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18 August, 2013

Sheldon Adelson Takes to the Internet to Fight Online Gaming

Sheldon Adelson has made his thoughts on online gaming very clear in the past. The casino bigshot would likely lose a lot of money if online gaming were to become a reality. The casino king of the Las Vegas Sands Corp launched a website recently that goes indetail about his thoughts on Internet gambling. The website, stop Internet gambling.com features a video stating that he thought that Internet gambling would turn out to be one of the worst ideas. Paragraph

Adelson sstated that he thought that the expansion of gambling would be a societal train wreck, clearly worried about the prospect of online gaming as Nevada [...]

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15 August, 2013

Panel Urges For Increased Investigations Companies Operating In Macau

It is no secret that Macau has largely been regarded as the wild West of the gambling scene. Much like Las Vegas when it first started to grow, Macau has had problems with organized crime and as a result has already received an increase in scrutiny from the United States. Recently, members of a certain congressionally appointed advisory panel have stated that US regulators should put in increased amount of scrutiny into US companies that are operating in the Macau area.

The profits in Macau have been quite high, and although the area has buckled down on organized crime in recent years, there is still a large connection [...]

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13 August, 2013

Federal Investigation in Wynn Macau Donation Ends

Steve Wynn has been under investigation for a $135 million donation that was made to the Chinese gambling city of Macau. Yet been under investigation for quite some time by the securities and exchange commission, which ended its investigation without any type of action being taken against Steve Wynn. It had been expected that they would reach this decision after no more information was released about it in recent months, but there have been some rumors that the Securities and Exchange Commission had been looking at available options four different ways in which they could approach the investigation.

The announcement [...]

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10 August, 2013

Gaming Control Board Enforcement Division Head To Retire

The head of the gaming control board’s enforcement division is planning on retiring. Jerry Markling is was the head of the unit that investigates criminal activity and regulation violations throughout the Las Vegas Nevada area. He announced his retirement last week, and has been employed by the board for more than 20 years. He has worked for his current division of the board for the last eight years. He has played a key role in helping the division to appropriately monitor criminal activity in a region that was once littered with organized crime.

He has been working in gaming activities and recommended potential [...]

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