Vol. 9 • No. 3 • January 24, 2011 - Print This Issue
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Vol. 9 • No. 3 • January 24, 2011, Featured Articles, FANTINI'S FINANCE
FANTINI’S FINANCE: Housing: Hiccup Or Double Dip?
Casino stock prices take time to cool off after a long run of positive news boosted the value. But the fear of a renewed recession still leaves some wondering what’s next.
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WEEKLY FEATURE: Belle Eyes PAGCOR
Huge Philippine company is interested in buying the assets of PAGCOR. Controlled by billionaire Henry Sy (l.), the company is already involved with a casino in PAGCOR’s Entertainment City in Manila, which will open by the end of the year.
Delaware Again Examines Expansion
A bill being drafted by the state House Majority Leader Pete Schwartzkopf (l.) would give Delaware two new casinos, an effort likely to be fought by the three existing racinos.
Cuomo Inherits Paterson’s Problems
New York Governor Andrew Cuomo (l.) faces fallout from Mohican deal inked by his predecessor. He must also collect overdue revenues from a tribe that claims the government breached its compact.
Massachusetts Governor Conciliatory on Casinos
Massachusetts Governor Deval Patrick and House Speaker Robert DeLeo (together at l.) were both making conciliatory noises last week that might indicate some movement is possible on a gaming bill this year in the legislature.
Vancouver Could OK Mega-Casino
Proposed project at the Vancouver’s stadium would include 1,500 slots and be the largest overall gaming-based development in Western Canada.
Florida Officials Sending Mixed Gaming Signals
The governor and the state legislature are carefully dancing around the issue of expanded gaming in Florida. While there is support for gaming, opposition can be expected from the Seminoles, the family attractions around Orlando, particularly Disney, and the Bible Belt northern panhandle.
Pollack, Duke Form New Hold’em League
Three tour events this year and a fourth in early 2012 will culminate in a championship round in a new professional poker league being set up by former WSOP Commissioner Jeffrey Pollack and superstar player Annie Duke (l.).
McDowell Promoted at Isle of Capri Casinos
Virginia McDowell was named chief executive officer and James Perry was named executive chairman at the Creve Coeur, Missouri-based regional casino company. McDowell becomes the only female chief executive among the nation’s major casino companies.