Monthly Archives: May 2015

14 in St. Paul charged in Thai lottery gambling operation

The charges resulted from a years-long investigation into reported gambling activities at the Sunrise Market, 995 W. University Ave. Investigators’ search of the building in December netted several arrests and “thousands of dollars in currency, as well as Thai lottery tickets, receipts, lottery books, and numerous other items of gambling paraphernalia,” according to criminal complaints. While the Thai lottery is legitimate in Thailand, it’s illegal in Minnesota.

NYX Gaming Group Extends Poker Distribution Agreement with Scientific …

In addition, NYX and Scientific Games Interactive have signed an agreement under which NYX will distribute content from the SG Interactive Bally , Shuffle Master , Barcrest and Williams game studios in online wagering formats to its regulated NYX OGS partners worldwide. , EVP Business Development for NYX Gaming Group Ltd., commented, “Our free-to-play poker model positions our company for changes in regulation.

WSOP Saturday Day Four Wrap Up: Wang Wins $5K and Colossus Tops 10K Players in First Two Flights

Friday saw the first two flights of the Colossus played out, and as expected, the tournament halls at the Rio were filled to capacity with eager poker players, many of whom were getting their first WSOP experience. The day also saw the first bracelet awarded in an open event and the $3,000 Shootout played down […]

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Poker Pro Pratyush Buddiga Spells Trouble for the Competition

Pratyush Buddiga is unlikely to be fazed by the competitive pressure of the now up-and-running WSOP, or by the media circus that descends on the Rio for the next six weeks. That’s because 26-year-old from Colorado fortified his nerves at a tender age on the spelling bee circuit, winning the Scripps National Spelling Bee as a […]

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Largo man wins $2M in Powerball

Largo man wins $2M in Powerball A Largo resident won $2 million in the Powerball drawing on May 20. Check out this story on wtsp.com: http://on.wtsp.com/1HBbn4c Louis Reyes, 60, won with a quick pick ticket he bought at the Publix store, at 10411 Ulmerton Road in Largo. Louis Reyes, 60, won with a quick pick ticket he bought at the Publix store, at 10411 Ulmerton Road in Largo.

GAMBLING AND THE LAW®: Is This Rule Really Necessary?

When hotel-casinos first opened in Atlantic City, operators found themselves wrapped up in red tape.

Every time they filed a petition with the New Jersey Casino Control Commission, they had to deliver 17 separate copies.  This was before email, so some poor secretaries had to physically photocopy, collate and staple 17 separate packets, plus a few more for the companies’ executives and lawyers.

And hotel-casinos had to file lots of petitions.  Everything was regulated.  Restaurants had to get permission from the NJCCC if they wanted to move kitchen equipment.  Casinos all had to use the same color felt on their gaming tables.  Advertisements had to be pre-approved, and could not mention certain information, like the payout odds on slot machines.

Somebody finally asked the regulators what they did with those 17 separate copies.  The NJCCC looked into it, and admitted that they did not know where they all went.  So the 17 copies rule was dropped.

Ratings firm leaves grades unchanged for Wynn, Sands and MGM

Fitch Ratings analysts say they aren’t changing ratings for Wynn Resorts Ltd., Las Vegas Sands Corp. and MGM Resorts International despite a worse than expected situation in the lucrative Asian-gambling enclave of Macau that has dragged down finances. The ratings firm said Friday that they believe the three casino-hotel companies can withstand the pressures of Macau’s downturn which has been a result of a government crackdown on corruption leading to fewer high-roller gamblers visiting casinos.