Vol. 7 • No. 23 • June 22, 2009, Featured Articles, UNITED STATES GAMING
Indiana Wants More Gaming?
Indiana legislature debates gambling, but partisan efforts hinder progress on budget, casinos and the splitting of the Gary license, where the Majestic Star (l.) wants to separate a license previously owned by the Trump organization, is tabled.
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More Featured Articles
Fontainebleau Bankruptcy Moves Forward
Fontainebleau Las Vegas has dropped its federal lawsuit against lenders and is moving the case into bankruptcy court where the judge ordered the parties to enter mediation. James Packer writes down investment in project to zero; lenders finally explain reasons for default
Kentucky Speaker Uses Education as a Wedge
As a bill to add slots to racetracks across the state is introduced to a special session of the legislature, politicians on both sides of the issue begin a public debate. House Speaker Greg Stumbo (l.) suggests that any legislator who doesn’t vote for the bill can forget about education funding.
Duel Over South Africa License
The public competition for a single casino license to operate the Boardwalk casino (l.) is inciting fans and detractors of both companies involved. It will be August before a winner—and a loser—is declared.
Early Results Impressive for City of Dreams
Melco Crown’s City of Dreams in Macau claims a million visitors in less than one month, with other revenue reports also positive.
Roadblocks To Seminole Compact In Florida Put $2 Billion At Risk
Proposed deal, which permits Class III slots to replace the former Class II versions (l.), means $150 million a year for the state for 25 years; tribe says without guarantee of exclusivity, they owe nothing
Taiwan Casino Referendum Planned
Taiwan is another step closer to casinos now that the central government will allow a casino referendum in Penghu County (Jiangjyun Islet, l.).
FANTINI'S FINANCE: Recession Spurs Legalization
With states looking for tax revenues, the pressure to legalize gaming may be too hard to resist, bringing the value of slot companies to the forefront.




