Nepal Orders Casinos Closed

Push has come to shove in the small Himalaya mountain nation of Nepal, where the government has ordered the country’s 10 foreigners-only casinos to close for non-payment of back...

Published April 28, 2014

The Philippines—The Big Unknown

The Philippines’ Solaire Resort & Casino (l.) lost US$29 million in its first year of operation. The Manila property’s struggles underscore a host of uncertainties about the market’s ability...

Published April 28, 2014

Boston Mayor Doubles Down on attacks on Gaming Commission

Boston has a right to unilaterally declare itself a host community vis a vis two casino proposals, in Revere and Everett, and Massachusetts Gaming Commission Chairman Stephen Crosby should...

Published April 28, 2014

MGM Maryland Project on Fast Track

Prince George’s County has streamlined the normally cumbersome process of securing construction permits to accommodate the MGM National Harbor project.

Published April 28, 2014

Orange Capital Wants Pinnacle to put casinos into REIT

A new investor in Pinnacle Entertainment, Orange Capital, has called for the gaming firm to divide its interests and create a real estate investment trust (REIT).

Published April 28, 2014

Illinois Lawmakers Consider New Casino Proposals

Illinois state Senator Bob Rita's proposed casino amendment recently was heard by the state House Executive Committee. It offers the option of a state-owned mega-casino with 10,000 positions in...

Published April 28, 2014

No Bang-up Exit for Harmon

It’s a Sin City tradition: imploding old resorts, and inviting everyone to the party. The Harmon Hotel tower is a different story. Condemned due to structural deficiencies, it will...

Published April 28, 2014

Harrah’s Philly Faces Tax Decision

Harrah’s Philadelphia may challenge its property tax assessment that led to a $5 million tax bill from the city of Chester, the Chester school district and Delaware County.

Published April 28, 2014

Lawrence Ho Raises the Stakes in Russia

Lawrence Ho’s investment group in Russia is moving to take full control from its local partner of the resort it plans to build near Vladivostok. The partner, businessman Oleg...

Published April 28, 2014

N.H. State of the State Address Will Include Casino

Governor Maggie Hassan (l.) of New Hampshire is expected to include the need for a casino in the Granite State when she gives a “state of the state” address...

Published April 28, 2014

’15 Reopening for Galaxy’s Grand Waldo

Galaxy Entertainment plans to reopen a refurbished Grand Waldo hotel next year but isn’t saying whether its casino will return. Galaxy bought the resort, which adjoins its flagship Galaxy...

Published April 28, 2014

MGM Brings Rock in Rio to Vegas

MGM Resorts International will spend $20 million on a new entertainment space to host the four-day Rock in Rio music festival every two years. When the festival is not...

Published April 28, 2014

Analyst Forecasts a Smaller Japan

Telsey analyst Chris Jones has issued a report that is less optimistic about Japan’s casino potential. Citing the country’s recent struggles to grow foreign tourism, Jones forecasts gaming revenues...

Published April 28, 2014

Gaming Study Bill Gains Support in Maine Legislature

Lawmakers in Maine may adopt legislation that would fund a study to look at feasibility of expanding gaming in the state.

Published April 28, 2014

Japan Theme Park Eyes a Casino

Huis Ten Bosch (l.), a Dutch-themed Disneyland-style park near Nagasaki, is buying a piece of Japan’s nascent casino industry. The park’s Japanese ownership plans to a buy a nearby...

Published April 28, 2014

Mississippi Coastal Casinos Trump River Operations

Mississippi Gulf Coast casinos have bounced back big-time, outperforming Tunica Resorts and other Mississippi River casinos that have been on a downward trend since mid-2013. For the first quarter...

Published April 28, 2014

Casino Opens in Vegas

The Cromwell, the newest property on the Las Vegas Strip, has opened its 40,000-square-foot casino floor. Caesars Entertainment’s renovated resort was built at the site of the former Bill’s...

Published April 28, 2014

Kansas Lowers Southeast Casino Investment Minimum

In an effort to attract a casino developer to southeast Kansas, Governor Sam Brownback, despite his personal reservations, let a bill become law that will lower the minimum casino...

Published April 28, 2014

Indiana Legislators Seek Gaming Input

Recently opened and proposed casinos in neighboring states have Indiana casino interests concerned. State Rep. Tom Dermody, who oversees House gaming legislation, plans to meet with residents who have...

Published April 28, 2014

Atlantic City Markets Chicago and Houston Air Service

The Atlantic City Alliance, the marketing arm for the casino resort, is launching a $1 million advertising campaign to promote new air service from Chicago and Houston to Atlantic...

Published April 28, 2014