Gambling industry

FILE - This Sept. 9, 2018 file photo shows Bruce Deifik, owner of the Ocean Resort Casino in Atlantic City, N.J., inside his casino's sportsbook. Deifik, the Colorado developer who lost a fortune running a struggling Atlantic City casino for six months, was killed in a single-car crash in Denver. He had been driving home Sunday, April 7, 2019, from a Colorado Rockies baseball game in his hometown of Denver, his lawyer, Paul O'Gara, said Monday, April 8. He was 64. (AP Photo/Wayne Parry, File)
April 08, 2019 - 4:29 pm
ATLANTIC CITY, N.J. (AP) — Bruce Deifik, the Colorado developer who lost a fortune running a struggling Atlantic City casino for six months, was killed in a single-car crash in Denver. He was 64. Deifik had been driving home Sunday from a Colorado Rockies baseball game in his hometown of Denver,...
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FILE - In this March 15, 2016 file photo, casino mogul Steve Wynn gestures during a a news conference in Medford, Mass., regarding his proposed casino complex. Women's rights advocates and business experts said Wynn Resorts has taken laudable steps to transform a workplace culture that allowed sexual misconduct complaints against Wynn, its founder, to remain hidden for decades, but still has room for improvement. The Massachusetts Gaming Commission will holding public hearings the first week of April 2019 on whether the company is still suitable to hold a casino license for the multi-billion dollar Encore Boston Harbor, slated to open in June 2019 in Everett, Mass. (AP Photo/Charles Krupa, File)
April 04, 2019 - 3:25 pm
BOSTON (AP) — Massachusetts gambling regulators are questioning Wynn Resorts leaders Thursday about what they knew about allegations of sexual misconduct against company founder Steve Wynn. The state's gaming commission resumed its interrogation of new company CEO Matt Maddox, who took over after...
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FILE - In this Feb. 28, 2018, file photo, the luxury yacht Equanimity is seen in the Benoa harbor in Bali, Indonesia. Malaysia’s government says a luxury yacht allegedly bought with money stolen from the multibillion-dollar looting of a state investment fund will be sold to casino operator Genting Berhad for $126 million, half its original price. Attorney-General Tommy Thomas says the Admiralty Court on Wednesday, April 3, 2019, approved the sale of the Equanimity, which has lavish amenities including a helicopter landing pad, plunge pool, gymnasium and a cinema.(AP Photo/Ambros Boli Berani, File)
April 03, 2019 - 6:54 am
KUALA LUMPUR, Malaysia (AP) — Malaysia's government said Wednesday that a luxury yacht allegedly bought with money stolen from a troubled state investment fund will be sold to casino operator Genting Berhad for $126 million, half its original price. Attorney General Tommy Thomas said the Admiralty...
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FILE - In this Oct. 25, 2018, file photo, employees prepare to take bets moments before the new sports book at the Tropicana casino in Atlantic City, N.J., opened. Most of the states that moved quickly to legalize sports betting after a Supreme Court decision last year are still waiting for the expected payoff. Only New Jersey and Delaware saw the tax revenue to their state budgets meet projections. (AP Photo/Wayne Parry, File)
April 02, 2019 - 4:37 pm
PROVIDENCE, R.I. (AP) — When the Patriots won the Super Bowl again — and covered the spread, too — all of New England was delirious, with the possible exception of Rhode Island's tax collectors. The state's sportsbooks lost $2.35 million because, come on, really, who's going to bet against Tom...
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FILE - In this March 15, 2016 file photo, casino mogul Steve Wynn gestures during a a news conference in Medford, Mass., regarding his proposed casino complex. Women's rights advocates and business experts said Wynn Resorts has taken laudable steps to transform a workplace culture that allowed sexual misconduct complaints against Wynn, its founder, to remain hidden for decades, but still has room for improvement. The Massachusetts Gaming Commission will holding public hearings the first week of April 2019 on whether the company is still suitable to hold a casino license for the multi-billion dollar Encore Boston Harbor, slated to open in June 2019 in Everett, Mass. (AP Photo/Charles Krupa, File)
April 01, 2019 - 6:38 pm
BOSTON (AP) — Wynn Resorts has taken laudable steps to transform a culture that allowed sexual misconduct complaints against its founder to remain hidden for decades, women's rights advocates and business experts say. And while the company is making progress more than a year after casino mogul...
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FILE - In this Monday, Jan. 28, 2019 file photo, patrons visit the sports betting area of Twin River Casino in Lincoln, R.I. The state lottery released figures on Friday, March 29, 2019, showing that casinos in Rhode Island lost nearly $900,000 on sports betting in February, after they paid out winning bets for the Super Bowl and other professional sports. ( AP Photo/Steven Senne, File)
March 29, 2019 - 12:04 pm
PROVIDENCE, R.I. (AP) — Casinos in Rhode Island lost nearly $900,000 on sports betting in February after winning bets for the Super Bowl and other professional sports were paid out, the state lottery said Friday. That leaves Rhode Island with about $150,000 in revenue from sports betting since the...
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Ted Leonsis, owner of the NHL Capitols and NBA Wizards, addresses the American Gaming Association's Sports Betting Executive Summit, at the MGM Grand National Harbor Casino, in Oxon Hill, Md., Wednesday, March 27, 2019. The Supreme Court ruled last May 14 that any state can legalize sports betting if it chooses, and since then the action has been swift. Sports gambling is now legal in eight states, with more than 20 others at least considering legalization. (AP Photo/Cliff Owen)
March 28, 2019 - 5:08 pm
OXON HILL, Md. (AP) — A year ago, Nevada was the only state where single-game sports bets were legal, and NHL Commissioner Gary Bettman expected to be successful in persuading the Supreme Court to maintain that status quo. Listen to him now. "What we've learned is it's another point of engagement...
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Jimmy Cliff, of Lewes, Del., talks to a worker about betting on the NCAA college basketball tournament Thursday, March 21, 2019, at the Borgata casino in Atlantic City N.J. College basketball fans are lining up at casinos and racetracks, and furiously tapping smartphone screens to get down bets on the March Madness college basketball tournament, in many states where it is legal for the first time. (AP Photo/Wayne Parry)
March 21, 2019 - 1:12 pm
ATLANTIC CITY, N.J. (AP) — College basketball fans lined up at casinos and racetracks or furiously tapped smartphone screens Thursday to get down bets on March Madness, many in states where it is legal for the first time. Joe Palumbo of West Babylon, New York, traveled Thursday to the Borgata...
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In this photograph taken with a fisheye lens, the exterior view of Capital One Arena is seen, Saturday, March 16, 2019, in Washington. As the NCAA prepares to stage its first basketball championships since the Supreme Court allowed legal sports betting in any state that wants it, the organization remains opposed to gambling on its events. But it’s not denying reality, either. The NCAA had a longtime ban on bringing its championships to places where gambling on sports was legal. That was suspended last year in the wake of the Supreme Court decision. This year, three women’s games will be played in Mississippi, where people have been betting on college sports since last summer, and men’s games will be played in Washington at Capital One Arena, which could have a full-service onsite sportsbook by this time next year under a new law. (AP Photo/Nick Wass)
March 19, 2019 - 2:16 pm
WASHINGTON (AP) — As the NCAA prepares for its first basketball championships since the Supreme Court allowed legal sports betting to expand, the body governing college sports remains opposed to gambling on its events. But it's not denying reality, either. The NCAA had a longtime ban on bringing...
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FILE- In this March 12, 2019, file photo Rhode Island Rep. Teresa Tanzi addresses legislators during a late afternoon session on gaming at the State House in Providence, R.I. As lawmakers nationwide decide whether to allow sports betting in their state, they’re debating whether bets, like almost everything else in our lives, can be managed online or whether wagers should be made only in person. (AP Photo/Charles Krupa, File)
March 17, 2019 - 9:16 am
PROVIDENCE, R.I. (AP) — For states looking to profit off the new world of legal sports betting, there's an app for that. The question for state lawmakers: Should they allow it? As state legislatures across the U.S. decide whether to authorize sports gambling, lawmakers are debating whether the bets...
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