When Scioto Downs in Columbus, Ohio, became the first racino in that state, the property’s owner, MTR Gaming Group Inc. (MNTG), promised to pay the state a $50 million license fee. Half that amount was paid initially when the racino opened on June 1, 2012.
Last week, the company announced it had paid another $25 million, thus completing its total commitment for the slots facility.
Dennis Berg, the director of the Ohio Lottery that oversees the gambling, called Scioto Downs a good partner.
“We’re grateful for Scioto Downs professional and proactive operations,” he said.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at RayPoirier@GamingToday.com.
Before an official vote was taken by the Massachusetts Gaming Commission on Tuesday, three of the four voting members had already decided that they favored Wynn Resorts Ltd. (WYNN) over Mohegan Sun for the Boston-area casino license.
Vegas Sports Books | Have you noticed a sudden shift in how sports betting is being received around the country thanks to positive publicity? We have ESPN College Gameday and Fox Sports talking about point spreads on college football.
Atlantic City’s casino revenue declined by 1.2 percent in August compared with a year ago as another gambling hall shut down. The 11 casinos operating during August won $294.4 million from gamblers, down from $298 million a year ago.
A U.S. Bankruptcy Court trustee is objecting to the proposed auction date for the Revel Casino Hotel and a $3 million breakup fee that would go to a Florida developer if he’s outbid for the recently shuttered site.
The Massachusetts GamingCommission suspended last week’s deliberations in order to give Wynn and Mohegan Sun time to respond to a series of terms and conditions the panel wants to impose on the projects.
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