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Casino mogul Steve Wynn says that while business at his new Encore casino will likely be slower than he had hoped once it opens in December, his company has the financial wherewithal to withstand the economic crisis.
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In an effort to attract more gamblers to private high-stakes rooms, Las Vegas casinos are making a push to set their own minimum wagers and tweak the credit-line rules instead of following current state regulations.
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Oxford County casino backers unveiled an economic impact study last week showing that the $184-million project for as new casino would create 907 jobs.
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Gaming revenues statewide in August were $934.1 million, the lowest monthly total since June 2006. The August figure also marked the eighth-straight decline in monthly gaming revenue.
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Las Vegas Sands Chairman Sheldon Adelson saw his net worth drop $4 billion last month because of the slumping global economy.
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New positions in casinos and with online gambling sites could create 10,000 new jobs in Ireland in the next 12 years, according to a report commissioned by the Gaming and Leisure Association of Ireland.
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Instead of waiting to be one of the expected 700 layoffs, employees at Foxwoods Casino and MGM Grand at Foxwoods in Connecticut will have the opportunity to volunteer to leave their posts, according to a memo sent to employees last week.
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Actors, musicians and reality TV stars were in Connecticut over the weekend at Mohegan Sun to help celebrate the grand opening of the new Casino of the Wind.
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Jerry Stickman: 
