
Archive: Vol. 13 • No. 18 • May 4, 2015

Penn National Gaming had let it be known they were ready to be a major player on the Las Vegas Strip for many years. With 26 hotels and casinos under their belt around the country, the company lacked a presence on the Strip. But last week, Penn purchased the Tropicana Las Vegas for $360 million. The company plans to spend $20 million in renovations in the near future.
Featured Stories More
WEEKLY FEATURE: Hurdle Crossed for iPoker Bill in California
After several years of trying, proponents of bills to legalize online poker in California have passed a bill out of committee and into a series of hearings. Although it’s the first time any bill has been passed, it hasn’t addressed many of the issues that fuel the ongoing dispute among tribes and card rooms. For example, Pechanga Chairman Marc Macarro (l.) insists that racetracks be excluded, something Governor Jerry Brown opposes.
Japan Tries Again
“If at first you don’t succeed…” Casino advocates in Japan last week submitted yet another bill to parliament that would bring legal gaming to the country. Analysts say casinos in Japan could generate as much as $40 billion a year, and Prime Minister Shinzo Abe (l.) agrees.
Nevada Charges Illegal Online Gambling Operator
Nevada’s Attorney General Adam Laxalt (l.) and state gaming regulators have brought charges against a Las Vegas man for operating an illegal online website. It is the first time the state has filed charges in an online gaming case.
Indiana Lawmakers Pass Gambling Bill
Riverboat casinos like the Tropicana in Evansville (l.) may move onto land under a bill recently passed by the Indiana legislature. However, a provision to allow live dealers at the state's two racinos was delayed until 2021, when Governor Mike Pence, who threatened to veto the bill over this provision, will be out of office if he wins a second term.
Fung: Aquis Is a Go
Hong Kong businessman Tony Fung Wing Cheung (l.) says he is committed to developing his planned Aquis Great Barrier Reef Resort in Queensland, Australia. Rumors had circulated that a change in government may have cooled Fung’s ardor.
Poarch Tribe Offers Alabama $250 Million
To help close a projected budget gap, the Poarch Band recently offered Alabama lawmakers $250 million, in exchange for exclusive gaming rights. The tribe also would pay a percentage of earnings. Some said the move is a response to Senate President Pro Tem Del Marsh's (l.) proposal to allow four casinos plus a state lottery.
Several Texas Gambling Bills Proposed
Numerous gambling bills have been proposed in the Texas legislature. They would allow the Kickapoo Tribe, which once operated a tribal casino (l.), to have a gaming compact; authorize nine destination casinos; permit casinos in counties where voters have approved them; allow communities to determine if they want 8-liner games; and establish a Texas Gaming Commission, among other issues.
FANTINI’S FINANCE: Panic Button
The steady bad news emanating from Macau has now taken its toll. Investors are fleeing the companies with operations there. Reality has hit home. But what is the real reality?
GLOBAL GAMING BUSINESS PODCAST: Jonodev Chaudhuri, Chairman, National Indian Gaming Commission
This week, the GGB Podcast features a discussion with Jonodev Chaudhuri, who was recently confirmed by the U.S. Senate as chairman of the National Indian Gaming Commission.
ASIAN GAMING More
Down with Wynn
Wynn Macau Ltd., the Asian unit of Wynn Resorts, has posted a first-quarter loss, with adjusted earnings down 45 percent to $212.3 million. In response, the company has slashed dividends, and Chairman Steve Wynn is calling for “certainty” from the Macau government and is concerned about the number of tables that will be allotted for his new casino, Wynn Palace on the Cotai Strip.
Nomura: Sell Melco Crown
The Japanese brokerage firm Nomura has downgraded Melco Crown Entertainment Ltd. from “neutral” to “reduce,” and says the company is likely to derive “limited value” from Studio City (l.), the $3.2 billion resort that will open this year on Macau’s Cotai Strip.
More Details on Mohegan Sun in Korea
The gaming giant is working with the Incheon International Airport Corp. to develop an integrated resort on an 800-acre parcel of land at the South Korea facility, which has been called the gateway to Seoul.
Ups and Downs in Macau
The government is talking about a cap on Mainland Chinese tourism to Macau, even as tourism overall declined in March. Unemployment is expected to grow, even as the government demands better working conditions and more promotions for local casino employees, per the directive of economy minister Lionel Leong Vai Tac (l.). In short, the turbulence continues in Macau.
Union Gaming ‘Gaga for Naga’
The typically staid gaming research firm has declared its love for NagaCorp., which the firm contends is outperforming its peers in Macau, is doing well across the board, and will continue to prosper. In its paean to the Cambodian hospitality firm, Union urges investors to buy.
Century Seeks Arbitrator in Okada Case
Philippine real estate company Century Properties Group is seeking an arbitrator to intercede in its legal battle with Japanese billionaire Kazuo Okada (l.). The parties once planned to partner on a development in Manila’s Entertainment City.
Broadway Macau to Open May 27
It’s the newest in Macau’s promised array of nongaming attractions: Galaxy Entertainment’s Broadway Macau, which will open later this month. The “entertainment precinct” includes a 3,000-seat theater and hotel, according to Senior VP Gillian Murphy (l.).
EUROPEAN GAMING More
Primorye Casino Nears Completion
Lawrence Ho’s company, Summit Ascent Holdings, is almost finished its integrated resort in Russia’s Primorye region. The casino complex is targeted at players from China and throughout East Asia, South Korea and Japan.
UK’s Camelot Lottery Growing Online
Thanks to the convenience of digital lottery services, U.K. national lottery provider Camelot has announced a surge in sales of £7.27 billion (US$11.1 million) for 2014-15. The lottery launched its new online lottery last September.
GLOBAL GAMING More
AGEM Reiterates Position on Mexico
The Association of Gaming Equipment Manufacturers, a non-profit international trade organization representing regulated suppliers of casino equipment and technology, has issued a statement to reaffirm its position on unlicensed machines in Mexico.
Panama Passes Strong Anti-Graft Law
Panama has passed a strict measure to prevent money laundering in hopes of raising trust among international monetary authorities. The country’s goal: to be removed from the Financial Action Task Force’s “gray list” of countries where suspicious cash transactions are overlooked.
Crown Raises $630M
Taking advantage of low interest rates, Crown Resorts raised $630 million by offering 6.3 million subordinated notes at an issue price of $100 per note. The funds will be used to finance projects in Sydney, Perth and elsewhere.
ONLINE GAMING More
Online Gambling Advocates Draw Hope From Attorney General Confirmation
The confirmation of Loretta Lynch (l.) as U.S. Attorney General after a protracted political battle has given hope to online gaming advocates. Lynch refused to debate online gambling with Senator Lindsey Graham—a sponsor of legislation to ban online gambling—during her confirmation.
Fantasy Sports Constitutional In Kansas
A proposal to legalize fantasy sports leagues is not unconstitutional, said Kansas Attorney General Derek Schmidt (l.). His opinion noted the measure stated fantasy sports outcomes “reflect the relative knowledge and skill of the participants.” Currently fantasy sports are illegal only in Arizona, Iowa, Louisiana, Montana and Washington. About 27 million players participate.
Survey: Industry Insiders Still Expect iGaming Spread
A survey by iGaming software provider CAMS of industry “insiders” found that most still expect online gambling to spread to more U.S. states this year, but also found they don’t have faith that current technology can meet regulatory challenges. CEO Matt Katz (l.) says the poll surveyed a wide range of experts.
Pennsylvania Bill Would Ban iGaming
Seven Pennsylvania lawmakers have sponsored a bill to ban all online gambling in the state, the first legislation to call for an outright iGaming prohibition. Three other bills would legalize iGaming.
Catching Up in Ontario
Ontario has decided “better late than never” when it comes to online gambling, as they now offer games of chance for real money to players. Officials hope hundreds of millions of dollars will eventually funnel into the system through online gambling.
Isle of Man Embraces Bitcoins
The Isle of Man has announced it wants to be an international hub for digital currencies such as the Bitcoin. The Isle feels that—much like iGaming—it provides the perfect atmosphere for digital currencies and says it will “welcome them with open arms.”
Aristocrat’s ‘Heart of Vegas’ Available for iPhone
Aristocrat’s “Heart of Vegas” Facebook app is now available for iPhone, as well as its current Facebook and iPad applications active since September.
Murren Not Phased by Possible Online Ban
With a federal online gambling ban pushed by Sands CEO Sheldon Adelson, MGM Resorts International CEO Jim Murren said Las Vegas and MGM will not be affected by such a ban, even if it were to pass.
Churchill Downs Scores With Big Fish
Recent comments from the Kentucky racing group Churchill Downs CEO show that the company’s foray into social gaming through Big Fish Games has paid off.
NetEnt Releases Monsters Dracula Online Slot
NetEnt has tapped another hit from the Universal Studios Monsters franchise for its newest online slot release Universal Monsters Dracula Online Slot.
Gamblit And Sightline Announce Partnership
Sightline Payment’s Play+ payment solution will be integrated with the mobile gaming platform developed by Gamblit Gaming. The agreement will allow Gamblit players to access funds that brings a real-money gaming experience to millennials. . Gamblit CEO Eric Meyerhofer (l.) says the deal will drive liquidity.
William Hill Australia Introduces Phone Betting Feature
William Hill Australia has introduced “’Click to Call” an in-play betting alternative. Gamblers can use the feature to make bets via the microphone on the electronic devices, making the bet a phone bet rather than an online bet.
UK licenses Mkodo for Online Gambling
Mobile gaming solutions provider Mkodo has received an online gambling license from the UK Gambling Commission. The license allows the company to continue to offer online gambling software in the UK.
BetConstruct Gets UK Online Gambling Software License
Online and retail betting and gaming software provider BetConstruct announced that it has been granted a gambling software operating license by the UK Gambling Commission for its Sportsbook product.
UNITED STATES GAMING More
Florida House Abruptly Ends Session
Several gambling-related bills were left behind when the Florida House abruptly shut down, three days before the official May 1 session end. The House and Senate could not agree over health care funding. The action leaves the Seminole compact for the tribe’s Hard Rock hotels (l.) and other key gambling issues up in the air unless a special session is called.
North Jersey Casino Vote Could Be Delayed to 2016
A referendum to allow construction of casinos in Northern New Jersey may have to wait until November 2016, the state’s Senate President Steve Sweeney (l.) said. This is an off-year-election and some in the state feel the measure should wait until 2016.
Showboat Casino Sale Sinks College President
New Jersey’s Stockton University has a new president as former president Herman Saatkamp (l.) has left the post in the midst of controversy over the university’s attempt to buy the former Showboat casino in Atlantic. The school has also formed three new task forces to address the school’s plans for Atlantic City and how such deals will be conducted in the future.
Gaming Loses Again in Granite State
It was déjà vu all over again for proponents of gaming in New Hampshire, where the House last week dealt a crippling blow to their hopes with a 208-156 vote against allowing casinos in the Granite State.
All Three Kansas Competitors Approved
The contracts of all three investor groups competing to develop a state-owned casino in Kansas' southeast gaming zone were approved by the Kansas Lottery Commission and forwarded to the member Lottery Gaming Facility Review Board, which has 60 days to select a winner. The state owns casinos in Dodge City, Mulvane and Kansas City, Kansas.
Judge Clears Harrah's Tunica Demolition
Despite protests from the local levee board, Caesars Entertainment can proceed with demolishing the former Harrah's Casino in Tunica, Mississippi, a U.S. Bankruptcy Judged recently ruled as part of Caesars' request to restructure or eliminate $20 million in debt. The resort opened in 1996 as Grand Casino Tunica.
Brockton Next Massachusetts Town to Hold Casino Vote
Two southeastern Bay State towns are gearing up for host community agreement elections in May and June: Brockton and New Bedford. Both are in competition for the region’s one casino resort license.
Maine Mulls 10 Gaming Bills
Ten bills have been introduced in the Maine legislature, signaling an end to the laissez-faire expansion of gaming in the state. One of the bills would require that new casinos pass a licensing process. However, Maine Governor Paul LePage (l.) says he opposes any gaming expansion.
Power Goes On at Revel Atlantic City
After nearly three weeks, Glen Straub—owner of the former Revel casino in Atlantic City—reached a deal to restore power to the 47-story building. But that deal is only for two weeks of power and the future of the property—as well as when it will re-open—remains in doubt, as well as Straub’s application for a gaming license.
Presque Isle, Mountaineer Deal with Smoking
In the wake of a county smoking ban that will require its West Virginia casino to go smoke-free, Eldorado Resorts is taking action to accommodate nonsmokers at Presque Isle Downs (l.).
Hearings Begin On Bill to Tax Ohio Casino’s Promotional Credits
Ohio State Senator Bill Coley claims that only casino interests are criticizing his proposal for taxing casino promotional credits. He may be right, but casino operators in the state are pretty nearly unanimous in their criticism of his bill.
Harrah's Still Fighting Smoking Ban
New Orleans' smoking ban took effect April 22 at the city's 500-plus bars and gambling venues, including Harrah's New Orleans. The casino lost a lawsuit to stop the ban but continues to push for some exceptions, while corporate lobbyists are working with legislators to try to weaken the ordinance.
Caesars Creditors Object to Extension
Creditors of Caesars Entertainment Corporation’s largest operating unit filed objections to the request by Caesars to extend the filing deadline.
Nevada Casino Sale Gets Nod From Commission
The sale of the Gold Strike in Jean, Nevada has been approved by the Nevada Gaming Commission. The property has been purchased by JETT Gaming, the former owners of Herbst Gaming.
Atlantic City Attracts New Summer Festival
The organizers of an outdoor music festival titled Electric Adventure Bloom will move their August festival to Atlantic City from Seaside Heights this summer.
Casino Not Required To Pay $41 Million Error
The Iowa Supreme Court unanimously ruled that the Isle Hotel Casino in Waterloo, Iowa does not have to pay 87-year old Pauline McKee $41,797,550.16. A computer glitch caused a screen with that bonus award to appear on the penny slot McKee was playing in 2011.
Reno Considers Updating Arch
A recent City Council meeting saw members of the council discuss how to spend a $10 million surplus, and the idea of spending $200,000 to update the city's arch came to light. Most seem to be in favor, however, some feel any change may mess with history.
Indiana Union Members Must Accept Casino Insurance
On Monday, May 1, health insurance provided by the UNITE HERE Local 1 union has been replaced by Ameristar Casino's plan, which members claim will cost more. The casino and the union have been unable to agree on a contract since the latest one expired in 2012.
Las Vegas Casino Reviving Legends
Going retro seems to be the theme at the new Westgate, which looks to bring back the old days of the International. A 30,000 square-foot Elvis exhibit, a new Elvis show and Suzanne Somers show are new attractions.
Marching Backwards in Vegas
A very poor month of March on the Las Vegas Strip has brought down number for the state as a whole. However, local markets and Reno showed spikes in revenue.
Atlantic City Crime Rate Stats Frustrate Officials
Atlantic City has long been plagued by a statistical anomaly when calculating the resort’s crime rate. While New Jersey does consider seasonal residents in shore resort communities for the rate, there’s no method to count Atlantic City’s millions of daily and short-term visitors, thereby skewing the crime rate.
Horseshoe to Offer Race Book
Horseshoe Casino Baltimore will become the first Maryland casino to offer wagering on horse races, with equipment to be installed in time for the Kentucky Derby.
Nightclubs May Face More Regulation
A bill has been approved by the Nevada Senate, which would see tighter regulations in the hiring process of nightclub employees. The bill, if enacted will kick employees out of the system.
TRIBAL GAMING More
$1 Billion Due If Arizona Casino Construction Stopped
Despite 16 court and administrative decisions in favor of the Tohono O'odham Nation, the U.S. House of Representatives is considering legislation to stop its $550 million West Valley Resort and Casino, now under construction near Glendale, Arizona. If that happens, taxpayers could owe the tribe up to $1 billion.
Political Struggle At Pojoaque Pueblo
Shake-ups at the Pueblo of Pojoaque business enterprises in New Mexico have observers wondering if a political struggle is going on, as stated by Allen Mosley who recently resigned as chief executive officer after nine years. In addition, Buffalo Thunder Resort and Casino General Manager Mark Schrecengost was placed on administrative leave. Former Governor George Rivera (l.) is again smack in the middle.
Proposal Would Turn Former Movie House Into Connecticut Casino
Now that it appears that the Connecticut legislature is serious about allowing the state’s two gaming tribes to add new casinos, towns and potential developers are stepping forward with proposals. The former Showcase Cinemas (l.) in East Hartford would be transformed into a casino under the plan.
Bill Would Remove NLRB’s Jurisdiction Over Tribes
A bill in Congress introduced by Kansas Senator Jerry Moran (l.) would amend the Wagner Act to make it clear that the National Labor Relations Board has no authority over tribal businesses. The NLRB has been asserting its authority in this area since 2004.
Some Lawmakers Frustrated over Lack of Oversight on Interior’s Indian Recognition Regulations
Some members of Congress are unhappy that the Department of the Interior won’t slow down the process of introducing new regulations from recognizing Indian tribes to give Congress more of a say. The regulations were first put out for pubic review less than a year ago.
Tulalips Lose Out on Video-Gambling Terminals
The Tulalip Tribes have been denied a motion for additional video-gambling terminals in the state of Washington. The initial ruling was on December 11, 2014, while the Court of Appeals held up the decision on April 17.
California Tribe Tops off Second Casino Hotel
California’s Viejas Band of Kumeyaay Indians is halfway to completion of the second hotel for the Viejas Casino and Resort. The second tower will add 104 rooms.
Kalispell Officials Review Casino Guidelines
Following strong opposition to—and ultimately approval of-- a Lucky Lil's casino attached at a gas station, the city council in Kalispell, Montana has embarked on a thorough review of casino policies. Currently the city has nine requirements, including rules for signage, size, location and licensing.
LOTTERY More
Bill Would Map Lottery Terminals
A bill requiring a report on lottery terminals' locations in regard to the neighborhood's socioeconomic status now is under consideration in the Oregon Senate, having passed the House 55-3. The measure is a response to critics who said the lottery preys on problem gamblers.
Iowa Lottery Exploring Online Sales
The head of the Iowa lottery told state legislators that the lottery is monitoring how online lottery sales are going for other states and may propose online sales in Iowa.
PEOPLE More
NIGC Names Chief of Staff, General Counsel
The National Indian Gaming Commission has named Shannon O’Loughlin (l.) as chief of staff to Chairman Jonodev Chaudhuri, and Eric Shepard as general counsel.
Former Nevada Casino Exec Joins Gaming Commission
The Nevada Gaming Commission recently faced a shakeup with attorney Joe Brown vacating his position for personal reasons. The spot will be filled by Michonne Ascuaga (l.).
Martino Joins Baltimore Law Firm
Stephen L. Martino, the former top regulator for the Maryland casino and lottery industries, has joined the Baltimore office of the Duane Morris law firm.
Tropicana Entertainment Brings In Former Revel Atlantic City CFO
Tropicana Entertainment has turned to a former executive of Revel Atlantic City to fill its chief financial officer post. Terry Glebocki will take the post after approval by New Jersey regulators.
Paddy Power Names Marketing Chief
Irish bookmaker Paddy Power has appointed Gav Thompson, former CMO for Thunderhead, as its new chief marketing officer.
Clark, Litzau Promoted At Shooting Star
John "Bomber" Clark recently was promoted to human resources director and Gary Litzau was named marketing director at Shooting Star Casino, Hotel and Event Center in Mahnomen, Minnesota. Both are lifelong members of the White Earth Nation, which owns the facility.
Zynga Seeks to Retain Execs
With a number of high-profile exits of Zynga executives—including its CEO—Zynga has confirmed it has moved to retain two of its major executives.
Remote Gambling Association Announces Two Appointments
The Remote Gambling Association—the largest trade association for online gambling operators—has made two new appointments. The group has named a new director of regulatory affairs and a director of government relations.
Hinchley new CEO at Table Trac
A new chief executive officer, Brian Hinchley, has taken the helm at Table Trac Inc.
GOODS & SERVICES More
Scientific Games to Supply Baha Mar
Scientific Games will provide a complete suite of Bally systems solutions, games and table products to the new Baha Mar Casino & Hotel (l.) in Nassau, The Bahamas.
Multimedia Games Kicks of TournEvent of Champions ‘15
Big sendoffs were given to the TournEvent of Champions teams in Austin, Texas, and Las Vegas last week from Multimedia Games and new owner, GCA. The caravans will travel to more than 100 casinos to conduct tournaments leading up to the big showdown at the Encore in Las Vegas in September.
Pojoaque Tribe Picks Bally Systems
The Pojoaque Tribe has selected Bally system solutions including the Bally SDS slot management system for its casinos in Santa Fe, New Mexico.
Pennsylvania Casino Uses Beer as a Point of Differentiation
Visitors to Hollywood Casino at Penn National Race Course in Grantville, Pennsylvania can vote on their favorite of two mystery beers, crafted by local Snitz Creek Brewery, now through June 6. The winning brew will be offered exclusively at the property along with more than 50 other draft and bottle choices.
Casino, Racetrack Simulcasting Rates Negotiable in New Jersey
Atlantic City casinos and racetracks now can negotiate the rates for simulcasting, thanks to a measure recently signed into law by New Jersey Governor Chris Christie. Previously, simulcasting fees were capped.
TRADE SHOWS & CONFERENCES More
G2E Asia Shaping Up
A keynote by MGM Resorts Chairman James Murren (l.) and a panel by a high-level executive of Inspired Gaming Group are among the G2E Asia events announced.
WILD CARD More
No Regrets
Although Elaine Wynn (shown with former husband Steve Wynn in happier days) will not retain her spot on the board of Wynn Resorts Ltd., she feels no regrets in her last ditch effort to hold onto the seat from which she was removed.
Adelson Gets His Say
Las Vegas Sands Chairman Sheldon Adelson testified in the lawsuit against him and his company over the alleged wrongful firing of former Sands China chief Steven Jacobs (l.).
DOJ Alliance?
American Gaming Association President and Chief Executive Officer Geoff Freeman invited new U.S. Attorney General Loretta Lynch to join the AGA's initiative, “Stop Illegal Gambling–Play it Safe.” Lynch prosecuted illegal gambling cases as a U.S. Attorney and said during confirmation hearings she would work with Congress to address illegal gambling.
Tiger Tamed
Chinese President Xi Jinping’s pledge to track down corrupt public officials, from high-ranking “tigers” to lower-level “flies,” has netted its first big cat. Former Communist Party official Li Chuncheng did not dispute the charges in a one-day trial held last month.
NUTSHELL More
NEWS & NOTES
Small Nuggets of News
THEY SAID IT More
QUOTABLE QUOTES
Outrageous pronouncements, simple statements and words of wisdom