Isle of Capri On Verge Of Sale?

Gaming and Leisure Properties Inc., Penn National Gaming's spin-off REIT, is said to be actively pursuing Isle of Capri Casinos (the company’s newest casino in Cape Giradeau, Missouri at...

Published July 7, 2014

BIA Clears Way for Arizona Casino

The Indian Affairs division of the Interior Department last week indicated it would approve the request of the Tohono O’odham Nation to take a plot of land into trust...

Published July 7, 2014

Macau Sees First Revenue Drop in Five Years

A VIP slowdown has been weighing on Macau casino revenues, and last month the World Cup took another bite. Revenue in June was down 3.7 percent year on year,...

Published July 7, 2014

Austria Opens to Competition

Austria’s gaming monopoly is history, brought to a close by a German-Swiss consortium, which has won a license to open a resort in Vienna in the historic Palais Schwarzenberg...

Published July 7, 2014

Federal Court Agrees With Massachusetts Tribe About Jurisdiction

A federal judge agrees with the Wampanoag Tribe of Gay Head (Aquinnah) that its lawsuit with the state of Massachusetts over its desire to build a Class II casino...

Published July 7, 2014

Penn Pulls Out of Philly

Penn National Gaming withdraws its bid for the second casino license in the city of Philadelphia, leaving the field of contenders for the license at four. Penn President Tim...

Published July 7, 2014

Massachusetts Moves Forward Despite Repeal Threat

Despite the threat that Massachusetts’s voters could repeal the Bay State’s gaming law, the gaming commission is continuing with its licensing process. Last week it rejected Boston Mayor Martin...

Published July 7, 2014

Delaware Lawmakers Approve Casino Aid

The Delaware House of Representatives approved a package of $10 million in aid for the state’s struggling racinos, to be implemented next year. Rep. Dennis Williams (l.) warned the...

Published July 7, 2014

New Jersey Senate President Says Vote on North Jersey Casinos Coming

As if Atlantic City needs another blow, Stephen Sweeney (l.), New Jersey State Senate president, says there could be a referendum on permitting casino gaming outside of Atlantic City...

Published July 7, 2014

Next Ohio Racino to Open August 28

With Ohio’s racinos starting to outpace its casino resorts in performance, all eyes on the next one due to open, Hollywood Gaming at Dayton Raceway, on August 28.

Published July 7, 2014

UnionPay Will Stay

Reports have proved unfounded that Macau’s government plans to crack down on the use of China’s popular UnionPay bank card by mainland gamblers sneaking cash out of the country...

Published July 7, 2014

Tropicana Sells River Palms in Laughlin

Tropicana Entertainment Inc. has sold its River Palms Casino in Laughlin, Nevada to Nevada Restaurant Services, owner of the Dotty’s chain of slot parlors. The buyer paid $6.75 million...

Published July 7, 2014

Okada Versus Former Employee

Japanese businessman Kazuo Okada (l.), who is head of Universal Entertainment, has filed criminal charges against a former employee for allegedly embezzling $5 million. The employee was not named,...

Published July 7, 2014

Virginia Legislator Pulls Gambling Bill

Virginia lawmakers are sure to point to Atlantic City's casino closures and gaming revenue declines when state Democratic Senator Louise Lucas (l.) reintroduces her bill to allow casino gambling...

Published July 7, 2014

Cheating Alleged at Jeju Casino

Four Chinese tourists are suing a casino on the popular Korean resort island of Jeju for refusing to pay them more than US$1 million in baccarat winnings. Casino management...

Published July 7, 2014

New Jersey Passes Sports Betting Legislation

Just days after the U.S. Supreme Court elected to leave a federal ban on sports betting in place and denied New Jersey’s request to overturn the law, the state...

Published July 7, 2014

Laos Readies for Tourism Boom

Scores of new hotels are under construction or on the drawing board in Laos in preparation for a forecasted surge in foreign tourism. Chinese travel is expected to lead...

Published July 7, 2014

Calder, Gulfstream Reach Agreement

Two Florida racetracks—the Stronach Group's Gulfstream Park (l.) and Churchill Downs' Calder Race Course, have reached a six-year agreement ending their competitive schedules. Calder will run in October and...

Published July 7, 2014

China Halts ‘World Cup Regret’ Policies

Chinese Insurance firms have been ordered to stop issuing novelty policies linked to the FIFA World Cup that, among other things, covered favorite soccer teams losing. Though the policies...

Published July 7, 2014

State To Take Bids For Southeast Kansas Casino

A fourth state-owned casino in Kansas could become a reality, since the state legislature lowered the required initial investment of $225 million to $50 million and dropped the application...

Published July 7, 2014