Sun, May 13, 2012
The Kansas Star Casino in Mulvane, Kansas earned a net revenue of $50.3 million for its first quarter of opertion. Construction is continuing on a permanent building with a larger gaming floor, and a 300-room hotel is expected to open in January.
Sun, May 13, 2012
No price tag yet for the massive redo, which could begin in 2014. The Las Vegas Convention and Visitors Authority will poll customers for improvement ideas.
Sun, May 13, 2012
New York Governor Andrew Cuomo says he’s checking into financial improprieties and horse deaths under NYRA leadership. Two top officials have been suspended.
Sun, May 13, 2012
Owners and creditors of the Reno casino resort will finalize a $142.8 million debt restructuring agreement on May 14.
Sun, May 13, 2012
Riviera Holdings Corp. will use proceeds from a recent sale to redo the Riviera Hotel & Casino on the Las Vegas Strip.
Sun, May 13, 2012
A study suggests the economy is on the upswing, based on two key metrics. But boom-era mega-projects will continue to burden the marketplace.
Sun, May 13, 2012
Real estate mogul Donald Trump has said that Atlantic City will “do just fine” against casino competition in New York State. Trump, who helped squash expanded gaming proposals in New York over a decade ago, does not intend to oppose Governor Cuomo’s plan to allow for up to seven casinos statewide.
Sun, May 13, 2012
Eight internet sweepstakes cafes recently closed in Michigan as a result of an ongoing investigation by the state attorney general. The state's horseracing industry, however, could get a boost from proposed legislation . And the Sault Ste. Marie Tribe of Chippewa has voted to proceed with the $245 million Kewadin Lansing Casino in downtown Lansing.
Sun, May 13, 2012
Full House Resorts has obtained financing commitments of $75 million to fund its purchase of the Silver Slipper Casino in Hancock County, Mississippi. The casino draws from the metro New Orleans area and other communities in southern Louisiana and southwestern Mississippi.
Sun, May 13, 2012
The group led by billionaire Neil Bluhm (l.) that owns the majority of the Rivers Casino in Pittsburgh is seeking to buy the remaining shares held by the late Don Barden’s group.
Sun, May 13, 2012
The Massachusetts Gaming Commission’s first choice to be interim executive director withdrew his name last week under intense fire after charges of sexual assault against a minor surfaced again after several years.
Sun, May 13, 2012
Houston-based billionaire Tilman Fertitta (l.) was a crowd-pleaser at last weeks Golden Nugget Atlantic City opening. Owner and CEO of Landry’s Inc., Fertitta put up his own stakes to oversee the $150 million renovation of the property. He now believes the property will carve out a competitive niche in the East Coast market and he has plans to upgrade the Farley State Marina.
Sun, May 13, 2012
International Game Technology CEO Patti Hart announced that she will not stand for re-election to the Yahoo, Inc. board of directors, whose CEO was forced to quit last week after a resumé scandal was uncovered. Hart will remain CEO of the slot company.
Sun, May 13, 2012
Illinois Governor Pat Quinn told legislators to keep their "eye on the prize"—reforming the state's public employee pension system and revamping Medicaid. He said efforts to pass a gambling expansion bill are a distraction.
Sun, May 13, 2012
Turned down by a Nevada judge over a request from documents from Wynn Resorts, Kazuo Okada is back in the same court with a new request—more specific and focused—to be handed documents that would support his contention that he was illegally ousted from the company’s board of directors.
Sun, May 13, 2012
Dennis Gomes (l.), the recently departed leader of Resorts Atlantic City, leads a class of legends to be inducted into the American Gaming Association’s Gaming Hall of Fame. The ceremony will be held on October 23 in Las Vegas.
Sun, May 13, 2012
The Ohio Casino Control Commission last week issued licenses for the first two of four casinos that will operate in the state: the Horseshoe Casino Cleveland and the Hollywood Casino Toledo. The Cleveland casino (l.) will open first on May 14.
Sun, May 06, 2012
Genting, the New York casino operator, calls for reform in the wake of dozens of horse deaths. The fatalities all occurred after Genting opened Resorts World at Aqueduct.
Sun, May 06, 2012
Minnesota legislators have ruled out racinos for helping to fund the state's $398 million share of a new $975 million Vikings stadium in downtown Minneapolis. But lawmakers approved simulcasts from the state's two racetracks at Native American casinos. Racino advocates said they are fine with the plan—for now.
Sun, May 06, 2012
According to a survey, 50 percent of New Yorkers support commercial gaming, but could be persuaded to change their minds.
Sun, May 06, 2012
Arlington Park racetrack and the Illinois Thoroughbred Horsemen's Association are far apart in contract negotiations on the eve of the track's May 4 opening day. The fight is over legislatively approved casino fees that had been escrowed for years and finally released.
Sun, May 06, 2012
Atlantic City’s Trump Taj Mahal Casino Resort and Resorts Casino Hotel (l.) will each renovate their properties to allow for more interaction with the surrounding beach and ocean, a trend began by the city’s latest casino, Revel. The Casino Reinvestment Development Authority has approved more than $9 million for two projects, which could start by the end of the month.
Sun, May 06, 2012
Genting, the Malaysian casino giant, offered to buy a group of eight properties owned by the Miami-Dade School District that would have been added to the land where the company was planning to build a $3 billion casino resort.
Sun, May 06, 2012
Charles Hayward (l.), president of the New York Racing Association, says the inflated takeout rate was an ‘unintentional oversight.’ He has been placed on administrative leave, while the state legislature begins to re-think their decision to allow the scandal-plagued agency to continue to exist.
Sun, May 06, 2012
Full House Resorts has obtained financing commitments of $75 million to fund its purchase of the Silver Slipper Casino in Hancock County, Mississippi. The casino draws from the metro New Orleans area and other communities in southern Louisiana and southwestern Mississippi.
Sun, May 06, 2012
In addition, Arkansas Attorney General Dustin McDaniel's office recently approved a revised version of a proposed constitutional amendment allowing four casinos in the state. Now Nancy Todd's Poker Palace must collect signatures of more than 78,000 registered Oklahoma voters.
Sun, May 06, 2012
The famed volcano feature will start erupting at Jimmy Buffett's Margaritaville Casino and Restaurant in Biloxi, Mississippi on Tuesday, May 22. The tropical-themed casino will be the first stand-alone Margaritaville property in the U.S.
Sun, May 06, 2012
State senators in Kansas are considering a bill that would let voters in Sedgwick County decide if they want a racino at Wichita Greyhound Park. The measure could pass the Senate but chances are slim it would survive the House.
Sun, May 06, 2012
A Missouri House committee recently approved a measure that would allow casinos to extend credit to gamblers. Proponents say it would attract professional athletes and other high-end gamblers.
Sun, May 06, 2012
A political insider who helped craft the Massachusetts law that expanded gaming has been named as the interim director of the commission that will oversee the execution of that law.
Sun, May 06, 2012
For several years now Illinois lawmakers have tried to great expand gaming in the state. This year it appears that they will try again.
Sun, May 06, 2012
Borgata Hotel Casino & Spa in Atlantic City has refused to pay over $860,000 to the Special Improvement Division for services it says it does not utilize. The casino is appealing its inclusion in the state-run Tourism District, objecting to what it deems “arbitrary and capricious” fees. The Borgata is looking for a settlement with the Casino Reinvestment Development Authority.
Sun, May 06, 2012
Golden Nugget purchased the Isle Casino Biloxi last month for $45 million. Now it showed city officials how it plans to spend another $150 million on expanded gaming space, a large swimming pool, restaurants and retail and other renovations.
Sun, May 06, 2012
The New Jersey Casino Control Commission has not received any applications for the second boutique casino hotel license in Atlantic City, as the deadline ran out at the end of April. Only Hard Rock Casino Hotel has plans to build a $275 million property—a project now delayed as the company claims to be seeking environmental and construction permits. State Senator James Whelan (l.) sponsored the bill.
Sun, May 06, 2012
Jobs to Rhode Island, an incorporated group that supports bringing table games to Twin River and Newport Grand slot parlors, has received over $55,000 from Twin River's parent company, UTGR. The casino has started a campaign to win over the public before they head to the voting booth this November.
Sun, May 06, 2012
Christian Goode, Genting VP, says the Malaysian company could transform the area around Aqueduct in Queens with a convention center, rail line to Manhattan.
Sun, May 06, 2012
Atlantic City’s latest casino, Revel, is under pressure to unionize, as three major unions—the United Auto Workers, Teamsters Local 331 and Local 54 of Unite HERE—have banded together to force the $2.4 billion mega-resort to negotiate a contract. Bob McDevitt, president of Local 54, says the casino threatens the standard of living that union workers have fought to achieve. At issue is the casinos limited-term employment policy.
Sun, May 06, 2012
Caesars Entertainment is launching the new name for the former Harrah’s Chester racino, Harrah’s Philadelphia, along with several new offerings.
Sun, May 06, 2012
Implosion was the next step in creating Caesars’ Linq project (l.), as the a parking garage was destroyed. The Imperial Palace casino will be redesigned an as-yet-unnamed gaming resort.
Sun, May 06, 2012
A principal in the parent company of Pittsburgh’s Rivers Casino, arguing for a lower tax assessment, has told a county judge that the property has been a bad investment.
Sun, May 06, 2012
Claremont Partners Limited has closed a deal to buy the Nevele Hotel (l.), an icon of the Catskills region. The company is hoping to receive a New York gaming license to implement a $500 million redevelopment project which would transform the property into a casino resort.
Sun, May 06, 2012
It’s good news for the Sahara, the shuttered northern Strip property, as two real estate investors find millions in redevelopment funds. Sam Nazarian calls the new SLS the “future of Las Vegas.”
Sun, May 06, 2012
The license to create a casino a the Rocky Gap Lodge and Golf Resort (l.) in western Maryland was awarded to Evitts Resorts, a subsidiary of Lakes Entertainment.
Sun, May 06, 2012
The first of four casinos authorized by Ohio’s voters will open in about a week in downtown Cleveland after the Ohio Casino Commission licensed its owners, Rock Ohio Caesars. The Horseshoe Casino Cleveland (l.) is expected to draw an additional 5 million visitors to the state.
Sun, May 06, 2012
Pinnacle Entertainment, a Las Vegas-based casino company, has bought a controlling interest in a Retama Park, a racetrack near San Antonio, looking ahead at the possibility of gaming expansion in the Texas several years down the road.
Sat, Apr 28, 2012
Bossier City officials announced the city will spend $6 million on road improvement leading up to the opening of the Margaritaville Casino next May. Despite poor weather, construction continues on the Jean Band of Choctaw Indians’ Grant Parish casino. And in Porterville, officials are considering lifting card-room limits.
Sat, Apr 28, 2012
Conservative Monte Miller withdraws his petition to raise casino and mining taxes when a union-supported business tax also founders. But the AFL-CIO pledges to press on.
Sat, Apr 28, 2012
Ralph Topping (l.), CEO of the William Hill, says the company’s Nevada license is on track for approval. William Hill bought three sports books in the Silver State.
Sat, Apr 28, 2012
The mayor of Hardeeville, South Carolina and developers of a casino in Jasper County are optimistic about bringing a casino to the Hilton Head area. However, Governor Nikki Haley, whose approval is required, remains firmly against the project and an opposition group has formed in the community.
Sat, Apr 28, 2012
Five Western New York counties support the push to limit full casino licenses to the state’s nine existing racinos. They are, not surprisingly, home to several of those racinos.
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