September 18, 2012 at 8:30 pm
MONTGOMERY, Ala. (AP) - A federal judge has pushed back the date for Country Crossing casino developer Ronnie Gilley to report to prison.
Gilley was scheduled to begin his sentence of six years and eight months on Sept. 24, but U.S. District Judge Myron Thompson issued an order Tuesday pushing it back Tuesday until Oct. 9 because Gilley is scheduled for surgery Wednesday. … [Read more...]
September 18, 2012 at 8:11 pm
Chuck Bartels, Associated Press
LITTLE ROCK, Ark. (AP) - A state senator on Tuesday proposed addressing a $23 million projected shortfall in money available for lottery-funded scholarships by adjusting awards for students so they get less as underclassmen but more as they advance.
The proposal by Sen. Johnny Key, R-Mountain Home, drew immediate criticism from former Lt. Gov. Bill Halter, who … [Read more...]
September 18, 2012 at 7:30 pm
Andrew DeMillo, Associated Press
LITTLE ROCK, Ark. (AP) - A campaign funded by a Hot Springs horse track asked the Arkansas Supreme Court on Tuesday to block a proposed ballot measure that would give a professional poker player the exclusive right to operate casinos in the state.
The Arkansas Racing Alliance asked justices to reject the proposed constitutional amendment by Nancy Todd, … [Read more...]
September 18, 2012 at 4:52 pm
CARSON CITY, Nev. (AP) - The chairman of the Nevada Gaming Control board is stepping down at the end of the month.
Mark Lipparelli on Tuesday said he is resigning effective Sept. 28 so that a new chairman has time to prepare before the 2013 Legislature convenes in February. His four-year term was to expire Dec. 31.
Gov. Brian Sandoval praised Lipparelli's service and said … [Read more...]
September 18, 2012 at 4:46 pm
Kathleen McLaughlin, Associated Press
(Indiana) Central Indiana’s two racetrack-casinos may consolidate under a single owner after Indianapolis-based Centaur Holdings LLC submitted a winning bid of at least $500 million for Indiana Grand Casino in Shelbyville.
Centaur informed its employees at Hoosier Park in Anderson on Tuesday morning that Indiana Grand’s owners had accepted the bid, … [Read more...]
September 18, 2012 at 2:43 pm
(Updated) Patrick Walters, Associated Press
PHILADELPHIA (AP) - Gross table games revenue rose more than 11 percent at Pennsylvania's casinos last month compared to the same period a year ago.
The state's 11 casinos collected a total of $59.9 million in gross revenue from table games in August, an increase of 11.1 percent over the $53.9 million generated in August 2011, according to monthly … [Read more...]
September 18, 2012 at 2:09 am
LAKE CHARLES, La. - Officials of Ameristar Casino say construction of a $500 million casino is moving ahead on schedule and the development should open in 2014.
The American Press reports that since July, Ameristar has removed trees, set a building foundation and completed a road that allows construction workers access to the site of its casino hotel in south Lake … [Read more...]
September 17, 2012 at 7:16 pm
AUGUSTA, Maine (AP) - Final approval of an expanded gambling area at Maine's newest casino is being considered by the state Gambling Control Board.
At its regular meeting Tuesday, the board will consider approving an expansion to the Oxford Casino, which opened in June in the western Maine town of Oxford.
The casino now has 529 slot machines and 12 table games including … [Read more...]
September 17, 2012 at 6:02 pm
Jeannie Nuss, Associated Press
SEARCY, Ark. (AP) - A judge ruled Monday that a jury will hear a legal battle over a $1 million lottery ticket that one Arkansas woman says she threw away and another says she plucked out of the trash.
Judge Craig Hannah's decision to grant Sharon Jones' request for a jury trial means the legal dispute over the lottery ticket will likely last even longer. … [Read more...]
September 17, 2012 at 12:15 am
NEW CASTLE, Del. (AP) - The panel that sets Delaware's official revenue projections is meeting to update its financial forecast.
Monday's meeting of the Delaware Economic and Financial Advisory Council is the first since lawmakers passed a budget for the fiscal year that started July 1.
The meeting also will be the panel's first since state officials expanded sports … [Read more...]
September 15, 2012 at 5:01 pm
Jonathan J. Cooper, Associated Press
PORTLAND, Ore. (AP) - After going bust in their first three attempts to get voters to approve Oregon's first nontribal casino, a group of investors is going all in this year.
With ample money from a Canadian investment firm, the proponents are feverishly selling Oregonians on their plans to build a casino and entertainment complex just outside Portland. … [Read more...]
September 13, 2012 at 5:07 am
Andrew DeMillo, Associated Press
LITTLE ROCK, Ark. (AP) - The Arkansas Supreme Court for the second week in a row is hearing arguments over a ballot measure that would give a private business the exclusive right to operate casinos in the state.
Justices are scheduled to hear oral arguments Thursday in professional poker player Nancy Todd's lawsuit over her proposed constitutional amendment. … [Read more...]
September 13, 2012 at 4:39 am
Kelvin Chan, Associated Press
MACAU (AP) - In the Philippines, a $4-billion casino will soon rise from reclaimed land on Manila Bay. In South Korea, foreign investors are expected to break ground next year on a clutch of casino resorts offshore. And on the eastern edge of Russia, authorities plan a resort zone aimed at drawing Chinese high-rollers.
The projects are part of a casino building … [Read more...]
September 12, 2012 at 6:32 pm
Josh Funk, Associated Press
OMAHA, Neb. (AP) - State Sen. Brenda Council has agreed to plead guilty to misdemeanor charges stemming from allegations that she misused more than $60,000 in campaign donations at casinos and filing false reports to conceal that, Nebraska Attorney General Jon Bruning said Wednesday.
Bank records and casino security videos show that Council withdrew a total of … [Read more...]
September 12, 2012 at 6:16 pm
LONDON (AP) - Snooker's governing body is investigating unusual betting patterns in a match between six-time world champion Steve Davies and Thepchaiya Un-Nooh of Thailand at a tournament in England last week.
The World Professional Billiards and Snooker Association said in a statement on its website Wednesday that the case has been passed to its integrity unit "to establish … [Read more...]
September 12, 2012 at 1:04 pm
COLUMBUS, Ohio (AP) - The Ohio Casino Commission has cleared the way for a new casino to open next month in Columbus.
The commission met Wednesday and approved the operator's license for the $400 million Hollywood Casino Columbus. It's scheduled to open Oct. 8 and is expected to draw 3 million visitors a year.
Also Wednesday, the casino commission approved five local charities that will … [Read more...]
September 11, 2012 at 8:05 pm
FLAGSTAFF, Ariz. (AP) - An Arizona tribe with plans to build a casino and resort on property it purchased near Glendale scored a key victory Tuesday when a federal appeals court ruled that the U.S. Department of Interior rightfully awarded reservation status to a section of the land.
The 9th Circuit U.S. Court of Appeals issued a split decision rejecting arguments by the city of Glendale that … [Read more...]
September 10, 2012 at 5:03 pm
BOSTON (AP) - Incumbent U.S. Rep. John Tierney is the target of a new television ad from a political action committee bankrolled in part by billionaire casino mogul Sheldon Adelson.
The ad focuses on the Salem Democrat's family troubles.
One of Tierney's brothers-in-law was sentenced to three years in federal prison for running an illegal offshore gambling operation. A … [Read more...]
September 10, 2012 at 2:18 pm
Wayne Parry, Associated Press
ATLANTIC CITY, N.J. (AP) - Revel broke the $20 million mark in casino revenues in August, and Atlantic City's 12 casinos collectively saw their monthly revenue increase by 12.6 percent compared with a year ago.
But no one was popping champagne corks just yet in the struggling seaside gambling resort: The comparison was to August 2011 when Hurricane Irene forced … [Read more...]
September 10, 2012 at 8:17 am
Peter Enav, Associated Press
BEIGAN, Taiwan (AP) - Cheng Yu-lan surveys the terraced courtyard outside her deserted Matsu tea shop and considers the $2 billion bonanza about to wash over the offshore Taiwanese archipelago - a bonanza that seems set to change the lives of its 7,000 people beyond all recognition.
In July, some 3,000 Matsu residents voted 57 to 43 to permit casino gambling in … [Read more...]
September 10, 2012 at 3:31 am
Wayne Parry, Associated Press
ATLANTIC CITY, N.J. (AP) - August was a crucial month for Atlantic City's newest casino, as it sought to increase the amount of money it won from gamblers.
Casino revenue figures due to be released Monday afternoon by state regulators will show if Revel is starting to shake off its slow start, or whether the $2.4 billion resort remains stuck in low … [Read more...]
September 7, 2012 at 11:14 am
Ken Ritter, Associated Press
LAS VEGAS (AP) - Casino giant Las Vegas Sands Corp. has chosen Madrid over Barcelona for a multi-billion dollar gambling resort project dubbed "EuroVegas."
The Spanish capital, the country's largest city, emerged as the company's best choice for the development, Las Vegas Sands Chairman and CEO Sheldon Adelson said in a statement released late Friday in Las … [Read more...]
September 7, 2012 at 8:40 am
TRENTON, N.J. (AP) - A court filing claims sports gambling is so widespread already that New Jersey's plans to implement it won't cause any harm to college and pro sports leagues.
The argument is contained in a court filing that seeks to dismiss a lawsuit filed by the four major pro leagues and the NCAA.
New Jersey's Legislature approved sports gambling - in defiance of a federal ban - … [Read more...]
Howard Stutz, CDC Gaming Reports · August 5, 2000 at 10:49 am
Debt financing expenses sent Scientific Games’ second quarter net loss tumbling 12 times larger than the gaming equipment’s decline a year ago, but the company’s CEO said reducing the leverage is creating a stronger operating position.
In a statement Thursday, Scientific Games said the $75 million net loss was driven by $60 million in debt financing expenses the lowered interest costs and … [Read more...]