Robert Earl, the entrepreneur behind the global chain of Planet Hollywood restaurants, has announced he is to invest in the redevelopment of an existing London casino. In alliance with London Clubs International, plans are now in place to spend £5 million developing a new casino to be called FIFTY, replacing the current casino owned by LCI and located in London's Piccadilly.

Walter Clyde "Puggy" Pearson, a 76-year-old professional gambler, poker player and former World Series of Poker champion, once made this observation: "Ain't only three things to gambling – knowing the 60/40 end of the proposition, money management and knowin' yourself".

1. Understand the Line. The betting line is not created each week based on the skills of each team. The line is not an assessment of what the final score will be, rather the line is set at a number which the oddsmakers believe will draw even action on both sides of the game. In summary, the line is set not on skill but the balance of money.

WEST VIRGINIA -- As reported by the Charleston Daily: "While the two Northern Panhandle racetracks quickly purchased table games licenses after voters passed referendums there, Tri-State Racetrack & Gaming Center plans to hold off for a while.

News Brief: Don Barden's two Majestic Star Casinos sunk lower at a time when competitors in East Chicago, Hammond and Michigan City were raking in more cash and floating expansion plans.

News Brief: An investigation continues into the cause of the 7:30 a.m. blaze at the $400 million hotel, being built adjacent to the Borgata Hotel Casino and Spa.

News Brief: A national union representing hotel and casino workers is joining the push for Massachusetts casinos with a radio ad campaign, becoming the first group to take to the airwaves on behalf of Gov. Deval Patrick's casino plan.

CAMBRIDGE, Mass. -- As reported by the Associated Press: "A Harvard Law School professor best known for defending the man who leaked the Pentagon Papers and for helping parents sue chemical companies in a case popularized by the film "A Civil Action" has a new cause: poker.

LAC DU FLAMBEAU, Wisconsin -- (PRESS RELEASE) -- Lake of the Torches Resort Casino will be honoring the men and women who have served in the armed forces by offering veterans a free Big City Brunch in their Eagle's Nest Restaurant on Sunday, November 11th from 9 a.m. to 2 p.m. The breakfast will be free to guests who have served in the military. These veterans will also have the opportunity to sign up for the casino's Torchlight Club. In order to receive the free breakfast, veterans will need to show some proof of service.

LAS VEGAS, Nevada -- A year ago, the third-quarter earnings of Wynn Resorts Ltd. were somewhat skewed, reflecting just a month of results from the newly opened Wynn Macau and a $900 million influx from the sale of a lucrative subconcession to operate casinos in the Chinese enclave.

On Tuesday, the Las Vegas-based casino operator reported more normal earnings, which showed the value of the company's growing Macau gaming hub.