Atlantic City Urban Enterprise Zone Legislation Advances

A New Jersey State Assembly committee has approved legislation to declare Atlantic City an urban enterprise zone, meaning businesses in the resort can charge only half of the state’s...

Published February 16, 2015

Siegel Group Buys Reno Property

The Siegel Group continues its buying spree in northern Nevada with the recent purchase of the Nevadan Tower in Reno. The property was purchased for $2.7 million and will...

Published February 16, 2015

McCain Supports Sports Betting Legalization, Hearing in Congress

Arizona Senator John McCain called for a national discussion on sports betting through congressional hearings as the one time candidate for president came out in favor of legalized sports...

Published February 9, 2015

Ruling Threatens Sale of AC’s Revel

The sale of the closed Revel casino is again in doubt as a ruling in an appeal filed by tenant HQ nightclub (l.) may delay a final deal. On...

Published February 9, 2015

Four Developers Present Kansas Bids

Four proposals for a casino in the southeast gaming zone reached the Kansas Lottery by its January 30 deadline. The four bidders are Kansas Crossing Casino LLC (l.); Phil...

Published February 9, 2015

Five Developers in Running for Southeast Mass Casino

The final round in choosing casino resorts for Massachusetts has begun, with five applicants in the running for the Southeast casino zone, including Mass Gaming & Entertainment, KG Urban...

Published February 9, 2015

Mayor Signs New Orleans Smoking Ban

New Orleans Mayor Mitch Landrieu recently signed an ordinance that will ban smoking of real and electronic cigarettes in bars, stadiums, hotels and gambling halls, including Harrah's (l.) near...

Published February 9, 2015

Maryland Casinos Switch Slots for Tables

Regulators in Maryland have granted permission to the state’s two largest casinos to remove hundreds of slot machines in favor of table games, drawing criticism from lawmakers.

Published February 9, 2015

Outlook Brighter For Regional Operators

Analysts said falling gas prices and increasing consumer confidence could benefit regional casino operators such as Pinnacle Entertainment and Boyd Gaming. Chad Beynon of Macquarie Securities said, "Solid data...

Published February 9, 2015

Long Island Casino Plans Over for Now

After a proposed plan was in place to build to a slot parlor in the vacant Fortunoff building in Westbury, New York, it appears enough opposition was given to...

Published February 9, 2015

Rezoning Could Bring Casino To Georgia

DeKalb County, Georgia commissioners said when they approved a zoning change allowing 400 gambling machines at Panola Slope resort, they did not know one of the partners in the...

Published February 9, 2015

Virginia Senate Committee Kills Casino Bill

Virginia State Senator Louise Lucas' (l.) casino bill once again was killed by the Senate General Laws and Technology Committee. The bill would have established a gaming commission to...

Published February 9, 2015

Centaur’s Brown Supports Indiana Proposal

Jim Brown, president and chief operator officer of Centaur Gaming, recently said House Bill 1540 would help level the playing field for Indiana's casinos. The bill would allow live...

Published February 9, 2015

Kansas City Casinos Optimistic For 2015

Although the five casinos in the Kansas City area lost revenue, casino executives expressed optimism for the remainder of 2015. Tom Cook, general manager at Harrah’s in North Kansas...

Published February 9, 2015

Dissecting Nevada Casino Revenue From 2014

With the Nevada Gaming Abstract out, the numbers are in, and some people are wary of the takeaway. The Strip saw declines in overall gaming revenue, but a 5...

Published February 9, 2015

Atlantic City Pulls Off $12 Million Note Sale

Despite its falling credit rating, Atlantic City has managed to sell $12 million in notes at a reasonable interest rate, according to Mayor Don Guardian. The sale was needed...

Published February 9, 2015

Fantasy Sports Betting Could Become Legal in Iowa

Although about 350,000 Iowans spend $340 million annually on fantasy sports, actually collecting a prize is illegal. State Senator Jeff Danielson, chairman of the Senate State Government Committee, said...

Published February 9, 2015

Sports Books Not So Super on Super Bowl

Sports Books have released the numbers regarding wagering on the Super Bowl, and they are down from last year. Last year's Super Bowl saw $119.4 million wagered, resulting in...

Published February 9, 2015

Atlantic City Area Hoping Education Facilities Will Aid Turnaround

At a recent economic development forum in New Jersey, plans were outlined for a new college campus in Atlantic City that could serve 1,500 students by the fall. Also,...

Published February 9, 2015

Minnesota Lawmakers Approve Lottery Limits

A bill making its way through the Minnesota legislature could end lottery sales online, at ATMS or at convenience stores. Lawmakers pushing the bill claim the lottery impacts the...

Published February 9, 2015