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Deed restricts use of Atlantic City's Trump Plaza

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Seminoles play hard in compact talks June 30, 2015 by Phil Hevener

Gaming Insider | The Seminole Tribe of Florida holds a strong hand, maintaining a tight grip on opportunities to expand its significant position in the casino business, while fighting off competition from all directions.

Sports betting entities aren't blocked by Wire Act June 30, 2015 by GT Staff

The Analyst | With the passage of the entity wagering law, Nevada has made it legal for people to put money in a sports and/or race betting pool and see their betting dollars professionally managed, almost like a mutual fund.

Just take bigger wagers on sports June 30, 2015 by Scott Schettler

Gaming Yesterday | Entity Betting is envisioned to operate like a mutual fund. It’s perceived as legal as long as the person placing the wager is in Nevada and the out of state investors have no say in selecting the games to get down on.

Nevada casinos make more than $1B in May June 29, 2015 by Staff & Wire Reports

Huge crowds and high rollers in Las Vegas for the Floyd Mayweather-Manny Pacquiao fight helped Nevada casinos make more than $1 billion off gamblers in May. It was the first time casinos have hit that total in more than a year.

AGA takes gaming issues to presidential candidates June 29, 2015 by Phil Hevener

​The 2016 presidential election is nearly 17 months away but with more than a dozen candidates looking for attention, the American Gaming Association has sent out letters urging candidates to get familiar with the casino industry and its issues.

Deed restricts use of Atlantic City's Trump Plaza June 29, 2015 by Phil Hevener

​The owners of the former Trump Plaza hotel and casino on the Atlantic City Boardwalk do not want the building used as a casino for at least a decade, according to a deed restriction that still needs the approval of a bankruptcy court judge.

MGM request for delay pleases Connecticut tribes June 29, 2015 by Phil Hevener

MGM’s request for a one-year delay in the scheduled opening of its Springfield, Mass., resort is good news for the two Connecticut tribes that are hoping for a jointly operated casino near the border separating the two states.

'Broken Tooth' returns to Macau... maybe June 28, 2015 by Phil Hevener

​Does the gangster known as “Broken Tooth” have information that the leaders of Macau’s gaming companies would love to know about? Wan Kuok-koi – that’s Broken Tooth – is acting like a man who knows there is good money to be made...

MGM Resorts seeks Springfield, Mass. casino delay June 27, 2015 by Phil Hevener

MGM Resorts hopes to get approval for a revised construction schedule on its Springfield, Mass., resort that would delay the opening of the $800 million project about a year till September 2018.

Las Vegas Strip gaming revenues increase June 27, 2015 by Phil Hevener

Las Vegas Strip casino operators provided an eye-catching lesson to resorts elsewhere during May. Special events drive a lot of casino action. Slot revenue on the Strip and table game action excluding baccarat enjoyed double digit increases during May.

Wanted: new rules for electronic casino games June 26, 2015 by Phil Hevener

​Nevada casinos and the games they offer need to keep up with the changing preferences of casino visitors who, as a group, are younger than ever and open to a variety of entertaining options.

Atlantic City rescue bills approved June 26, 2015 by Phil Hevener

​Atlantic City’s struggling casinos could make “payments in lieu of taxes” for 15 years, allowing the casinos to know exactly how much they owe. This plan is one of several bills approved by New Jersey lawmakers.

Deadwood casinos get new games June 25, 2015 by Phil Hevener

​There will be some new games in Deadwood beginning July 1, games that the Black Hills town hopes will add pizzazz to the list of gambling options available there.

Seminoles won't give up blackjack games June 25, 2015 by Phil Hevener

​Florida’s Seminole Tribe says it has no intention of giving up blackjack and the other casino games that have made their Hard Rock resorts two of the most successful casinos in the country.

Alabama gambling gets support from Pat Dye June 24, 2015 by Phil Hevener

​Former Auburn University football coach Pat Dye has pledged his support to a campaign that will generate support for a constitutional amendment that would allow a lottery and casinos at Alabama's four greyhound tracks.

Plainridge Casino opens near Boston June 24, 2015 by Phil Hevener

It’s time to get down to business in Massachusetts where the state’s first casino – a slots only operation – is ready for business in Plainview about 35 miles south of Boston.

Private entity sports wagering may live up to early promise June 23, 2015 by Phil Hevener

Gaming Insider | The betting is that private entity sports wagering may very quickly live up to its early promise as a driver of increased betting activity. That’s speculation since a lot has to happen before the first “entity” walks through the door.

Nev. Gaming companies saved by Compliance Committees June 23, 2015 by GT Staff

The Analyst | Compliance Committees have become the new United States Calvary for Nevada Gaming companies doing business abroad.

South Florida's racino action continued up solidly in May June 23, 2015 by Casino Doctors

Florida Gaming Report | South Florida’s racino action continued up solidly in May at an exceptionally high rate for this time of year. Total Net Slot Revenue was up $3.7 million or 8.7%, which translates to $1.2 million in additional revenue.

Kirk Kerkorian learned at the college of hard knocks June 23, 2015 by Eileen Di Rocco

Around Town | The passing of Kirk Kerkorian last week has left a big empty space in Las Vegas. But we don’t know anyone who was better able to capture the essence of a person than the late Chuck DiRocco.

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Casino Industry

Private entity sports wageringGAMING INSIDER

Private entity sports wagering

The betting, so to speak, is that private entity sports wagering may very quickly live up to its early promise as a driver of increased betting activity. That’s speculation of course since a lot has to happen before the first “entity” walks through the door money in hand and regulators give it a green light.

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