Waiting Game in New York

New York’s casino siting panel is due to announce up to four new licensees this month. Even after the winners are chosen, they’ll face many more hurdles before shovels...

Published December 8, 2014

Cosmo Buyer Recommended for License

Blackstone Real Estate Partners, which wants to buy the Cosmopolitan in Vegas, is one step closer to owning the property, which opened in 2010 and has never turned an...

Published December 8, 2014

Maine Lawmakers Hand off Casino Work to Successors

Following on the heels of a recommendation by a study commissioned by the state that Maine would allow two more casinos, lawmakers are ready to take up the issue...

Published December 8, 2014

Atlantic City’s Trump Taj Mahal Closes Hotel Tower

Trump Entertainment Resorts is closing its newest hotel tower (r.) at Atlantic City’s Taj Mahal casino and is no longer issuing credit. The company also announced it was pushing...

Published December 8, 2014

Legislator Introduces Texas Gaming Bill

Texas state Rep. Carol Alvarado (l.) has introduced HJR47 which would extend state horseracing laws which protecting the interests of the Kickapoo Nation, which operates the state's only tribal...

Published December 8, 2014

Baccarat’s Big Vegas Drop

Baccarat revenues on the Las Vegas Strip plunged 36 percent to $97 million in October as high rollers from China beat a hasty retreat. The decline, which led to...

Published December 8, 2014

Rotate Black Revives Gulfport Casino Plan

Rotate Black seemingly wants to try again to make its $130 million Hemingway Resort and Casino in Gulfport, Mississippi a reality. The company filed papers with the Securities and...

Published December 8, 2014

Video Gambling Concerns Towns, Casinos

Although video gambling terminals have raised more than $210 million in tax revenue for the state and $42 million for local governments, officials are concerned that the terminals are...

Published December 8, 2014

Oklahoma Challenged Over Welfare Spending

The Oklahoma Department of Human Services is working to enforce a 2013 law blocking welfare recipients from spending funds at casinos, strip clubs, liquor and tobacco stores. The DHS...

Published December 8, 2014

Lee Prevails in Full House Proxy Fight

Former Pinnacle Entertainment CEO Dan Lee is the winner in a brief but contentious battle for control of Full House Resorts of Las Vegas. On December 1, Lee was...

Published December 8, 2014

Casinos Cry Foul Over Iowa Legislation

Iowa casino operators are furious over state Senator Wally Horn and Dan Zumbach's gaming reform legislation allowing the state's first smoke-free casino in Cedar Rapids, among other provisions. Casino...

Published December 8, 2014

Analysts: Second Philly Casino Bad Move

Several analysts are calling the Pennsylvania gaming board’s decision to grant a second Philadelphia casino license a move that will harm other regional casinos. Deutsche Bank gaming analyst Andrew...

Published December 8, 2014

Springfield, Everett Casino Projects Move Forward in Massachusetts

The MGM Resorts casino in Springfield, and the Wynn Everett resort along the Mystic River are moving forward now that the initiative challenging the state’s gaming expansion has been...

Published December 8, 2014

Icahn Lends Atlantic City’s Taj Mahal $5 Million

In the latest twist in the continuing bankruptcy saga of Atlantic City’s Taj Mahal casino, investor Carl Icahn (l.) has agreed to lend Trump Entertainment—the casino’s owner—$5 million to...

Published December 1, 2014

New York: Casinos By Christmas

New York State’s Gaming Facility Location Board may take until mid-December to announce where new upstate casinos will be built. A fourth and final meeting of the panel has...

Published December 1, 2014

Massachusetts Sets Southeastern Casino Application Deadline

Applicants for a casino license in Massachusetts’ southeastern zone have been granted a reprieve to turn in completed applications to January 30, 2015. The second part of the application...

Published December 1, 2014

Alabama Supreme Court Rules Bingo Illegal

Alabama State Attorney General Luther Strange (l.) was vindicated by the state Supreme Court, which recently unanimously supported a raid he ordered on Center Stage casino on July 25,...

Published December 1, 2014

Philly Decision Ignored Local Opposition

Officials of Delaware County, home to Harrah’s Philadelphia (l.), were among those opposed to the approval of a second Philadelphia casino by state regulators, alleging that the new casino...

Published December 1, 2014

Third Developer Unveils Kansas Casino Plans

Castle Rock Casino Resorts is the third developer that wants to build a casino (l.) in the Kansas' Southeast Zone. The legislature lowered investment and fee requirements to attract...

Published December 1, 2014

Delaware Casinos Turned Down Slot Parlors

A plan floated by Delaware’s governor to permit casinos to use their untapped limit of slot machines to open satellite slot parlors was rejected by the casinos.

Published December 1, 2014