AC on the Rebound?

Trump Plaza casino has closed its doors making it the fourth casino to close in the resort this year and putting another 1,000 casino workers out of jobs. But...

Published September 22, 2014

Caesars Begins Restructuring Efforts

Caesars Entertainment is beginning talks with senior bondholders in its effort to restructure the largest portions of its $24.2 billion debt. Chairman and CEO Gary Loveman (l.) believes “constructive...

Published September 22, 2014

Ohio’s Final Racino Opens

The seventh and last of Ohio’s racinos, Hollywood Gaming at Mahoning Valley Race Course, opened last week to fanfare and an enthusiastic greeting by the community it will be...

Published September 22, 2014

Margaritaville Biloxi Owners File For Bankruptcy

MBN Holding LLC, owner of Margaritaville Biloxi, recently closed the property and filed for bankruptcy. Landlords Clay Point LLC said MVB had not paid rent since opening in 2012...

Published September 22, 2014

Eldorado and MTR Gaming Finalize Deal

The acquisition of MTR Gaming Group by Eldorado Resorts was completed last week. The new company, to go by the Eldorado Resorts name, includes casino properties in five states....

Published September 22, 2014

Atlantic City Lawmakers Fight North Jersey Gaming

Several South Jersey lawmakers have launched a petition drive to protest the idea of expanding casino gaming to North Jersey. Most experts believe a North Jersey casino is inevitable,...

Published September 22, 2014

Delaware Gaming Panel Reconvenes

The state panel charged with recommending aid to Delaware’s racinos to the state legislature has reconvened to study possible tax breaks to help the industry. Panel Chairman Tom Cook...

Published September 22, 2014

Some Doubt Cleveland Casino Will Expand

Ohio’s four casino resorts aren’t performing as well as the voters of 2009 were told that they would, and some doubt that the Horseshoe Casino Cleveland will ever begin...

Published September 22, 2014

Sports Betting Fee for Leagues Proposed in New Jersey

In what may be an effort to appease sports leagues, two Atlantic City-area politicians are proposing a small fee on sports bets in the state go to sports leagues...

Published September 22, 2014

Iowa Survey Shows Gambling Increase

In a 2013 survey of 1,826 Iowans, 78 percent said they had gambled in the previous 12 months, up from 69 percent two years earlier. Conducted by the University...

Published September 22, 2014

Massachusetts Gaming Could Slam Rhode Island

Licenses for a slots parlor and two out of three casinos have been awarded in Massachusetts, while neighboring Rhode Island considers its options in the face of a projected...

Published September 22, 2014

Casino Closings Brings New Law Proposals, State Incentives

Bills proposed in the New Jersey legislature would halve the amount of casinos one company can own in Atlantic City and bar deed restrictions on properties prohibiting their future...

Published September 22, 2014

Churchill Downs Seeks Fair Grounds Buyer

The venerable New Orleans Fair Grounds racetrack and its 11 off-track betting facilities are being offered for sale by Churchill Downs Inc. for $125 million—just months after CDI officials...

Published September 22, 2014

Sweepstakes Cafés Skirt State Laws

Despite laws designed to regulate or remove them, sweepstakes cafés continue to plague state legislatures and the casino industry. Now a $10 billion industry, sweepstakes cafés stay a step...

Published September 22, 2014

Indiana Gaming Industry Hopes For Help

Ever since competitors opened two years ago in neighboring states, Indiana gaming tax revenue has significantly declined. Last year lawmakers were reluctant to pass needed legislation to help the...

Published September 22, 2014

Local Officials Oppose Arapahoe Casino

If Colorado voters pass Amendment 68, the city of Aurora and Arapahoe County would have to spend $63 million in road improvements associated with a proposed Arapahoe Park (l.)...

Published September 22, 2014

Slot Tavern Issue Is Back in Vegas

For years Nevada commissioners have worked to clarify the definition of slot parlors versus taverns that offer slots. The issue is once again on the front burner thanks to...

Published September 22, 2014

Judge Wishes Alabama Amendment Said “Electronic” Bingo

Montgomery County, Alabama Circuit Judge William Shashy said, "It would have been a lot simpler to put 'electronic bingo'" in the 2003 constitutional amendment allowing bingo in Macon County....

Published September 22, 2014

Harrah’s Atlantic City Announces First Convention Booking

Harrah’s Atlantic City has announced a major booking for its under-construction Waterfront Conference Center scheduled for October 2015. The center is expected to be one of the largest on...

Published September 22, 2014

Riviera Could See a Renaissance

The Riviera on the Las Vegas Strip could benefit from new energy on the northern end of the Strip. The SLS Las Vegas recently opened there, and MGM plans...

Published September 22, 2014