Down to the Wire

More than 400 concerned New Yorkers testified for and against new casinos in the state at public hearings held last month. The Lago (l.) casino in Tyre was opposed...

Published October 6, 2014

Massachusetts Voters Begin Decide About Casino Question 3

With the November elections less than a month away, voters in Massachusetts are beginning to make up their minds whether to repeal the law that authorized three casino resorts...

Published October 6, 2014

Sports Leagues Finally Reply to New Jersey Sports Betting Move

The four major pro sports leagues and the NCAA have filed a court challenge to New Jersey’s latest attempt to institute sports betting. The leagues call the state’s plan—which...

Published October 6, 2014

Downtown Las Vegas Project Stumbles

The Downtown Project in Las Vegas, spearheaded by Zappos CEO Tony Hsieh, has been hailed as an example of entrepreneurial leadership and investment leading to a domino effect of...

Published October 6, 2014

Icahn Makes Union Demands for Taj Mahal, Tropicana

Even as billionaire Carl Icahn (l.) is talking of a bailout of the troubled Taj Mahal casino in Atlantic City, his company is making concession demands from the city’s...

Published October 6, 2014

Davenport Land-Based Casino Moves Forward

A land-based casino in Davenport, Iowa moved a step closer to reality as the city's Plan and Zoning Commission voted to recommend that the city council approve the final...

Published October 6, 2014

MGM Resorts to See Big Debt Drop

Next year MGM Resorts International could see a big drop in its debt and also say goodbye to some $60 million in annual interest payments. It will happen in...

Published October 6, 2014

Atlantic City Unveils New Ad Campaign

The Atlantic City Alliance—Atlantic City’s casino-funded marketing arm—has unveiled a new ad campaign. City and marketing officials went to Philadelphia—the city’s largest feeder market—to introduce the plan.

Published October 6, 2014

Las Vegas City Council Keeps Stadium Bid Alive

The developers behind a $200 million stadium proposed for Downtown Las Vegas have come up with a new funding formula that reduces the city’s financial investment. Mayor Carolyn Goodman...

Published October 6, 2014

Report: Two Caesars Atlantic City Properties May Face Bankruptcy

The New York Post reports that Caesars Entertainment’s Caesars and Bally’s Atlantic City casino may face bankruptcy after losing control of their loyalty program, Total Rewards.

Published October 6, 2014

Colorado Amendment Study Forecasts $418 Million

A new study forecasts Amendment 68, which would permit a casino at Arapahoe Park racetrack near Aurora, Colorado, would have a statewide economic impact of $418 million and create...

Published October 6, 2014

Nevada Gaming Win Down

A decline in baccarat hold ended a five-month winning streak in the Silver State’s gaming revenue. Online poker revenues remained disappointing, dropping off more than one-fifth to less than...

Published October 6, 2014

No Rush On Texas Historical Racing

With a lengthy application process and manufacturers' lead times, plus a lawsuit against the Texas Racing Commission by nonprofits that depend on bingo, Texas racetracks are not rushing to...

Published October 6, 2014

Indiana Casino Officials, Lawmakers Meet

Meeting with the Indiana legislature's gaming study committee, casino officials requested land-based gaming and tax cuts, particularly an expansion of the "free play" deduction. Gaming tax revenues from Indiana's...

Published October 6, 2014

Newport Rejects Casino Development Agreement

The Newport, Rhode Island city council rejected 4-3 an agreement with former Providence Mayor Joseph R. Paolino Jr. (l.) and two casino development partners who want to buy Newport...

Published October 6, 2014

Ordinance Would Fight Parking Fee Gouging in Atlantic City

An ordinance before Atlantic City’s City Council would increase penalties for sudden unapproved spikes in parking fees when special events are held in the city. The move comes after...

Published October 6, 2014

President Signs Law Ending Michigan Tribe’s Uncertainty

President Barack Obama (l.) recently signed legislation reaffirming the trust status of the Gun Lake Tribe's casino land in Bradley, Michigan. The new law ends the years-long legal challenge...

Published October 6, 2014

New York Casino Proposal Includes Business Incubator

In an effort to expand the use of casinos, a proposal for a New York Casino includes space to develop new manufacturing jobs. The proposal comes from the Cordish...

Published October 6, 2014

Tick-Tick-Tick

The excitement is growing in New York State, where a casino siting board is set to award up to four Class III gaming licenses. The operative words could be...

Published September 29, 2014

Landlord Rejects Margaritaville Offer

Clay Point Property, owner of the land on which the shuttered Margaritaville Casino Biloxi stands, rejected a cash offer of $13 million—the amount the land had been appraised at—on...

Published September 29, 2014