Fri, Nov 06, 2009
Now that Issue 3, which would authorize four casino resorts in Ohio’s largest cities has been passed by the voters, it must survive tinkering by lawmakers and possible lawsuits. But right now proponents are just celebrating.
Fri, Nov 06, 2009
Steve Wynn (l.) backs out of Aqueduct bidding; more bidders could defect as New York's Paterson raises his upfront fees. Only Penn National Gaming initially offered $200M for the rights to a racino in Queens borough.
Sat, Nov 07, 2009
As the LV Sands IPO gets the official OK, the company outlines how it plans to use the approximately $2.5 billion it hopes to raise, including restarting construction on the dormant Cotai Strip parcels 5 & 6 (l.)
Sat, Nov 07, 2009
This week’s GGB Podcast features an extended interview with Michael Leven, the president and chief operating officer of Las Vegas Sands, on his role in the company, his relationship with the chairman and his view on the upcoming opening of the company’s Singapore project.
Fri, Nov 06, 2009
Boyd Gaming is asserting itself as a major player in the Station Casinos bankruptcy case after filing a recent motion supporting a minority group of lenders’ request to have an examiner look at Station’s finances.
Fri, Nov 06, 2009
Chris Christie (l.), the new governor of New Jersey, who pledged to keep VLTs out of the state's racetracks, must solve a seemingly insoluble problem: keeping both casinos and horse racing alive and well in the Garden State.
Sat, Nov 07, 2009
Hopes are getting bleaker for the proposed $150-million-a-year tribal deal, which could be supplanted by a gaming free-for-all in the Sunshine State, according to the House gaming committee leader, Rep. Ellyn Bogdanoff (l.). The issue may go to a referendum in 2010.
Fri, Nov 06, 2009
More than a year after first attempting to take Landry’s Restaurants Inc. private, CEO and Chairman Tilman Fertitta’s most recent bid for the Golden Nugget parent company has been approved.
Sun, Nov 08, 2009
Even when the people approve a referendum favoring a specific company, the government can come in and change the circumstances remarkably. Just look at Ohio this week.
Sat, Nov 07, 2009
While the Indian state of Goa wrestles with its shipboard-casino problems, a state in the shadows of the Himalayas, Sikkim, is jumping into the future with an RFP for as many as three online betting licenses.
Sat, Nov 07, 2009
As Ireland examines its outdated gaming legislation, an ambitious new project that incorporates a world-class casino has been floated by a successful local developer.
Sat, Nov 07, 2009
Meeting with President Barack Obama and his administration fulfills a pledge made during the campaign, and the Embassy of Tribal Nations (l.) debuts, as well.
Sat, Nov 07, 2009
Despite renewed visa restrictions, gaming revenue in Macau reached record levels in October, which included the “Golden Week” holiday, one of the longest holidays of the year at eight days.
Sat, Nov 07, 2009
A huge casino/resort/residential project is being planned in Inner Mongolia. The Chinese real estate company developing this project recently hired a large New York architectural firm to design the massive development.
Sat, Nov 07, 2009
Island of Hengqin is planned to be developed as a non-gaming tourist attraction with a huge increase in population.
Sat, Nov 07, 2009
Denmark is heading down an unusual road for a Scandinavian country. Breaking from its monopolist past—and that of fellow Scandinavian nations Sweden and Norway—the Danish experiment will in any case be a source of information for future such efforts.
Sat, Nov 07, 2009
Higher levies on gaming are viewed by governments worldwide as a politically easy solution to any decrease in tax revenue. No surprise then that gambling is being targeted in Bulgaria.
Sat, Nov 07, 2009
The Polish government appears to be following through on its threat to ban slots outside of casinos and put the brakes on gaming in general.
Sat, Nov 07, 2009
In an effort to raise much needed funding, last July the Greek government passed a law taxing players’ winnings from lotteries and sports betting. The tax has yet to be instituted and faces potential changes from the newly installed government.
Sat, Nov 07, 2009
The headline may read that Australian operator Tatts is leaving South Africa, but the bigger story is that a successful South African startup is gaining in size and stature.
Sat, Nov 07, 2009
The largest hotel group in the world by number of rooms will become even larger when it opens its newest Argentina property in Q1 of 2010.
Sat, Nov 07, 2009
Ontario Liberals, pledging new era of transparency in government contracts, must decide if they will renegotiate the current lease for Casino Niagara or throw it open to other venues in the province.
Sat, Nov 07, 2009
Ladbrokes plc is the latest U.K. firm to decide that taxes are too numerous and too high to justify keeping its sports book at home.
Sat, Nov 07, 2009
BetOnSports.com founder Gary Kaplan was recently sentenced to 51 months in prison for violating the U.S. Wire Wager Act and racketeering.
Sat, Nov 07, 2009
The sale of the World Poker Tour is up in the air again as a new company submits a bid that is a quarter again higher than a subsidiary of PartyGaming has offered.
Fri, Nov 06, 2009
Profits are off by 50 percent at one Delaware racino, Dover Downs (l.), as the state’s parlay sports-betting plan offers little help.
Fri, Nov 06, 2009
Deadwood, South Dakota was on the brink of being forgotten until gambling was legalized in 1989. Now, as the city celebrates 20 years of legal gambling, casino operators are discussing the possibility of adding roulette and craps to their repertoires.
Fri, Nov 06, 2009
After failing to make a $13.4 million interest payment on its loans, Pennsylvania affiliates of the Indianapolis-based owner of Hoosier Park (l.) are filing for bankruptcy protection, as the operator contemplates a company-wide reorganization.
Fri, Nov 06, 2009
Company revenues grew primarily through properties in Louisiana; CEO Dan Lee (l.) promises a second casino on Lake Charles. Net loss was attributed to debt repayment.
Fri, Nov 06, 2009
Fontainebleau Las Vegas filed a motion indicating that it intends to appeal U.S. District Judge Alan Gold’s ruling in favor of the resort’s creditors.
Fri, Nov 06, 2009
Nevada VoteCo., a limited liability company that owns the entirety of the Cosmopolitan Resort & Casino, recently filed for a casino license with the Nevada Gaming Control Board.
Fri, Nov 06, 2009
In a recent interview with the Associated Press, Wayne Newton said he will make a decision about the future of his career after his show at the Tropicana, “Once Before I Go,” concludes in April.
Fri, Nov 06, 2009
Herbst Gaming will exit bankruptcy once its reorganization plan is approved by Nevada gaming regulators. The plan was OK’d by bankruptcy Judge Gregg Zive.
Fri, Nov 06, 2009
Get it done but get it done right appears to be the mantra that Massachusetts lawmakers are laboring over as they began hearings on 16 various gaming expansion proposals for the Bay State.
Fri, Nov 06, 2009
Licensing hearings scheduled for next week, as competitors have differing views on how it will impact their properties. MGM Mirage has its own operational challenges, as well.
Fri, Nov 06, 2009
The Sands Casino Resort Bethlehem will open a new Emeril Lagasse restaurant and a new Carnegie Deli outlet.
Fri, Nov 06, 2009
Mohegan Sun at Pocono Downs is making preliminary plans for an expansion that will add a hotel and conference center to the Pennsylvania racino.
Fri, Nov 06, 2009
Auction price was higher than the minimum, but not nearly enough to pay off an estimated $4M in debts incurred by the Florida gaming cruise line.
Sat, Nov 07, 2009
Government agency reports that Norwich and New London each have a disproportionate number of disordered gamblers, based on phone-in help lines.
Sat, Nov 07, 2009
Another plan has been proposed to lead Greektown Casino in Detroit, Michigan out of bankruptcy, challenging the plan put forward by Merrill Lynch.
Sat, Nov 07, 2009
The Kansas Lottery Gaming Facility Review Board appears to be unhappy about two of the proposals that it has gotten for two of its gaming zones. But in the current economic climate it could be forced to settle for them.
Sat, Nov 07, 2009
Mayor Richard Daley kind of likes the idea of a casino in Chicago, but if it happens, he says, it has to happen HIS way, and be run by the city.
Sat, Nov 07, 2009
Warner Gaming chief sees greener pastures in Massachusetts, will not pursue license to operate troubled Twin River slot parlor.
Sat, Nov 07, 2009
Arizona casinos are moving toward Las Vegas-style gaming and hospitality, with two new resorts hoping to attract both locals and tourists with large casino floors and high-end amenities.
Sat, Nov 07, 2009
Six years after winning approval for a casino from Romulus voters, the Hannaville Indian Tribe is now receiving support from the federal government to build a casino in Michigan.
Sat, Nov 07, 2009
Employees of the Dairyland Greyhound Park in Wisconsin want Congress, local lawmakers, somebody, to do something that would allow the racetrack to become a racino.
Sat, Nov 07, 2009
Flip-flop is the term that critics of the Contra Costa County Board of Supervisors are using since the board dropped its opposition to a mega casino along San Francisco Bay in return for $12 million a year.
Sat, Nov 07, 2009
The Ho-Chunk Nation of Wisconsin thinks it has a better shot at getting federal approval to put land into trust to build a casino in Beloit than two other tribes who have been trying to do the same for ten years.
Sat, Nov 07, 2009
The Chickasaw Nation of Oklahoma will be buying Lone Star Park racetrack in Grand Prairie for $47.8 million, which is $20 million more than the tribe originally planned to pay.
Sat, Nov 07, 2009
Lord Leonard Steinberg, founder of gaming industry giant Stanley Leisure and executive chairman of Electronic Game Card, Inc., recently passed away.
Sat, Nov 07, 2009
President and COO Mike Chambrello is replacing CEO Joe Wright when he retires at the end of this year. Chambrello will also be joining the new Office of the Chairman to provide insight to Scientific Games.
Sat, Nov 07, 2009
No reason was given for the racetrack president's sudden exit; he had been in the post less than two years.
Sat, Nov 07, 2009
Preferred Public Relations’ new director of client services is Mindy Eras, former corporate communication manager for Las Vegas Sands Corp.
Sat, Nov 07, 2009
Tribal councilman Rodney Butler (l.), now in his third term, acknowledges “challenging times” as tribe grapples with $2B in debt.
Sun, Nov 08, 2009
The upcoming Global Gaming Expo (G2E), November 17-19 at the Las Vegas Convention Center, promises to bring hundreds of speakers to the conference program, many of them considered to be the foremost experts in their fields.
Sun, Nov 08, 2009
Slot manufacturer Bally Technologies reports rising profits despite a double-digit drop in revenue for its first fiscal quarter.
Sun, Nov 08, 2009
Slot manufacturer Atronic has signed a distribution agreement with ecash Technologies to distribute cash redemption terminals in European, Latin American and South African gaming markets.
Sun, Nov 08, 2009
The Cirsa and Pringsa corporations, owners of the Emotion gaming property in Puerto Vallarta, Mexico, named PokerTek its preferred vendor for automated poker tables.
Sun, Nov 08, 2009
The new casino of Arizona’s Gila River tribe opened with table games and chips supplied by Gaming Partners International Corporation.
Sun, Nov 08, 2009
Agreement adds up to 2.5M worldwide customers for New York Racing Association races.
Sun, Nov 08, 2009
Stanley Ho’s daughter, actress Josie Ho (l.), gets a starring role in a movie that hits close to home.
Mon, Nov 09, 2009
Confrontation with St. Louis politician over rezoning of land for casinos leads to resignation of the Pinnacle head. Company acts quickly to replace him temporarily with board members who have extensive gaming experience. But impact on Pinnacle Entertainment will be immediate.
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