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Tag Archives: betting

Mississippi mulls regulations for fantasy sports betting

Fantasy sports betting operators could soon face an 8 percent tax on their Mississippi revenue. House Bill 967 would establish the tax and authorize the Mississippi Gaming Commission to regulate sports betting operations online or in casinos. The bill passed the House Gaming Committee on Thursday and moves to the full House for more debate. Mississippi legalized fantasy sports betting last ...

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Feds: Man faces charge in illegal sports betting case

Court records show a South Mississippi man faces prosecution in an illegal sports betting enterprise involving internet-based sports books in Costa Rica and the United States. The Sun Herald reports Kenneth Schmitt, accused of committing his crimes in Diamondhead and Biloxi, is set for an initial appearance Dec. 20 in federal court. The U.S. Attorney’s Office has charged Schmitt in ...

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Sports betting could boost casino traffic

By FRANK BROWN At a time when many states are looking for ways to reverse sagging casino revenues, there’s a three-judge panel in New Jersey pondering a decision that could change the gambling playing field. In the next week or two, the Third U.S. Circuit Court of Appeals is expected to rule on a New Jersey challenge of the Bradley Act, ...

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State's casinos record drop in revenue in May

ACROSS MISSISSIPPI — Revenue for Mississippi casinos dropped about $2 million in May from April. The Mississippi Department of Revenue released figures that show casinos took in $185.3 million may compared to $187 million in April. And the figures showed casino revenue was 26 percent higher in May than a year ago, when river casinos were forced to close by ...

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Philadelphia now largest city in U.S. with casino

PHILADELPHIA — Philadelphia took the title yesterday of largest U.S. city with a casino when Pennsylvania’s 10th gambling hall opened despite years of community protests and delays. SugarHouse Casino drew a raucous crowd of well over a thousand people to the Delaware River waterfront for a chance to play among its 1,600 slot machines and 40 table games. A string ...

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Louisiana's casinos see fewer winning hands

BATON ROUGE, La. — Winnings from gamblers at Louisiana’s state-licensed casinos dropped in August. State police report that the 13 riverboats, Harrah’s downtown New Orleans casino and the four racetrack casinos won $193.4 million last month. That’s down from 2.4 percent from $199.8 million in August 2009. The tally dropped 11.9 percent from $219.4 million won in July 2010. July ...

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