Sweeping Changes in Florida Unlikely In Election Year

Florida Senate Gaming Committee Chairman Garrett Richter said although legislators are drafting expanded gambling bills, the political realities of an election year mean a modest loophole-tightening measure is most...

Published February 3, 2014

Crown Still Waiting for Sri Lanka Casino OK

Sri Lanka’s government has finally approved Crown Resorts’ controversial $400 million casino hotel in the capital of Colombo—but without the casino. The Australian gaming giant says it is in...

Published February 3, 2014

Nobu Joins Melco in Manila

Robert DeNiro’s tony Nobu hospitality chain will make its Asian debut at Melco Crown’s City of Dreams Manila (DeNiro and Chef Nobu at left). The 321-room hotel will be...

Published February 3, 2014

Atlantic City Lagging Behind Christie Plan

More than half way through a five-year push to revitalize Atlantic City outlined by New Jersey Governor Chris Christie, the resort has seen little growth in two major areas—convention...

Published February 3, 2014

Track Closure Threatens Harrah’s Philadelphia

The Pennsylvania Harness Racing Commission has suspended operations at the racetrack of Harrah’s Philadelphia in Chester, Pennsylvania, due to track surface problems.

Published February 3, 2014

Galaxy’s Founder Eyes Global Expansion

Hong Kong billionaire Lui Che Woo (l.) didn’t become Asia’s second-richest person by standing pat. The 84-year-old founder and chairman of Galaxy Entertainment Group is determined to take the...

Published February 3, 2014

Iowa Judge Hears Sioux City Arguments

Penn National Gaming recently told Polk County, Iowa District Court Judge Eliza Ovrom that Hard Rock Sioux City developers SCE Partners knew the risks involved in proceeding with their...

Published February 3, 2014

Investors Riding a Rollercoaster in Macau

Has all the current upside of Macau’s red-hot casino market been priced into the shares of its six operators? JP Morgan’s Kenneth Fong thinks so, and his view sent...

Published February 3, 2014

Insurance Company Offers Millions for Harmon

FM Global, which covered construction at CityCenter in Las Vegas, is offering $55 million to cover losses in the Harmon Hotel case. The hotel cannot open due to structural...

Published February 3, 2014

China Lottery Sales Hit $50 Billion

New games and new outlets helped generate an 18 percent surge in sales last year for China’s two legal lotteries. Combined revenues topped $50 billion.

Published February 3, 2014

Atlantic City Changes Promotion Strategy

Initially, Atlantic City had to rebrand itself through its “Do AC” marketing push. For 2014, however, the Atlantic Alliance—the city’s marketing arm—and President Liza Cartmell (l.) wants to tell...

Published February 3, 2014

Macau Dealers Strike for Bigger Bonuses

A two-day job action by dealers at Macau’s Grand Emperor casino was enough to win them an annual bonus twice as big as what management originally offered. The victory...

Published February 3, 2014

Kansas Introduces Problem-Gambling Campaign

A new $380,000 multimedia campaign will help raise awareness of problem gambling and help gambling addicts get treatment in Kansas. Funded by dedicated tax revenue from the two state-owned...

Published February 3, 2014

Hollywood Casino Completes $62 Million Revamp

After purchasing Harrah's Casino in Maryland Heights, Missouri for $610 million from Caesars Entertainment in November 2012, Penn National renamed it Hollywood Casino and invested $62 million in renovations....

Published February 3, 2014

Job Fair at Horseshoe Baltimore

The Caesars Entertainment casino, now under construction in Baltimore, Maryland, will bring 1,700 new permanent jobs to the city. The Horseshoe will open later this year.

Published February 3, 2014

New Owners Investing in Northern Nevada Casino

The new owners of John Ascuaga’s Nugget in Sparks, Nevada, led by CEO Carlton Geer (l.) will spend millions to overhaul the landmark casino, owned by one family for...

Published February 3, 2014

South Dakota Voters Could Approve Casino Games

If the South Dakota legislature approves, this November voters statewide could pass a constitutional amendment allowing Deadwood casinos to offer roulette, keno and craps. Supporters said the games are...

Published February 3, 2014

Cuomo Budget Bans Welfare Bucks at Casinos

New York Governor Andrew Cuomo’s budget includes a measure that would prohibit welfare recipients from using benefits at casinos and strip clubs. The rule is tied to federal funds.

Published February 3, 2014

Pennsylvania to Consider Keno, Online Gaming

The Pennsylvania legislature is expected to consider implementing keno under the state lottery and legalization of online gambling.

Published February 3, 2014

Coastal Casinos Revenue Lowest In 14 Years

Although Mississippi's Gulf Coast casinos brought in more than $1 billion in 2013, revenue dropped by $30 million compared to 2012—the worst performance since 1999. The situation was even...

Published February 3, 2014