GGB NEWS June 29, 2009
COVER STORY:
Kentucky Bails, Ohio Sails
A bill to add video lottery terminals to Kentucky's racetracks, pushed by the governor as necessary to save racing, died in a state Senate committee. But in Ohio, gaming got a boost from the previously anti-gaming governor, Ted Strickland, where the possibility remains for four casino complexes in the state's major cities.
FEATURED STORIES:
WEEKLY FEATURE: End Nears For Russian Casinos
The Russian government is in the process of closing down all casino and slot gaming businesses as planned (workers remove signs at one small Moscow casino). With no legal gaming options available after July 1, Russian players are expected to head for summer resorts on the Black Sea and in the Mediterranean for immediate relief. What happens come autumn is anybody's guess.
Single Candidate Emerges as Macau Leader
Not much is known about the former government official linked to the administration of the previous chief executive. Less is know on his intentions about issues of importance to the gaming industry.
MGM Not Selling Casinos; Drops Bankruptcy Warning
The Treasure Island will probably be the only Las Vegas sold by the company now that MGM Mirage CEO Jim Murren said he doesn't have any plans to sell any other casinos in Las Vegas because of low offers. And the company drops 'going concern' warnings in latest SEC filing.
August Casino Vote Set in Taiwan
Penghu County residents will go to the polls to voice their opinions on plans to bring gaming to the islands; Harrah's, MGM interested.
Taiwan Casino Referendum Planned
Taiwan is another step closer to casinos now that the central government will allow a casino referendum in Penghu County.
Tribe Hasn't Given Up On North Dakota Casino
Two years ago the Turtle Mountain Casino looked finished. But now, with economic times hard, the Turtle Mountain Band of Chippewa in North Dakota are finding more enthusiasm for a casino in Grand Forks.
Situation Fluid in Goa
With the elections and anti-casino campaign rhetoric now safely in the past, Goa politicians are getting down to the real business at hand. The casino ship situation is changing fast, and some surprises await those who thought the opposition was against all casino gaming.
ALSO:
Antigua Online Official Suspended
Report Says Macau Starting to Rebound
Monte-Carlo Feels Effects Of Global Downturn