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Pennsylvania Passes Tables
Fri, Jan 08, 2010
Lawmakers finally passed a bill to add table games to Pennsylvania’s slot-only casinos, including Philadelphia’s Parx Casino (l.), and to amend portions of the state’s 2004 gaming law.
Vol. 8 • No. 1 • January 11, 2010 - Print This Issue
UNITED STATES GAMING
Bondholders Warn of Icahn Influence
Fri, Jan 08, 2010
Billionaire investor Carl Icahn (l.) just bought the Tropicana in Atlantic City; now he's making a play for three Trump Entertainment casinos. That could lead to too much power in one gaming market, warn Trump bondholders.
Delaware Racinos Fight Expansion
Fri, Jan 08, 2010
Anticipating a push or new casino venues in the state, Delaware's three racinos have launched a campaign to convince lawmakers to vote against any expansion of casino locations, despite a positive report on new casino from a panel put together by Governor Jack Markell (l.).
Bondholders Seek to Sue Station
Fri, Jan 08, 2010
Station Casinos’ bondholders have asked a bankruptcy court to approve their request to sue the company’s executives over the 2007 buyout deal that took the company private.
Massachusetts Pols Divided Over Gaming Course
Fri, Jan 08, 2010
The governor of Massachusetts and the Speaker of the House are divided over the best way to expand gaming in the Bay State. Governor Deval Patrick wants three casino resorts. Speaker Robert DeLeo (l.) also wants to allow slot machines at racetracks.
Magna Auction Postponed
Fri, Jan 08, 2010
A federal bankruptcy judged postponed the bankruptcy auction for assets of Magna Entertainment, including the Laurel Park and Pimlico (l.) racetracks, and rejected a claim by former Laurel owners to exclusive slot rights.
Group Challenges Ohio Casino Location
Fri, Jan 08, 2010
The mayor of Columbus, Ohio as well as a group called Stand Up Columbus, want Penn National Gaming Inc. to work with them to switch the location where it will build its casino from the Arena District (l.), which is guaranteed by the constitutional amendment that voters passed last November.
Casinos On Legislative Plate In Rhode Island
Fri, Jan 08, 2010
A large state budget deficit, a proposal by the governor to cut local aid, and moves by neighboring Massachusetts may force lawmakers in Rhode Island to give another look at allowing the Twin Rivers racino (l.) to become a full-fledged Las Vegas style casino.
World Series Of Poker Strives To Be “Largest Ever”
Fri, Jan 08, 2010
The 2010 World Series of Poker has a tough act to follow—last year’s World Series inspired more than 60,000 people to enter, but WSOP Tournament Director Jack Effel says this year is going to be bigger than ever.
New Mexico Law Could Stop Racino Move
Fri, Jan 08, 2010
A state law mandating that no two racinos be within 80 miles of each other may prevent Ruidoso Downs racetrack and casino from moving to Las Cruces, as planned by owner R.D. Hubbard (left, with wife, Joan).
Las Vegas Hotel Rates Higher This NYE
Fri, Jan 08, 2010
After a long year of hits to the gaming industry, New Year’s Eve saw a spike in hotel room rates and occupancy that could signal an easing of the recession.
Las Vegas Hotel Rates Higher This NYE
Fri, Jan 08, 2010
After a long year of hits to the gaming industry, New Year’s Eve saw a spike in hotel room rates and occupancy that could signal an easing of the recession.
Harrah’s Publicizes Lack Of Resort Fees
Fri, Jan 08, 2010
The hotel market in Las Vegas has become increasingly competitive, with hotels slashing room rates only to tack on last-minute resort fees—except for Harrah’s Entertainment, which eschews the fees at all its properties, including Caesars Palace (l.).
Developer Eyes Casino For Mississippi Town
Fri, Jan 08, 2010
The town of D’Iberville, Mississippi has given a developer access to city owned property along the waterfront to develop a casino resort in the city’s historic French marketplace.