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9/17/09 - The holiday month of August - traditionally a busy time for Atlantic City gambling - does not appear to have provided relief for the hard-pressed New Jersey land casino industry.
Latest official figures show a continued decline in revenues, with the month of August 2009 16 percent lower than August 2008 - that equates to a loss of some $2.5 billion in casino profits for the gambling mecca.
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Atlantic City is home to eleven casinos and every one of them reported a decline in profits. The Tropicana resort fared best with the lowest slide of 6.9 percent. The Trump Plaza Hotel and Casino was at the other end of the scale with a reported 30 percent slide from last summer.
Analysts characterised the decline as one of the largest yet in the troubled recent history of the recession hit business, blaming the economic climate but also pointing to other factors such as poor resort maintenance, anti-smoking laws and the continued rise in online gambling despite government attempts to stifle the pastime, where the gambler does not have to travel to play.
Cryptologic 14 top games to be provided to Loto-Quebec -
02/08/2012 : The companies have signed a multi-year agreement that will see Cryptologic providing a portfolio of quality games to the Societe du jeu virtuel du Quebec, the online gaming division of the provincial state lottery corporation Loto-Quebec, known as Espacejeux.
Utah : Online Gambling : HB108 -
02/08/2012 : An intrastate attempt by Utah politician Stephen Sandstrom to introduce state legislation banning any legalisation of internet gambling has failed at the start gate.
MORE U.S. DISCUSSION ON INTERNET GAMBLING DUE THIS WEEK -
02/08/2012 : Interest in online gambling in the United States is set to continue on Thursday this week when the US Senate Committee on Indian Affairs meets to hear the views of a wide cross section of interested parties on the possible impact of legalised internet gambling on tribal gaming.
Judge wont dismiss DoJ Black Friday charges -
02/08/2012 : Former Utah banker John Campos and e-processor Chad Elie, who face charges relating to the payment processing of online poker transactions, suffered a setback Tuesday when a Manhattan judge refused to allow their motion for dismissal of Black Friday indictments against them.
ANOTHER MAJOR INTERNET GAMBLING BUST IN MALAYSIA -
02/08/2012 : Police units in Malaysia raided a series of premises in a week long anti-online gambling operation, seizing 225 computers and detaining 47 men, according to reports from the Bernama news agency. All of the detained men were later released on bail.
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