Hsieh Buys Downtown Casino

Downtown Las Vegas entrepreneur Tony Hsieh has acquired the old Western hotel-casino for $14 million. It’s the latest Fremont Street acquisition by the Zappos CEO, who has been gobbling...

Published March 31, 2014

New Jersey Tourism Revenue Sets Record

New Jersey’s tourism revenue climbed to $40 billion in 2013, setting a new record for the state. The 1.3 percent increase came despite the damage Hurricane Sandy had on...

Published March 31, 2014

Cosmo Sees Jump In Net Revenues

The Cosmopolitan of Las Vegas reported a net loss in excess of $25 million for the final quarter of 2013. But its net revenues were up more than $10...

Published March 31, 2014

MGM Opposes Nevada Education Tax

MGM Resorts International CEO Jim Murren says the gaming company with 56,000 employees in Nevada will work to defeat a 2 percent margins tax that would fund education in...

Published March 31, 2014

Atlantic City Alliance Takes New Approach

Atlantic City Alliance, the nonprofit group led by Liza Cartmell (l.) and formed to market Atlantic City to tourists plans to augment communications efforts by focusing on specific events...

Published March 31, 2014

North Dakota Casino Planning Renovations

A "significant" renovation will start in 2015 at Dakota Magic Casino in Hankinson, North Dakota. Without naming a dollar amount, Chief Financial Officer Weston Quinn said the project will...

Published March 31, 2014

Renovations complete at InterContinental San Juan

The InterContinental San Juan Resort & Casino has completed a $22.25 million renovation project including updated guests rooms and public spaces as well as upgrades to meeting rooms and...

Published March 31, 2014

Mohegan Tribe Backs More State Aid for Host City

As tax revenue from the Mohegan Sun in Connecticut falls, the chairman of the Mohegan Sun casino is calling for more state aid to go to Montville, the casino’s...

Published March 31, 2014

Experts: NSW’s Gambling Problem Will Worsen

Addiction specialists had sharp words for New South Wales Premier Barry O’Farrell and his defense of the Crown Sydney project during testimony before a parliamentary hearing on problem gambling....

Published March 31, 2014

Critics: Seneca Buffalo Hasn’t Delivered

The recession forced the Seneca Nation of Indians to scale back on its casino plans for the city of Buffalo, New York. As a result, say critics, the Buffalo...

Published March 31, 2014

Murren to AGA: Dial Back iGaming Rhetoric

MGM Resorts Chairman Jim Murren, chairman of the American Gaming Association, says the organization should de-emphasize its rhetoric on legalizing internet poker on a federal level.

Published March 31, 2014

UK Bookies Protest Tax Hike

Britain’s bookmakers are calling on Chancellor George Osborne (l.) to reconsider plans to raise the tax on revenue from electronic table game. The controversial devices are the mainstay of...

Published March 31, 2014

New Jersey Foreign Operator Online Gambling Bill Advances

A New Jersey Senate Committee has approved a bill, sponsored by state Senator Raymond Lesniak (l.) that would allow international online gambling sites to house their operations in Atlantic...

Published March 31, 2014

A Monte Carlo on the Black Sea?

Russia has taken on an extremely poor relative with its annexation of the Crimea. The Black Sea enclave will require billions in central government subsidies to stay afloat, and...

Published March 31, 2014

Minnesota Could End Online Lottery Sales

Scratch-off lottery tickets only have been sold online for just a few weeks in Minnesota, but a state Senate committee recently passed a bill to end the program. Lawmakers...

Published March 31, 2014

Station Casino Exec Talks New Jersey Online Gambling

Marc Falcone (l.), chief financial officer of Station Casinos, which runs Ultimate Poker, talked recently about the problems the online casino and poker site have faced in their launch...

Published March 31, 2014

Morgan Stanley Lowers Online Gambling Estimate

Morgan Stanley has revised its projections on the U.S. internet gambling market, projecting the industry will be worth $3.5 billion by 2017. That represents a 30 percent drop from...

Published March 31, 2014

New Jersey’s Online Gambling Marketing ‘Amateurish’?

New Jersey State Senator Raymond Lesniak, speaking remotely at the iGNA conference in Las Vegas, said New Jersey’s online gambling sites have been “amateurish” in their marketing efforts and...

Published March 31, 2014

Where Are New Jersey’s Online Gamblers Coming From?

With New Jersey about four months into online gambling, some casinos are releasing information on where their online gamblers are playing from. But exactly why some towns—such as Jersey...

Published March 31, 2014

Betfair Launches New Jersey Affiliate Program

Betfair and Income Access have launched an affiliate program in New Jersey to complement the Betfair’s online casino in the state. The two companies will now work together to...

Published March 31, 2014