Revel Casino’s demise shows limits of gambling market

LEHIGH VALLEY EXPRESS-TIMES Editorial: …As casino competition intensifies — more than two dozen have opened on the East Coast since 2004, with another 12 planned — reality is hitting home elsewhere, too. In Delaware, the legislature has approved back-to-back bailouts of the state’s casinos after they threatened layoffs. Indian tribes have been seeking federal grants […]

USA TODAY / AP

Article “Atlantic City fears darkness after casinos close” reports: “Before summer ends, Revel, Trump Plaza, the Showboat and the Atlantic Club will be shuttered ex-casinos, leaving Atlantic City officials looking for a way to avoid having dark, empty shells on its signature Boardwalk.

Hunger in America: 1 in 7 rely on food banks

USA TODAY: …Nationwide, 25% of military families – 620,000 households – need help putting food on the table, according to a study by Feeding America, a network of 200 food banks… One in seven Americans – 46 million people – rely on food pantries and meal service programs to feed themselves and their families, the […]

SCRANTON TIMES-TRIBUNE

“No one argues that notorious pyramid builder Bernie Madoff doesn’t deserve his 150-year sentence for stealing about $20 billion of his clients’ money. But the objective is exactly that — to ensure that the people at the top of such schemes, rather than mere functionaries, receive the harshest sentences…”

FedEx Indicted for Money Laundering in Online Drug Case

AOL: …In settling its case, UPS said it overhauled it procedures and worked with investigators to detect suspicious activity. FedEx, on the other hand, said it’s not a law enforcement agency and to work with authorities in the manner they demand would require invading the privacy of their customers… [Spokesman Patrick] Fitzgerald said FedEx will […]

Texas Gov. Rick Perry indicted on two felonies

DALLAS NEWS: Gov. Rick Perry was indicted on two felony counts for abuse of official capacity and coercion of a public servant late Friday by a Travis County grand jury. The case stems from Perry’s vetoing the $7.5 million biennial funding for the Travis County Public Integrity Unit last year. He threatened to withhold the […]