Michael Hill, Associated Press · December 7, 2013 at 9:44 am
ALBANY, N.Y. (AP) - More potential competitors for upstate New York casino licenses are emerging despite an increasingly crowded Northeast market.
New York officials will begin awarding casino licenses next year after voters passed a state constitutional amendment to allow Las Vegas-style casinos beyond Indian land. There will be four upstate licenses available, and more than twice that number … [Read more...]
Wayne Parry, Associated Press · December 7, 2013 at 9:27 am
ATLANTIC CITY, N.J. (AP) - The Atlantic Club Casino Hotel, which hopes to sell itself at a bankruptcy court auction this month, has laid out its assets and liabilities for the court.
The casino formerly known as the Atlantic City Hilton listed assets, excluding real property, of $17.1 million and liabilities of $16.8 million.
The casino would not estimate the worth of its real property when … [Read more...]
Tim O'Reiley, Las Vegas Review-Journal · December 6, 2013 at 8:20 pm
The unfinished and unwanted Harmon Hotel at CityCenter on Friday received at least a one week reprieve from demolition.
Clark County District Judge Elizabeth Gonzalez gave FM Global, the insurance company that holds the construction policy on the Harmon, until Dec. 13 to outline whether it needs more time investigate the building’s flaws. CityCenter, half-owned and operated by MGM Resorts … [Read more...]
Norma Love, Associated Press · December 6, 2013 at 2:53 pm
CONCORD, N.H. (AP) - A special gambling panel charged with developing regulations for a future casino voted Friday to recommend that New Hampshire legalize one casino with up to 5,000 video slots and 150 table games.
The New Hampshire Gaming Regulatory Oversight Authority voted 8-1 to approve draft legislation that authorizes a new commission to begin licensing a casino. The Legislature will … [Read more...]
Howard Stutz, Las Vegas Review-Journal · December 6, 2013 at 1:33 pm
Two consultants told the Maryland Video Lottery Facility Location Commission on Friday that MGM Resorts International had the superior proposal for a hotel-casino complex in Prince George’s County.
MGM Resorts has proposed building an $800 million development at National Harbor on a site overlooking the Potomac River across from Washington, D.C.
According to coverage of the meeting by the … [Read more...]
Erik Matuszewski, Bloomberg · December 6, 2013 at 7:30 am
Dec. 6 (Bloomberg) -- The Carolina Panthers have sports books juggling their Super Bowl odds after becoming the first National Football League team in 20 years to run off eight straight victories following a 1-3 start.
The Panthers two days before the start of the season had 66-1 odds of winning the Super Bowl, according to online sports book Bovada.lv, putting them 25th among the league’s 32 … [Read more...]
Associated Press · December 6, 2013 at 5:00 am
CONCORD, N.H. (AP) - A special panel created to develop regulations for a future casino is wrapping up work on its report to the Legislature.
The New Hampshire Gaming Regulatory Oversight Authority is meeting Friday to review draft legislation. At its last meeting, panel members took a straw vote to include a maximum of 5,000 slot machines, the tax rate and number of locations in the … [Read more...]
Laura Myers, Las Vegas Review-Journal · December 6, 2013 at 12:06 am
Nevada Gov. Brian Sandoval held discussions with Israel’s political leaders about introducing gaming to the Jewish state, which is considering the idea, the country’s consul general said Thursday.
The discussions took place when Sandoval visited Israel in October as part of a trade mission to diversify Nevada’s economy. About 50 business leaders accompanied Sandoval and focused on opportunities … [Read more...]
Wayne Parry, Associated Press · December 5, 2013 at 6:48 pm
ATLANTIC CITY, New Jersey (AP) - The world's largest casino company is cautioning investors that Internet gambling might hurt, rather than help, its brick-and-mortar casinos.
Caesars Entertainment, which owns four of Atlantic City's 12 casinos, wrote in a filing with securities regulators late Wednesday that online gambling could reduce patron visits to its casinos in New Jersey and Nevada, and … [Read more...]
Laura Carroll, Las Vegas Review-Journal · December 5, 2013 at 6:08 pm
It was called the State of Nevada Governor’s Conference on Tourism, but alas, there was no governor.
No, our fair leader, Brian Sandoval, had to cancel his address Wednesday afternoon because of weather concerns in Carson City.
This isn’t the first time a governor has missed the tourism conference.
In the past ten years or so, the state’s leader only has made it to the event about 50 … [Read more...]
Associated Press · December 5, 2013 at 4:52 pm
MONTGOMERY, Ala. (AP) - The Christian Coalition of Alabama plans to push a bill in the upcoming legislative session that would ban the sale of alcohol in gambling businesses, including Indian casinos.
Coalition Chairman Randy Brinson says the bill should cut down on gambling in Alabama and help prevent social problems. Brinson announced the coalition's agenda Thursday for the legislative … [Read more...]
Associated Press · December 5, 2013 at 4:46 pm
ATLANTIC CITY, N.J. (AP) - A New Jersey lawmaker introduced a bill Thursday that would let his state's casino regulators oversee foreign Internet gambling companies if they move their operations to Atlantic City.
State Sen. Raymond Lesniak says many overseas gambling companies want the stamp of approval that would come from submitting to New Jersey's casino regulators, reputed to be among the … [Read more...]
December 5, 2013 at 1:42 pm
"The gaming industry applauds the U.S. House of Representatives for passing the Innovation Act of 2013 in a bipartisan fashion today. This legislation will help reduce frivolous and abusive patent litigation, asserted by patent trolls, that has negatively impacted U.S. gaming businesses, along with a broad range of other industries. The gaming industry is proud to be an innovative, major American … [Read more...]
Derek Wallbank & Susan Decker, Bloomberg · December 5, 2013 at 1:37 pm
The U.S. House passed legislation to rein in some patent lawsuits that technology companies say could reduce the time they spend fighting such suits in court.
The vote today was 325-91, with 27 Republicans and 64 Democrats opposing the measure. The Senate has its own version of the legislation, which it may take up early next year.
The vote “gives us a huge amount of momentum,” House … [Read more...]
Associated Press · December 5, 2013 at 8:11 am
D'IBERVILLE, Miss. (AP) - Developers of the Scarlet Pearl Casino Resort plan a miniature golf course and 300 hotel rooms in addition to the gambling hall for what could be D'Iberville's first casino.
For more than two decades, D'Iberville leaders have seen casino projects like this come and go. Some have received the Mississippi Gaming Commission's blessing. But, they never got to the … [Read more...]
Associated Press · December 5, 2013 at 6:00 am
LAS VEGAS (AP) - The landmark Hacienda hotel off U.S. 93 near the Hoover Dam and Lake Mead is one step closer to become the Hoover Dam Lodge.
The owner of a chain of "Dotty's" storefront slot machine taverns is in the process buying the 300-room hotel, and plans to give it a new name.
On Wednesday, state gambling regulators gave the purchase a preliminary OK. The Nevada Gaming Commission is … [Read more...]
December 5, 2013 at 4:20 am
Dec. 5 (Bloomberg) -- Japanese lawmakers from the ruling Liberal Democratic Party submitted a bill to legalize casinos to parliament, moving closer to opening up what is projected to be the world’s second-largest gaming market.
The bill was also jointly submitted by the members of the Japan Restoration Party and other groups, Hiroyuki Hosoda, the chairman of a cross-party group of pro-casino … [Read more...]
Associated Press · December 5, 2013 at 4:00 am
RALEIGH, N.C. (AP) - North Carolina Education Lottery players won't have to go the local convenience or grocery store to regularly buy tickets for big jackpot games.
The lottery begins a subscription service Thursday. That means people can register on the lottery's web site to purchase a minimum of two weeks' worth of tickets for up to three games - the twice-weekly multistate Powerball and … [Read more...]
Hannah Dreier, Associated Press · December 4, 2013 at 7:13 pm
LAS VEGAS (AP) - Baby boomers are suckers for appeals to their narcissism. Generation Xers can't stand their parents. And millennials want to feel like do-gooders.
These aren't tired stereotypes. They're lessons marketing consultants say the Nevada tourism industry needs to start using if it wants to pull new customers into casinos.
Marketing consultant Chuck Underwood urged a room of … [Read more...]
Howard Stutz, Las Vegas Review-Journal · December 4, 2013 at 7:03 pm
Nevada Restaurant Services Inc., which operates more than 80 Dotty’s taverns statewide, was given preliminary approval Wednesday by the Gaming Control Board to acquire the Hacienda near Boulder City.
The 289-room hotel-casino overlooking Lake Mead will be renamed the Hoover Dam Lodge and will close for a week over Christmas once the sale is finalized.
The Nevada Gaming Commission will make a … [Read more...]
Howard Stutz, Las Vegas Review-Journal · December 4, 2013 at 5:27 pm
Former Golden Nugget owner and Wynn Resorts Ltd. executive Tim Poster struck out Wednesday in an attempt to gain a preliminary finding of suitability from Nevada gaming regulators, an initial step toward receiving a full-fledged gaming license.
The Gaming Control Board spent more than 4 1/2 hours grilling Poster at a hearing in Carson City over a number of allegations raised by agents in their … [Read more...]
Associated Press · December 4, 2013 at 4:19 pm
DAVENPORT, Iowa (AP) - The company that owns the Rhythm City Casino on Davenport's riverfront will sell it to a developer who plans to build a new land-based casino.
Isle of Capri Casinos, Inc., announced Wednesday that it has reached a "definitive purchase agreement" with Scott County Casino, LLC, which is led by developer Dan Kehl. The $51 million sale is expected to close next year.
The … [Read more...]
Randall Chase · December 4, 2013 at 4:11 pm
DOVER, Del. (AP) - A reconfiguration of the revenue sharing plan for Delaware's gambling industry could be among the recommendations made by a commission examining how to address competition from neighboring states.
Lawmakers established the lottery and gaming commission earlier this year to examine the competitive marketplace facing Delaware's gambling industry. The panel, which met Wednesday, … [Read more...]
Associated Press · December 4, 2013 at 2:56 pm
HARRISBURG, Pa. (AP) - Total revenue from slot machines in Pennsylvania casinos is down more than 1 percent from a year ago.
The Pennsylvania Gaming Control Board said Wednesday revenue fell 1.3 percent in November compared to the same month in 2012.
The slot machines brought in just under $190 million, and generated $102 million in tax revenue.
The drop-off is 2.2 percent if the revenue … [Read more...]
Hannah Dreier, Associated Press · December 4, 2013 at 12:13 pm
LAS VEGAS (AP) - Las Vegas, where the only design rule seems to be that everything must mirror something else, is getting a new mall modeled on Istanbul's Grand Bazaar.
Construction began this week on the Grand Bazaar Shops outside of Bally's Las Vegas Hotel and Casino. The 2-acre (0.8-hectare) outdoor mall is expected to open next fall in the heart of the Strip.
Developer Larry Siegel … [Read more...]
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