New Jersey began allowing Internet gambling on Tuesday in a much-watched bet that there are untapped sources of revenue on bedside iPads and cubicle desktops, and even among people checking their phones while they wait in line for coffee.Gambling analysts say it is the most significant development since casinos opened… Continue reading
MADRID — Sheldon G. Adelson, the billionaire casino magnate, on Friday abandoned his plans to build a $30 billion gambling and leisure resort on the outskirts of Madrid after failing to win financial concessions and other favors from the Spanish government. The decision by Mr. Adelson’s company, Las Vegas Sands,… Continue reading
BOSTON — When Massachusetts finally gave in after decades of resistance and decided two years ago to legalize casino gambling, it seemed a relatively easy way to fill the state’s recession-battered coffers. Some of the nation’s biggest casino operators, including Caesars Entertainment, MGM Resorts International and Wynn Resorts, rushed in… Continue reading
Singapore’s tourism receipts doubled to $18 billion within two years of opening the Marina Bay Sands and Sentosa casino resorts in 2010, and visitor arrivals jumped nearly 50 percent. Lured by Singapore’s success, the Taiwan Legislature could soon allow the opening of casinos. And Japan, with an official goal of… Continue reading
