Macau casino shares soar amid early recovery

Posted on 16 Sep 2009 at 14:09 by Sarah Banks
Shares of casino companies based in Macau rose last week when results showed gambling revenue in the Chinese enclave soared to a new high in August.The figures seem to suggest recovery is progressing well in the world's largest gambling market.Reuter...

Court upholds US ban on online gambling

Posted on 16 Sep 2009 at 14:09 by Gavin Smith
An American appeals court has upheld the country's ban on internet gambling, although the move seems to have laid the ground for some US states to have more influence on policy.Last week the US Court of Appeals for the third circuit turned down a cla...

Casino sues Alan Stanford over bounced 'markers'

Posted on 16 Sep 2009 at 14:09 by Bev Freeman
Billionaire businessman Sir Allen Stanford has another problem to add to his list - a lawsuit from a Las Vegas casino over $258,480 in unpaid gambling debts.According to the Guardian, The Bellagio, one of the biggest names on the Las Vegas strip, is ...