Las Vegas casino gambling revenue has been steadily falling the past couple of years and in June, revenue again dropped on the Vegas Strip. Casinos experienced an almost eight percent drop in the first summer month.

Legislative leaders met on Friday in the first of three summits aimed at a possible state takeover of some areas of Atlantic City. Analysts believe, however, that it may be too late to save the AC casino gambling industry.

Online gamblers will have to wait one more day before Representative Barney Frank’s Internet gambling regulations bill goes before the House Finance Committee for markup. The bill will be the first issue on the docket for Wednesday.

In their never ending battle to coerce customers into their gambling dens, casinos have always created promotional giveaways. The Chevy Volt, the first mass produced electric car from General Motors, may soon be one of those giveaways.

Theo Ratliff and Matt Barnes may not be the first two names that come to mind when talking about a championship NBA team, but with the Lakers already winning two straight titles, Ratliff and Barnes will just increase L.A.’s title betting odds.