More high rollers are paying their debts to casinos, according to a recent Associated Press story. Casinos extend credit to thier wealthiest clients, but often assume that some of it will not be paid back
Station Casinos launched the country's first legal, pay-to-play online poker site on April 30. Right now, the site can only be used by people in Nevada. Other companies are preparing to introduce poker websites, and that has some people worried about the affect on problem gamblers. We'll talk about whether online gambling is any more addictive than the real-world kind, and what websites can do to help users play responsibly.
Broken Tooth was one of Macau's most notorious gangsters when he was locked up in 1998, shortly before Portuguese authorities handed the territory back over to the Chinese government. In the years since, the city has tranformed from a lawless backwater to an international gambling destination.
Bettors in Las Vegas can wager on horse racing from tracks all around the country. A New York Times investigation revealed the world horses and jockeys live in is rife with drug abuse in horse and maimed jockeys who risk their lives racing unfit animals. The Times reported that many of those issues have been intensified by the addition of casino gaming at combination casinos and racetracks called "racinos." Nevada-based Harrah's and Penn National Gaming which operates the M Casino in Las Vegas both operate racinos in other states. We talk with NY Times Reporter, Joe Drape about the investigation.
Northeastern University Communications Professor, Alan Zaremba spent opening weekend of the NCAA tournament in 2007 in Las Vegas sports books to get a picture of what drove thousands from around the country to flock to the strip. He found passionate fans and people looking to score big.
The Gaming Control Board has opened an investigation into the links between organized crime and the junket operators that bring the gamblers from the Chinese mainland to Macau. Those ferry companies also control the VIP rooms where many gamblers play cards and they extend credit and collect debts because casinos cannot legally collect gambling debts under Chinese law. The reports of mob involvement were published by a union local on a special Web site it has created to publicize the problems. So what will happen if the allegations are proven true? Is this a storm in a teacup or could it lead to a big shakeup in the world's biggest casino companies?