Alabama legislators may take the first steps during early May toward the passage of a lottery and casino bill as a potential revenue source for what the Associated Press described as the state’s "perpetually cash-strapped budgets.”
The Florida Legislature has concluded its 2015 regular session without acting on any of proposals that would have reshaped legal gaming across the state. But the lack of action has some interests anticipating a special session.
Indiana casinos may soon have state approval to move their floating or dockside casinos on to dry land to locations within their current footprint.
Non-gaming amenities are getting increase attention within Boyd Gaming according to CEO Keith Smith who says the Las Vegas-based company with regional casinos across Middle America generated strong first quarter earnings.
The Nevada Gaming Control Board reported Wednesday that the state’s casinos kept $951 million of what was gambled in March, down 3.2 percent from $982 million in the same month a year ago.
The Tropicana hotel and casino in Las Vegas is being sold for $360 million. A group of shareholders, including private equity firm Onex Corp., say they will sell the 58-year-old Tropicana to the casino operator Penn National Gaming Inc.
Florida Gaming Report | Florida’s racino March slots numbers are a bit deceptive. They were off $148,000 or .03% if the shuttered Dania Jai Alai and Slots is included. However, the $51 million Net Slot Revenue was the highest for the fiscal year without Dania’s NSR.
The Analyst | The way Bitcoin works is very simple and complex at the same time. When a Bitcoin is used, the transaction is shared and verified through software-linked nodes and recorded in a publicly distributed transaction file called a “block chain.”
They are calling it a mega-fight, but whatever the label anyone hangs on it Saturday’s fight at the MGM Grand Garden between Floyd Mayweather Jr. and Manny Pacquiao is this year’s ultimate high roller event.
Penn National continues its search for opportunities to expand further into Las Vegas, according to Chief Executive Officer Tim Wilmott. Wilmott said he considers it a “strategic imperative” for the company to find a way to turn on the revenue pipeline.
Interested in coming to Las Vegas to be part of the matchup to end all matchups that Floyd Mayweather and Manny Pacquiao are selling at the MGM Grand Garden Arena? It’s gonna cost you.
The Iowa Supreme Court ruled that a Waterloo casino does not have to pay Pauline McKee the $41 million she thought she won in 2011 while playing a penny slot machine.
South Korea continues to look very good to potential casino operators who are searching the Pacific Rim for possible casino development locations as the Macau numbers continue their slide.
Up until the early 80’s it was not uncommon to see casino chips used as cash not only at the restaurant and shops within a resort, but to see local shop keepers and specialty stores willing accept them as well for merchandise and services.