Assisted by two showgirls, the chiefs of the Stoney Nakoda First Nation cut a red ribbon Tuesday to open Alberta's newest casino, hoping it will bring economic and social benefits to a reserve with 80 per cent unemployment. "This is a very good day for the Stoney Nakoda Nation and all of its members. This opening marks the start of an important journey toward economic self-reliance," said Clifford Poucette, chief of the Wesley First Nation, which shares the reserve with two other native groups, the Chiniki and Bearspaw.

The Treasury Department and the Federal Reserve continue to finalize a new rule that would put the onus on banks to help crack down on online gambling by US citizens, a Treasury official said Wednesday. In prepared remarks, Deputy Assistant Secretary Valerie Abend said banking regulators are focusing their efforts on banks that do business with gambling companies, as well as the interaction between US banks and foreign banks that may be tied to online gambling.