UNITED STATES GAMING
Casinos are moving off the Gulf Coast in Mississippi, off the Mississippi River in Iowa and possibly off Lake Michigan in Indiana. The Mississippi and Iowa gaming commissions recently...
Golden, PT’s Add to Assets
Golden Gaming and PT’s Entertainment Group continue their acquisition strategy with the purchase of four Irish-themed taverns in the Las Vegas Valley. All will be rebranded under the name...
Ohio Casino Operator Fined and Faces Federal Lawsuit
The operator of the Horseshoe Casino Cincinnati has been fined $200,000 by Ohio’s gaming regulators for failing to disclose a refinance deal. The same casino is being sued for...
Trop Greenville Ahead of Schedule
The $10 million expansion at Trop Greenville, in historic downtown Greenville, Mississippi, is ahead of schedule and will open Friday, October 10. The property will offer 300 additional slots,...
Florida Governor Candidates’ Gaming Stances Unclear
As the Disney corporation lobbies Florida legislators to oppose expanded gambling, Las Vegas Sands has its sights set on a destination resort in Miami. But where do Republican Governor...
New York OTB Hires Consultants Union Gaming
Nassau Regional Off Track Betting of Mineola, New York recently hired Union Gaming Analytics of Las Vegas to help it gear up for opening a mini-casino featuring 1,000 video...
Study Says Maine Could Absorb two More Casinos
Maine could absorb two more casinos without threatening the state with gaming saturation, a new study says.
Slots Concern Illinois Casinos, City Governments
Illinois casino revenue fell 5.3 percent in 2013, the first full year of legal slots in licensed bars, restaurants, truck stops and veterans and fraternal organizations. With more than...
Colorado Casino Expansion Opponents Launch Campaign
Coloradans for Better Schools launched a TV campaign supporting Amendment 68, which would allow a casino at Arapahoe Park (l.) in Aurora, with a portion of income going to...
Atlantic City Casino Profits Up
Atlantic City casinos saw increased profits in the second quarter of 2014, but most of the increase can be traced to a major tax settlement by the Borgata Hotel...
Can Atlantic City’s Showboat Be Sold as a Casino?
An Atlantic County legislator is preparing to fight Caesars Entertainment over its policy of selling former casino properties in Atlantic City with restrictions that they cannot continue to operate...
Caesars Cuts Deal With Trustee
Caesars Entertainment has reached a deal with the trustee of first-lien bonds that could result in delay of a potential notice of default. Meanwhile, Caesars wants to spin off...
Dania Casino Closing For One Year
Opened just six months ago, Dania Casino and Jai-Alai in Broward County, Florida will close October 15 for one year while a $130 million renovation is completed. More than...
MGM: Good News in 2Q
Just five years ago, it looked like ill-timed investments by MGM Resorts International would hobble the company indefinitely, or even cause its demise. Now the Lion is back, and...
Battle for Boston Metro License Gets Heated
The Massachusetts Gaming Commission will probably decide whether to award a gaming license to Steve Wynn or the Mohegan tribe by the end of September. The license for the...
Maine Lawmakers Looking at Gaming Again
Legislators in Maine are looking at expanding the number of casinos in the state. It has hired a gaming consultant to do a study on the feasibility of more...
Non-Gaming Revenues Keeps ACEP Above Water
In the quarter that ended June 30, nongaming revenue was the driver of positive results for American Casino & Entertainment Properties, parent company of the Stratosphere (l.) and Arizona...
U.S. Cracks Down on Money Laundering
The United States is pressing global banks to scrutinize transactions from casino customers. Bankers aren’t too happy with the new responsibility. The tougher stance was sparked by cases like...
Iowa Candidates Disagree On Licensing
Republican Iowa Governor Terry Branstad (l.) recently stated he supports the Iowa Racing and Gaming Commission's decision to not issue new casino licenses for three years, to prevent cannibalization....
Crown Deal Boosts Strip Values
If a rising tide lifts all boats, the sale of property where the New Frontier once stood could bode well for all the property on that end of the...