Fri, May 15, 2009
A week after the state House narrowly rejected sports betting because of an attached tax increase, a compromise bill, with a lower tax hike and authorization for both sports betting and table games in Delaware’s racinos, was signed into law. Dover Downs’ Ed Sutor (l.), however, says the devil is in the details.
Fri, May 15, 2009
It’s a crowded field as all of last year’s contenders give it another try, along with Penn National, Steve Wynn, and several minority-owned business groups. New York Governor David Paterson (l.) wants to see a choice made quickly.
Fri, May 15, 2009
A last-minute deal with the Brumby administration in Victoria has raised the tax rate on pokies at Melbourne’s Crown Casino, but given the property man more tables.
Fri, May 15, 2009
Despite brutal conditions, commercial casinos remain vital economic contributors to their communities and to the nation, says Frank J. Fahrenkopf, Jr. (l.), president and CEO of the AGA.
Fri, May 15, 2009
As first quarter numbers continued to show declining revenues in Macau, Las Vegas Sands has announced it may lay off as many as 3,000 more workers and could issue an IPO for its Macau properties, including the Four Seasons (l.).
Fri, May 15, 2009
This week, the Global Gaming Business Podcast features an interview with Mark Gore, the vice president and general manager, and Phil Shalala, the vice president of marketing, of the Hard Rock Hotel in Las Vegas.
Fri, May 15, 2009
The legendary Claudine Williams, a trailblazing casino owner in Nevada, passes away, with tributes from all sectors of the gaming industry.
Sat, May 16, 2009
Steve Wynn and Brad Friedmutter (l.), along with several others, were honored by Hospitality Design Group at its annual trade show in Las Vegas.
Fri, May 15, 2009
NCRG launches nation’s first research centers of at Yale and University of Minnesota, joining other prestigious institutions.
Fri, May 15, 2009
Finance committee could not justify action during crucial budget phase; refused to risk up to $400 million in gaming revenues
Fri, May 15, 2009
State government may be requiring the floating casino in Goa to move to a more dangerous and less accessible waterway.
Fri, May 15, 2009
The Indian Premiere League, a cricket league, buckled under pressure from India’s Sports Minister last week and cancelled plans for a text messaging competition based on the outcome of play that the minister had called gambling.
Fri, May 15, 2009
When the casino industry shuts down on June 30, plans to remain open and operate as “poker clubs” are coming under fire.
Fri, May 15, 2009
GuocoLeisure withdraws bids to operate up to 30 British casinos because of unfavorable changes to gaming laws.
Fri, May 15, 2009
Holland Casino is having to get used to an entirely new operating environment. The state-owned monopoly is running into heavy losses after years of increasingly positive results.
Fri, May 15, 2009
Strange happenings in Malta as the license for a casino hurt by the spread of unregulated gaming machines could end up in the hands of an operator of those very machines.
Fri, May 15, 2009
In an attempt to save its monopolies, Finland seems willing to eliminate all advertising for gaming of any kind.
Fri, May 15, 2009
The U.K. Gambling Commission has released adjustments to its regulations for operators at the same time it has gotten serious about upholding some specific if not minor points of its own laws.
Fri, May 15, 2009
A plan to save the only casino in the capital city of Slovenia still has some crucial tests ahead of it.
Fri, May 15, 2009
The region's largest casino resort operator is still looking for its new general manager. Whoever is chosen will have to work to turn around the negative result experienced so far this year.
Fri, May 15, 2009
A religious leader in Solihull said he is opposed to a casino because he sees it as a step backward.
Fri, May 15, 2009
The developer of a new shopping center that will feature a casino appears to have found funding and a delayed building permit.
Fri, May 15, 2009
Buddy’s Princess International Hotel has received a license to open the nation’s first casino, in Georgetown, Guyana, as part of an effort to transform the country into a tourist destination.
Fri, May 15, 2009
Gaming in Panama continues to be a growth industry as renovations planned before the economic downturn are completed.
Fri, May 15, 2009
A deal between MGM Mirage and RMAL Hospitality will bring the Bellagio, MGM Grand and Skylofts hotels to Dubai Pearl.
Fri, May 15, 2009
Efforts to regulate and tax online gaming are meeting moral objections.
Fri, May 15, 2009
While they are happy the U.S. is talking about re-opening its market to online casinos, many operators are worried that they will have to pay too much in taxes to operate in the U.S.
Fri, May 15, 2009
iMEGA filed suit against the state of Minnesota over its order that internet service providers block residents from accessing blacklisted websites, including a number of popular online casinos.
Fri, May 15, 2009
Ireland’s CryptoLogic says it has adopted several strategies, including cutting costs and increasing profits, which are moving it towards profitability in the second quarter of 2009.
Tue, May 19, 2009
Pansy Ho and MGM compliance efforts criticized. Effects on company uncertain, but could include selling interest in MGM Grand Macau.
Fri, May 15, 2009
Efforts to expand gaming in Texas died last week after the legislator pushing it collapsed dramatically in an elevator in the statehouse. But other factors had already doomed the proposals this year.
Fri, May 15, 2009
After months of contention, on May 8 House and Senate finally came to terms on expanded gaming in the state; compromise bill now subject to approval by Seminole tribe.
Fri, May 15, 2009
Company will try to raise $2.5 billion without selling any properties
Fri, May 15, 2009
Philadelphia City Council delays a final zoning vote after objections from an owner of a portion of the building where Foxwoods Philadelphia is planning to develop its slot casino.
Fri, May 15, 2009
Detroit, Michigan’s Greektown Casino-Hotel last week rejected several “low ball” bids to buy the company, which has been in Chapter 11 bankruptcy for about a year, and said it will reorganize its debts instead of selling.
Fri, May 15, 2009
Fontainebleau Las Vegas owners accuse lender Deutsche Bank of seeking to sabotage the new property in order to protect its investment in nearby Cosmopolitan.
Fri, May 15, 2009
The Iowa Racing and Gaming Commission identified Lyon County as the best prospect for building a new casino if the state issues new licenses.
Fri, May 15, 2009
A West Virginia company and Marriott International both claim rights to the historic Greenbrier resort, which was narrowly approved for a casino last fall.
Fri, May 15, 2009
Increased competition for customers and states that might be increasingly tempted to raise gaming taxes were discussed at the Southern Gaming Summit
Fri, May 15, 2009
Lehigh Valley, Pennsylvania, town gears up for May 22 opening of Sands casino, yet another competitor that could take a bite out of Atlantic City
Fri, May 15, 2009
The voters of California are being asked to pass Prop. 1C, which would overhaul the state lottery and allow the state government to borrow $5 billion—or maybe even more— against future profits.
Fri, May 15, 2009
Churchill Downs Inc. CEO Robert L. Evans says that although the racetrack owner is making more money through online parimutuel wagering and through its racinos in Louisiana that the company needs lawmakers to allow slots at its racetracks that don’t have them.
Fri, May 15, 2009
Rhode Island legislators are considering a bill that would give the voters of the state the chance to decide whether the two slot parlors, Newport Grand and Twin River, could become full-fledged casinos. At the same time Twin River has decided not to suspend racing in May, but will continue with its full schedule.
Fri, May 15, 2009
Sumner County commissioners last week endorsed three casino proposals from two developers, Chisholm Creek Casino Resort on the Kansas Turnpike in Mulvane, by Foxwoods Development, and the casinos proposed by Lakes Entertainment Inc. for the same Mulvane location plus another at Wellington. None included hotels.
Fri, May 15, 2009
Illinois State Senator Terry Link, chairman of the senate Gaming Committee, has introduced a bill that would provide gaming licenses for three towns, Rockford, Chicago and Park City.
Fri, May 15, 2009
A recent poll shows that 60 percent of Ohio residents surveyed favor casino gambling. However, poll results don’t always translate into votes.
Fri, May 15, 2009
A sour economy has forced the developer of a casino in D'Iberville to scale back his proposal.
Fri, May 15, 2009
Economic troubles could force some major casino operators to sell properties in Las Vegas, bringing new blood to the Strip.
Fri, May 15, 2009
Harrah's halted construction on its Margaritaville casino in Biloxi last year, but the company still expects to bring the project to the market.
Fri, May 15, 2009
Cash flow continues to decrease, though March saw a smaller slide than in previous months, boosting confidence in the Las Vegas gaming industry.
Fri, May 15, 2009
As residents of the neighborhood surrounding Cordish Company’s Arundel Mills Mall casino site rally to fight a zoning change for the property, another developer puts forth an alternative casino site.
Fri, May 15, 2009
Bondholder drops lawsuit against Las Vegas gaming company after contested prepackaged bankruptcy plan fails to gain approval from investors.
Fri, May 15, 2009
New limit maximum increases at Colorado casinos lead some to seek expertise from some experienced Las Vegas industry insiders.
Fri, May 15, 2009
The Kentucky Equine Education Project will hold a news conference this week to call attention to the horse racing industry’s plight and to call for the legislature to revive a bill that would have allowed racetracks to become racinos.
Fri, May 15, 2009
Two poker players in California are suing several card rooms in Los Angeles county claiming that a jackpot that goes to losing players violates state law.
Fri, May 15, 2009
State Senator says officials still oppose a proposition that would send state lottery question to voters for approval.
Fri, May 15, 2009
A committee has sent a gaming bill to the two houses of the Maine legislature. The bill would authorize a casino in the western part of the state.
Fri, May 15, 2009
Unions in New Hampshire are supporting video lottery machines as a way to help the state’s budget and create jobs. They claim $200 million in new taxes could be generated by putting the machines in Rockingham Park and converting it into a racino.
Fri, May 15, 2009
Indiana lawmakers returning for a special budget session in June will consider an idea to make one of Gary’s two riverboat casinos as a land-based operation and for two racinos to be allowed to add table games.
Fri, May 15, 2009
State Senate committee members decide small-stakes games, such as poker and Monopoly, pose little threat compared to video poker “menace.”
Fri, May 15, 2009
Gaming industry experts more optimistic after first quarter earnings drop less than expected, though new room product may mean Strip casinos could take longer to recover.
Fri, May 15, 2009
Although gaming tribes are pretty united in their goal to get Congress to “fix” a problem created by the February U.S. Supreme Court’s Carcieri decision, 17 state attorneys general recently tried to get Congress to do just the opposite.
Fri, May 15, 2009
If agreement is approved, tribe will pay $30 in back taxes and $2.5 per year for a decade in exchange for right to take trust lands without a fight
Fri, May 15, 2009
Hearing held to determine the history, boundaries and technology that makes up Class II gaming to determine how to regulate it.
Fri, May 15, 2009
Legislation was introduced that would recognize native Hawaiians and given them rights similar—but with a prohibition on gambling—to those enjoyed by Native American tribes.
Fri, May 15, 2009
A Michigan tribe last week held an online auction for contents of a defunct racetrack that it purchased, which it hopes to replace with a casino and development.
Fri, May 15, 2009
The Cabazon Band of Mission Indians in Southern California last week voted to replace longtime chairman John A. James. The tribe owns and operates Fantasy Springs Resort Casino.
Fri, May 15, 2009
Originally Kansas’s Cherokee County’s lawsuit was intended to stop the Downstream Casino Resort from being built in neighboring Oklahoma. Well, the casino opened last July, followed by a hotel last November.
Fri, May 15, 2009
A casino may not happen for five or even ten years, but the Cloverdale Rancheria of Pomo Indians in Northern California see a recent decision by the U.S. Department of the Interior as being all positive.
Fri, May 15, 2009
Aristocrat’s newest video slot product, Jaws made its premiere at Sycuan Casino last month.
Fri, May 15, 2009
R. Franco of Spain called a meeting of more than 100 executives of the Argentine gaming industry to discuss the impact of the worldwide economic crisis.
Fri, May 15, 2009
The new casino on the south Las Vegas Strip and the soon-to-open Pennsylvania project of Las Vegas Sands both selected the FutureLogic GEN2 Universal printer for all cashless gaming operations.
Fri, May 15, 2009
Ainsworth of Australia and Bally Technologies have signed an agreement that will allow Ainsworth video content to be used with Bally’s Alpha operating system.
Tue, May 19, 2009
Pansy Ho and MGM compliance efforts criticized. Effects on company uncertain, but could include selling interest in MGM Grand Macau.
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