LAS VEGAS (AP) — A gambling industry group says it’s drafted a first-of-its-kind guide to help casinos prevent money laundering. The American Gaming Associationreleased its best practices Thursday to help casinos and Internet gambling sites comply with anti-money laundering laws. Casinos generally have their own plans but the group says there hasn’t been an industry-wide guide until now. Among […]
Washington, DC –The American Gaming Association (AGA) today released a comprehensive set of Anti-Money Laundering (AML) Best Practices to guide the efforts of casinos to protect the U.S. financial system and our national security from money laundering and other forms of illicit finance. The AGA’s Best Practices for Anti-Money Laundering Compliance are the result of more than a […]
Springfield intends to hire 58 new police and firefighters in the coming months, and is banking on funding from the MGM Springfield to see that the city will continue to be able to afford them into the future. Mayor Domenic J. Sarno, in a press conference at Police Headquarters on Pearl Street, announced the city will hire 30 […]
Baton Rouge’s three riverboat casinos brought in more money in October than they did the year before, with all the properties posting gains over 2013 figures. The riverboats brought in nearly $21.8 million in October, compared with almost $21.4 million in October 2013, a 1.9 percent gain, according to figures released Thursday by State Police. […]
Maine’s two casinos support nearly 1,500 jobs in the state, pay about $83 million in taxes, and last year had a total economic impact of $227 million, according to a study released by the American Gaming Association on Thursday. “This research reveals a vast industry that boosts local communities across Maine by supporting jobs and […]
Ohio’s casinos and racinos were responsible for $2.2 billion of the state’s economy in 2013, according to a new study commissioned by the American Gaming Association. And that number is expected to increase this year with the opening of additional racinos. The gambling venues were responsible for about 7,500 jobs and generated $672.5 million in […]
(AP) — A new report funded by the American Gaming Association says Maine’s two casinos have created nearly 1,500 jobs. The report conducted by Oxford Economics suggests Maine’s unemployment rate would rise from 5.8 percent to 6.4 percent without the casinos in Oxford and Bangor. The figure of 1,500 jobs includes about 800 direct jobs, […]
By: Haley Viccaro Casino gaming contributes $3.6 billion to New York’s economy and supports about 14,600 jobs in the state,according to a study conducted by Oxford Economics and released by the American Gaming Association. The gaming industry also generates $1.3 billion in tax revenues to local, state and federal governments, according to the study. Nationwide, casino […]
Washington, DC –American Gaming Association (AGA) President and CEO Geoff Freeman released the following statement today after NBA Commissioner Adam Silver penned an op-ed on sports betting in the New York Times: “Legal, regulated sports betting protects the integrity of casino games and the consumers who partake in them. In some cases, sports books in Nevada have even notified […]
In the spirit of Veterans Day, two Las Vegas casino companies recently announced major charitable contributions to the military community. MGM Resorts International said today it’s committing $250,000 to the Nevada Military Support Alliance to build a house that will host families of patients being treated at the Southern Nevada Veterans Affairs Medical Center in […]