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Tag Archives: gambling

Republicans favor new federal regulation on sports gambling

House Republicans strongly favor new federal regulations on sports gambling after the Supreme Court allowed states to open sports books. At a hearing of a House Judiciary subcommittee, GOP members expressed concerns Thursday about advertisements and online gambling platforms targeting minors, as well as the potential for match-fixing. “For Congress to do nothing is the worst possible alternative,” said Rep. ...

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Group asks Arkansas court to strike casinos ballot measure

A group asked Arkansas’ highest court on Monday to disqualify a ballot measure that would legalize four casinos in the state, claiming the proposal’s wording is ambiguous and misleading to voters. The group, Ensuring Arkansas’ Future, asked the state Supreme Court to not cast any votes on the proposed constitutional amendment that election officials approved last week for the November ...

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Mississippi says $9.8 million wagered on sports in 1st month

Mississippi officials say gamblers bet $9.8 million on sporting events from Aug. 1 through Labor Day. State Gaming Commission Director Allen Godfrey says that’s the total amount bet in the first 34 days of wagering in Mississippi. Casinos earn about 5 percent off bets, and Mississippi gets an 8 percent tax on the casino’s take. Sports betting has now expanded ...

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Caesars launching sports betting in Mississippi, New Jersey

Two Atlantic City casinos owned by Caesars Entertainment will start taking sports bets this week, and another two in Mississippi will do so in mid-August. Caesars Entertainment tells The Associated Press its Bally’s casino in Atlantic City will start taking sports bets at 11 a.m. Monday. Its sister casino in Atlantic City, Harrah’s will start taking sports bets on Wednesday. ...

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Mississippi regulators could approve sports betting rules

Mississippi gambling regulators are set to vote today on whether to approve final rules allowing sports betting, clearing the way for sports books to open in the state’s 28 casinos in July. The state Gaming Commission has placed the rules on its agenda for consideration Thursday. Commission Executive Director Allen Godfrey said commission staff will propose some slight tweaks to ...

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3 Mississippi Choctaw casinos plan to offer sports betting

Three casinos run by the Mississippi Band of Choctaw Indians will offer sports betting, but tribal leaders haven’t said when it will start. Betting will be available on collegiate and professional sports, including horse racing, Tribal Chief Phyllis J. Anderson said in a news release this week. The tribe has two casinos, the Silver Star and the Golden Moon, outside ...

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Mississippi casino revenue fell 2 percent in 2017

Casino revenues fell in 2017 across Mississippi, as slight gains by Gulf Coast casinos couldn’t overcome continued declines at gambling halls along the Mississippi River. State Revenue Department figures released this week show statewide revenue fell 2 percent for the year to $2.08 billion, down more than $40 million from 2016. December was better, with gamblers losing $176 million statewide, ...

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Developers appeal rejections of Mississippi casino sites

Developers are appealing denials of two casino sites on the Mississippi Gulf Coast. Jacobs Entertainment wants to build a casino in Diamondhead, while RW Development seeks to build one in Biloxi. The Mississippi Gaming Commission on March 16 rejected both sites. Such approval is a key step in getting a casino licensed in Mississippi. In its appeal, Jacobs says Gaming ...

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Penn National Gaming to buy 2 Tunica County casinos for $44M

Bally’s Casino Tunica and Resorts Casino Tunica are changing hands. Penn National Gaming of Wyomissing, Pennsylvania, said Tuesday that it will pay $44 million to buy the two Mississippi gambling halls, which had been handed over to creditors after bankruptcy. The company already owns three Mississippi casinos, including Hollywood Casino Tunica. Penn National CEO Timothy Wilmott says it will centrally ...

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