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Nevada Gambling Revenues Increase 7.6% in March Due to Baccarat, Craps
May 1st, 2014 By April Bergman

Nevada Gambling Revenues Increase 7.6% in March Due to Baccarat, Craps

Nevada casinos had a bounce-back month in March, as they increased their revenues by 7.6% over the same time in 2013. The total revenue collected by all casinos in the state for the month came to $982 million, while the city of Las Vegas reported an all-time monthly record for the most visitors, with 3.7 […]

8 Years Later, Tiny Antigua Still Cannot Enforce Its WTO Ruling against the United States
April 28th, 2014 By April Bergman

8 Years Later, Tiny Antigua Still Cannot Enforce Its WTO Ruling against the United States

Years ago, the small island nation of Antigua & Barbuda won a case against the United States before a World Trade Organization court. Years later, the leader of Antigua say their country’s or the WTO’s inability to enforce the ruling on the US is a sign the strong nations continue to make the global trade […]

Sands China Limited Shows 50% Profit Gain in First Quarter 2014
April 25th, 2014 By April Bergman

Sands China Limited Shows 50% Profit Gain in First Quarter 2014

The Sands China Ltd. had a 50% gain in first quarter profits compared to this time in 2013. Sands China Ltd. is Sheldon Adelson’s Macau casino operation. The record numbers come not only from Asian high rollers, but an influx in mass-market Chinese gamblers. Once you adjust the revenues for taxes, depreciation, interest, and amortization, […]

City of Everett May Use Eminent Domain to Buy Property, Sell It to Steve Wynn
April 22nd, 2014 By April Bergman

City of Everett May Use Eminent Domain to Buy Property, Sell It to Steve Wynn

The mayor of the city of Everett in the Greater Boston Municipal Area has proposed a plan in which the city would use eminent domain to purchase land, then sell it at cost to Steve Wynn $41 million. The move would circumvent issues with the owners who currently owns the property, because of a public […]

Gambling Deemed Morally Unacceptable by 24% of Americans, 62% Internationally
April 19th, 2014 By April Bergman

Gambling Deemed Morally Unacceptable by 24% of Americans, 62% Internationally

In a Pew Research Center poll taken from 40 countries worldwide, gambling came second only to infidelity on a list of unacceptable practices. That was the conclusion of the 2013 Global Views on Morality survey, which asked people’s opinions onĀ  controversial topics. In each case, people were asked if they deemed these various activities “morally […]

$425 Million Powerball Lottery Winner Says He Plans to Start a Youth Charity
April 18th, 2014 By April Bergman

$425 Million Powerball Lottery Winner Says He Plans to Start a Youth Charity

Ray Buxton, who was the lone winner of a recent $425 million Powerball lottery drawing, plans to start a children’s charity with his newfound fortune. Buxton claims he wants to fight child hunger, promote pediatric health, and help educate the youth. When not involved in philanthropy, Ray Buxton plans to travel a bit. The San […]

Kentucky Lawyer Alleged to Have Stolen $700,000 to Pay for Gambling Habit
April 16th, 2014 By April Bergman

Kentucky Lawyer Alleged to Have Stolen $700,000 to Pay for Gambling Habit

An attorney in Florence, Kentucky stands accused of gambling with his clients’ money. According to authorities, John Arnett is thought to have taken more than $650,000 from his clients over a 13 year period to fund his gambling habit. The case came to light when John Arnett was unable to disburse more than $82,000 to […]

Florida Grandmother Leaves 5 Children to Gamble on the Slot Machines
April 13th, 2014 By April Bergman

Florida Grandmother Leaves 5 Children to Gamble on the Slot Machines

A Pompano Beach, Florida woman was arrested after leaving her 4 children and 1 grandchild, between ages 2 and 12, while she went to the casino to play the slot machines. When the Broward County Sheriff’s Department answered a call from concerned neighbors and found the state of her home, they removed all five children […]

Las Vegas Sands Launches Global Philanthropic Program: “Sands Cares”
April 11th, 2014 By April Bergman

Las Vegas Sands Launches Global Philanthropic Program: “Sands Cares”

Sheldon Adelson and his company are not just politically active. Adelson and LSV are working to better society, too. The Las Vegas Sands this week launched its global philanthropic program, which is called Sands Cares. The charity foundation has already donated $7 million to UNLV and $1 million to Clean the World, which recycles shampoo […]

Wynn Resorts and LSV Show Record Gains from Their Macau Casinos
April 8th, 2014 By April Bergman

Wynn Resorts and LSV Show Record Gains from Their Macau Casinos

American corporations are making major gains in the Chinese gaming market. Wynn Resorts and Las Vegas Sands Corp. announced record gains in the Macau market this last week. Sheldon Adelson announced his company had record growth in the Macau and Singapore area, released a statement touting the company’s latest numbers. The news was similarly good […]

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