Dubai announces it cannot make debt payments, causing casino stocks in general and MGM Mirage in particular some worry from investors once again concerned about the billions in debt carried by the CityCenter gambling complex.
Month / November 2009
After rumors had circulated that the UIGEA compliance date would be pushed back at the last second, the Treasury and Fed did exactly that, delaying the online casino ban another six months.
Despite league efforts to shove the problem out of public sight, a new sports betting scandal arose with the banning of a former Sacramento Kings employee.
A survey to study effects of online casino gambling in Florida showed some unexpected bias in the reporting of potential options to Governor Charlie Crist.
The deleterious effects of the coming implementation of the UIGEA ban against online casino payments have caused the Kentucky Congressional delegation to unite in a call for delay of the compliance date.
There is a bay shift occurring in the nature of sports betting, as players desert land sports books for online casinos.
Experts discussing the future of US gaming on CNBC say they think regulated online casinos in the US are only a matter of time.
The president of the American Gaming Association says his land-based casino membership may look closely at online casinos as an industry future when they meet in December.
Gambling and lottery winnings in Canada are in practice larger than equal rewards in the US, as Canada recognizes that a tax on profits means money won has already been taxed once.
Even a negotiated deal can’t stop the endless changing of the casino gambling drama taking place in the Florida legislature.
PartyGaming officials kept the online casino company in readiness to re-enter the US gambling market by purchasing the World Poker Tour brand.
US lawmakers Jon Kyl and Spencer Bachus asked the Treasury Department to ignore other legislators and continue apace with the implementation of the UIGEA online casino ban.