From Business Insider Sheldon Adelson is the CEO of mega casino company Las Vegas Sands. You might think that his business would feel threatened if online gambling became legal, and gamblers no longer had to enter his physical casinos. Thus it’s no surprise that during an interview on BloombergTV, Adelson slammed online gambling as a toxic trainwreck. Of course, he doesn’t say he’s against online gambling because it will hurt his business. He says it’s all about society and the possibility that gamblers will get too hooked. “They are not getting wrong. I just had lunch with Steve Wynn. He…

From Pokerati Let’s halt one rumor before it gains traction. Scientific Games Corp.’s $1.5 billion acquisition of slot machine manufacturer WMS Industries doesn’t mean a statewide lottery is headed to Nevada. New York-based Scientific Games provides lottery systems and equipment to U.S. states, Canadian provinces and foreign governments. The company was actively seeking to acquire a traditional slot machine vendor when the buyout was announced in February. It wasn’t about bringing a lottery to Nevada. That said, Wall Street, which was skeptical about the deal, is starting to find some comfort with the transaction. Scientific Games is paying $26 per…

From Gambling 911 San Diego’s ABC 10 is reporting that FBI agents have arrested and served warrants on a La Jolla, California man as part of an investigation into an international gambling ring. The house swarmed by federal agents at the 5800 block of Soledad Road belongs to Amir Moykaef, who law enforcement authorities confirmed has ties to the gambling ring. 19 others were arrested  throughout San Diego and Los Angeles as part of the investigation. Moykaef was previously charged with his involvement in a sports betting ring back in December 2011. Other named individuals in today’s sweeping arrests have…

From iGaming Business Online scratchcard and instant-win games developer NeoGames International Limited has signed a deal to provide a selection of its titles to the Santa Casa da Misericordia de Lisboa (SCML) lottery in Portugal. Malta-based NeoGames revealed that its range of interactive scratchcard and instant-win games will be marketed under the Raspadinha brand as SCML extends its extensive retail presence online via the JogosSantaCasa.pt domain. “Our fastest growing product segment is our scratchcards,” said Fernando Paes Afonso, Chief Executive Officer and Vice-President for SCML. “Therefore, we are excited about adding them to our online offering. We are certain that…

Putting an end to a long-standing battle, the Seneca Indian tribe reached an agreement with the state of New York this week, with the tribe agreeing to share gambling revenue that was being withheld in protest of the installation of video lottery machines in commercial, non-tribal racetracks in the western region of the state. Since 2009 the tribe has refused to share their revenue, alleging that the racetracks were violating a contract that was meant to ensure tribal control of casinos in that area of New York. As part of the agreement, three communities are now poised to receive millions…

From SBR Wimbledon 2013 is fast approaching. Considered one of the most prestigious of the Grand Slam events, the grass court tournament is typically the most competitive and sought-after trophy for many of the sport’s heaviest hitters. Sportsbook Review.com has assembled a grid of the best Wimbledon betting odds by sportsbook. The world’s number one ranked player Novak Djokovic is +150 to win at Wimbledon per Bet365’s sportsbook odds. Djokovic came up short in his Roland Garros pursuit, however oddsmakers expect the Serb to return to form on a surface more tailored to his game. Fresh off his winning his…