Latest News About «gambling»:

    Numerous online oddsmakers are showing former Vice President Joe Biden as the clear favorite over President Donald Trump in the 2020 general election as of July 1, a huge shift from the beginning of the year. Bovada.lv, Oddschecker.com, Oddsshark.com, and Sportsbettingdime.com all have Biden at -160 or better. $markets currently has more than 59% of all contracts selecting Biden as the 2020 winner, with just over 34% picking Trump. The non-profit PredictIt.org additionally shows Biden trading for 60 cents to...
    CHICAGO (CBS) — Chicago can have a new casino. Gov. JB Pritzker Tuesday signed a new gaming tax bill into law that paves the way for the gambling center. Once it’s built it will provide money for pensions, hospitals and universities. The law also allows gaming at the state fair and provides pandemic relief for the state’s gambling industry.
    Because there hasn’t been video gambling since mid-March due to COVID-19 restrictions, state and local tax coffers are out more than $105 million dollars compared to last year, but those machines at your local pub can be fired back up soon. The Illinois Gaming Board is allowing casino and video gaming to resume starting Wednesday. Now in Phase 4 of the governor’s reopening plan, state Sen. Dave Syverson, R-Rockford, said video gambling machines are plugged in and ready...
    Gamblers may be able to place their casino bets via their cellphones, The Wall Street Journal reports. As Las Vegas casinos reopen amid the coronavirus pandemic, there is a push to get rid of cash, which exchanges hands of hundreds of people. Last week, the Nevada Gaming Commission, which oversees casinos, approved rule changes that will permit more cashless bets in casinos. That means wagers likely will be able to be placed digitally. The move will allow casinos to cut...
    Las Vegas gamblers could soon bet with their cellphones instead of cash as casinos try to bounce back from the coronavirus crisis, a new report says. Nevada gaming regulators approved rules last week allowing casinos to expand the use of cashless betting amid concerns about the deadly COVID-19 bug spreading on gambling floors, according to The Wall Street Journal. The move to digital wagers could help casinos cut down on the number of interactions with cashiers during the pandemic...
    Las Vegas gamblers could soon bet with their cellphones instead of cash as casinos try to bounce back from the coronavirus crisis, a new report says. Nevada gaming regulators approved rules last week allowing casinos to expand the use of cashless betting amid concerns about the deadly COVID-19 bug spreading on gambling floors, according to The Wall Street Journal. The move to digital wagers could help casinos cut down on the number of interactions with cashiers during the pandemic and...
    Jake Johnson June 29, 2020 11:30AM (UTC) This article originally appeared at Common Dreams. It is licensed under a Creative Commons Attribution-Share Alike 3.0 License. Feel free to republish and share widely. Bank stocks jumped and lobbyists rejoiced Thursday after U.S. regulators voted to gut the so-called Volcker Rule, a set of regulations imposed in the wake of the 2008 Wall Street collapse limiting the ability of financial institutions to engage in high-risk behavior that threatens the systemic health of the economy....
    Bank stocks jumped and lobbyists rejoiced Thursday after U.S. regulators voted to gut the so-called Volcker Rule, a set of regulations imposed in the wake of the 2008 Wall Street collapse limiting the ability of financial institutions to engage in high-risk behavior that threatens the systemic health of the economy. “Instead of protecting our financial system in the middle of an unprecedented economic crisis, Trump-appointed regulators are plowing ahead with their dangerous deregulatory agenda,” tweeted Sen. Elizabeth Warren (D-Mass.). “The big banks couldn’t be happier about...
    ANDREW WELSH-HUGGINS, Associated Press COLUMBUS, Ohio (AP) — Multiple individuals defrauded in a scheme perpetrated by an ex-Ohio State and NFL quarterback and his accomplice should receive money from the former players share of a national concussion settlement, an Ohio prosecutor is arguing. At issue is the case of former star player Art Schlichter, now serving a nearly 11-year sentence on federal fraud charges. Prosecutors say Schlichter promised college and NFL game tickets, including to the Super Bowl, but never...
    HARRISBURG, Pa. (AP) — Top Republicans in Pennsylvanias state Senate are pressing sweeping gambling legislation that would allow slot machine-like gambling terminals in thousands of bars, restaurants, nonprofit social clubs and other businesses that hold liquor licenses. Under a draft amendment, more than 10,000 bars, restaurants, hotels, golf course clubhouses and nonprofit social clubs with liquor licenses would be able to install the so-called video gaming terminals. No Senate vote had been scheduled as of Tuesday. A major trade association...
    The Denver Broncos have reached a deal with the popular sports gambling company FanDuel. According to ESPN, the Broncos and FanDuel have reached a “multiyear deal” that will make FanDuel the team’s “official sports betting and daily fantasy football partner.” (RELATED: David Hookstead Is The True King In The North When It Comes To College Football) FanDuel will also be allowed to use the Broncos in advertising in the state of Colorado.   View this post on Instagram   A post shared by Denver...
    SEOUL, South Korea (AP) - Only two years ago the leaders of North and South Korea shared drinks, laughs and vows for peace during three highly orchestrated summits that lowered fears of war that had risen as Pyongyang pursued an arsenal of nuclear missiles. That’s all gone, for now, and it ended this week with a bang. The North on Tuesday blew up an empty office building that had allowed the two Koreas to talk in person in the...
    SEOUL, South Korea (AP) — Only two years ago the leaders of North and South Korea shared drinks, laughs and vows for peace during three highly orchestrated summits that lowered fears of war that had risen as Pyongyang pursued an arsenal of nuclear missiles. That’s all gone, for now, and it ended this week with a bang. The North on Tuesday blew up an empty office building that had allowed the two Koreas to talk in person in the...
    ATLANTIC CITY, N.J. (AP) - The American casino industry wants gambling regulators to make it easier to adopt cashless payment transactions on the casino floor, citing a desire to help customers avoid handling money during the coronavirus outbreak. In a report released Tuesday, the American Gaming Association, the gambling industry’s national trade group, called on regulators in states where gambling is allowed to update their rules or laws to integrate cashless options for gamblers. The push follows an 18-month study...
    ATLANTIC CITY, N.J. (AP) — The American casino industry wants gambling regulators to make it easier to adopt cashless payment transactions on the casino floor, citing a desire to help customers avoid handling money during the coronavirus outbreak. In a report released Tuesday, the American Gaming Association, the gambling industry’s national trade group, called on regulators in states where gambling is allowed to update their rules or laws to integrate cashless options for gamblers. The push follows an 18-month study...
    A grand deal on gambling is possible in Alabama, but there’s still a long way to go.  That was essentially the message that representatives from the Poarch Creek Indians and owners of non-Indian casinos around the state gave Friday to Gov. Kay Ivey’s Study Group on Gambling Policy. The 12-member group heard presentations, via Zoom, from representatives from all the tracks and casinos in the state, as it continues in its quest to put together a proposal that Ivey and...
    ATLANTIC CITY, N.J. (AP) — Helped by the continuing spread of legal sports betting, commercial casinos in the U.S. won $43.6 billion from gamblers last year, an increase of 3.7% from the previous year. In a report issued late Wednesday, The American Gaming Association, the casino industry’s national trade group, said commercial casino revenue has risen for five straight years. The numbers do not include tribal casinos, which report revenue on a different schedule. Last fall, tribal casinos reported...
    CARSON CITY, Nev. (AP) - Nevada health officials are reporting the state’s total number of COVID-19 cases is now past 8,600. The state Department of Health and Human Services updated their testing data Monday with a new total of 8,688 positive coronavirus cases. The number of known deaths is now up to 421. Gov. Steve Sisolak, a Democrat, last week eased closure orders enacted to prevent groups of people from gathering and possibly spreading communicable COVID-19. The governor allowed a...
    MANILA, Philippines (AP) - Philippine police have arrested 90 Chinese for allegedly running an online gambling hub without permits and for violating quarantine restrictions, officials said Sunday. Police made the mass arrests Friday after spotting some of the suspects converging closely without face masks outside a rented apartment in violation of quarantine restrictions, in Cavite province south of Manila. The suspects ran into the apartment, where police discovered the gambling operation, officials said. Two Malaysians were also arrested, police said....
    MANILA, Philippines (AP) — Philippine police have arrested 90 Chinese for running an online gambling hub without permits and for violating quarantine restrictions, officials said Sunday. Police made the mass arrests Friday after spotting some of the suspects converging closely without face masks outside a rented apartment in violation of quarantine restrictions, in Cavite province south of Manila. The suspects ran into the apartment, where police discovered the gambling operation, officials said. Two Malaysians were also arrested, police said. A...
    The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the US as states deal with huge budget deficits and look for new tax revenue wherever they can find it. Most major sports remain shut down due to the virus, but European soccer and Asian baseball have begun play, NASCAR is racing again and PGA Tour golf restarts in two weeks. Major US sports leagues including the NBA and NHL are making plans for...