Category: Gambling
Senate passes Illinois gambling bill
09 May 2013
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Last Wednesday, reports were there all over the nation that the Illinois Senate had passed the state’s gambling bill.
With the bill, it is the believed that the cash-stripped state is going to generate the much-needed revenue by expanding the gambling industry there. Chicago is also going to get its first casino as well.
Nevada online gambling site finally goes live for its players
09 May 2013
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Good news has finally come for the professional players, who are living in the state of Nevada. They are finally going to be allowed to play the game of online poker.
Earlier this year, the online poker bill got approved, which assured that the Nevada players were allowed to gamble online. However, things were looking very grim on when would the players would get the opportunity to play their favorite game on the internet, as things were moving at a slow pace.
Sands parts ways with its current audit firm
08 May 2013
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Las Vegas Sands made a huge decision by parting ways with the auditing firm, which has been providing services to the company for a longtime. However, analysts believe that investors should not make a lot of speculations beyond this announcement.
In spite of growth in quarterly revenues, Penn National profit declines
23 April 2013
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Penn National Gaming, owner of the M Resort, said that it had a growth in revenues by over 8 percent in the first quarter of 2013. However, the year-over-year net income of the company as well as its earnings per share has seen a considerable decline.
AGA announces Freeman to be next president and CEO
22 April 2013
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AGA (American Gaming Association) made an announcement today that Geoff Freeman, who is a respected professional from Washington Association, is going to be made the new CEO and president of the association. The changes are going to take effect from July 1, 2013.