(via International Business Times)
On Sept. 14, Floyd Mayweather will go for his 45th career win when he takes on Saul “Canelo” Alvarez in Las Vegas.
(via Huffington Post)
Americans have a right to demand that the Internal Revenue Service do its job without political bias. Yet today, the IRS has gone off the rails and decided political intimidation is part of the agency's mission. There is no question that Congress should investigate. Lawbreakers must be prosecuted. The scandal has even had a significant impact on Main Street: in ...
There’s been a lot of publicity lately for CEOs earning $1 in base salary – the likes of Larry Ellison at Oracle , John Mackey at Whole Foods and Meg Whitman at Hewlett-Packard , though it is only John Mackey who is restrained elsewhere in his package, the others can earn millions in stock and incentives. But at the other ...
Voters on Tuesday approved the host community agreement between the city and MGM Resorts International, a major victory for the company as it pursues a state gaming license for its proposed $800 million resort casino complex to be built in the South End.
The company owned by Japanese billionaire Kazuo Okada today said it will pursue its integrated casino resort project in the Philippines despite the Department of Justice's (DOJ) decision to sue him for violating the Anti-Dummy Law.
(via Business Insider)
If you want to measure the pulse of the global casino business, you have to have your eye on Macau. Or you can just keep tabs on Jason Ader.
Bets on horse races in Hong Kong are poised to exceed wagers at Nevada’s casinos for a second straight year, with the city’s sole legal outlet for gambling seeking to lure punters from neighboring Macau.
(via Big News Network)
Las Vegas gambling mogul Sheldon Adelson said he would delay the start of construction of a resort in Spain until smoking restrictions are lifted.
(via Daily Finance)
At its core, Caesars Entertainment is an extremely flawed company. It has a huge presence in the struggling regional gaming market, it has no exposure to gaming's biggest market, Macau, and it has $21.3 billion of debt strangling it. So how has it gained 130% this year, easily outpacing more profitable rivals?
(via Sporting News)
All the Las Vegas sports books had to do in July was skate through the lone month of the year where baseball stands as the only major sport bettors have to play daily. Baseball annually has the lowest hold percentage among all sports, which is why book directors collectively hold their breath and hope for the best when the NBA ...
(via USA Today)
This one stung. Anderson Silva suffered a humiliating knockout loss to Chris Weidman at UFC 162, one that ended Silva’s seven-year reign as middleweight champion.
(via International Business Times)
The annual Def Con hacking convention has asked the U.S. federal government to stay away this year for the first time in its 21-year history, saying Edward Snowden's revelations have made some in the community uncomfortable about its presence, according to a story from the International Business Times.
(via Boston Globe)
Melissa Yoakam jokingly calls her dog Shadow her ‘‘car payment’’ because she pays $250 a month for the 12-year-old’s cancer treatments. She'd pay far less if she had pet insurance, but she didn’t take advantage of it when Shadow was younger and when he got cancer it was too late. She uses her experience to convince colleagues not to make ...
Caesars Entertainment Corp. (CZR) gained the most in more than two months after the casino owner moved ahead with plans for an offering of as much as $1.18 billion in stock in its emerging online gambling business.
(via Bloomberg Law)
John O’Malley, partner at Norton Rose Fulbright LLP, talks with Bloomberg Law’s Spencer Mazyck about his successful representation of Hong Kong businessman Richard Suen in his lawsuit against the Las Vegas Sands Corp. over claims that he helped the casino operator win its gaming license in Macau. A jury awarded $70 million in damages to Suen’s company, Round Square Co., ...