Penn National Gaming Inc. says it has received approval today from the Nevada Gaming Commission to complete the company’s planned $360 million acquisition of Tropicana Las Vegas . The Commission’s approval represents the final step in the regulatory process to finance and acquire the property following earlier approvals in several other jurisdictions where the company operates.
Ocala Breeders’ Sales Co. saved the best for last during the select session of its August yearling sale Aug. 25.
Movie Director Antony Vidmer has taken the honors at the Card Player Poker Tour Main Event in Jacksonville, after agreeing a three-way ICM chop with Sean Rean and Heng Zhang.
Antony Vidmer has won the 2015 Card Player Poker Tour (CPPT) Main Event in Jacksonville. He picked up $83,838 after topping a final table that included the likes of Timothy Miles and Darryll Fish.
The $1,500 buy-in event attracted 390 players and created a total prize pool of $526,500. 46 players received a minimum $2,000 including the likes of John Dolan (13th) and Aaron Mermelstein (17th).
[Image Credit: CardPlayer]
X Games freestyle motorcross legend Mike “The Godfather” Metzger sets a Guinness World Record with a 125-foot long motorcycle jump that included a back flip over a fountain at Caesars Palace May 4, 2006 in Las Vegas, Nevada. Casino owner Caesars Entertainment Corp will pay $20 million to settle criminal charges over anti-money laundering lapses and will enter into a deferred prosecution agreement with the U.S. Justice Department, Reuters reported on Sunday .
With an eye toward a possible proposal to change New York’s rules on the race-day medication furosemide, the state’s Gaming Commission met in Saratoga Springs Aug. 25 to solicit opinions about the medication.
Efforts to reboot the stalled $3.5b Baha Mar casino resort in the Bahamas took another hit last week after a major hotel chain said it wanted out of the project.
This past Thursday, Rosewood Hotels and Resorts International filed a motion in the Delaware court handling the bankruptcy of the project’s developer, Baha Mar Ltd. The developer filed for Chapter 11 protection in June after falling out with its primary contractor China Construction America (CCA) and its primary lender, Export-Import Bank of China (EXIM).
Rosewood, which is owned by Hong Kong-based New World Hospitality, wants relief from the automatic stay imposed by the Delaware bankruptcy court so that it can terminate the license agreement it signed with Baha Mar Ltd. in 2011.
Rosewood claims that its brand is being “diminished and tarnished each day as a result of its association with Baha Mar.” More to the point, Rosewood says it continues to incur “costs and expenses for which it is not being compensated” due to the developer’s “failure to perform and other incurable defaults,”
The winning ticket, sold at a Publix located at 7060 W Palmetto Park Road, matched all six winning numbers in Saturday night’s drawing, lottery officials said.
Triple Crown winner American Pharoah drew post 2 and was installed as the 1-5 favorite in a field of 10 for the 146th Travers Stakes (gr. I) to be run Saturday, Aug. 29 at Saratoga Race Course.
Offspring of first-crop stallions grabbed the spotlight on opening day of the Doncaster Bloodstock Sales premier yearling sale Aug. 25, selling for the day’s top two prices.
Winamax made the drastic decision to cut fees for its showpiece weekly online Main Event after getting a poor turnout for its most recent Day 1A. Only 277 runners turned out for the €150 ($172) buyin tournament that carries a guaranteed prizepool of €100,000 ($114.7K). In reaction, the French-regulated site slashed 50 percent off the […]
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Zayat Stables has committed to donating a percentage of Triple Crown winner American Pharoah’s purse earnings for the remainder of his racing career to support retired racehorses.
Macau casino junket operator Jimei Group has reportedly fired 20 employees and more layoffs are on the way due to decreasing action at its VIP gaming rooms.
On Tuesday, Macau Business Daily quoted Ieong Man Teng, president of casino labor union Forefront of Macau Gaming (FMG), who said he learned of the dismissals from two of the 20 workers who found themselves out of a job and requested assistance from FMG.
Ieong said most of those who got the sack were employees with bad performance records. But Ieong said there were also some Jimei staffers who’d been “unreasonably dismissed,” including those who recently returned to Macau following business trips.
Ieong noted that this latter group had been “compensated by their boss based on the labor law” but FMG was nonetheless discussing the matter with the Labor Affairs Bureau to see if there were any other actions that could be taken on behalf of the unreasonably dismissed staff.
Is it only Tuesday, still August? Yes. And oh, the absurdity: the GOP-led Florida House and Senate are trying to settle their congressional reapportionment dispute by turning to the very courts they recently decried.
Bob Amidon of Ann Arbor got really lucky with a lottery ticket he purchased at A&L Wine Castle, at 2424 W. Stadium Blvd., winning $500,000 from the Michigan Lottery’s Win Big game. “I went out Saturday to get some tickets and saw the Win Big game,” said Amidon.
Neymar Jr has a bright career in the world of soccer ahead of him, in large part because he’s accomplished so much already at the tender age of 23, meaning he still has plenty of prime years to come. But his young age isn’t always a blessing, as PokerStars recently found out. The poker site […]
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At a forum designed to educate state regulators about furosemide, the very people the presentations were designed to enlighten may well have left with more questions than answers.
China’s suspension of online lottery sales took a big bite out of July’s overall lottery sales revenue.
The Ministry of Finance says total lottery sales in July were RMB 27.1b (US $4.2b), a decline of 27.3% from the same month last year. Welfare lottery sales fell 10.6% to RMB 15.6b while sports lottery sales fell 42% to RMB 11.5b. For the first seven months of 2015, overall sales are down 0.4% to RMB 214.7b.
Just eight of China’s 31 lottery-selling provinces and cities reported sales increases in July, with Shanghai leading the decliners by falling 73.8% year-on-year. While some of the year-on-year decline can be credited to last year’s results having been boosted by the 2014 FIFA World Cup, the Beijing-ordered suspension of online lottery sales this spring is also having an effect.
The ‘temporary’ suspension, which has lasted nearly six months now, was sparked by allegations that unscrupulous provincial lottery administrators were failing to register all online sales and pocketing the difference. In June, the National Audit Office said lottery officials had misused RMB 16.9b ($2.8b) worth of the government’s share of lottery proceeds.
The United States Court of Appeals for the Third Circuit has ruled, by a 2-1 vote, that New Jersey’s 2014 law authorizing sports betting at casinos and racetracks is illegal. An appeal, however, is planned.
Wise Dan was bright-eyed and bushy tailed the morning of Aug. 25, powering his way through a five-furlong bullet in :59 flat on the dirt at Keeneland.
A federal appeals court has rejected New Jersey’s latest attempt to bring legal sports betting to the Garden State.
On Tuesday, a three-judge panel of the US Third Circuit Court of Appeals ruled 2-1 against New Jersey’s appeal of a lower court’s ruling barring implementation of its latest sports betting legislation. The ruling (read it here) is the second time the Third Circuit has stymied the state’s plans to tear down the 1992 federal PASPA law that restricts legal sports betting to four states, and actual single-game sports betting to within Nevada’s borders.
In 2014, New Jersey passed legislation to repeal state-level prohibitions on sports betting at state racetracks and Atlantic City casinos. The state argued that this plan was fully in line with arguments by their opponents – the US Department of Justice, the four major pro sports leagues and the NCAA – that there was nothing in PASPA that prevented New Jersey from choosing not to enforce PASPA’s edicts so long as it didn’t expressly authorize or license betting operations.
THE RULING