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Caesars Entertainment Corp. Offers $4 Billion to CEOC Creditors, as Bankruptcy Drama Continues in Chicago

Caesars <a href="" class="more-link"><span aria-label="Lanjutkan membaca Caesars Entertainment Corp. Offers $4 Billion to CEOC Creditors, as Bankruptcy Drama Continues in Chicago">(lebih…)</span></a>


Massachusetts Gaming Commissioner Facing Ethics Research

Massachusetts Gaming Commissioner Facing Ethics Research

Stephen Crosby is facing an ethics research over his actions during the approval associated with Wynn Resorts casino in Everett.

The Massachusetts casino licensing process happens to be fraught with legal actions, accusations and campaigns for and against every proposed project, making it one of the most contentious gaming expansions seen anywhere in the united states of america.

The controversies over allowing casinos within the state have seemed to come at every level, and even the state's gaming commission isn't resistant from questions about the process.

Massachusetts Gaming Commission Chairman Stephen Crosby is under research by the State Ethics Commission over allegations which he may have had a conflict of great interest when reviewing the Wynn Resorts proposal to construct a resort in Everett.

The issue is that the Everett resort had been constructed on land that was owned by an old friend of crosby's, Paul Lohnes.

Sworn Statement Prompted Research

Apparently, the ethics payment launched the inquiry after finding a sworn statement suggesting that Crosby 'actively participated' into the state video gaming commission's work with evaluating the Everett bid even after he had officially recused himself from being an integral part of the procedure to award the Greater Boston casino permit.

'Crosby actively took part in the commission's activities related to the award after claiming to have recused himself,' the (lebih…)


Alabama Senate Committee Approves Gambling Expansion

Alabama Senate Committee Approves Gambling Expansion

Del Marsh believes gambling revenues are the best way to balance Alabama's spending plan.

An Alabama casino gambling bill narrowly passed away through committee week that is last giving the legislation the chance to be heard by the complete State Senate.

The bill, known as SB 453, passed through the Tourism and Marketing Committee by a five to three vote on Thursday.

The bill is built to assist produce new income for the state in two ways.

First, it would develop a state lottery that could be regulated by the Alabama Lottery and Gaming Commission.

Bill Would Allow for Four Gambling Enterprises

Perhaps more dramatically, that commission would additionally be charged with overseeing the introduction of casino gambling in the state.

Such operations will be permitted at four horse racing tracks throughout the state, the first time casino games like slot machines, blackjack, as well as other dining table games could be permitted in the state.

The bill, which would amend the state constitution, was introduced earlier in the day this thirty days by Senate President Del Marsh (R-Anniston). He said that because of the continuing state requiring an influx of revenue, he would rather see that money come through legalized gambling than with a tax increase.

'This is a big piece of legislation, a very piece that is controversial' Marsh stated at a general public hearing regarding the bill held Tuesday. 'But I think it's an optio (lebih…)