| Feb 11, 2014
Las Vegas-style casino gambling is often touted as a remedy for Florida's economy. If that were so, then Nevada or Atlantic City might be envied as good places to live, work and raise a family.
Instead, Atlantic City is on a seven-year spiral of...
| Feb 11, 2014
When gambling saloons were a fixture in the Wild West, just about anyone with enough money could set up shop and start gambling. There wasn't much regulation or oversight, and disputes were often settled by Smith & Wesson.
While we aren't living in...
| Mar 2, 2014
| 3:13 PM
It is no secret that interest in greyhound racing has been rapidly deteriorating. The sport of queens, once Florida's highest revenue-generating form of gambling, is on life support, and more than ever a danger to the health and safety of its subjects,...
| Mar 11, 2014
Horse racing in Florida is a billion-dollar industry. Its huge economic impact is much larger, for example, than another, much-coveted leisure industry--spring training baseball.
Horse racing employs many thousands of Floridians year 'round all over the...
| Dec 28, 2013
| 5:49 AM
Diplomats and businessmen from around the globe. Tourists from across the country. Day-trippers from neighboring states.
They flock to the nation's capital for commerce and pleasure and might also try their luck at a planned MGM casino near the National...
| Dec 27, 2013
| 5:27 PM
Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — what with a lackluster global economy, the U.S. government shutdown, Syria's civil war, the Obamacare fiasco and Miley Cyrus.
Instead, we're on track for a...
| Dec 30, 2013
Illinois lawmakers promised years ago to finally get rid of video poker machines that had long gone unregulated and untaxed in dark corners of bars across the state.
In turn, they legalized video gambling machines that were taxed and tightly controlled....
| Jan 2, 2014
| 8:53 AM
Las Vegas is no longer the gambling capitol of the world. Not by a long shot.
The tiny Chinese city of Macau reported a whopping $45 billion of gambling revenue in 2013, a figure analysts expect will be about seven times as much as casinos on the iconic...
| Jan 2, 2014
| 2:25 PM
Connecticut knew, or should have known, 20 years ago that its regional monopoly on casino gambling — and hence its cut of slot machine revenues — would not last forever. Surrounding states were inevitably going to want a piece of the action....
| Jan 3, 2014
| 2:09 PM
Los Angeles City Atty. Mike Feuer has filed a lawsuit against a national developer of gambling systems for its role in allegedly supplying L.A.-area cyber cafes.
"Illegal gambling can cause significant public safety problems and preys on our most...
| Jan 7, 2014
| 10:33 AM
Maryland's four casinos brought in about $65 million in December, their lowest monthly revenue since the Rocky Gap Casino Resort opened in May.
Still the total was well above revenues seen at the end of 2012, riding a nearly 50 percent year-over-year...