2009 October 12 Gambling News, Events and Happenings

The arrests of three suspects in fraudulent slots payouts totaling almost $430,000 show that “the house” does always win in the end. But it must do a much better job of protecting itself against such crimes.

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One definition of small consolation in the dictionary of business terms could be: A year after a meltdown, your comparable figures will look good. So it is with the Missouri casino business, whose September revenues were up 6.8 percent from a year ago, when the financial meltdown affected most of the economy including gambling.

Oct. 13 (Bloomberg) — Billionaire Stephen Wynn said Macaus plans to ban slot machines from residential areas and raise the casino age limit will improve the citys gambling industry and wont hurt earnings at his Wynn Macau Ltd.

Oct. 13 (Bloomberg) — Macaus plans to limit slot machines in residential areas and impose age restrictions on gambling will not hurt earnings at Wynn Macau Ltd.

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