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>> GAMBLING Latest News

5 HOURS AGO - BBC

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Labour considers sport betting levy

A betting levy to help fund community facilities and treat gambling addiction is among proposals considered by Labour in a "long-term innovative plan for sport".

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13 HOURS AGO - MarketWatch

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Atlantic City debt cut to junk grade by Moody's

LOS ANGELES (MarketWatch) -- Moody's Investors Service cut its debt rating for Atlantic City, N.J., into speculative or "junk" territory Wednesday, its second downgrade for the gambling haven in nine months. The two-notch debt-rating cut to Ba1 from Baa2, sending it one level below investment grade, comes as Atlantic City has seen several casino closures recently. Moody's cited "ongoing casino ...

Tags: Atlantic City debt cut to junk grade by Moody's,  Gambling Latest News

21 HOURS AGO - Miami Herald

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Miss. casino revenue stable after Harrah's closure

Gambling revenues tumbled in Mississippi's river region in the first month after Harrah's Tunica Hotel & Casino closed, but the trend didn't worsen much. Meanwhile, Gulf Coast casinos posted their best June in years.

Tags: Miss. casino revenue stable after Harrah's closure,  Gambling Latest News

JUL 22, 2014 - Business Insider

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We're Starting To See What Macau's 'Lehman Moment' Did To Its Gaming Industry

This spring a $1.3 billion heist rocked Macau's VIP gambling world, and now we're seeing how that impacted the massive casinos that operate there. The short story is that it hasn't been great. According to Morgan Stanley, VIP revenue dropped 2% in May and 17% in June. That's the first time that revenue has slowed since 2012. What the heist ...

Tags: We're Starting To See What Macau's 'Lehman Moment' Did To Its Gaming Industry,  Gambling Latest News

JUL 21, 2014 - Business Insider

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BLACKROCK: 'Investors Should Buckle Up For More Volatility Ahead'

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. BlackRock: 'Investors Should Buckle Up For More Volatility Ahead' (BlackRock Blog) "…The tragic downing of a Malaysian civilian airliner over Ukraine and worsening conflict in the Middle East sparked a market rout on Thursday that brought an unusually quiet period for ...

Tags: BLACKROCK: 'Investors Should Buckle Up For More Volatility Ahead',  Gambling Latest News