US weighs possibility of troubled mortgage loan guarantees

US lawmakers, feeling that the Bush administration has not shown “the required dedication” to curb mortgage foreclosures, urged the administration to step up aid to struggling homeowners. They opine that the Treasury’s plans to buy stakes in banks will not be enough to fix the housing collapse that underlies the financial crisis.

Strauss-Kahn cleared of wrongdoing in relationship

Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), has been cleared of harassment, favoritism and abuse of power, in connection with his relationship with a female subordinate, an IMF economist.

According to a fund director, who spoke earlier on condition of anonymity, the investigation focused on Strauss-Kahn’s brief, consensual affair in January 2008, with Piroska Nagy, wife of former Argentine central bank, President Mario Blejer.

The inquiry began after a complaint by a third person.

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Scientific Games urges Rhode Island lawmakers to reopen bidding for instant lottery ticket contract

Arguing that rival gaming firm International Game Technology (IGT) was awarded a lucrative instant lottery ticket contract without a suitable bidding process, Las Vegas-headquartered Scientific Gam

All Macau casino employees to undergo mandatory COVID-19 testing

The Macau Inspection & Coordination Bureau (DICJ) has declared that all casino employees will need to prove that they have been tested and cleared of COVID-19 by showing a certificate.

Indiana Racing Commission clears way for Eldorado Resorts to acquire two ra

The Indiana Racing Commission (IRC) has finally cleared the way for Nevada-based casino giant Eldorado Resorts Incorporated (ERI) to acquire the state’s two racetracks, namely Indiana Grand Sports

Ontario’s Casino Rama Resort has no set timeline for reopening

Gateway Casinos & Entertainment Limited has announced its decision to keep its Ontario-based Casino Rama Resort closed until such time there is a ‘sufficient business case’ to resume operations

Arkansas Judge turns down Gulfside Casino’s motion for contempt

Gulfside Casino Partnership’s motion for contempt accusing the Arkansas’ Racing Commission of not following its own rules in awarding the only gaming license allocated for Pope County has been turn

AIG allegedly refuses to cover Circus Circus’ COVID-19 losses

Circus Circus Las Vegas LP, a holding company for the Las Vegas Strip casino of the same name, has filed a lawsuit against American International Group (AIG), alleging that the insurance giant is d