Nevada High Court Tosses MGM Shareholder Suit

Two shareholders, irked by skyrocketing costs at MGM’s CityCenter and what they perceive as insider trading at the company, have seen their lawsuit dismissed.

Published January 6, 2014

Centaur Refinancing Covers Indiana Track Improvements

Centaur Gaming recently received the approval of the Indiana Horse Racing Commission for a slots-revenue distribution agreement. The agreement will allow Centaur to refinance and cover $36.5 million in...

Published January 6, 2014

Casinos Spelled Doom for Hollywood Park

Ultimately, the proliferation of casinos in the Golden State helped bring about the demise of Hollywood Park. The Inglewood casino, started by movie stars, held its last race on...

Published January 6, 2014

Harmon Hotel Decision Due This Month

The Harmon, the flawed high-rise on the Las Vegas Strip, is a total loss due to structural defects, claims MGM. The insurance company wants more time to study it...

Published January 6, 2014

Atlantic City’s Tropicana Complete Ballroom Renovations

The Tropicana Casino & Resort in Atlantic City has completed a $2 million makeover of its ballroom. The renovation includes a complete remodeling of the room’s décor, lighting, audio...

Published January 6, 2014

Video Gaming Impacting Illinois Revenue

Licensed restaurants, bars, truck stops and fraternal and veterans organizations in Illinois currently host 11,105 video gambling machines that generated $8.4 million for the state and $1.7 for cities....

Published January 6, 2014

New Belterra Racino Hiring 700

The $300 million Belterra Park Gaming & Entertainment Center near Cincinnati, Ohio, will hire employees for 700 jobs. Formerly known as River Downs, the facility, owned by Pinnacle Entertainment,...

Published January 6, 2014

Choctaws Refinancing Pearl River Upgrades

The Mississippi Band of Choctaw Indian will borrow $145 million and spend $88.1 million to reopen the Golden Moon Hotel & Casino (l.), renovate the Silver Star Hotel &...

Published January 6, 2014

Californians to Vote on ‘Reservation Shopping’

The battle over off-reservation casinos, a practice called “reservation shopping” by critics, will be brought to the center stage of the Golden State when California voters are asked to...

Published January 6, 2014

New Mexico Legislature Gets Navajo Compact

The New Mexico legislature will have 30 days beginning January 21 to decide whether to approve of a gaming compact with the Navajo Nation submitted last year by Governor...

Published January 6, 2014

Catawbas To Open Bingo Hall

The Catawba Indian Nation, which has applied for off-reservation status for a North Carolina tract, will open a second high-stakes bingo hall in Rock Hill, South Carolina by early...

Published January 6, 2014

Elections Board Questions Stockman Donations

After U.S. Rep. Steve Stockman (l.) of Texas introduced a bill allowing the Alabama-Coushatta Tribe to open a casino, he received $40,000 in donations. Now the Federal Election Commission...

Published January 6, 2014

BIA Begins Trust Process for California Tribe

The Bureau of Indian Affairs has begun to process an application to put land into trust by California’s Wilton Rancheria with environmental review.

Published January 6, 2014

House Asked To Investigate Poarch Band

Former U.S. Rep. Richard Pombo said he'll ask a House committee to investigate the Poarch Band of Creek Indians for tax fraud. The Poarch built the recently reopened Wind...

Published January 6, 2014

Stockbridge-Munsee Join Cayuga Complaint

Two tribes have joined forces to oppose the Oneida Indian Nation’s 10-county monopoly on gaming in central New York State. The Stockbridge-Munsee and the Cayugas are opposing the deal....

Published January 6, 2014

Duluth May Reclaim Casino Revenue

A U.S. District Court judge denied the U.S. Department of Justice's motion to dismiss Duluth's lawsuit against the Fond du Lac tribe. The city sued the tribe—and could reclaim...

Published January 6, 2014

Medvedev: No Casinos in Sochi

Investors are expecting massive losses from the 2014 Winter Olympics in Sochi, and some are proposing casino gambling as a way to recoup them. There is talk that Prime...

Published January 6, 2014

California Tribe Proposes Small Casino

The casino that the Karuk Tribe proposes in California near the Oregon border is small but controversial.

Published January 6, 2014

Labor Vows to Rein In FOBTs

UK Labor Party leader Ed Miliband (l.) says his party will give local governments greater powers to ban or reduce the numbers of electronic table games in betting shops....

Published January 6, 2014

Mohegans Invest Heavily in Catskills

The Mohegan tribe is partnering with Westchester developer Louis Cappelli to pursue a possible casino expansion in New York state at the former Concord site (l.).

Published January 6, 2014