With the legalization of online gambling in the U.S., European gambling firms see a huge opportunity.» Read More
WASHINGTON, May 17- Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday. A handful of states, including Illinois, Delaware, Indiana, Wisconsin, Mississippi and New Hampshire saw their jobless rates rise over the year.
May 17- New Jersey announced another step on Friday that will bring it closer to launching online gambling, with plans to publish proposed regulations for Internet wagering on June 3.
CARSON CITY, Nev.-- Permits allowing Nevada livestock owners in drought stricken areas emergency access to water moves closer to law with an Assembly committee's nod of approval. It's a response to a system flaw revealed last year when ranchers tried to get water for their livestock during a drought in northeastern Nevada.
LAS VEGAS-- Nevada regulators have approved Pinnacle Entertainment Inc.' s buyout of rival Ameristar Casinos Inc.. Pinnacle Entertainment Inc. has said the acquisition would save it at least $40 million a year and boost earnings. Ameristar's holdings include casinos in Missouri, Iowa, Colorado, Mississippi, Indiana and Nevada.
ALBANY, N.Y.-- The Oneida Indians on Thursday signed a deal with Gov. Andrew Cuomo's administration and local governments that would guarantee them exclusive territory for their central New York casino in exchange for revenue payments to the state of around $50 million annually.
A New York Federal Reserve report suggests that college grads swamped by debt may be victims of forces greater than their willingness to pay.
CONVERSE COUNTY, Wyo.-- Wind farms in this corner of Wyoming have killed more than four dozen golden eagles since 2009, one of the deadliest places in the country of its kind.
HONG KONG, May 15- Hong Kong shares could start steady on Wednesday, with the Macau casino sector in focus after Galaxy Entertainment posted a record first quarter adjusted EBITDA of HK $2.8 billion. *Macau casino Galaxy Entertainment Group Ltd said it booked a record first-quarter adjusted EBITDA of HK $2.8 billion, up 29 percent from a year earlier.
May 14- Billionaire investor Daniel Loeb likely faces an uphill battle to convince Sony Corp to embrace his proposal to spin off its entertainment arm, but he likely already holds a winning hand in his bet on the Japanese electronics giant. Loeb and investors in his hedge fund Third Point Offshore are already reaping the benefits of a well-timed move into Japan.
LOS ANGELES, May 14- The Las Vegas Sands Corp said a Nevada state court had awarded Hong Kong businessman Richard Suen $70 million after he sued the company claiming it had failed to make good on a promise to pay him for helping it get permission to operate a Macau casino. Sands has said it won the Macau license without Suen's assistance.
NEW YORK/ WASHINGTON, May 12- When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether he would be able to sell his home quickly. It took just three days.
LAS VEGAS, May 10- In Las Vegas this week, hedge fund investors rubbed shoulders with big-name managers, Hollywood heavies and political swells against a Bellagio hotel backdrop of glitz and gambling.
JERUSALEM, May 10- He was once celebrated for his vast fortune and daring deals, but when Israeli tycoon Nochi Dankner was about to catch a break from the bank on his massive debts, public outrage kicked in.
NEW YORK, May 9- Three long-time favorites of the short-selling crowd are making those investors eat crow, as Tesla, Barnes& Noble and Green Mountain Coffee are racking up big gains, making an already painful year for contrarian investors even worse. Barnes& Noble shares rose 24 percent on reports of a possible acquisition of some of its assets by Microsoft.
LONDON, May 9- U.S. solar module maker and project developer First Solar illustrates wider industry efforts to secure new markets in a shift away from the United States and Europe.
The advocacy group created by Mark Zuckerberg and others to push for immigration reform has bankrolled TV ads endorsing some conservative stands, prompting an outcry from liberals.
NEW YORK, May 9- Foreclosure activity fell in April to its lowest level in more than six years, the latest sign the recovery in the housing market is on track, a report from RealtyTrac showed on Thursday. It was the lowest level since February 2007.
CARSON CITY, Nev.-- A Republican contingency plan to raise taxes on Nevada's gold and silver mine operators and a Democratic proposal to tax admissions to entertainment events are expected to be introduced soon in the Legislature, signaling the beginning of the end game as lawmakers troll for dollars with less than a month to go in the 2013 legislative session.
AB77, sponsored by Assembly Minority Leader Pat Hickey, R- Reno, would establish a cooling-off period for state lawmakers, barring them from lobbying at the Legislature until after the next regular session following their exit from office.
Four years after his death, the pop star's estate has delivered another first: Jackson is now the only person, place or thing to have inspired two Cirque du Soleil shows. The Montreal- based acrobatic-theater company presented a sneak peak of its new Jackson tribute show, "One," at the Mandalay Bay hotel-casino in Las Vegas on Tuesday.