| 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...
| Jan 10, 2014
| 12:13 PM
Though MGM Resorts International won the state's Prince George's County casino license just last month, the company has had a point man in Maryland for more than a year.
Lorenzo Creighton was tapped for the job of president and chief operating officer of...
| Jan 13, 2014
| 3:04 PM
Tinley Park officials have formally voted to allow video gambling machines in the village despite objections raised by some who said gambling isn't right for the town.
Village trustees Greg Hannon, Brian Maher, Tom Staunton, Patricia Leoni and T.J....
| Jan 15, 2014
| 5:29 AM
An obscure panel of lawmakers unexpectedly shot down video gambling reforms Tuesday, leaving regulators grasping to close loopholes in the lucrative business.
Aaron Jaffe, chairman of the Illinois Gaming Board, which proposed the reforms, said he was...