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Pennsylvania Gambling Bill Runs Into A Snag In House

Posted on April 28th, 2011 By Stephen Greene

The session of the state House of representatives came to an unexpectedly sudden close Tuesday afternoon as legislators delayed voting on a gambling bill for the state. House Speaker Keith McCall, D-Carbon and House Majority Leader Todd Eachus, D-Luzerne did not pause to oblige reporters on the reason for the set back. But the chief [...]

No Help Seen For Horse Industry After Election

Posted on April 28th, 2011 By Jared Lim

The ailing horse industry of Kentucky is at its wit’s end trying to come up with a plan on how to press forward a legislation allowing slot machines at racetracks after the defeat of the Democratic candidate that it strongly supported in Tuesday’s special state Senate election. The industry was counting a lot on the [...]

Catholic Schools Stop Fundraising Through Gambling

Posted on April 27th, 2011 By Stephen Greene

The Catholiac Archdiocese of Edmonton is asking Catholic schools in the city through a formal policy to stop raising money by means of casinos. Catholic schools in Edmonton and in other cities and provinces have been raising funds through bingo and casinos. The money helps pay for the various needs of the different schools, like [...]

Icahn And Beal Bank To Jointly Reorganize Trump Casinos In Atlantic City

Posted on April 27th, 2011 By Jared Lim

Trump Entertainment Resorts Inc., severely affected by the economic downturn, has sought bankruptcy protection for its three casinos in Atlantic City since February, confident that it would soon come out of bankruptcy after some reorganization. The company has been burdened with debt and the situation was aggravated by the decline in the economy and the [...]

$47 Million Spent By Issue 3 Supporters For Campaign

Posted on April 26th, 2011 By Stephen Greene

According to the secretary of state’s office in Ohio, reports on campaign contributions showed that the entire campaign for issue 3 had cost its supporters more than $47 million. The money was provided by Penn National Gaming Inc. which is based in Pennsylvania and Dan Gilbert, majority owner of the NBA’s Cleveland Cavaliers and founder [...]

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