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Casino and Gambling Industry

Casino and Gambling Industry
A collection of news and information related to Casino and Gambling Industry published by Tribune Company sources. (Photo KIRK MCKOY / LA TIMES)
A collection of news and information related to Casino and Gambling Industry published by Tribune Company sources. (Photo KIRK MCKOY / LA TIMES) « Show less

Top Casino and Gambling Industry Articles

Displaying items 67-77
  • Sin Tax Shortfall Shows State Must Grow Economy

    Sin Tax Shortfall Shows State Must Grow Economy
    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....
  • L.A. city attorney sues firm that provides cyber-gambling systems

    L.A. city attorney sues firm that provides cyber-gambling systems
    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...
  • Maryland sees lowest casino revenue since spring

    Maryland sees lowest casino revenue since spring
    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...
  • Five questions for Lorenzo Creighton

    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...
  • Lawmakers reject video gambling reforms

    Lawmakers reject video gambling reforms
    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...
  • Gaming Board reacts after reforms rejected

    Gaming Board reacts after reforms rejected
    The state’s top gambling regulators said today that a “substantial gap” remains in their oversight of the barroom slot machine industry after a panel of lawmakers rejected reforms. Illinois Gaming Board officials also said they would...
  • Maryland casinos rake in nearly $66.4 million in October

    Maryland casinos rake in nearly $66.4 million in October
    Revenue from Maryland's four casinos totaled nearly $66.4 million last month, up $1.04 million in September, the Maryland Lottery and Gaming Control Agency reported Tuesday. As usual, the bulk of the revenue was generated by Maryland Live Casino in Anne...
  • Gold at three-week low on Fed stimulus outlook

    Gold at three-week low on Fed stimulus outlook
    This has not been a good year for gold investors. Prices of the precious metal were at a three-week low Tuesday morning on speculation that a strengthening U.S. economy will spur the Federal Reserve to slow stimulus. Silver fell to its lowest level in...
  • Chicago casino more economically viable for Michael Reese site than Obama library, hotels

    Chicago casino more economically viable for Michael Reese site than Obama library, hotels
    A Chicago casino anchoring a redevelopment that includes the former Michael Reese Hospital site would be more economically viable for the city than a Barack Obama presidential library or a cluster of convention hotels, according to a study Mayor Rahm...
  • Bidders for Prince George's casino license enter home stretch

    Bidders for Prince George's casino license enter home stretch
    The three players bidding to build a new casino in Prince George's County have shown their hands, and the state will pick a winner by the end of December. The stakes are high as the state prepares to hold a series of meetings beginning this week and...
  • Gov. Jerry Brown attends L.A.-area casino event for major donor

    Gov. Jerry Brown attends L.A.-area casino event for major donor
    Governor Jerry Brown made a rare visit to southeast Los Angeles County on Monday for an unveiling of plans for a new casino building in Hawaiian Gardens, a 1-square-mile city bordering Orange County. It was the second time in little more than a month...