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Jun 11 2014Texas Racetracks Look to Historical Racing Terminals
Racetrack owners in Texas are seeking permission from state regulators to install racing terminals that look like slot machines. The machines are known as historical racing terminals and owners think that they could provide an essential revenue stream which would help the struggling industry. However, slot machines are illegal at Texas racetracks and some are
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Jun 11 2014South Dakota Considering Changes to Gambling Laws
An oversight commission in South Dakota will be hearing public testimony this week in Pierre on 12 proposed changes to gambling rules. The proposed changes include two which relate to new games and a new state law which would make it a misdemeanour to enter a casino while banned and on an exclusion list. According
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Jun 11 2014NBA Referees’ Napoleon Complex Could Affect Gambling Markets
A study published in the latest issue of the Journal of Sports Economics has claimed that NBA referees have Napoleon Complex. Napoleon Complex is a syndrome where people compensate for a perceived disadvantage with overly aggressive behavior. The study, “Napoleon Complex: Height Bias Among National Basketball Association Referees” finds that in general shorter officials call
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Jun 11 2014Share Prices Drop as Macau Revenue Estimates Fall
Shares in numerous top casinos and gambling companies have fallen amid conflicting reports about gambling hotspot Macau. Some analysts had previously forecast a short-term decline in Macau’s revenue following a government crackdown on lenders in the gaming enclave. However, David Bain an analyst for Sterne Agee said that Macau’s gross gaming revenue is up about
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