Fri, Jan 22, 2010
An agreement between one of the owners of Detroit’s Greektown Casino and the Isle of Capri to bring the company in as a management consultant is rejected by the bankruptcy court. Randy Fine and the Fine Point Group may return.
Fri, Jan 22, 2010
By inserting revenue from legalized slots at state racetracks, Kentucky Governor Steve Beshear (l.) is putting the legislature on the spot. But a bill in the legislature that would change the state constitution to allow gaming is being opposed by the racetracks.
Fri, Jan 22, 2010
Even though it wasn’t included in the initial Maryland slots legislation due to opposition from its legislative reps, Senate President Thomas V. Mike Miller Jr. (l.) wants to introduce a bill that would allow a location in Prince Georges County.
Fri, Jan 22, 2010
The Iowa board in charge of issuing gaming licenses was being extra careful scrutinizing four plans for casinos to add to the 17 already in operation. Commissions pronounced themselves happy with two plans and unhappy with two others.
Fri, Jan 22, 2010
Rep. Marcel Black wants to give commercial casinos the right to offer all the games offered at tribal gaming halls. The Indians, who are not subject to state regulations, do not have to conform with stringent new state standards for bingo.
Fri, Jan 22, 2010
Kansas has been trying to attract a viable casino bidder for the right to build a state-owned but privately operated casino resort the Southeast zone, but the problem is that the minimum investment of $225 million is seen as too high. A state representative wants to do something about that.
Fri, Jan 22, 2010
It must be an election year. Both parties in Illinois are blaming each other for a bill passed last year that could allow up to 45,000 slot machines in the state, and which has turned out to be unpopular.
Fri, Jan 22, 2010
A Texas hotel chain owner is gathering signatures to put an issue on the ballot in Arkansas that would give him a monopoly on building casinos in the state.
Fri, Jan 22, 2010
Yet another “deadline” comes and goes in the long wait for a Big A racino operator. Governor David Paterson had pledged to make the announcement January 8.
Fri, Jan 22, 2010
Penn National Gaming Inc. is hedging its bets in Ohio. Although it has agreed to look at the feasibility of building a regional casino resort in Columbus, Ohio in another area than that specified by the constitutional amendment that the voters passed in November, it exercised its option and bought 24 acres in the city’s Arena District.
Fri, Jan 22, 2010
A sharp increase in baccarat win has pulled Las Vegas casinos from the economic doldrums. The high stakes table game is popular with international “whales,” and though the house edge is small, in November, Las Vegas got lucky.
Fri, Jan 22, 2010
New Jersey senator proposes plan to slash sales and room taxes by three-quarters at Revel Entertainment's upcoming Boardwalk casino. But a prominent Atlantic City union chief calls it “corporate welfare” and a bad deal for casino workers.
Fri, Jan 22, 2010
Dealers at Caesars have been attempting to unionize for the past two years, but a failure to compromise has left Caesars, the Transport Workers Union and the dealers at an impasse.
Fri, Jan 22, 2010
As Reno resorts attempt to remain competitive despite the recession and the success of California tribal gaming, some gaming operators worry that prices are being cut too low.
Fri, Jan 22, 2010
Video gambling has been banned in North Carolina—except at the state’s Cherokee casino—so gaming operators are turning to video sweepstakes machines to generate revenue, despite hefty fees.
Fri, Jan 22, 2010
The owner of two sites in Planet Hollywood’s Miracle Mile Shops, Krave nightclub and Harmon Theater, Krave Entertainment has filed for bankruptcy reorganization.
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