Gambling revenues tumbled in Mississippi’s river region in the first month after Harrah’s Tunica Hotel & Casino closed, but the trend didn’t worsen much. Meanwhile, Gulf Coast casinos posted their best June in years.
SugarHouse Casino has broken ground on a long-delayed $164 million expansion of its property in lower north Philadelphia’s Fishtown neighborhood. The expansion is focused on enhancing the casino’s non-gambling offerings.
Biloxi’s Margaritaville Casino & Restaurant will waste away by mid-September, with the casino saying it can’t raise more money because the landlord won’t renegotiate the lease. The casino announced that it will close on or before Sept. 19.
Gaming Insider | Potential buyers for Atlantic City's Revel other than Icahn could be Caesars, Golden Nugget owner Tilman Fertitta and perhaps the Hard Rock brand owned by Florida’s Seminole Indians.
Cheaper to operate than the larger horse tracks, greyhound facilities were encouraged to extend their race meets to generate more tax dollars through their pari-mutuel wagering systems. But, that was before the spread of casino gambling.
Online gaming is growing at “explosive levels,” say officials of the European Union. Last week, EU officials called for tighter rules to regulate online gambling to offer more protection for minors and to better oversee a fragmented market.
Tourism officials in northern Nevada are reporting seeing “significant” increases in convention bookings that they have identified as “some very positive momentum.”
Las Vegas Sands has temporarily stopped construction on the Parisian, the Macau resort on the Cotai Strip that has been targeted to open in the second half of 2015, pending certain approvals.
Among the gaming companies that have announced dates and times for their quarterly financial results are Dover Downs Resorts & Entertainment, International Game Technology, Churchill Downs Inc., and MGM Resorts International.
Expressing pessimism about the prospects for Internet gambling in New Jersey, Fitch Ratings has cut its already-conservative estimate on the state’s online winnings by more than half.
Having failed to get an online gaming license in New Jersey, Churchill Downs Inc. (CHDN) reportedly is working on developing an Internet gambling platform at its headquarters in Louisville, Kentucky.
Shareholders of MTR Gaming Group Inc. (MNTG) have approved the sale of the company to Eldorado Resorts LLC of Reno, Nevada. The owners of the company’s outstanding stock approved the merger with the company that is headed by Gary Carano.
The Iipay Nation of Santa Ysabel has scrapped its casino in North County, California, and will concentrate on operating an online poker site. But, is it legal?
Since MGM Resorts International (MGM) will get the first of three casino licenses in Massachusetts for a gambling complex in the City of Springfield, a group that opposes casino gambling has begun targeting that city for voter support in November.
There is another battle brewing over an item to be decided by the voters in November. This one involves Instant Racing machines that offer pre-run races on which people can bet.
Gaming means jobs and the City of Detroit, Michigan is a perfect example. The city’s three commercial casinos employed 7,633 permanent workers and paid its employees $401 million in wages, benefits and tips in 2013.
A building plan for a $925 million MGM casino and hotel near the nation’s capital has been approved by local officials in Maryland. A Prince George’s County panel meeting in Upper Marlboro voted 8-1 for the plan at National Harbor Monday.
DOG RACING DYING
During the 1960’s and 70’s, greyhound racing flourished in many states throughout the country. But, that was before the spread of casino gambling. Now, casinos are feeling the impact of over-abundance while most dog tracks have been shuttered.