Sahara Becomes Latest Victim Of Gambling Industry Meltdown

The Sahara Hotel and Casino in Las Vegas will become the latest victim in the gambling industry meltdown that has occurred since the economic recession. The Sahara will close their doors for good in May. more

Even When Profits Decline, Gambling Pays Off In Florida

Gambling opponents will have a hard time proving their point when figures come out like the ones just released in Florida. Lottery gambling is down tens of millions of dollars, but the lottery still contributed $1 billion to education. more

BYU Basketball Team May Still Be Betting Factor In NCAA Tournament

For gamblers that thought the BYU basketball team would be a betting trap after center Brandon Davies was thrown off the team, the Cougars showed Friday that they may still be a betting factor in the NCAA Tournament. more

Study Indicates Online Sports Betting Is More Addictive Than Poker

The University of Sydney has released the results of a study that indicate that problem gambling in Australia is being fueled more by online sports betting than poker. more

Daylight Savings Time Will Cost Casinos An Hour Of Gambling

Daylight savings time is a time for joy at casinos in the Fall, but in the Spring, the loss of an hour can mean the loss of millions of dollars for casinos around the US. more

PokerStars backs Online Gambling Bill In Nevada

PokerStars, one of the biggest online poker sites in the world, has lobbied successfully to have online gambling legislation proposed in the state of Nevada. more

Big Ten Tournament Has College Basketball Gamblers Interested Today

College basketball betting is about to reach its high point with the NCAA Tournament just a week away, but this weekend the gamblers will be focusing on the conference tournaments. more

WSOP Cannot Come Soon Enough After Las Vegas Strip Revenue Falls

After a couple of positive months, Las Vegas Strip casinos took another step back in January, with revenue dropping by almost three percent. The decrease has casino officials yearning for May and the World Series of Poker. more

Weather Affecting Casinos As Horseshoe Closes Down In Indiana

The weather this winter has caused grief for many casino executives and on Thursday Mother Nature continued to wreak havoc on the gaming industry when Horseshoe Southern Indiana casino was forced to close due to flooding. more

Jim Tressel Fallout Has Sports Books Eyeing The Buckeyes

Every year in the college football off season, one team pops up with a scandal that could change their betting odds for the next season. This year, that scandal is taking place in Ohio with coach Jim Tressel. more

NBA Gambling Heads For Home With Heat Floundering, Lakers Surging

NBA gamblers are getting some unexpected curve balls throw at them as the season turns towards home. Most notably, the Miami Heat have cost gamblers money over the past couple of weeks with their five game losing streak. more

Illinois Casino Workers May Soon Be Exposed To Secondhand Smoke

For a while, lawmakers in Illinois pretended to be concerned about the health of employees in the state. Two new bills, however, are aimed at once again putting casino workers at risk of secondhand smoke. more

Nevada Gaming Control Board Calls Online Gambling Law Vague

A major partnership was formed between Caesars Entertainment and subsidiary companies of online gambling giant 888 Holdings. On Wednesday, the Nevada Gaming Control Board approved the business relationship and called the UIGEA, "vague." more

Pennsylvania Gambling Industry About To Become More Crowded

The Pennsylvania and Northeaster gaming industry is going to become more crowded after the Pennsylvania Supreme Court approved gaming at the Valley Forge Convention Center. more

Judge Tells New Jersey Lawmakers Sports Betting Laws Must Change

Judge Garrett E. Brown Jr. threw out a lawsuit aimed at overturning a federal ban on sports betting. The judge claimed in the ruling that New jersey must first legalize sports gambling before the lawsuit can move forward. more

Casinos Sharing High Rollers Show How Far The Industry Has Fallen

Pinnacle Entertainment and Wynn Resorts have reached an agreement that will allow high rollers from Pinnacle casinos to use their clout at Wynn casinos in Las Vegas. It is a move aimed at sharing gamblers who bet a lot of money. more

Ash Wednesday Fasting Keeping Gamblers Out Of US Casinos Today

Ash Wednesday fasting is causing gamblers to stay away from casinos across the US today, further hurting an industry that cannot afford to have slow revenue days. more

Casinos May Get More Preferential Treatment In West Virginia

Gambling has become such an important part of some state budgets that laws are being crafted to give casinos preferential treatment. In West Virginia, legislation is being pushed that would help modernize casinos. more

Hypocrisy Reigns Supreme In Cyprus With New Online Gambling Law

At a time when many jurisdictions are eliminating online gambling prohibition, Cyprus lawmakers are creating a law that shows the hypocrisy of some governments. more

Sleep Deprivation Leads To Confidence For Online Poker Gamblers

one of the major keys to winning in skill based gambling games is confidence. A new study revealed that sleep deprivation may actually increase a gamblers ability to believe they will win. more