New York Governor David A. Paterson isplanning to expand gambling to bars, restaurants and racetracks,dramatically expanding the number of locales in the state where gamerscanplace wagers. Paterson expects another $500 million in revenuesnext year.
TheU.K.'s biggest bookmaker Ladbrokessaidthis week it expects 2008 earnings to fall within the range ofanalysts' forecasts. Shares in Ladbrokes rose 4 percent, and PaddyPower's shares rose even higher, at 8.5 percent. Increased taxes inIreland may impact earnings for both firms, next year, however, expertssaid.
World-renowned casino operator MGM Mirage has reported a loss of$1.15 billion for the fourth quarter of 2008 after being forced to write down earlier acquisitions to the tune of$1.18 billion......Full Story
Greektown Casino is being marketed to buyers during bankruptcy proceedings and it appears that an initial investor from a rival casino has emerged as a potential owner.
Until a few years ago, Seven Card Stud was the most popular poker game in the cardroom. Everyone who has ever played poker at home is familiar with seven card stud...