Archive for April, 2009

MGM Mirage Looks To Sell Off Major Casinos

The decision to sell comes from intense pressure to raise capital to fund MGM’s $8.6 billion City Center development in Las Vegas as well as…

Frank’s Internet Gambling Bill To Be Introduced In April

Chairman Frank plans to set forth Internet Gambling Regulation and Enforcement Act, as a “stand-alone bill” and not attached to any other resolution in an effort to fast-track his legislation…

Former Online Gambling CEO Pleads Guilty To Racketeering

Carruthers told the court that he was recruited in 2000 by BetOnSports’ founder Gary Kaplan and initially did not believe online gambling to be illegal…