Free Republic

The casino magnate Sheldon G. Adelson said on Thursday night that he would support Donald J. Trump now that he has become the Republican Party’s presumptive nominee. “Yes, I’m a Republican, he’s a Republican,” Mr. Adelson said in a brief interview. “He’s our nominee. Whoever the nominee would turn out to be, any one of the 17 — he was one of the 17. He won fair and square.”

Atlantic City has so little money left that it could miss a $1.8 million bond payment due Sunday, a step that would make it the first New Jersey municipality to default on debt since the Great Depression. The Jersey Shore gambling destination has endured years of strain as a third of its casinos shut down. But now its cash levels are low enough that bankruptcy is a possibility for the 39,000-population city, according to Mayor Don Guardian.

Wynn began by talking about the most recent Democratic debate on Sunday night. “Bernie Sanders,” Wynn said. “God bless him, that moron.” When hosting an event like the October Democratic debate, Wynn said he did not want to stake out positions because the casino’s employees and their families have a range of political views. “But Bernie Sanders is an exception,” he said of the candidate. “You can’t let him get away with the crap (he says). The man is older than I am and nothing has rubbed off on him. He has not the first idea of how the country...

The Caribbean island of St Maarten - part of the Kingdom of the Netherlands - is an important centre for international drug trafficking. The island might also be involved in financing terrorism in the Middle East and Afghanistan. These are two conclusions reached in a confidential report about to be published by the Dutch Research and Documentation Centre (RDC). The report, "Organised crime and law enforcement on St. Maarten", is due to be presented to the Antillean Justice Minister David Dick on Monday, 8 October, but its conclusions are already common knowledge. The RDC itself has declined to comment until...

A comparison of the tenures is a battle of bad vs. worse. It’s well known by now that GOP presidential hopeful Carly Fiorina has never held political office and is running on her business record. As many commentators have pointed out, that’s a dicey proposition since her highest-profile job as CEO of Hewlett-Packard from 1999 to 2005 was sort of a disaster.But in an interview with Fortune contributor and Yale School of Management professor Jeffery Sonnenfeld, GOP frontrunner Donald Trump—who has made a habit of criticizing Fiorina—took aim at a different stage of her career.When asked about what he thought...

Watching Donald Trump in action, whether as a prospective presidential candidate or on his show Celebrity Apprentice, can help anyone become a better leader. I know it's helped me at my eight companies. Trump is undoubtedly the heart of the Trump Organization—a global superbrand worth several billion that includes a host of luxury commercial and residential properties; resorts, country clubs and golf courses in the U.S. and abroad; and a long list of entertainment assets. Yet his children are an integral part of the organization as well, and his successful collaboration with them has helped accelerate its growth. Recently, I...

In a free market, there’s a pretty simple process for dealing with the situation that arises when one person covets another’s belongings: The coveter makes an offer to purchase them. If the offer is rebuffed, the coveter can make a new proposal, but he cannot simply take what he wants. It’s an effective way of recognizing the impracticality of the Tenth Commandment while enforcing the Eighth. Donald Trump’s covetous nature is not in dispute, but what many may forget is that he’s no great respecter of the admonition not to steal, either: The man has a track record of using...

Caesars Entertainment Corp. ’s largest unit is preparing to file for bankruptcy protection as soon as Thursday, the final gambit of a years long attempt to salvage a soured buyout. Caesars Entertainment Operating Co.’s Chapter 11 filing would launch the final stage of Apollo Global Management LLC’s effort to save some of its $1.7 billion investment in the company, which it took private in 2008 with fellow buyout firm TPG.

To get a sense of the deep disappointment felt by many here at the twin killings of two potentially lucrative dreams, hydraulic fracturing and a new luxury casino, one needed to look no further than the front-page headline of Thursday’s edition of The Press & Sun-Bulletin. It was two letters, in red type: “NO!” That cry could seemingly be heard all along New York State’s Southern Tier, which borders Pennsylvania and has long been one of the state’s most stubborn economic laggards. In recent years, both hydraulic fracturing — known as fracking — and casinos had been posited as potential...

Trump Entertainment Resorts filed for bankruptcy Tuesday and threatened to shut down the Taj Mahal Casino Resort, which would make it the fifth Atlantic City casino to close this year. The company owns Trump Plaza, which is closing in a week, and the Taj Mahal, which has been experiencing cash-flow problems and had been trying to stave off a default with its lenders. The company said the Taj Mahal could close Nov. 13 if it doesn't win salary concessions from union workers.

For those who promote legalized gambling as a means of economic development or revitalization, or as a painless way to pay for public schools, the recent news from Atlantic City, New Jersey, is sobering. Dominated by its famous boardwalk, the beach resort is familiar to Americans from the popular game of Monopoly, the Miss America pageant and the Democratic Convention that nominated Lyndon B. Johnson for president. Almost 40 years ago, when casino gambling was prohibited by every state except Nevada, New Jersey voters succumbed to a slick campaign that promised to remake the fading resort into Las Vegas East....

Republican Gov. Chris Christie's administration issued a directive Monday allowing the state's casinos and racetracks to offer sports betting, a move likely to be challenged in court by sports leagues. The governor said he took his cue from previous federal court rulings that found that nothing in New Jersey law prohibits the casinos and horse racing tracks from offering sports betting, so long as it's not sponsored or licensed by the state. Soon afterward, one racetrack, Monmouth Park in Oceanport, said it was preparing to offer sports bets "in the very, very near future."

BOSTON —Anti-gambling activists are touting a major boost from Sen. Elizabeth Warren as their campaign to repeal the state's casino law heads into the final stretch. The first-term Democrat said Monday she'll likely vote in favor of repealing the 2011 state law that opened the door for Las Vegas-style gambling in Massachusetts. The group Repeal the Casino Deal hailed the remarks as a "bold stand" by one of the state's most prominent politicians. Warren has been mentioned as a possible candidate for president in 2016, even though she has said repeatedly she's not running.

They’ve turned to politicians, bureaucrats, businessmen and union reps to try to save their jobs at three Atlantic City casinos scheduled to close soon. Now, hundreds of soon-to-be unemployed dealers, cocktail servers and hotel workers are turning to what many say could be their last, best chance. “We’re praying for God to open new doors to them,” said Rev Eric McCoy, president of the Atlantic City Fellowship of Churches. Clergy members and the main casino workers union organized a rally and prayer service Wednesday night for the nearly 8,000 workers who will be jobless when Revel, the Showboat and Trump...

Sure, Las Vegas is known for its casinos. But just because Sin City has the highest concentration, that doesn’t mean it has a monopoly on gambling. If Vegas isn’t your thing but you still want to hit the slots and be entertained, then seek an alternative at one of these non-Vegas casinos that are getting the most Yahoo searches.

In 1981, a lawyer tried to subpoena Ron Paul to testify in the trial of Don Black, a Grand Wizard for the Ku Klux Klan who would later go on to found the white supremacist, neo-Nazi website, Stormfront. Black was charged along with two other Klansmen with planning to violently overthrow the small Caribbean country of Dominica in what they called “Operation Red Dog.” While a judge refused to subpoena Paul, Don Black would come back to haunt him many years later. In 1981 a group of American and Canadian white supremacists lead by Klansman and mercenary, Michael (Mike) Perdue...

The Showboat Atlantic City Hotel and Casino is closing after more than 27 years of operation, according to an official with the city’s largest casino workers union. Unite HERE Local 54 president Bob McDevitt said Showboat’s 2,100 employees will receive WARN Act notices Friday. The federal law requires covered companies to give workers at least 60 days notice if plans are in place to shut down a job site or execute mass layoffs. “We were notified earlier today from Caesars that they’re issuing WARN Act notices to Showboat employees tomorrow and we immediately began notifying our members,” McDevitt said Thursday...

For years, economists and analysts talked in theoretical terms about "casino saturation" in the northeastern United States. But there's nothing theoretical about what's happening in Atlantic City now. The Atlantic Club is dead, taken down by two rivals. Revel says it will close if a buyer can't be found, and Caesars Entertainment, which says there are too many casinos in New Jersey, plans to shutter one of its four, the Showboat, on Aug. 31. Mayor Don Guardian, who could see a quarter of his city's casinos close during his first year in office, said Atlantic City is in the midst...

Senate lawmakers on Wednesday approved a $10 million financial bailout for Delaware’s three gambling casinos. The Senate voted 14-5 to pass legislation to help the casinos, which say they are struggling with increased competition from neighboring states and have to share too much of their gambling revenue with the state. [...] The change would take effect in July 2015, at an estimated cost to the state of about $10 million annually. To help the casinos until then, lawmakers cobbled together a similar amount of taxpayer money, mostly from unspent funds that are supposed to be used for economic development projects....

In February, an attack ad titled "Don’t Let the Games Begin" started popping up in online gambling forums. The ad opens on two shadows shaking hands in a dark city alley. We see a distraught mother at her laptop, a young child at a computer in a dim bedroom, police cars with sirens. A narrator with a scaly voice comes on. "An established al-Qaeda poker network could extract enough untraceable money from the United States in just a few days to fund several 9/11-sized attacks," he says. "Say no to internet gambling."The message is clear: internet gambling will fund terrorism...