Sun, Apr 17, 2011
The hammer finally came down on the most popular online poker sites in the U.S. when the federal government last week indicted 11 officials of the companies and arrested two of them. The Justice Department has shut down the U.S. websites of the companies. Wynn Resorts has terminated its agreement with one of the indicted companies.
Sun, Apr 17, 2011
Pennsylvania has chosen Nemacolin Woodlands, the Fayette County resort, as the winner of the final Category 3 resort-class casino license, which authorizes up to 600 slots and 50 table games. The Isle of Capri will create and manage a Lady Luck casino (l.) near the resort itself. The victory means that Gettysburg won’t get a casino on the week of the 150th anniversary of the start of the Civil War.
Sun, Apr 17, 2011
In a surprise announcement, MGM Resorts revealed that it would become the majority owner of MGM Grand Macau. Partner Pansy Ho (l.) will put her own equity into the previously announced IPO, which will reduce her holdings in the company by about half. MGM will buy 1 percent from her and the investing public will own the remaining equity.
Sun, Apr 17, 2011
Gaming legend Kirk Kerkorian last week announced he was stepping down from the board of MGM Resorts. Kerkorian, 93, is founder of the company and has been instrumental in developing the casino giant into the worldwide force it is today.
Sun, Apr 17, 2011
The District of Columbia has approved a budget that allows the state-run lottery to offer a poker website within its borders, becoming the nations first jurisdiction to allow online gaming. But the site could run into trouble against murky federal legislation and other obstacles. In Nevada, a bill legalizing intrastate online poker was approved by an Assembly committee.
Sun, Apr 17, 2011
The British sports betting giant buys two Nevada companies, giving William Hill a dominant position running dozens of sports books in the state. The company also buys America’s first mobile sports betting platform.
Sun, Apr 17, 2011
Caesars Entertainment last week reached a deal with Suffolk Downs Raceway (l.), near Logan Airport in Boston, to build a $600 million gaming entertainment center. Meanwhile, the speaker of the Massachusetts House indicated that he is open to compromise on the issue of racinos in order to make gaming legislation happen in the Bay State.
Sun, Apr 17, 2011
Senators Jon Kyl (l.) and Dianne Feinstein want to make it harder for tribes to put land into federal trust if the land isn’t near the tribal homeland.
Sun, Apr 17, 2011
A weak first quarter and warnings about future earnings have sunk the price of WMS shares, creating speculation about other slot companies and the future of that supplier sector.
Sun, Apr 17, 2011
Comments by Las Vegas Sands Chairman Sheldon Adelson during an earnings call accusing competitor Genting bhd of using unlicensed VIP operators at Resorts World Sentosa (l.) has spurred an investigation by Singapore regulators.
Sun, Apr 17, 2011
The Grand Waldo will build space for an outlet mall, one of the only retail segments currently missing from the Macau shopping market. But the bottom line for Grand Waldo is targeting the Taiwan and Japanese markets.
Sun, Apr 17, 2011
The reanimated casino issue in Taiwan appears to be moving forward with as much speed as a government can manage. Meetings to get local input on the revised gaming bill, which would not face a vote until early 2012, have already begun.
Sun, Apr 17, 2011
Plans to increase the U.S. military presence on Guam are said to be breathing new life into casino projects in the Northern Mariana Islands.
Sun, Apr 17, 2011
Las Vegas Sands has set firm conditions on any project it might want to pursue in Vietnam. The operator has said it will only consider a location in one of the major cities, such as Hanoi or Ho Chi Minh City.
Sun, Apr 17, 2011
The Isle of Man is today better known as a base for online gaming operators. Now, in an effort to boost business tourism, the government there is looking for a developer to build a hotel and conference center—and finally make use of a second casino license approved in the 1980s.
Sun, Apr 17, 2011
The future Greek VLT market is starting to look very different than what was originally proposed. MPs of the ruling party are calling for a monopoly operator for the 30,000 VLTs.
Sun, Apr 17, 2011
One of Germany’s largest casino operators, WestSpiel Group, has reported 2010 revenue well below that of the year earlier. Management seems resigned to the fact that competition from street slots and online gaming is not going away, and is taking steps to better position the company. The company’s casino in Bad Oeynhausen (l.).
Sun, Apr 17, 2011
The planned demerger of the casino division from the other gaming activities of Australian operator Tabcorp is scheduled for a shareholder vote on May 30. If all goes through, the four-casino entity, including Sydney’s Star City (l.), with revenues of over A$1 billion will soon begin trading as Echo Entertainment.
Sun, Apr 17, 2011
Two Dakota First Nations tribes have signed an agreement with a golf resort to add a casino that the provincial government says would be illegal.
Sun, Apr 17, 2011
Operator Casinos de Angola will build a new casino in the capital Luanda. The plan is for a $35-million investment adjacent a luxury hotel and in the vicinity of new upscale housing and office space.
Sun, Apr 17, 2011
After five days of hearings that stretched over a weekend, the controversial proposal by Paragon Gaming to build a $500-million casino and hotel complex next to B.C. Place Stadium in Vancouver ended with no clear winner.
Sun, Apr 17, 2011
Online gaming regulation has again inched forward in Spain. But the legislation appears to have a long way to go before a result.
Sun, Apr 17, 2011
Two bills in the California legislature would legalize online poker. One of them, which would give the edge to a consortium of gaming tribes and card clubs, is seen as the bill most likely to pass.
Sun, Apr 17, 2011
Gaming Laboratories International joined with the Melchers law firm to host a symposium in Germany on supervisions and regulation of internet gaming in Europe.
Sun, Apr 17, 2011
Detroit Mayor Dave Bing (l.) wants to raise $41.3 million by increasing taxes on the city’s three casinos by 3 percent. State lawmakers would have to approve the proposal.
Sun, Apr 17, 2011
Ohio Governor John Kasich (l.), who opposed the constitutional amendment that will make four regional casinos possible, now wants to collect more money from them than the amendment calls for.
Sun, Apr 17, 2011
A vote to kill a bill allowing five destination resort casinos in Florida was taken after the official deadline, so now the bill is considered “temporarily passed.” But it’s not likely to move forward given the sentiments of the Republican leadership. Senator Ellyn Setnor Bogdanoff (l.) is trying to keep the bill alive.
Sun, Apr 17, 2011
The partners in the defunct Foxwoods Philadelphia casino project have filed an appeal in Commonwealth Court seeking a reverse of the revocation of their license.
Sun, Apr 17, 2011
The new owners took over less than four months ago, but they’re almost ready to reopen the Grand Siena Hotel Spa Casino in Reno. The renovation cost $5 million.
Sun, Apr 17, 2011
The local partners in the SugarHouse Casino have filed a lawsuit against Neil Bluhm, the majority owner of the casino, claiming a plan to modify an expansion plan required a hearing and vote.
Sun, Apr 17, 2011
A bill to add enticements for potential bidders to take on the slot license that comes with ownership of a lodge at Rocky Gap State Park has passed the Maryland legislature.
Sun, Apr 17, 2011
The struggling horse racing industry in New Jersey has recently gotten a boost by the passage of two racetrack bills. Meanwhile, private investors Jeffrey Gural and Morris Bailey are in negotiations to take over the Meadowlands Racetrack and Monmouth Park Racetrack, respectively.
Sun, Apr 17, 2011
Rhode Island’s Governor Lincoln Chafee wants to hire a consultant to do a study on the social and economic effects of expanding gaming in the state. Five companies have shown interest in doing the study.
Sun, Apr 17, 2011
Workers at Wynn Resorts want to take the company’s controversial tip-sharing policy to court. They say arbitration is fruitless and the deck is stacked against them.
Sun, Apr 17, 2011
The owners of Resorts Casino Hotel in Atlantic City have settled a dispute over an unpaid utility bill, which resulted in a temporary shutdown of the casino’s cooling and heating system.
Sun, Apr 17, 2011
Hotel is planned for a parcel of land across the street from the Las Vegas Convention Center. A gaming company has asked for interim gaming rights to preserve the license.
Sun, Apr 17, 2011
The popular slot parlor-cum-tavern has to change its set-up, rules county commission. The decision is a win for casino operators, who say Dotty’s isn’t a tavern at all.
Sun, Apr 17, 2011
Three years a casino developer who was able to sweet talk investors into pouring money into a variety of projects in Michigan, including a casino, disappeared, taking everyone’s money. He is still missing.
Sun, Apr 17, 2011
The operators of a casino cruise line that operates off the coast of New York say they’re unconcerned about new competition from Resorts World at Aqueduct.
Sun, Apr 17, 2011
Florida man beats Caesars Entertainment to the punch, trademarking the name of a new Vegas tower. The two sides are suing, but it’s Caesars that’s asking for a compromise.
Sun, Apr 17, 2011
Why help Finger Lakes? That’s the question being posed by a Rochester area newspaper, which calls proposed state aid to a racino ‘unconscionable’ in tough times.
Sun, Apr 17, 2011
The Casino Club, the new $80 million underground casino at the Greenbrier resort in Charleston, West Virginia, will be off limits to nearly 1,000 judges and lawyers when they gather for their annual conference in June. Court officials said they did not want the location of the conference to be seen as endorsing gambling.
Sun, Apr 17, 2011
A federal judge has dismissed the lawsuit that Temecula, California, filed last year against the Pechanga Band of Indians because the tribe hadn’t yet paid mitigation money for the Pechanga Resort Casino (l.) called for by an intergovernmental agreement between the tribe and the city.
Sun, Apr 17, 2011
The United States Senate Indian Affairs Committee recently approved a proposal that would grant native Hawaiians federal recognition similar to that of American Indians and Alaska natives. The bill would not allow for gambling, nor would it permit private land to be taken or a reservation to be established in Hawaii.
Sun, Apr 17, 2011
The Georgia Senate recently passed legislation including an amendment that would allow the state to veto contracts permitting Native American tribes to establish casinos in Georgia. The bill is not expected to pass out of the House.
Sun, Apr 17, 2011
Gaughan Gaming has filed a lawsuit in federal court against the Tonkawa Indians of Oklahoma, alleging the tribe violated management agreements by evicting Gaughan and barring its employees from its two casinos. The company seeks $30 million in damages.
Sun, Apr 17, 2011
Virginia McDowell will become chief executive officer at Isle of Capri, Inc. on April 25. James B. Perry will continue as executive chairman.
Sun, Apr 17, 2011
FutureLogic, Inc. has appointed Emilio Machado to head new business development in South America.
Sun, Apr 17, 2011
The company sends seasoned team members to emerging markets in the Asia-Pacific region. The market analysis firm now has offices in Sydney and Taipei.
Sun, Apr 17, 2011
Interblock’s uniquely designed multi-player electro-mechanical roulette table has been approved for sale in Nevada.
Sun, Apr 17, 2011
Iowa’s next new casino will use the Konami Casino Management System for slot and table game accounting, tracking and marketing.
Sun, Apr 17, 2011
Sydney’s Star City Casino will begin a trial of Novomatic’s Unity II multi-player game platform. Simon Witty, managing director of TCSJohnHuxley Australia and Star City’s Donna Jane Acornley, check out the install.
Sun, Apr 17, 2011
Bally Technologies has entered a multi-year contract to provide slot accounting and management systems across six Florida casinos of the Seminole Tribe.
Sun, Apr 17, 2011
Enhanced mychoice loyalty program offers guests opportunities to earn Mercedes-Benz automobiles, stays at Wynn Las Vegas and Royal Caribbean cruises. Pinnacle’s most loyal guests also can become members of the Owner’s Club and receive 100 shares of Pinnacle common stock.
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