UNITED STATES GAMING

Vol. 7 • No. 19 • May 25, 2009 - Print This Issue

MGM Mirage Completes Restructuring

Fri, May 22, 2009

Stock sale and private notes raise $2.6 billion, but company might not be in clear yet, as Kirk Kerkorian (l.) yields majority ownership.

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Latest Attempt To Expand Gaming In Texas Dies

by Staff

Fri, May 22, 2009

The strongest effort yet to expand gaming in the Lone Star state fell short at the end of the legislative session, with only a poker room bill remaining standing, and facing an almost sure veto by Governor Rick Perry even if it passed.

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Kentucky Considers Racino Plan

by Staff

Fri, May 22, 2009

Kentucky’s Governor Steve Beshear (l.) and House leaders met last week to discuss a plan that would allow the Bluegrass State’s racetracks add slot machines as a means to keep the venerable industry from failing.

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MGM Mirage In The Running To Build, Operate Big A Racino

by Staff

Fri, May 22, 2009

Joining with a minority developer and New York investment firm, the casino giant says it’s ready to “deliver on the still unrealized dream” of Aqueduct.

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Jay Daniel Company To Run Harlow's

by Staff

Fri, May 22, 2009

The Jay Daniel Company was awarded the management contract for Harlow's Casino Resort in Greenville, Mississippi.

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Kansas Lawmakers Call For Change To Casino Law

by Staff

Fri, May 22, 2009

Kansas Democratic leaders of both the House and Senate are calling for changes in the state’s gaming law next year that would smooth the path for the four state owned casino resorts to be built, by reducing the minimum investment required and make it financially feasible for the existing three racetracks to add slot machines by cutting the state’s percentage of the take.

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Rhode Island Considers Casino Referendum

by Staff

Fri, May 22, 2009

Voters in Rhode Island would get to decide whether the state’s two racinos will become Las Vegas style casinos under a bill being discussed in the legislature. The bill would authorize a vote in 2010 to amend the state constitution.

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Legislative Action On Massachusetts Gaming Seems Certain

by Staff

Fri, May 22, 2009

The fact that the Mohegan Sun Casino’s development arm opened a storefront in Palmer, Massachusetts shows that the gaming debate in the Bay State is heating up and that the biggest players possible are taking it seriously.

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Illinois Considers Racino At Arlington Park

by Staff

Fri, May 22, 2009

Arlington Park racetrack could become a racino with up to 1,000 slot machines under an amendment approved last week by an Illinois Senate panel.

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Judges Split On Condo Conflicting

by Staff

Fri, May 22, 2009

Different lawsuits involving purchasers of condo units at the Signature at MGM Grand have resulted in courts being split about whether the dispute will be resolved in front of a jury or an arbitrator.

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Ohio Groups Want Piece Of The Gaming Action

by Staff

Fri, May 22, 2009

While proponents for four casino resorts in Ohio’s largest cities are gathering signatures to put the measure on the November ballot, the state’s horse and bar and tavern interests have started to clamor for a piece of the action.

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Hope For Reno

by Staff

Fri, May 22, 2009

City-led economic development efforts and casino expansion project show promise for struggling city.

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CEO Comes And Goes As Florida Cruise Struggles To Stay Afloat

by Staff

Fri, May 22, 2009

Former chief executive Larry Mullin returned full of promise for company in trouble, then departed days later in contract dispute.

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Sands Bethlehem Opens

by Staff

Fri, May 22, 2009

The Sands Bethlehem, an ambitious project by Las Vegas Sands Corporation, opened its first phase last week, giving Pennsylvania its eight operating slot venue.

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Horsemen Oppose Video Poker In Pennsylvania

by Staff

Fri, May 22, 2009

Lobbyists for the state’s horse racing industry testified before state lawmakers in opposition of Pennsylvania Governor Ed Rendell’s proposal to legalize video poker at licensed liquor establishments across the state.

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Trump Marina Sale In Question

by Staff

Fri, May 22, 2009

Trump Entertainment Resorts is reportedly seeking to sell its Marina district property as part of its bankruptcy reorganization, which has the company to which it had planned to sell the casino up in arms.

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