Squeezing Blood From a Blackstone

With the Blackstone Group now at the helm of the Cosmopolitan of Las Vegas, they are looking to build off of a great quarter, and year at the hotel-resort....

Published April 6, 2015

Lawmakers to Review Pennsylvania Casino Rules

The two leaders of a key state Senate committee say they will review the suggestions proposed by casino owners to revamp Pennsylvania casino rules to maintain competitiveness.

Published April 6, 2015

Illegal Slots Proliferating In Texas

In Texas, only the state lottery and charitable bingo are legal. But the Texas Lottery Commission said up to 150,000 illegal slots that award cash payouts are operating in...

Published April 6, 2015

Convention Upgrades Slated for Las Vegas

The convention game is a competitive, at times cutthroat, business. After missing out on over 20 conventions last year due to lack of sufficient space, the Las Vegas Convention...

Published April 6, 2015

Lack of Mobile Sports Betting Hurts Some Casinos During March Madness

With March Madness drawing in huge numbers to Las Vegas as usual, the importance of mobile sports wagering has become as obvious as ever. And some of the biggest...

Published April 6, 2015

Maine 2014 Slots Revenue Down

The Maine Gambling Control Board's annual report showed the state's two casinos lost slots revenue last year. Oxford Casino was down $15 million from 2013 and Bangor fell "only"...

Published March 30, 2015

New Mexico Vetoes Unanimously Passed Horseracing Bill

The New Mexico House and Senate both unanimously passed legislation that would have raised testing requirements for horseracing in the state. But Governor Susana Martinez vetoed the bill, saying...

Published March 30, 2015

Arlington in Talks With MGM

Although MGM Resorts International has been quiet on the matter, it has been reported MGM is in the talks with the city of Arlington, Texas to build a hotel...

Published March 30, 2015

MGM Springfield Breaks Ground on $800 Million Casino

The city of Springfield, Massachusetts and MGM Resorts celebrated a groundbreaking last week for the $800 million MGM Springfield that, more than any other casino in the Bay State,...

Published March 30, 2015

Gaming Legislation Stalled in Florida

Rep. Dana Young’s (l.) comprehensive gambling legislation, HB1233, recently was the focus of discussion in a legislative workshop in the Florida House. The measure would allow two destination casinos...

Published March 30, 2015

Caesars Judge Appoints Investigator; Regulators Scold Company

A bankruptcy judge has appointed Richard Davis (l.), a former Watergate prosecutor and assistant Treasury secretary as an independent investigator in the Caesars restructuring case. In Nevada, regulators heard...

Published March 30, 2015

AGA Spotlights Las Vegas Security, Reporting Limits

American Gaming Association President Geoff Freeman (l.) recently discussed the group's goals, including receiving more Homeland Security funds for Las Vegas and opposing the IRS' proposal to lower from...

Published March 30, 2015

New Hampshire Considers Casino Bill

The Granite State’s Senate last week narrowly passed a bill that would allow two casinos. The bill will now be taken up by the House, where similar bills have...

Published March 30, 2015

Emergency Manager Does Not Call for Atlantic City Bankruptcy

A preliminary report from Atlantic City’s state-appointed emergency manager does not call for the resort to declare bankruptcy, but instead calls for more municipal spending cuts and layoffs. The...

Published March 30, 2015

MGM Just Says ‘No’ to REIT

After being pitched with yet another suggestion they form an REIT, MGM Resorts International may have had enough. The company has asked its shareholders not to vote for any...

Published March 30, 2015

Illinois Racetrack Still Seeks Slots

As Fairmount Park in Collinsville, Illinois starts its 90th year of horseracing, legislators are working on an expanded gambling package that would allow Illinois' five tracks to have slots....

Published March 30, 2015

University’s Plans in Atlantic City Opposed by Taj Mahal

Touted as a major redevelopment project for Atlantic City, plans for Stockton University to build a city campus at the former Showboat casino are being challenged by Trump Entertainment,...

Published March 30, 2015

Constitutional Amendment Would Allow Tennessee Gambling

Currently Tennessee law allows a state lottery and emphatically bans "games of chance associated with casinos." But state Rep. Jason Powell has proposed a constitutional amendment that would allow...

Published March 30, 2015

Indiana Gambling Bill Breezing Through Senate Committees

A bill allowing Indiana riverboats to move onto land adjacent to their docks unanimously passed two Senate committees. The legislation, House Bill 1540, also would allow live dealers at...

Published March 30, 2015

Atlantic City’s Revel Draws More Interest

Lawyers for Revel Atlantic City’s unsecured creditors said that interested bidders in the property continue to tour the site, but no new offer on the $2.4 billion tower has...

Published March 30, 2015