Online Casinos News

In a packed house Monday night at Council Bluffs City Council meeting, members jointly passed a statement that will allow Harrah’s Casino to take control of the Mid America Center starting in July of 2012.

The nine-year-old taxpayer owned arena and gathering center welcomes several concerts and special events all through the year, but it has been operating at a higher deficit over the past three years.One main reason was due to the loss of hosting the Omaha Lancers Hockey team.

City Council members say Monday’s decision is in the best attention of bracing the MAC and the taxpayers.  The Caesars entertainment company, which owns Harrah’s Casino, will take control in 2012.

However, this ownership was a risk that some area students didn’t want to take.A high school student in Council Bluffs was doing whatever she could to stop the casino from taking control.

You want to go there and say you graduated from the MAC center and everything like that. You want to be able to tell people about this great capacity that we have and everything.You don’t want to say that you had prom at a casino because they would probably look at you weird,said 16-year-old Emily Wing field.

Chauffeured by her Mom, Emily and a couple of her friends traveled to three dissimilar high schools collecting signatures from students who were against the casino taking control of the MAC arena.

One of the things that the MAC does very well is they bring in some wonderful Christian concerts.I think it’s going to be very complex to attract those kinds of concerts if they are sponsored by a casino,said Carla Wing field, Emily’s mother.

Once they collected all the signatures, Wing field then hand delivered all the signatures to city council so they would have them before Monday’s meeting.Immediately after getting the signatures, Wing field said City Council member Matt Walsh sent an e-mail to her, saying how dissatisfied he was at her for trying to influence students who are too young to understand the dynamics of the circumstances.

I know that the MAC runs at a deficit as do probably all these types of amenities across the nation, mainly in this type of economy,said Wing field.But I think that’s the primary reason why the board is looking at it and maybe there are a lot of other aspects that they should be looking at as well.

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Lottery sales in South Korea have been growing fast, data showed Monday, raising concern that the full-year figure will likely surpass a government-imposed ceiling aimed at adaptable overheating.

Lottery sales came to 2.79 trillion won (S$3.2 billion) during the January-November period, up from 2.3 trillion won a year earlier, according to the data by the finance ministry. The augment is accredited to protracted economic indecision and rising popularity of newly-launched pension lotteries. Lottery sales as a whole have been on the rise since 2008, the ministry noted.

The ministry expected that December sales will likely top 300 billion won, easily further than a 2.8 trillion won annual sales ceiling compulsory by the National Gaming Control Commission. The payment under the Prime Minister’s Office is in charge of modifiable the casino gaming industry such as lotteries, horse racing and casinos, with precedence on evasion policies. It started operation in 2009.

If the ceiling is breach, the commission could lower the maximum sales figure for the following year or impose other restraints aimed at curbing extreme gambling. As the sales have been spike, the commission lately recommended that the finance ministry put some manacles on lottery sales by the end of this year.

A group of casino betting foes filed signatures with Secretary of State William Galvin’s office this week in an effort to cancel the new casino gambling law through a statewide vote next November.

The petition has been forwarded to Attorney General Martha Coakley to determine whether it is eligible for the ballot. Proponents of the repeal effort fear it may not be entitled because the law includes appropriations, which are ineligible from the referendum process.

John Ribeiro of Winthrop filed the 10 signatures and is heading up a ballot group called Repeal the Casino Deal. Other signers include Tom Larkin, head of the anti-casino group United to Stop Slots in Massachusetts, and Les Bernal, decision-making director of Stop Predatory Gambling.

Mary Tufts of Bridgewater, a director of United to Stop Slots in Massachusetts, also signed the petition. She got worried in the issue in 2007 when the Mashpee Wampanoag tribe announces plans – which have since been abandoned – to build a casino in Middleboro a few miles from Tufts’ home.

Repeals have a more speed up timeline than other ballot questions: To get other questions on the ballot for a November 2012 vote, most of the signatures would need to have been collected by now. The other ballot questions also require more signatures to be collected. Ribeiro said activists plan to gather the necessary signatures even if Coakley rules their proposal ineligible because they’ll appeal a decision from Coakley if she denies their request.

The casino law also faces another challenge, this one in Boston federal court: A developer sued Patrick over the law, claim it gives the Mashpee Wampanoag tribe an unfair head start in bidding for the Southeastern Massachusetts casino license. State official are moving forward with efforts to appoint members of a five-member payment who would oversee online gambling in the state.

State Treasurer Steve Grossman reveal an advisory panel that would help him pick his nominee. Meanwhile, state officials said they would hire a search firm to find two payment members whose actions will be shared by Grossman, Patrick and Coakley.

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Miami-Dade Commissioner Barbara Jordan has put the brakes on a suggestion that may have put the casino betting issue on the January ballot. County Commission Chairman Joe Martinez added an item to Wednesday’s agenda that called for a non-binding straw ballot query on “the expansion of gambling in Miami-Dade County.”

During Wednesday’s commission meeting however, Barbara Jordan managed to have the issue removed from Wednesday’s discussion. Jordan told, she is concerned that because the January election is a Republican primary, only GOP voters will voice their opinions.

“It’s not a general election, it does not bring out the entire community,” said Jordan. “What the straw poll will say is that for the majority of those people who vote in favor of this, that the majority of the republicans favor it.”Chairman Martinez doesn’t agree.

“I think it really takes the choice out of the voters’ hands,” said Martinez. Commissioner Xavier Suarez said he supports the idea of letting voters voice their opinion about casino gaming in the county but expressed concern that the public would not be properly informed about the issues.

Chairman Martinez hopes to hold a special meeting in December in order to have the question put on the January 31st ballot. But until that happen, the question will not be on the ballot. Martinez said he simply wants to see what voters are thinking on the issue. He said while there has been some conversation about what these mega casinos will look like, what kind of taxes the casinos should pay, and where they might be built – the more primary question of whether we even want to have these types of casinos in Miami hasn’t been asked.

The issue of growing casino gambling was brought to the forefront several months ago when the Malaysian casino giant, Genting, bought The Miami Herald building and all of the land around it, including the Omni, and announced plans to build a destination resort that would have 5,100 hotel rooms, 55 restaurants and a casino space larger than amazing currently available in Las Vegas.

Other companies followed suits announce their desire to build in Miami and Miami Beach. Two South Florida legislators, State Sen. Ellyn Bogdanoff (R-Broward) and State Rep. Erik Fresen (R-Miami) introduce a measure in Tallahassee last month which would allow up to three purpose resort casinos in Miami-Dade and Broward.

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Bradley Franzen, one of 11 people exciting last week with being part of an online gambling scheme, pleaded not guilty before a U.S. magistrate in New York.

Franzen, 41, of Illinois and Costa Rica, is accused of lying to banks about the nature of the contact they were processing, and of creating fake companies and websites to disguise expenditure to poker companies.

Manhattan U.S. Attorney Preet Bharara announced on April 15 a revised condemnation against the founders of PokerStars, Full Tilt Poker and Absolute Poker. Poker Stars, based on the Isle of Man, Ireland’s Full Tilt Poker and Absolute Poker of Costa Rica are the leading online poker sites doing business with U.S. customers, according to prosecutors.

“Not guilty, your honor,” Franzen told U.S. Magistrate Judge Frank Maas today in Manhattan after being asked how he plead to the charges.

Franzen was charged with nine counts, including conspiracy to violate the Internet Gambling Enforcement Act, operating a prohibited gambling business and conspiracy to commit bank and wire fraud as well as being part of a money laundering scheme. If convict of the charge of conspiracy to entrust bank and wire fraud, he faces as long as 30 years in prison, prosecutors said.

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An Australian slots player at Windows Casino guide lately banked over $30,000 in cash after landing the site’s Marvel Super Power progressive jackpot on The Incredible Hulk game.

A player referred to as ‘David B’ cashed in to the tune of $30,782 on Monday after he ongoing spinning with a moderately low balance of around $20 and placed wagers of 40 to 80 cents per spin.

The Play tech-powered online casino revealed that ‘David B’ has been enjoy its range of games since 2007 and began his assembly previous this week on the Thai Paradise slot before dabbling with the Gladiator and Blade titles. His balance soon rocketed to $200 thanks to the first in a series of bonus rounds while this amount doubled a few spins later politeness of the player getting nine wild symbols at one go.

Windows Casino stated that the Aussie regularly landed bonus rounds and free spins Casino games to take his total winnings to just over $2,000 while progressively growing his individual wagers from one dollar up to $25 per spin.

The Curacao-licensed site avowed that ‘David B’ randomly triggered the Marvel Super Power progressive jackpot on one of his $25 spins where he had won $16. Luck was further on his side as he then exposed three matching Marvel Super Power symbols from the 20 boxes grid to cash in surplus of $30,000.

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Mohegan Sun, with hopes of mounting a casino in the Massachusetts town of Palmer, was pleased Tuesday as Bay State lawmakers accepted legislation that decriminalize casino gambling but the Connecticut resort has a long, tough road before it could open.

Regardless of whether Mohegan Sun wins a license north of the state line, casinos in Massachusetts will drain customers from the two big Connecticut resorts and cost the state a piece of its disbursement from the casinos. Mohegan Sun and Foxwoods Resort Casino have been expecting the opposition for years.

The final bill, approved 118-33 by the House and 23-14 by the Senate, was headed late Tuesday for the desk of Gov. Deval Patrick, who has said he supports casino gambling.We congratulate the legislature on delivering prolonged gaming legislation that establishes a strong framework and that will enable the industry to deliver jobs and economic development,Mitchell Etess, chief executive of Mohegan Tribal Casino Gaming Authority, said Tuesday in a prepared statement.

The Mohegan tribe owns the Mohegan Sun Casino in Uncasville. The casino bill allows for the organization of a single slots parlor anywhere in the state, and three full-scale casinos: one each in the Boston area the southeastern and western portions of the state. That could mean a three-year processes in this version of Massachusetts hold ‘em.

State officials would have to pick a gaming recompense, assign the licenses and seek approval from host communities. Mohegan Sun, pushing hard to obtain one of those licenses, has put down stakes in Western Massachusetts, negotiating a 99-year lease on 152 acres in Palmer, and maintaining a storefront in the small town for the last two years.

Next month, Mohegan is holding a business forum for potential vendors at the Mass Mutual Center in Springfield, said Jennifer Baruffaldi, presenter for Citizens for Jobs and Growth in Palmer, which supports Mohegan’s bid to construct a casino and 600-room hotel and spa.

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The newest bid to get a casino in the Southland may be down, but it’s not out, at least not in the eyes of local boosters. A revise plan that would bring a casino to the Southland along with slot machines at race tracks all through the state and other gambling games-related measures, delayed in the Illinois House on Wednesday, astonishing supporters. But they are not giving up.

Jim Garrett, president and CEO of the Chicago Southland meeting Visitors Bureau, said Thursday that the defeat overall is probably a good thing.This gives everybody a chance to catch their breath, think again it and go back on (Nov. 29) and expectantly pass it, Garrett said.

Country Club Hills Mayor Dwight Welch and state Rep. Anthony DeLuca think the Southland may eventually have a casino. The bill was discussed for more than an hour before coming up short. Lawmakers have adjourned until Nov. 29.

DeLuca said the plan failed because of resistance from legislators with casinos in their districts. Still, DeLuca said he was expectant not convinced the casino expansion bill finally would pass.By having this economic engine coming in to the area, it will make it easier to attract other business, DeLuca said.

Garrett agreed A Southland casino would be part of an activity wrap up that would include a hotel and gathering center with a multi-use, sports complex and an indoor fitness facility, a golf course, a water park and a four-star restaurant, he said.

He does not have an exact site right now, but Welch does. Take one guess. “We will win this and bring this to Country Club Hills and we’ll share it with the south border,” Welch said.Gov. Pat Quinn, Welch said, has been careful about bring more gambling to Illinois.

I agree with him that we can’t have too many gambling tackle in Illinois, but I think the south suburbs can handle a riverboat, and I think there’s no better spot than Country Club Hills. Welch said.Anything good takes time, and this needs to be done properly,he said.There’s no question that we’ll be the leader casino in Illinois and we’ll make it the premier purpose point in Illinois.

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International Game Technology, the world’s largest slot machine producer, more than doubled earnings and boosted proceeds in its fiscal fourth quarter thanks to strong North American machine sales.

The Reno-based companies today account earnings of $60 million, 20 cents a share, on revenue of $539.8 million compared with fourth-quarter 2010 earnings of $23 million, 8 cents a share, on revenue of $474.2 million.

A survey of 17 analyst’s predictable earnings at 23 cents a share. In an earnings conference call today, company executives said they expect those trends to continue with a casino opening at New York’s Aqueduct Racetrack in the current quarter and casino openings scheduled next year in Ohio.

IGT President Eric Tom also said the company had an outstanding show at the Global Gaming Expo in Las Vegas in October, writing 2,000 orders for new machines in three days. Tom said the potential for rising content improved last month when the company announces a licensing deal with Sony Pictures Entertainment.

Fourth-quarter product sales were up 20 percent to $257 million with the sale of 11,300 units, most of them substitute for old machines. In the fourth quarter, the company shipped 6,500 machines to North American casinos — 1,400 new and 5,100 replacements. Internationally, IGT shipped 4,600 machines, including 1,900 new and 2,700 replacements.

For the entire fiscal year, which ended Sept. 30, IGT sold 37,500 machines. Company officials said they anticipate picking up market share in the busy Asian market, but may not see as much improvement in Europe.

In fiscal year 2011, we grew revenue, leveraged our gaming operations, improved margins, positioned the international business for growth and greater than before our interactive presence,Patti Hart, CEO of IGT, said in a release discrete with the statement of earnings.

We delivered strong monetary results and held true to the assure we made to our shareholders by directing our resources towards the high returning opportunities, she said.We are focused on humanizing all aspects of our business, with the predictable outcome of better returns to our shareholders in fiscal year 2012.

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The ACH Casino review and Resort in Atlantic City was thrown a lifeline last week to allow it to carry on operating despite considerable losses in recent years. The owners of ACH proposed a new plan this week to spend $25 million in reinstatement to save the US casino from a foreclosure sale.

ACH’s parent company Colony Capital L.L.C. agreed to allow lenders to foreclose on its Bally’s Tunica and Resorts Tunica casinos in Mississippi as an alternative, giving the ACH a new lease on life.

The casino list– also one of the smallest in Atlantic City — has struggle to compete with larger and newer casinos in both Atlantic City as well as in adjacent states such as Pennsylvania, which continue to siphon more and more betting dollars from Atlantic City casinos.

ACH reported $12.1 million in total gambling revenue in October, down 11% percent from a year ago. In July 2009 the casino default on its mortgage and foreclosure proceedings began. Lenders led by the U.S. National Bank Association put the events on hold in January 2011 after attainment accord with Colony Capital to sell the property but no possible buyers showed any interest.

Hilton Hotels ended a license accord that satisfactory the casino to use the Hilton name earlier in the year, leaving it to rebrand itself as ACH Casino and resort.

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