Gov. Andrew Cuomo’s proposed budget would also increase the takeout to cover regulatory costs and could divert VLT money from purses to equine health initiatives.
Monthly Archives: January 2016
Delaware Upholds Stewards' Ruling on Preciado
The Delaware Thoroughbred Racing Commission Jan. 13 upheld a decision by its board of stewards to suspend trainer Ramon Preciado 21 days and fine him $1,500 for a pair of clenbuterol positives last summer.
Delaware Upholds Stewards' Ruling on Preciado
The Delaware Thoroughbred Racing Commission Jan. 13 upheld a decision by its board of stewards to suspend trainer Ramon Preciado 21 days and fine him $1,500 for a pair of clenbuterol positives last summer.
Mohaymen Continues Work Toward Holy Bull
Shadwell Stable’s Mohaymen continued to work forwardly for his 3-year-old debut in the $350,000 Holy Bull Stakes (gr. II) Jan. 30 at Gulfstream Park with a five-furlong breeze Thursday morning.
Mohaymen Continues Work Toward Holy Bull
Shadwell Stable’s Mohaymen continued to work forwardly for his 3-year-old debut in the $350,000 Holy Bull Stakes (gr. II) Jan. 30 at Gulfstream Park with a five-furlong breeze Thursday morning.
Five $1 Million Winning Powerball Tickets Sold in Michigan
“The winners should contact the Michigan Lottery Public Relations Division at 373-1237 to schedule an appointment to collect their big prize,” the lottery says. “The prizes must be claimed at the Lottery’s headquarters in Lansing.
Magician Represented by First Reported Foal
The first reported foal for multiple grade/group I winner Magician was foaled Jan. 13 when the Nayef mare Proximity produced a bay colt at Curraghmore Farm in Canada.
Magician Represented by First Reported Foal
The first reported foal for multiple grade/group I winner Magician was foaled Jan. 13 when the Nayef mare Proximity produced a bay colt at Curraghmore Farm in Canada.
Numbers drawn in record-setting Powerball, California lottery claims winning ticket
A jackpot-winning ticket was drawn in Chino Hills, CA, for tonight’s record-setting Powerball for $1.5 billion, according to the California Lottery. The California winner – and any other yet-to-be-announced winning ticket buyers – will be able to choose annual payments over 29 years or opt for a lump-sum payment of about $930 million.
Next Owner Conference Tied to Breeders' Cup
The third Thoroughbred Owner Conference will be held in California in conjunction with the Breeders’ Cup World Championships later this year.
Wildcat Red Returns In Sunshine Sprint
Wildcat Red, who clearly enjoys Gulfstream Park, having won the 2014 Hutcheson Stakes and Fountain of Youth Stakes there, returns off a four-month layoff against other Florida-breds in the Sunshine Millions Sprint.
In Record Powerball Game, A Look At Winners And Losers
SACRAMENTO – When the largest-ever lottery prize is finally awarded, the winners and losers will extend well beyond the lucky few who hit the jackpot and the multitudes of disappointed ticket buyers. Here’s a breakdown of how Powerball affects the players, the public and others.
In Record Powerball Game, A Look At Winners And Losers
SACRAMENTO – When the largest-ever lottery prize is finally awarded, the winners and losers will extend well beyond the lucky few who hit the jackpot and the multitudes of disappointed ticket buyers. Here’s a breakdown of how Powerball affects the players, the public and others.
California Lottery: Winning Powerball ticket sold in LA area
Traffic moves slowly past a sign advertising the jackpot for the Powerball lottery in downtown Dallas, Wednesday, Jan. 13, 2016. The Powerball jackpot for Wednesday night’s drawing is at least $1.5 billion, the largest lottery jackpot in the world.
California Lottery: Winning Powerball ticket sold in LA area
Traffic moves slowly past a sign advertising the jackpot for the Powerball lottery in downtown Dallas, Wednesday, Jan. 13, 2016. The Powerball jackpot for Wednesday night’s drawing is at least $1.5 billion, the largest lottery jackpot in the world.
Analyst: Location critical for Vietnam’s casino plans
Vietnam should put locations for new casinos high on its priority list if it wants to appeal to investors, experts said.
In a note, Union Gaming Securities analyst Grant Govertsen said in order for the Asian country to attract major international casino operators, “the locations would be critical,” among other things.
“Depending on whether or not the government is willing to settle for less, and in the context of the current China macro, it is hard to imagine a scenario where there will be significant international interest on the part of the major players… unless an IR [integrated resort] license (with local allowed) is available for downtown Hanoi or Ho Chi Minh City,” said analyst Grant Govertsen in a note.
In addition, Govertsen said the government will also have “to dramatically lower the minimum investment requirement (currently set at US$4 billion), as well as lower gaming tax rates (currently 35 percent) in order [for operations] to be competitive in the region.”
Analyst: Location critical for Vietnam’s casino plans
Vietnam should put locations for new casinos high on its priority list if it wants to appeal to investors, experts said.
In a note, Union Gaming Securities analyst Grant Govertsen said in order for the Asian country to attract major international casino operators, “the locations would be critical,” among other things.
“Depending on whether or not the government is willing to settle for less, and in the context of the current China macro, it is hard to imagine a scenario where there will be significant international interest on the part of the major players… unless an IR [integrated resort] license (with local allowed) is available for downtown Hanoi or Ho Chi Minh City,” said analyst Grant Govertsen in a note.
In addition, Govertsen said the government will also have “to dramatically lower the minimum investment requirement (currently set at US$4 billion), as well as lower gaming tax rates (currently 35 percent) in order [for operations] to be competitive in the region.”
Budget woes force eSports team Titan to shut down
Titan, one of the most notable names in the competitive gaming world, is bidding farewell.
The Singapore-based organization announced on Wednesday that it is closing its doors this year because it is no longer able to continue paying their players or staff.
Damien Grust, founder and chief executive of Titan, posted a farewell message on the company’s website that Titan is “starting 2016 without a budget high enough to keep a CS:GO [Counter-Strike: Global Offensive] team or pay our amazing staff. How profoundly sad.”
The executive, however, left no doubt as to what the company’s core problem was.
Budget woes force eSports team Titan to shut down
Titan, one of the most notable names in the competitive gaming world, is bidding farewell.
The Singapore-based organization announced on Wednesday that it is closing its doors this year because it is no longer able to continue paying their players or staff.
Damien Grust, founder and chief executive of Titan, posted a farewell message on the company’s website that Titan is “starting 2016 without a budget high enough to keep a CS:GO [Counter-Strike: Global Offensive] team or pay our amazing staff. How profoundly sad.”
The executive, however, left no doubt as to what the company’s core problem was.
Casino workers call for pay hike amid Macau’s bleak gaming performance
A labor group in Macau is pressing for salary hike for casino employees, despite the casino industry’s ongoing lackluster performance.
Choi Kam Fu, director general of the Macau Gaming Enterprises Staff’s Association, told local media the group has teamed up with two other unions representing casino workers. Together, they will deliver letters “calling for salary increases and bonuses in 2016” to the six casino operators in the city state.
Public broadcaster TDM quoted Choi saying: “The expenditures on the welfare of the staff do not occupy a large portion of the overall operational costs. Some only make up around 10 percent. Based on the adjustment, the expenditures would not draw too much pressure.”
GGRAsia reported that Wynn Macau Ltd. has already announced that employees of Wynn Macau and Wynn Palace will get a one-month bonus ahead of the Chinese New Year holiday period, which starts on February 7. According to the report, which quoted local media outlets, 98 percent of Wynn’s 8,000 employees, excluding senior management, will get the bonus.