Sun, Sep 27, 2009
In a surprise result, a referendum on gaming on the Penghu Islands goes down to defeat, leaving casinos off the coast of Taiwan in doubt. Proponents of gaming are shocked and are carefully evaluating the next steps if gaming is to be approved on other Taiwanese islands.
Fri, Sep 25, 2009
The Obama administration has indicated that it may look favorably on regulations that would permit an expansion of off reservation casinos, reversing a policy that was established during the Bush administration. But Senate Majority Leader Harry Reid (l.) objects.
Fri, Sep 25, 2009
After receiving word that Governor Ed Rendell (l.) will sign a bill to legalize table games to close the budget deficit, Pennsylvania lawmakers are crafting legislation to make it happen.
Fri, Sep 25, 2009
With record August numbers, relaxed visa restrictions, new casinos and highly anticipated IPOs, Macau is back! Or is it? Stanley Ho’s newest casino, L’Arc (l.) opens in this hopeful atmosphere, while Steve Wynn explains his Hong Kong IPO.
Fri, Sep 25, 2009
The ruling last week by the Ohio Supreme Court that Governor Ted Strickland’s plan to turn the state’s seven racetracks, including River Downs (l.), into racinos, and fill nearly a $1 billion budget hole requires approval by the voters next year puts its chances behind that of a four-casino resort regional plan offered to voters in November, experts say.
Fri, Sep 25, 2009
There is good and bad news about the current state of the gaming economy and it’s come down to a debate between the bull and the bear.
Fri, Sep 25, 2009
A state commission has approved a license for Ocean Downs near the Maryland shore to become the state’s first racino with an initial 800 slots.
Fri, Sep 25, 2009
When the project leaders of Spain’s Gran Scala received their legal footing in July, it looked like things were about to swing into high gear. Apparently, developing a plan that meets the demands of the new law is proving to be more time consuming than originally thought.
Fri, Sep 25, 2009
Business groups add their opposition; conversation turns to breaks for parimutuels, including Gulfstream Park (l.) in Broward County.
Fri, Sep 25, 2009
Tropicana executive Alex Yemenidjian recently announced that longtime friend Wayne Newton, the epitome of Las Vegas entertainment, will begin a residency at the Tropicana’s Tiffany Theater in October.
Fri, Sep 25, 2009
This week, the GGB Podcast features an interview with Bob DeSalvio, the president of the Sands Bethlehem Casino in Pennsylvania on the first six weeks of operation of his property.
Fri, Sep 25, 2009
Creator of the Stratosphere and Vegas character, Stupak’s passing marks the end of an era when the showman was the centerpiece on the Las Vegas Strip.
Fri, Sep 25, 2009
Defaults in Indian Country make lenders nervous and have revealed the complexities and personalities of transactions with tribes. Most recently, Michael Thomas (l.), chairman of the Mashantucket Pequot tribe, was put on leave after nearly defaulting on a tribal loan.
Fri, Sep 25, 2009
Following a coup in 2006 the legendary island paradise of Fiji suffered a drop in tourism. The interim prime minister who led the coup now wants to look at casino gaming as a means to improve visitor numbers.
Fri, Sep 25, 2009
The casino industry of Goa, India has been allowed to thrive because of its popularity with tourists. Now, the state’s tourism minister is in hot water, perhaps for being a little too fond of this particular leisure product.
Fri, Sep 25, 2009
An unconfirmed report has a minority interest in the company that controls the Casino di Venezia on Malta potentially being sold to a gaming operator from Russia. The casino has a history of operating at a loss both under public and private ownership.
Fri, Sep 25, 2009
When U.K. legislation created and awarded 16 new casino licenses, it seemed from the outside that the only remaining step was to put the licenses up for bid. However, in some locales, there appears to be little urgency to get to the business.
Fri, Sep 25, 2009
The Slovenian capital city’s only casino with table games managed to increase business even in this difficult year. The casino appears to be on track in its effort to become profitable.
Fri, Sep 25, 2009
Six months after its introduction, the game is declared a loser; legislators will pay $3M-plus to end it
Fri, Sep 25, 2009
Costa Rica is looking to introduce a system of regulation and taxation of the here-to-for open gaming industry.
Fri, Sep 25, 2009
One legislator’s last-minute effort to close all gaming venues in Bolivia has been rebuked by the speaker of his own party.
Fri, Sep 25, 2009
European court keeps door open to individual companies banning online wagering, upsetting the association that represents online casinos.
Fri, Sep 25, 2009
Estonia is refining its policy toward operators as the introduction of a regulated online gaming market approaches. Those looking to market their products to Estonian citizens may have to invest in a local license.
Fri, Sep 25, 2009
As Fontainebleau’s bankruptcy case continues, rescue by Penn National seems less likely, especially since a group of creditors petitions the court to liquidate the property.
Fri, Sep 25, 2009
Massachusetts’s top legislative leaders, House Speaker Robert A. DeLeo and Senate President Therese Murray (l.), appear in accord that the state should have casinos. Now they must put together a bill that accomplishes that.
Fri, Sep 25, 2009
An investor group wants to transform the idle Georgetown Raceway into a racino, marking the third proposal in the state for a new gambling facility.
Fri, Sep 25, 2009
The approval of a financing plan for Philadelphia’s SugarHouse Casino by the Pennsylvania Gaming Control Board clears the way for the project to begin construction of its waterfront casino.
Fri, Sep 25, 2009
Co-owner of Atlantic City’s Borgata has no association to Ho family, say New Jersey regulators. Partner MGM Mirage has to answer questions about its Macau partnership with Pansy Ho (l.).
Fri, Sep 25, 2009
Hotels were on the minds of members of the Kansas Lottery Gaming Facility board when it began hearings on the final two bidders to build and operate state-owned casinos in Wyandotte and Sumner counties. Just because they are the only bidders doesn’t mean they didn’t get some tough questions.
Fri, Sep 25, 2009
Federal labor board dismisses attempt by some casino dealers to decertify 2007 election results, but petition tossed until legality of original vote decided.
Fri, Sep 25, 2009
GOP candidate attacks ‘colossal error in judgment’ by Democratic incumbent. Jon Corzine (l.) admits to holding investments in a company that owns Harrah’s Entertainment, Atlantic City’s largest casino operator.
Fri, Sep 25, 2009
Pennsylvania regulators approved transfer of ownership of the Mount Airy Casino Resort from Louis DeNaples to his daughter, in a deal that facilitated dropping perjury charges against DeNaples.
Fri, Sep 25, 2009
For the first time in 30 years the revenues from all four forms of commercial gaming, from racing, lotteries, casinos and racinos collected by state and local governments, has declined, according to a report by the Rockefeller Institute of Government.
Fri, Sep 25, 2009
Recent police involvement at nightclubs and pools on casino properties led the Nevada Gaming Control Board to take action. The board recently held a seminar to foster discussion of regulations so gaming operators can avoid fines.
Fri, Sep 25, 2009
Unemployment in Las Vegas may shrink this month—the highly anticipated CityCenter project will open in December, and recently extended nearly 12,000 job offers to fill positions at the resort’s hotels and casino.
Fri, Sep 25, 2009
The two largest gaming companies have made efforts to raise money to refinance debt. MGM wants to raise almost half a million dollars and Harrah’s has made a series of moves this month in an effort to reduce its heavy debt load. But Harrah’s has also purchased another property’s debt, leaving many to speculate what the company’s future plans are.
Fri, Sep 25, 2009
The Las Vegas-based gaming company had planned to exit bankruptcy with few hitches, but an Iowa non-profit is alleging that Herbst has not obtained its permission to transfer its Iowa gaming license at Terrible’s Lakeside Casino (l.) to the new, post-bankruptcy company.
Fri, Sep 25, 2009
Soon the bankruptcy judge in the Greektown Casino in Detroit’s Chapter 11 process will choose between two competing plans—but unsecured creditors and bondholders stand to lose everything no matter which plan is chosen.
Fri, Sep 25, 2009
Company directed study finds that the 2007 private equity buyout of the Las Vegas locals company was done in good faith.
Fri, Sep 25, 2009
Black Hawk, Colorado will soon be the home of a luxury hotel and spa when Ameristar Casinos opens its $235 million expansion this week.
Fri, Sep 25, 2009
Although one purpose of the rewrite of the state tribal gaming compact between Michigan and the Nottawaseppi Huron Band of Potawatomi was to minimize the impact of politics on the disbursement of local funds by the FireKeepers Casino, a provision that requires a unanimous vote may make that hard to realize.
Fri, Sep 25, 2009
The Gila River Indian Community, based in Ahwaktukee, Arizona, plans to open a new casino on October 30 despite the economic downturn.
Fri, Sep 25, 2009
The governor of Nevada has appointed the leading slot manufacturer’s responsible gaming director to a state advisory committee on the disbursement of problem gambling funds.
Fri, Sep 25, 2009
Grupo Comatel of Spain will distribute the products of table game supplier TCS John Huxley in the Spanish gaming market. And Huxley also names a director, Adam McGregor (l.), in Macau.
Fri, Sep 25, 2009
Japan Cash Machine Germany GmbH has changed its name to better reflect its current pan-European mission.
Fri, Sep 25, 2009
Start-up company Blue Yonder Gaming has released a platform to allow casinos an easy and low-cost path to networked gaming.
Fri, Sep 25, 2009
Bulgaria-based Casino Technology has been in the game for 10 years. The company is releasing a number of new games at regional trade shows to punctuate the accomplishment.
Fri, Sep 25, 2009
M3 and Datatrend Technologies recently announced the arrival of their new cash management systems, which will help casino operators to track cash and cut costs.
Fri, Sep 25, 2009
The Gaming Standards Association, the trade group that has designed and deployed standards for gaming industry-related technologies and products since 1998, will be discussing its protocols at this year’s G2E.
Fri, Sep 25, 2009
The table game manufacturer reached its goal of 100 units sold for the new Bonus Jackpot System, which offers players bonus rewards at table games.
Fri, Sep 25, 2009
Harrah’s Entertainment, already one of the industry leaders in “green” initiatives, has taken it to another level with its members in “Team Earth,” an organizations of corporations hoping to raise awareness of environment cause and concerns.
Fri, Sep 25, 2009
U.K.-based supplier TCS John Huxley has decided to forego a booth at the annual G2E trade show and opted instead for a private display area elsewhere in Las Vegas that same week.
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