Caesars Entertainment has announced that they will be restructuring their business, in order to make room for additional equity. The matter went before the Nevada Gaming Control Board, which was approved and allow them to juggle their corporate structure in order to permit it to raise up to $1.5 billion in equity, in order to pursue future construction and developments on their properties. The company will have a lot more money in which they can work with, especially considering that they already own 30 casinos within the United States and countries outside of the United States as well. They currently own eight casinos in the Las Vegas area, and this [...]

Like many businesses, Ultimate Gaming would like to be one of the first companies to offer online poker and online gaming. They have been developing a system that they are hoping will be used by multiple states that will allow them to license the software to states that legalize online poker and online gambling. Ultimate gaming has been developing the software over the course of the last two years and has now put it through its initial testing runs, hoping to offer the first-ever fully legal gambling site located in the United States.

The testing was done through the Nevada Gaming Control Board, who looked at the [...]

A Las Vegas man was caught rigging slot machines in his own favor. It appears that there may be worse charges in store for him, as he may be added to Nevada’s Black book, which bars him from entering any casinos that are located within the state. Because of his nefarious information and activities, the belief is that he has shown a clear intention to break gambling machines in his favor. The thief, Larry Keith Green will not be allowed in any gambling business moving forward.

Deputy Atty. Gen. John Michaela told the board in Las Vegas that the individual has prior convictions as well. These prior convictions [...]

Although online poker has been a source of contention for many as of late, a bill legalizing online poker was recently introduced. It was introduced by Rep. Joe Barton, a Texas Republican that introduced a bill in Congress on Thursday. This would pave the way for states to be able to legalize online poker without having to worry about federal intervention in the matter. There have been a number of different online poker related bills that have been launched in recent years, and as a result many are expecting online poker to become legal at some point this year.

This was the second bill that was introduced this year. [...]