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Slot Machine Player Forced to Forgo $42 Million on Faulty Machine

A New York woman is not celebrating this weekend after winning $42 million on a slot machine that was only supposed to payout $6,500. Katrina Bookman was at the Resorts World Casino in New York City in August when she stumbled into every slots players' dream, a $42 million jackpot off a single pull. Bookman…

NJ Congressman Calls for Total Revamp of US Gambling Laws

New Jersey Congressman Frank Pallone is getting ready to introduce a bill that would massively reshape the nature of US gambling laws. Pallone's proposed measure would do everything from legalize sports betting to undoing PAPSA. The big question now is whether or not he's got the political juice to push his bill through America's most…

Black Friday Lives: Former PokerStars Employee Pleads Guilty to Illegal Gambling

Late last week, a former PokerStars employee plead guilty to a single illegal gambling charge that date back to the Black Friday investigation of 2011. Paul Tate, 42, stated his plea to U.S. Magistrate Judge Barbara Moses in a New York court room. Tate is now facing a sentencing in the case on November 21…

Pennyslvania Poker Rooms Rake in $4.9 Million in August

If you want a quick snapshot of the changing dynamics of the US land-based casino market, look no further than the August revenue from Pennsylvania's booming poker rooms. The Keystone State's 10 poker rooms took in approximately $4.9 million in revenue during the month of August. While the action on the state's 226 tables was…

Illinois Judge Says: 'Game of War Losses Do Not Count as Gambling Losses'

An Illinois ruled last week that player losses incurred while playing in-app casino games on Game of War do not qualify as gambling losses. The ruling is a major victory for mobile app makers who rely on the revenue those casino games generate. Judge Robert M. Dow Jr. a Federal Judge based in Chicago issued…

Daily Fantasy Sports Sites Plot Return to Nevada

Daily fantasy sports giants DraftKings and FanDuel are plotting a return to the regulated Nevada market with a proposal to introduce a new, "fantasy gaming license." The proposal was presented earlier this week to the Nevada’s Gaming Policy Committee and was fairly light on details. At its core, the idea is that daily fantasy sports…

Hustler Casino Sued Over 'Lucky Lady' Name

Hustler publisher Larry Flynt is being sued by the Isle of Capri Casinos, Inc. over his use of the term, "Lucky Lady Casino" on his recently opened Los Angeles casino. The card room and casino is officially known as, "Larry Flynt's Lucky Lady Casino," but that distinction is not good enough for the Isle of…

Chris Christie Looks to Take Sports Betting Fight to Supreme Court

New Jersey Governor, and failed GOP presidential candidate, Chris Christie is ready to take his state's fight for legalized sports betting to the highest court in the land. During an appearance on the Boomer & Carton sports-talk radio show, the embattled Governor expressed his frustration with the US Justice Department and his desire to have…

Trump Taj Mahal Casino Closing After Month-Long Strike

Running a successful land-based casino is never as easy as it might sound, even if you're a billionaire; just ask Donald Trump and Carl Icahn. Both men attempted to turn Atlantic City's Taj Mahal Casino into something other than a money pit and failed. Late last week officials at Icahn Enterprises would be closing the…

Daily Fantasy Sports Giants Dial Back Ad Buys

Last fall the US-facing daily fantasy sports industry blitzed the American airwaves with an unprecedented volume of advertisements. Americans simply couldn't turn on a radio, television or computer without seeing an ad for FanDuel or DraftKings. That definitely won't be the case this year. According to a report in the Wall Street Journal, both companies…