Casino and Gambling news stories from Aug 2009

Trump Entertainment slams proposed change to casino law - Sunday 16th of August 2009

A bill promoted as much-needed reform for Pennsylvanias casino industry could also smooth the move of the Foxwoods Casino from its original riverfront plot to Center City.Senate Bill 711, introduced in June, would reinstate the recently overturned ba....


Man Settles on $3 Million from Casino - Sunday 16th of August 2009

After years of pain and suffering, Richard Murch will now rest a little easier. The 68-year-old, from Tewksbury, Mass, is getting $3 million in a personal injury lawsuit settlement with Foxwoods Resort Casino. His agony stems back to November 2006, t....


Off-shore casinos cause losses: Goa mining industry - Sunday 16th of August 2009

Presence of off-shore casinos in the Mandovi river causes navigational hindrances and delays the iron ore transportation which causes losses in the business, Goas mining industry has claimed. "The barges (ships carrying iron ore) are delayed almost b....


UK gambling tax puts us at disadvantage, says Betfair - Sunday 23rd of August 2009

Betting exchange group Betfair, Britains largest online betting business, has become the latest bookmaker to publicly attack the Treasurys online gambling tax rates and refused to rule out a move offshore.The privately owned firm, one of Britains mos....


BOOKIES DOWN ON LUCK AS PROFITS FALL - Sunday 30th of August 2009

BOOKMAKER William Hill yesterday said the Open golf, Wimbledon and the Ashes had hit the company hard – declaring full-year profits were likely to fall below City expectations.Chief executive Ralph Topping said ­customer numbers had fallen because pu....


Trump set to regain control of his Atlantic City casinos - Thursday 27th of August 2009

The ex-owner of the Trump casinos is set to become their new owner.Winning the companys backing, Donald Trump beat out a rival group of corporate bondholders in a bankruptcy duel to regain control of the three casinos emblazoned with his famous name.....


Atlantis boss open to Bahamians gambling in casino - Tuesday 11th of August 2009

With the Atlantis Resort & Casino suffering a downturn in business, President and Managing Director of Kerzner International Bahamas Ltd. George Markantonis told Guardian Business he would be open to the idea of locals being able to gamble at the pro....


Mayor told think again over casino - Sunday 9th of August 2009

AYOR Nick Bye is being urged to drop the idea of a new casino for Torquay amid claims it may be put on hold for 18 months.The £50,000 set aside this year for the project and allocated officer time could be better spent, say the Lib Dems.They claim ar....


Casino guidelines are laid down - Friday 14th of August 2009

Business owners hoping to win a licence to operate a casino in Hull will have to meet a set of criteria drawn up by the city council.The city was awarded one of eight new licences for a casino in March 2006 and casino operators may be able to apply f....


Forest drop gambling logo from kids replica shirts - Friday 21st of August 2009

NOTTINGHAM Forest are taking the logo of sponsor Victor Chandler off childrens replica shirts to avoid breaching advertising guidelines.The clubs new kit was launched last week with the name of the online gambling firm emblazoned on the front.Adult c....


Treasury is our biggest problem, says Rank - Thursday 6th of August 2009

Casino and Mecca bingo owner Rank has said the biggest challenge the company faces is the "volatile nature of HM Treasurys fiscal policy".Reporting a first-half profit which beat forecasts, Rank said the Governments decision in this years Budget to r....