2009 October 30 Gambling News, Events and Happenings

When you play a slot machine or video game, you enter into a contract with the casino. The payout table (or “glass”) on top of the machine spells out the coin payout for various symbol combinations.

Most businesses have been hit hard by the slumping economy, and that includes casinos. But a new casino has opened here in the valley, that the owners say is unlike any other casino in Arizona.

COLUMBUS - With Ohio voters set to vote on the third casino proposal in four years Tuesday, opponents flew a retired Michigan police detective to town Friday to discredit Dan Gilbert, majority owner of the Cleveland Cavaliers and principal developer behind casinos in Cincinnati and Cleveland.

HARRIS COUNTY, GA (WTVM) -  Two people face charges after a gambling bust in Harris County.

NEW YORK, NY–(Marketwire - October 30, 2009) - For the first time in history, millions of European sports betting enthusiasts will be able to place wagers on next week’s 2009 Breeders Cup race in Santa Anita through TVG, a subsidiary of Betfair, which will televise the race. But the big winner may be Play LA, Inc. ( OTCBB : PLLAF ), which will be Betfair’s primary online advertising partner …

Contracts between the members of United Here Local 1 and three Indiana casinosAmeristar in East Chicago, Majestic Star Casino in Gary, and the Blue Chip Casino in Michigan Cityare due to expire on Saturday, and a day from the deadline Local 1 says that the union and casinos remain far from settlement.

The company recorded net income of $30.6 million, or 53 cents per share, compared to $30.3 million, or 52 cents in the year-ago period.

A man was sentenced to 20 years in prison after a botched robbery at a poker game.

     The Oregon Lottery Commission voted unanimously today to let  bars and taverns keep their current cut of video gambling profits.     But citing public pressure, the commission backed off plans to offer six  year deals.  The panel cut the…