LeBron James and the Cavs are now the favorite to win the 2015 NBA title

(EPA) The Cleveland Cavaliers are on fire. They have won five of their last seven and are now the betting favorites to win the 2015 NBA title according to the latest odds from Bovada. “The highest we had the Cavs was 5-to-1, right now they are at 11-5,” explains Kevin Bradley, sportsbook manager at Bovada.lv. “The Eastern Conference is just so weak compared to West that even when they had … Read the rest

Pacquiao big hit so far in Vegas sportsbooks

<!– begin mod-article-title –> Updated: March 4, 2015, 12:22 PM ET Associated Press <!– end mod-article-title –> <!– begin tale body –> LAS VEGAS — Manny Pacquiao has always believed he can do what 47 other fighters before him have failed to do — beat Floyd Mayweather Jr. in the ring. Turns out a lot of other people are believers too. And they are backing their opinions with money. A … Read the rest

Floyd favored, but many bettors picking Pacquiao

<!– (S) –>Las Vegas— Manny Pacquiao has always believed he can do what 47 other fighters before him have failed to do – beat Floyd Mayweather Jr. in the ring. PACQUIAO Turns out a lot of other people are believers, too. And they are backing their opinions with real money. A flurry of early action on Pacquiao has already narrowed the odds for the huge fight in this city’s legal … Read the rest

2015 March Madness Events in Las Vegas

Looking for some March Madness fun fun around Las Vegas? Check out our list of happenings! Aliante Casino + Hotel + SpaAliante will celebrate the 2015 NCAA Men’s Basketball Tournament with food and drink specials available from Tuesday, March 17, through Monday, April 6. Fans cheering on their favorite teams at Aliante’s Race & Sports Book may take advantage of specials in addition to all bottled beers for $2 each; … Read the rest

Gambling bill a slap to the Seminoles

It’s one thing to introduce a splashy bill, quite another to make in that bill a law. So my early betting line on the ambitious Florida gambling overhaul unveiled by state Rep. Dana Young, R-Tampa, this week: A real longshot. The bill (HB1233) has about as much chance of passing as me winning this year’s World Series of Poker. It’s just too big, too broad, with too many competing interests … Read the rest

Macau Analyst Who Called Stock Drop Says It's Not Over

<!– (S) –> (Bloomberg) — The worst is yet to come for Macau casinos after February gaming revenue plunged the most on record, reportedly one of the few analysts who correctly predicted the stocks would fall this year. <!– –>Gaming revenue will keep sliding through mid-year and dividends will be cut as the cost of new capacity eats in to free-cash flow, leaving share valuations too expensive, asserted Jamie Zhou, … Read the rest

Growing competition, economy cost CT casinos $1.2B

March 4, 2015 Over the past eight years, the addition and expansion of casinos in Pennsylvania, New York, Rhode Island and Maine have contributed to a $1.2 billion decline (39 percent) in Connecticut casinos’ gross gambling revenue, reportedly a report let go Wednesday by gaming research firm Pyramid Associates. Between 2008 and 2014, Mohegan Sun and Foxwoods’ combined market share among the 10 Northeast states with casinos and slots parlors … Read the rest

“New Deal” Ad Details Unprecedented Gambling Expansion Proposed for Florida

<!– (S) –> <!– –><!– –>ORLANDO, Fla.–(BUSINESS WIRE)– No Casinos, Inc. has unveiled a new 30-second ad, “New Deal,” in that outlines the historic expansion of gambling proposed in House Bill 1233, which was introduced March 2, 2015 by Rep. Dana Young (R-Tampa). The video details how the bill benefits so many in the gambling industry, to the detriment of Florida and its citizens. Among the bill’s broad-reaching proposals: out-of-state … Read the rest

Casino Report: Foxwoods And Mohegan Face A Tough Future

Many in nearby states have all yet given up on Connecticut’s two casinos, reportedly a report let go this week. Massachusetts residents are spending about $400 million less at Foxwoods Resort Casino and Mohegan Sun than they did a decade ago. And visitors from Rhode Island are spending almost $200 million less. Half of in that spending dropped off due to the recession, yet the rest is still being wagered … Read the rest