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Casino license delay could prove costly for Boston

Industry
Revenue from Pennsylvania table games up slightly April 18, 2014 by Staff & Wire Reports

Pennsylvania casinos are reporting a slight increase in revenue from table games. The Pennsylvania Gaming Control Board said Wednesday that revenue from table games totaled $67.9 million last month, up nearly 1 percent from a year ago.

Rampart Casino opens doors to new bingo room April 17, 2014 by Staff & Wire Reports

Rampart Casino will officially open the doors to its long-awaited Bingo Room on Saturday, April 19, in conjunction with its 15-year anniversary and “15 Years of Fun” initiative.

Poker tournament refund announced by Borgata Casino April 17, 2014 by Staff & Wire Reports

The Borgata Hotel Casino & Spa is reimbursing players in a poker tournament that was suspended after counterfeit chips were discovered. The Borgata enhanced security and introduced more intricate chips for its poker tournament last week.

New Sioux City casino gets some of its slots April 17, 2014 by Staff & Wire Reports

More than 100 slot machines have been delivered for the new Hard Rock casino in Sioux City. The slots will accept bets ranging from a penny to $25 per play.

Connecticut casinos post March slot revenue drop April 16, 2014 by Staff & Wire Reports

Foxwoods Resort Casino and the Mohegan Sun, Connecticut’s Indian-run casinos, say slot machine revenue fell sharply in March. Foxwoods Resort Casino cited an “ultra-competitive” market.

Station Casinos smart phone app available this month April 15, 2014 by Phil Hevener

Gaming Insider | Mobile technology may become the casino industry’s new best friend and the creative marketers at Station Casinos are all over this.

Opposition to online gambling bill still growing April 14, 2014 by Ray Poirier

Reports that some U.S. lawmakers want to restore a prohibition interstate gambling through what was known as the Wire Act have resulted in affected parties taking major stands in opposition.

Money laundering concerns officials in Canada April 14, 2014 by Ray Poirier

Officials have been emphasizing the need to scrutinize gambling activities in Macau to be sure money laundering is not taking place. Such concern has been on top of the agenda in Canada, where some feel, money laundering has been increasing.

Moguls discuss Sands Bethlehem casino sale April 14, 2014 by Ray Poirier

Talk is said to be cheap but in the case of the Sands Bethlehem in Pennsylvania, conversations relative to the sale of the $800 million hotel/casino constructed and operated by Las Vegas Sands Corp. could be expensive.

Powerbucks jackpot linking Nev. and N.J. casinos April 14, 2014 by Ray Poirier

International Game Technology (IGT) is becoming multi-jurisdictional with its Wide Area Progressive jackpot link. The company announced that its Powerbucks will be available to Boyd Gaming and Caesars Ent. casinos in Nevada and in New Jersey. 

Standard and Poor downgrades rating for CZR April 14, 2014 by Ray Poirier

Standard & Poor’s Ratings Services lowered its rating for Caesars Entertainment Corp. and said that it is more likely that the country’s largest casino operator will need to undergo a restructuring.

Everett, Mass. land owner refusing to sign pledge April 14, 2014 by Ray Poirier

One of the owners of land in Everett, Massachusetts, on which Steve Wynn wants to build a $1.4 billion casino entertainment complex, is refusing to sign a promise that “no secret owners” would profit from the deal.

Casino license delay could prove costly for Boston April 14, 2014 by Ray Poirier

A delay in issuing a casino license for the Boston, Massachusetts, area could have a short-term impact on the Commonwealth’s finances. The state’s budget for the fiscal year ending on June 30 anticipated $195 million in casino-related licensing fees. 

N.Y. casino license applications require $1M fee April 14, 2014 by Ray Poirier

In its announcement that applications for the four upstate New York casino licenses are being entertained, the N.Y. Gaming Commission advised that each application would require a fee of $1 million.

Officials find use for confiscated Internet Cafe computers April 14, 2014 by Ray Poirier

During its months of struggling against Internet Cafes in Ohio, police confiscated hundreds of computers used in what was later determined to be illegal gambling. Now, the public officials have found a use for the computers.

Siri's Casino opens in Reno April 14, 2014 by Ray Poirier

A new casino has opened in downtown Reno, for the first time since 1995. Last Friday, Siri’s Casino opened its doors at the site of the old Primadonna Club, across from Harrah’s Reno.

Newport Grand slots parlor eyed for purchase April 14, 2014 by Ray Poirier

The struggling Newport Grand slots parlor in Newport, Rhode Island, reportedly is being eyed for possible purchase by an investment group that includes former Providence Mayor Joe Paolino.

Maine plans major study of gambling operations April 14, 2014 by Ray Poirier

Maine’s Indian tribes haven’t fared well lately. Three bills that would have allowed tribal casinos have been killed. Instead, the state plans a major study of the state’s gambling operations with advice on how to proceed in the future.

New Hampshire Motor Speedway seeks casino license April 14, 2014 by Ray Poirier

There is a new player seeking a New Hampshire casino license. The operators of the New Hampshire Motor Speedway have thrown in their bid to be considered for a license. 

GPN announces renewed, expanded CZR relationship April 14, 2014 by Ray Poirier

Atlanta-based Global Payments Inc. (GPN), a recognized leader in providing payment solutions to the gaming industry, has announced a renewed, but expanded, relationship with Caesars Entertainment Corp. (CZR).

Casino Industry

Money laundering concern officials in CanadaGAMBLING ACTIVITIES

Money laundering concern officials in Canada

Recently, Chinese officials have been emphasizing the need to scrutinize gambling activities in Macau to be sure money laundering is not taking place. This has prompted the various Macau casino operators to increase their vigilance regarding the illegal activity.

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