• Showing 631-640 of 742
    Gambling association releases first-of-its-kind money laundering report

    Monitoring casino floors for potential money-laundering is a full-time job for the American gaming industry. Casinos, like banks and other institutions that deal with a lot of money, are required by law to vigilantly look out for financial transactions that may be illegal. And a first of its kind report from the industry’s Washington, D.C.-based […]

    Study: Colorado gamblers’ ante stirred $1.5B in 2013 economic activity

    Visitors to Colorado’s 39 casinos in three mountain towns fueled $1.5 billion of economic activity in 2013. A study by Oxford Economics released Thursday — part of a state-by-state survey of gambling’s economic impact by the American Gaming Association — showed Colorado’s non-tribal casinos supported more than 10,000 jobs and generated $342 million of state and local tax revenue […]

    Gambling group drafts anti-money laundering guide

    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 […]

    Local municipalities reaping early casino benefits: Editorial

    Advocates of the MGM Resorts International casino in Springfield might suggest that benefits to outlying communities should be based on how heavily their voters supported the project in November. That is not how the money is apportioned, of course. Surrounding cities and towns will begin receiving financial aid related to the impact on them, as required by […]

    Casinos come up big for United Way

    NIAGARA FALLS — When it comes to any casino, or gaming in general, there really isn’t such a thing as a “sure bet.” Associates at the city’s two casinos — Fallsview Casino Resort and Casino Niagara — and the United Way of Niagara Falls and Fort Erie may beg to differ, however. When the dust […]

    BR casino market posts gains in Oct.

    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. […]

    Study finds Maine’s casinos had $227 million economic impact in 2013

    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 […]