Archive for the ‘Gambling’ Category

Las Vegas feels as hot as a furnace, it is closing in on mid-July and the World Series of Poker Main Event nears the cusp of its golden hour. Cash is about to be released. As players’ angle for a guaranteed share of $68,798,600 worth of buy-ins turned prize money, the vibe inside the Rio’s [...]

Gambling – Massachusetts Gambling Bill update

Posted on July 24th, 2010 by admin

The Massachusetts gambling bill was one of the projects investigated by The University of Massachusetts Dartmouth Center that investigates economic, social and other political developments using funds received from national and state programs.
They were responsible for promoting the gambling bill now in the Massachusetts house that would expand gambling and online casino games in the [...]

Colorado Woman’s $11-Million Win Turns Into $1600

Posted on July 10th, 2010 by admin

At Wildwood casino at Cripple Creek, Mary McMahon of Colorado was playing the quarter slot machines June first when it became what she thought was her lucky day. She soon thought that she was a millionaire as she hit the progressive jackpot on her machine. The progressive jackpot amount of $1627.82 was flashed by the [...]

Gambling – Riverboat gambling in Minnesota?

Posted on June 18th, 2010 by admin

Seeing dollar signs at every turn of Mark Twain’s Mississippi River, a candidate for governor of the state of Minnesota is campaigning on the promise of bringing floating casinos to the Mississippi River. Hard pressed to find legitimate sources of revenue for poverty stricken states, many candidates are catering to gamblers and a state budget [...]

In Germany all 16 states allow Gambling

Posted on May 14th, 2010 by admin

In all 16 states of Germany, gambling is legal and is entirely state controlled. Gambling has taken off in Germany and the German government generates a substantial amount of tax income from its citizens’ desire to gamble, since the early 2000s.
Germany may be the birthplace of poker and the site of the first casino and [...]

Baccarat Increases Vegas Revenues

Posted on March 16th, 2010 by admin

In tough economic times most casino gambling has been down. Baccarat is a form of gambling that is on the rise. 1.3 billion was wagered in Las Vegas in December on baccarat. Casinos won 155.7 million dollars on baccarat gambling. Revenue for 2009 was up 26.5 % going over 970 million dollars.
Baccarat is a high [...]