Pennsylvania Senate Committee Talks Online Gambling

 Mark Juliano for the Sands Casino in Bethlehem spoke away against online gambling at a Pennsylvania Senate hearing on Wednesday. The Pennsylvania Senate heard another round of discussion about the possibility for online gambling in their state on Wednesday, as being a committee heard information on the numerous proposals to regulate the industry which can be currently sitting in the state legislature. The hearing, held in front of the grouped Community, Economic & Recreational…

Casino Magnate James Packer Says Macau Downturn Worse Than Anybody Imagined

 James Packer (right) with Robert De Niro at the opening of the Nobu that is new Hotel Manila, Philippines. James Packer, the Australian billionaire and casino mogul, has admitted that Macau's economic downturn is 'more severe' than any of the gambling hub's operators could have foreseen. Packer's Crown Resorts derives 50 percent of its revenue from the 34 percent stake in Melco Crown, which owns properties on the Cotai Strip, including the City that…