, is about to acquire a Mississippi casino for about $132 million. Are things that bad that [...]

Russia Grapples with the Idea of Legalized “Gambling” Zones: Can the Black Sea Area Become the Country’s Version of Las Vegas?

Here is an interesting item that crossed my desk recently. You know, Russia has been struggling with the idea of expanding it’s gambling zones, casinos…whatever you want to call it. Well, after some failed attempts to relocate gambling spots to designated zones, Russia is considering building a family-friendly casino resort in the more popular holiday [...]

Up for Grabs in Pennsylvania: the State’s Final Gaming License (at least for now)

I hope you all will forgive me for writing about Pennsylvania again, but what the state is going through now…for a gambler like me (although I am an amateur at it) is just fascinating. A state with Quaker blood…with Amish roaming the countryside…. is going whole hog for casino gambling and it is happening for [...]

5,000 Arrested in Illegal Gambling Raids Across Asia

Gambling news from around the world, courtesy of a number of news services, including Reuters and UK newspapers. This, for all of you (and I know you’re out there) reading this in Europe, Asia and Australia. Thank you for viewing these posts every week. And I promise to cover more of the world’s events in [...]

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