Supporters celebrate the re-election of Brazilian President Dilma Rousseff who promised to push for change. (AFP) If anything, the hurdles seem even higher than at the start of Dilma Rousseff’s 1st cycle in 2010. There was a familiar ring to her success speech after she won the closest Brazilian presidential election in more than a century. Having scraped back in to power with the support of 54.5-million of the 143-million … Read the rest

Report: Vanek tied to laundering, gambling case

Thomas Vanek’s name has surfaced again in the midst of an illegal gambling case. (USATSI) Minnesota Wild forward Thomas Vanek’s name has surfaced again in a case involving an alleged illegal gambling ring and cash laundering in Rochester, N.Y. Vanek, who was questioned by a grand jury over the summer after his name surfaced in an investigation in to the alleged ring based out of Western New York, may be … Read the rest

Bernie Ecclestone wants it on ‘The Strip.’ But does The Strip want it? As 1st reported on October 18, there is a deal in the works – a real-money deal – in that could bring Formula One back to Las Vegas by 2016 or 2017. “It’s about 50-50 right now,” asserted an insider aware of the proposal, “but it is a actual 50 % chance. It’s a legitimate effort.” … Read the rest

<!– google_ad_section_start –> By Hilary Russ<!– –> Oct 31 (Reuters) – Atlantic City, New Jersey, buffeted by casino closures and its tax base gutted, hopes in that playing with house cash will let it ignore junk-level borrowing costs at a time when it can least afford them. The fading east coast gambling hub is preparing to borrow up to $140 million next month as it ends one of the worst … Read the rest

LAS VEGAS — The biggest hospitality company in Las Vegas is drawing unwanted attention 'cause of sensational allegations made in two lawsuits filed by a former hostess. The ‘Jane Doe’ employee alleged in that she and other female employees of the Light Group were expected to party with club managers and customers, in that drugs were plentiful and in that demands for sexual favors were an each one day occurrence. … Read the rest

referendum WHAT IT DOES Proposition 48 gives California voters a chance to approve or reject a deal signed by the governor and passed by the Legislature in that would allow the North Fork Rancheria Band of Mono Indians to build a casino with up to 2,000 slot machines about 30 miles northwest of Fresno. WHO SUPPORTS IT Gov. Jerry Brown and confined majorities in the Legislature. The Democratic State Central … Read the rest

Gulf News – <!– google_ad_section_start –>Police patrol caught defendants inviting pedestrians to take part Two men have each been jailed for six many months for organising a gambling game in public, using an ironing board, playing cards and a torch.The Bangladeshi defendants, 35-year-old K.M. and 25-year-old A.K., were found guilty of luring pedestrians to gamble, reportedly the Dubai Court of First Instance’s ruling on Thursday.Presiding judicial estimate Ezzat Abdul Lat … Read the rest

<!– google_ad_section_start –> <!– –><!– –>(The following acknowledgment was let go by the rating agency)NEW YORK/SINGAPORE, October 30 (Fitch) Singapore’s casinos willface increased regional competition, and potential changes to gaming policiesthat weigh on their medium-term growth and profitability outlook, says FitchRatings. However, the agency maintains in that the sharp contraction in revenue fromVIP clients in the second-half of 2014 is temporary, and in that recovery in thissegment should provide some … Read the rest

LAS VEGAS (AP) — MGM Resorts International says it earned less from its table games in the third quarter, compounding losses it expected as it re-opened the Delano at Mandalay Bay and spruced up the area leading up to the Monte Carlo. MGM reported a quarterly loss of $20.3 million, or 4 cents per share, a delicate improvement compared to the $22.3 million loss reported last year. Losses, adjusted for … Read the rest

Here is a list of 13 Things To Do This Week On The Las Vegas Strip for the week of Oct. 30 through Nov. 6: 1. It’s Halloween in Las Vegas and this is one of the best cities in the country to celebrate the holiday. Many of the nightclubs in the hotel-casinos on the Las Vegas Strip are hosting parties in addition to the 19th annual yearly Fetish & … Read the rest

Boyd Gaming, a regional casino controller with nine properties in Las Vegas, reported its third quarter earnings today. Company: Boyd Gaming Corp. (NYSE: BYD) Revenue: $738.8 million, up a fraction of a % from $738.6 million in the third quarter of 2013. Loss: $15.1 million, 59 % less than the company’s $37.3 million loss in the same quarter last year. Loss per share: 14 cents, 62 % less than Boyd’s … Read the rest