Fri, Feb 05, 2010
The largest American gaming company badly wants into the burgeoning gaming city of Macau. But Harrah’s Entertainment is blocked by the “concession” and “sub-concession” system that limits the number of licensed operators in the city. One way in would be to buy the interest of a license holder and it appears that Crown Entertainment, co-owner of the City of Dreams (l.), is the target, although partner Lawrence Ho discounts the report.
Fri, Feb 05, 2010
New Jersey’s new governor, Chris Christie, appoints 7-member commission to study declines and possible mismanagement in gaming, sports and entertainment. Recommendations are due June 30.
Fri, Feb 05, 2010
In an effort to lure tourists in a bad economy, a Hawaiian legislator proposes a stand-alone casino in Waikiki (l.). Revenues would be dedicated to Native Hawaiians. The Michigan company that owns Detroit’s MotorCity Casino is interested.
Fri, Feb 05, 2010
They said no one would be willing to open a casino in one of the undeveloped Russian gambling zones. But as usual, someone has chosen to defy popular opinion and do just that. It might not be Las Vegas, but it’s a start.
Fri, Feb 05, 2010
January revenues in Macau hit a new high again. Following four months of dramatically increased revenues, January’s numbers were up more than 50 percent over the same month the year before. SJM continues to control market share, as new casinos like Oceanus (l.) perform well.
Fri, Feb 05, 2010
Company values Macau partnership more than New Jersey operations. Sources say MGM could remain in Atlantic City if New Jersey regulators ease scrutiny of its Chinese business partner.
Sat, Feb 06, 2010
One of the great leaders in Indian Country, Philip Martin, longtime chief of the Mississippi Choctaw tribe, died last week after suffering a massive stroke.
Sat, Feb 06, 2010
Rosy forecasts are a thing of the past as the recession reaches the mid-American casinos and executives are cautious.
Fri, Feb 05, 2010
Second vote could change the future for New York tribe, which could create up to 3,000 jobs for members with a $500 million casino resort at Monticello Raceway, which is supported by U.S. Senator Charles Schumer (l.).
Fri, Feb 05, 2010
Another large casino-resort-entertainment center proposal has appeared, this time for one of the former East German states. Driving the project is an experienced international developer of retail centers for the region, but will the expertise translate—and the financing be available?
Fri, Feb 05, 2010
The selection of Aqueduct Entertainment Group to operate the VLTs at the New York City racetrack has more to do with community ties than anything else, according to Larry Woolf (l.), the Las Vegas casino executive who will manage the gaming operations.
Fri, Feb 05, 2010
This week the Global Gaming Business Podcast features and interview with Kim Sinatra, the senior vice president and general counsel for Wynn Resorts, on her long career on the legal side of the gaming industry.
Fri, Feb 05, 2010
Vietnam has consistently been named as one of the coming locations for casino resort development. The first of these projects is now open for business, albeit the property is heavier on the “resort” side of the equation than on the “casino” side.
Fri, Feb 05, 2010
The opening of two integrated resorts in Singapore is imminent and as a result, there are few if any unemployed workers remaining in the Asian city-state.
Fri, Feb 05, 2010
Shareholders in Slovenia’s leading casino-resort company are up in arms over an audit of the company’s actions under the former management regime. The specifics will have to wait for the lawyers, apparently not for long.
Fri, Feb 05, 2010
Among the companies jockeying for position ahead of the coming French betting market liberalization are a national TV operator and the current monopoly provider of sports betting and lottery games.
Fri, Feb 05, 2010
With the need to increase tax revenue now more pressing than ever, Spain is said to be considering putting the operation of its national lottery into commercial hands.
Fri, Feb 05, 2010
Lawmakers, union officials and the Canadian Gaming Association are pressing for single-event sports wagers at the Ontario resort, hoping to bring in U.S. bettors and avoid more layoffs.
Fri, Feb 05, 2010
Gaming revenue and tax contributions continued to rise throughout 2009 as more new casinos opened for business in Chile. Another three properties are still under construction.
Fri, Feb 05, 2010
The government of Peru appears to have been successful in revamping the nation’s gaming industry, at least when it comes to collecting taxes from it. What was once measured in hundreds of thousands is now measured in tens of millions, and may soon surpass the 100-million mark.
Fri, Feb 05, 2010
Moncton, New Brunswick’s newest casino is scheduled to open in May, with a hotel and theater expected to open the following month.
Sun, Feb 07, 2010
The passion of the former chairman, Dan Lee, wasn't transferable to the new leadership as Pinnacle Entertainment last week put its Atlantic City property up for sale, officially ending plans to build a $2 billion mega casino on the Boardwalk, where the Sands (l.) once stood.
Fri, Feb 05, 2010
Ohio voters in May will be asked to approve a tweak to Issue 3, a constitutional amendment that passed in November. The new amendment, approved by the legislature, would let one of the four casinos authorized, in Columbus, be relocated from the Arena District (l.) to a former auto parts factory.
Fri, Feb 05, 2010
Governor Jack Markell has signed legislation setting up rules and taxes for table games to be installed in the state’s three racinos.
Fri, Feb 05, 2010
Anti-gaming governor claims victory as three bingo halls close, including the Country Crossing in Dothan. Bob Riley says the casinos may be altering equipment and destroying criminal evidence behind closed doors.
Fri, Feb 05, 2010
Station Casinos struck a deal with its lenders, agreeing to pay the lenders’ fees if they dropped a request to appoint an independent examiner in the company’s bankruptcy case. Bankruptcy Judge Gregg Zive rejected the deal, citing the exorbitant fees as a detriment to Station’s emergence from bankruptcy.
Fri, Feb 05, 2010
Harrah’s Entertainment Inc. has made an offer it hopes that the state of Iowa can’t refuse: to pay $70 million over seven years in return for the state dropping the requirement that its two racetracks offer greyhound racing.
Fri, Feb 05, 2010
The state of Delaware is appealing the limits imposed on its sports betting program, hoping to get a lower court ruling overturned by the U.S. Supreme Court.
Fri, Feb 05, 2010
Mississippi voters would decide whether to authorize a state-operated lottery under a bill that was filed last week in the House.
Fri, Feb 05, 2010
A bill in the Kansas legislature that would make it more profitable to convert a racetrack to a racino is sparking controversy. Racetracks, predictably, like the idea. But the developer of a state-owned casino resort hates the idea.
Fri, Feb 05, 2010
Harrah’s Entertainment has only one final hurdle to cross before officially taking over Planet Hollywood Resort. The Nevada Gaming Commission is expected to give final approval to the sale February 18.
Fri, Feb 05, 2010
Herbst Gaming may have a reorganization plan in place, but details in the Nevada company’s bankruptcy could take months to arrange.
Fri, Feb 05, 2010
The legislature won't reduce taxes for racetrack casinos like Hoosier Downs (l.), during an economic crisis. That could be problematic for the state's gaming industry as new competition springs up in Michigan and Ohio.
Fri, Feb 05, 2010
A vote by the Detroit, Michigan city council to endorse a settlement in the bankruptcy of the Greektown casino removes one of the last remaining obstacles to the casino leaving Chapter 11.
Fri, Feb 05, 2010
North Carolina, once a rock-ribbed opponent of all things gaming, is undergoing a change as more forms of gaming are introduced into the state.
Fri, Feb 05, 2010
Millennium Gaming wants to create a racino at the Rockingham Park racetrack in Salem, New Hampshire. Its executive Bill Wortman told a roomful of people last week that the installation of 5,000 slots could raise $400 million in revenue for the state.
Fri, Feb 05, 2010
Las Vegas Sands executive Michael Leven recently spoke to a group of investors, stating that the company is not worried about the volume of business, but rather the depressed room rates that have remained low for the past two years.
Fri, Feb 05, 2010
The Las Vegas transit company is still in its infancy, but the company recently filed for bankruptcy and is unsure what its future will look like.
Fri, Feb 05, 2010
The bankrupt Rhode Island slot parlor has reached a deal with its creditors that will pay 65 cents on the dollar.
Fri, Feb 05, 2010
MGM Mirage recently announced its decision to rejoin the Las Vegas Chamber of Commerce after a seven-year separation.
Fri, Feb 05, 2010
A year after it was passed a ban on electronic bingo by charities is being enforced in California. The ban, which was urged by the state’s gaming tribes, mainly impacts charities in the Sacramento area.
Fri, Feb 05, 2010
Arguing against shared tokes, small pay raises and union dues, they will try to kill the deal.
Fri, Feb 05, 2010
While most Washington state casinos are losing up to 30 percent of revenues over previous years, a couple of casinos in the Olympic Peninsula are bucking the trend.
Fri, Feb 05, 2010
The Mashpee Wampanoag tribe has been stepping out on its partner in a proposed casino development, the town of Middleboro. The tribe admitted last week that it has been talking to the town of Fall River about possibly locating its casino there.
Fri, Feb 05, 2010
The state of Arizona has made it clear that it opposes the Tohono O’odham Nation’s attempts to build a casino in Glendale. Now lawmakers are attempting to pass a bill that would stop the tribe in its tracks.
Fri, Feb 05, 2010
The Youngstown, Ohio, entrepreneur built a family-run company that has remained one of the top vendors to the casino industry.
Sat, Feb 06, 2010
The former Sands, Argosy and Mohegan Sun executive is the new senior vice president of marketing for Seneca Gaming’s three western New York casino properties.
Sat, Feb 06, 2010
Hospitality veteran Michael Shindler is joining Hard Rock International as the company’s new executive vice president of hotels and casinos.
Sat, Feb 06, 2010
Microgaming executive David Flynn has joined NYX Interactive. Flynn will be the company’s COO, working with CEO Staffan Lindgren to manage and expand the company.
Sat, Feb 06, 2010
Andrew Hanley has been promoted to vice president of international sales for TransAct Technologies. Hanley will oversee the company’s sales in the Asia Pacific and South American markets.
Sat, Feb 06, 2010
When Richard J. Schilling, Jr., opened Splash in Tunica, he ushered in what is now a $3 billion statewide industry.
Sat, Feb 06, 2010
Isle of Capri Casinos has expanded the size of its board of directors and elected Gregory Kozicz to fill the new slot, pending regulatory approval.
Sat, Feb 06, 2010
A former executive of Wynn Macau and WMS Gaming has been named senior manager of the card supplier’s Western Region.
Sat, Feb 06, 2010
Agua Caliente has lost the chief operating officer of its casino properties after David Fendrick announced his departure at the end of January.
Sat, Feb 06, 2010
One of Europe’s most successful land-based gaming machine suppliers is making its move into the online sphere. Novomatic has chosen fellow Austrian concern Greentube as a fitting partner for its U.K. subsidiary.
Sat, Feb 06, 2010
Bally Technologies will continue a deal under which it supplies 6,400 video lottery terminals to a network in place at New York’s eight racetracks.
Sat, Feb 06, 2010
The Italian street slot market has been transformed into a high-tech proving ground by the government’s decision to have every gaming device connected to a central monitoring system. Companies like Octavian are finding fertile ground in the once-wild fields of low-stakes Italian gaming.
Sat, Feb 06, 2010
Gaming software developer Playtech will join with U.K. gaming operator Virgin Games in a software delivery deal.
Sat, Feb 06, 2010
The leading slot manufacturer announced the first European sales of its sbX server-based gaming system in Italy, to Casino d’Evian in France and to the Casino de la Vallée.
Sat, Feb 06, 2010
FutureLogic’s GEN2 Universal thermal printers will now be the preferred printer in WMS slot machines.
Sat, Feb 06, 2010
The Bulgarian casino operator has specified the MEI Cashflow SC83 bill validator as its preferred equipment for all future slot purchases.
Sat, Feb 06, 2010
A Las Vegas-based marketing firm is attempting to undo negative perceptions about the convention industry by teaching sales professionals how to deal with the economic downturn.
Sat, Feb 06, 2010
Restrictions on gambling by locals are going to extensive in Singapore, and reminders about problem gambling will be everywhere.
Sat, Feb 06, 2010
Nevada officials slam President Barack Obama over remarks about blowing money in Las Vegas. This is the second anti-Vegas remark Obama has made since taking office.
Sat, Feb 06, 2010
Major non-gaming tribe welcomes new hotel, hoping to bring tourists back to the reservation, while respecting the culture and ancestors.
Sat, Feb 06, 2010
A new Confucius-themed lottery in China brings out the best—and the worst—in Chinese character.
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