Associated Press · May 30, 2013 at 5:39 pm
SACRAMENTO, Calif. (AP) - Gov. Jerry Brown has signed a bill authorizing a revised agreement with a Sacramento-area Indian tribe that owns a struggling casino east of the state capital.
Brown announced Thursday that he signed AB1267 by Assemblyman Isadore Hall, a Los Angeles Democrat.
The bill will let the Shingle Springs Band of Miwok Indians restructure and refinance its debt while … [Read more...]
Associated Press · May 30, 2013 at 5:04 pm
BOSTON (AP) - The state's gambling commission has set a Sept. 30 deadline for commercial developers seeking a casino license in southeastern Massachusetts.
Under a timetable set by the panel on Thursday, companies will have until that date to submit a preliminary application along with a $400,000 application fee.
The five-member commission voted last month to open the region to commercial … [Read more...]
Jeannie Nuss, Associated Press · May 30, 2013 at 4:16 pm
LITTLE ROCK, Ark. (AP) - A businessman who said he owns trademarks to the lottery's name can't sue the Arkansas Lottery Commission, the state Supreme Court ruled Thursday.
In a 4-3 decision, the high court reversed a lower court's decision and dismissed a lawsuit from Ed Dozier's company, Alpha Marketing, against the lottery commission. The court said the commission is a state entity entitled … [Read more...]
Associated Press · May 30, 2013 at 11:51 am
WAMPSVILLE, N.Y. (AP) - Elected officials in a second central New York county have approved a state-brokered agreement with the Oneida Indians involving land claims and gambling rights.
The Madison County Board of Supervisors on Thursday approved Gov. Andrew Cuomo's recently announced deal between the Oneida Indian Nation and New York state.
The Board of Legislators in neighboring Oneida … [Read more...]
Howard Stutz, Las Vegas Review-Journal · May 30, 2013 at 10:35 am
An online gambling website based on the World Series of Poker and awaiting final approval from Nevada gaming regulators accidently went live Wednesday for a brief time period but was shut down quickly when the glitch was discovered.
Caesars Interactive Entertainment, which operates the World Series of Poker, informed Nevada gaming regulators of the error. Caesars wants to launch the … [Read more...]
Laura Carroll, Las Vegas Review-Journal · May 30, 2013 at 9:05 am
The morning Vicki Bambini was burglarized for $1,000 in her Golden Nugget hotel room marked her 30th year visiting Las Vegas.
In 2008, she and her sister were sleeping in their room on the 20th floor of the downtown hotel when both heard a noise and thought it was each other. When she awoke, the Columbus, Ohio, resident said she noticed the door was ajar and all the money in both wallets plus … [Read more...]
Howard Stutz, Las Vegas Review-Journal · May 30, 2013 at 8:40 am
Pinnacle Entertainment’s $2.8 billion buyout of Ameristar Casinos is in jeopardy after the Federal Trade Commission said the deal violates U.S. antitrust law.
In a 17-page administrative complaint issued Wednesday, the FTC said the merger between the two Las Vegas-based regional casino operators “would reduce competition” in St. Louis and Lake Charles, La.
The FTC halted the deal until a … [Read more...]
Associated Press · May 30, 2013 at 3:32 am
BOSTON (AP) - Companies interested in developing a casino in southeastern Massachusetts may soon have a better idea of when they can enter the bidding.
The state's gambling commission is slated to discuss and possibly vote Thursday on a timetable for casino applications in the region.
The panel voted last month to open the region to commercial casino developers, ending a period of … [Read more...]
Las Vegas Review-Journal · May 29, 2013 at 8:49 pm
With 62 events between now and July 15, the 2013 World Series of Poker got into gear Wednesday with an event just for the home crowd.
The Casino Employees No-Limit Hold ’em game gets things started at the Rio with a $500 buy-in two-day event, and then it’s nonstop poker until the nine finalists are standing for November’s final table in the main event.
Also Wednesday, a No-Limit Hold … [Read more...]
Chris Sieroty, Las Vegas Review-Journal · May 29, 2013 at 7:51 pm
A graduate of a unique executive development program at the University of Nevada, Reno turned executive with Marina Bay Sands in Singapore on Wednesday said the late economist Bill Eadington had a profound effect on his students and others in the industry during his 40-year career.
Eadington, who was best-known as the director of the Institute for the Study of Gambling & Commercial Gaming … [Read more...]
Bob Salsberg, Associated Press · May 29, 2013 at 12:52 pm
BOSTON (AP) - Massachusetts officials have sought dismissal of a federal lawsuit challenging the constitutionality of a provision in the state's casino gambling law that gave preference to a native American tribe over private developers.
In a motion filed Tuesday the state argued the lawsuit brought by KG Urban Enterprises is now moot because the Massachusetts Gaming Commission recently voted … [Read more...]
Associated Press · May 29, 2013 at 12:16 pm
NAMPA, Idaho (AP) - An Idaho school district's struggle to fix its finances won't get a boost from a charity home raffle, after concerns raised by the state lottery agency prompted a promoter to scrap the giveaway just a week after it was announced.
The Idaho Lottery Commission told retired developer Phil Allaire that his plan to sell $100 raffle tickets to raise $4.3 million to eventually … [Read more...]
Associated Press · May 29, 2013 at 6:17 am
NEW ORLEANS (AP) - Louisiana Lottery officials in Baton Rouge are awaiting word from whoever bought one of the winning tickets from Saturday's $50 million multi-state Powerball drawing.
A ticket sold at a gas station on Franklin Avenue in New Orleans was one of three winning tickets. The ticket-holders will each get a share of the $50 million prize.
The Franklin Shell Gas station gets a … [Read more...]
Associated Press · May 29, 2013 at 3:11 am
OKLAHOMA CITY (AP) - Scientific Games Corporation has signed a contract with the Oklahoma Lottery to provide a variety of lottery systems and services.
The contract was announced Tuesday by officials from the lottery and the global gaming company. The company says it will provide terminals and statewide communications, instant ticket printing, warehousing and distribution and technical and … [Read more...]
Adam Kealoha Causey, Las Vegas Review-Journal · May 29, 2013 at 2:48 am
Nevada casinos, restaurants and resorts reached an agreement with the state Tuesday that, pending legislative approval, would bring an end to a yearslong battle over taxes on comped meals.
Businesses will drop their claims for refunds under the settlement, which state tax commissioners unanimously approved. Including accrued interest, those claims total $233 million.
As a concession, the … [Read more...]
Anal Snel, Las Vegas Review-Journal · May 29, 2013 at 12:21 am
Just two months after UNLV dumped Majestic Realty as a partner in a new stadium, Majestic is pushing an alternative that would bypass the university and instead partner with the state itself.
Craig Cavileer, Majestic’s point-man on the project, said his company will commit $385 million toward the $770 million project. In recent weeks he has been quietly lobbying lawmakers and Gov. Brian … [Read more...]
Howard Stutz, Las Vegas Review-Journal · May 28, 2013 at 10:24 pm
A former Nevada congressman turned lobbyist said Tuesday that the gaming industry’s indecisiveness toward online gambling a few years ago scuttled chances for passage of a federal bill to legalize and regulate Internet poker.
Jon Porter, who represented Nevada’s 3rd Congressional District for three terms, said casino companies also were late in recognizing that American Indian tribes and state … [Read more...]
Tim O'Reiley, Las Vegas Review-Journal · May 28, 2013 at 9:45 pm
The amount Las Vegas Sands Corp. owes to the company owned by one-time consultant Richard Suen grew by nearly half to $101.6 million in the final judgment signed Tuesday by Clark County District Judge Rob Bare.
Two weeks ago, the 12-member jury set the value of Suen’s work in helping Sands break into the booming Macau market at $70 million. Interest, running at the rate of 5.25 percent from the … [Read more...]
Sophia Tareen, Associated Press · May 28, 2013 at 9:12 pm
SPRINGFIELD, Ill. (AP) - The head of the board that regulates Illinois' gambling said Tuesday that a proposed expansion calling for five new casinos raises so many questions about oversight of a Chicago casino that it should be separated into its own bill.
While it was unlikely that Illinois Gaming Board Chairman Aaron Jaffe's idea would take shape before Friday's end-of-session deadline, … [Read more...]
Associated Press · May 28, 2013 at 2:29 pm
SARATOGA SPRINGS, N.Y. (AP) - The Saratoga Casino and Raceway plans a $30 million expansion project that will include a 120-room hotel, a fine dining restaurant and an event center.
Officials with the harness track and video slot machine casino say Tuesday the work will begin in the spring of 2014 and take a year to complete. The expansion is expected to add 260 jobs to the facility, which is … [Read more...]
Wayne Parry, Associated Press · May 28, 2013 at 1:39 pm
ATLANTIC CITY, N.J. (AP) - It took seven months, but most people now realize the Atlantic City boardwalk was not destroyed by Superstorm Sandy.
The latest round of survey figures released by city tourism leaders show that nationwide, only 15 percent of respondents think the boardwalk was destroyed. That's down from 41 percent right after the storm.
In the Northeast, only 14 percent believe … [Read more...]
Jeff Amy, Associated Press · May 28, 2013 at 1:19 pm
JACKSON, Miss. (AP) - Mississippi casino revenue kept falling in April, with gamblers losing less than in any other April since 1998.
Mississippi Department of Revenue figures show statewide casino revenue fell 6 percent to $176.3 million.
Year-over-year casino revenue has fallen in every month since July 2012. The state's casinos, over the last 12 months, have collected only about 75 … [Read more...]
Amanda Lee Myers, Associated Press · May 28, 2013 at 10:42 am
CINCINNATI (AP) - Five people in the Cincinnati area were indicted Tuesday after prosecutors say they cheated at Ohio's fourth and newest casino.
The five were caught either adding or removing chips from bets after they knew the outcome of the game, prosecutors said. They were captured on surveillance cameras in March, the same month the casino opened, and identified using their own players' … [Read more...]
Howard Stutz, Las Vegas Review-Journal · May 28, 2013 at 9:03 am
A month after parting ways with its long-time auditor, Las Vegas Sands Corp. has appointed Deloitte & Touche LLP to serve as the casino operator’s independent outside accounting firm.
In a filing late Friday with the Securities and Exchange Commission, Las Vegas Sands said Deloitte & Touche would audit the company’s financial reporting through the end of the year.
Las Vegas Sands … [Read more...]
Tim O'Reiley, Las Vegas Review-Journal · May 28, 2013 at 8:50 am
The sometimes nasty legal battle that Cantor Gaming launched two years ago against former executive Joseph Asher has now extended to arch rival William Hill PLC.
In a lawsuit filed earlier this month in Clark County District Court, Cantor charged that William Hill had deliberately poached trade secrets and potential clients when it bought Brandywine Bookmaking LLC in 2011.
Asher started … [Read more...]
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