When a $1.4 billion lottery ticket was sold at a Neptune liquor store last month, the news spread across the Jersey Shore and beyond with the expected celebration that a local had won the enormous prize. But what didn’t get attention, and rarely does, was the fact that calls to the Council on Compulsive Gambling hotline sharply increased as they always do when a major jackpot is on the line.

When a $1.4 billion lottery ticket was sold at a Neptune liquor store last month, the news spread across the Jersey Shore and beyond with the expected celebration that a local had won the enormous prize. But what didn’t get attention, and rarely does, was the fact that calls to the Council on Compulsive Gambling hotline sharply increased as they always do when a major jackpot is on the line.

The Adelson family of Las Vegas purchased the Dallas Mavericks with the hopes of expanding their gambling empire beyond Nevada to the Lone Star State. Now their company, casino operator Las Vegas Sands Corp., is backing a petition to legalize gambling by the Texas Destination Resort Alliance. The Texas Destination Resort Alliances was established and paid for by Sands in 2021, according to the coalition’s website.

The Chickasaw Nation is forming a private capital investment firm in Dallas. The firm, Pennington Creek Capital, will be led by Dallas-based Hicks Equity Partner managing director Curt Crofford. It’s the Native American tribe’s second public investment in private equity after it launched Good Springs Capital out of New York in July 2023. 

As Problem Gambling Awareness Month is about to get underway, states around the country, weighing whether they have been doing enough

The month of March marks the beginning of Problem Gambling Awareness Month, which is a nationwide grassroots campaign, that seeks to increase public awareness of problem gambling and promote prevention, treatment, and recovery services.

Adelson wasted little time reaching out to the state’s business leaders since news of the deal broke, visiting Austin on Thursday to address the Texas Association of Business, the state’s largest business lobby.

Each of the developments were part of a pivotal time for the Strip. Megaresort predecessors The Mirage and Excalibur opened several years earlier and proved to casino moguls that an attraction-based concept would bring a new crowd to Las Vegas.