Casino Insider

May 23, 2011 7:30 PM

The New Jersey Division of Gaming Enforcement reports for the first quarter of 2011 the state’s 11 casinos reported a gross operating profit of $98 million, down 13.8 percent from the $113.7 million reports in 2010.

Global Gaming LLC, a division of the Chicasaw Nation of Oklahoma, has finalized the purchase of Lone Star Park racetrack in Grand Prairie, Texas, for $47.8 million.

Penn National Gaming Inc. (PENN) has received the approval of Franklin County to build a casino in Columbus, Ohio.

Gold Strike Casino Resort in Tunica, Mississippi, which was closed because of the Mississippi floods, has re-opened, according to its owner MGM Resorts International.

American Wagering Inc. (BETM) says it has built a new sports book at the Siena Hotel, Spa & Casino in downtown Reno, Nevada.

Louisiana casinos won $202.5 million during the month of April, a 1 percent increase over the same month last year.

Newly-elected Chicago mayor Rahm Emanuel wants the state legislature to authorize a casino in his city that would be owned by the city. He cites the support of former Mayor Richard Daley, Gov. Pat Quinn and Senate President John Cullerton.

Maryland gaming officials say that the tax revenue generated by the casino at Ocean Downs will be used to pay police and do road repairs.

Mixed results for the month of April were reported by the two tribal casinos in Connecticut. Mohegan Sun said its revenue declined by 3 percent while Foxwoods Resort reported an increase of 9 percent.

Casinos in Colorado reported revenues of $64 million, an increase of 1.9 percent over the same month last year.

Full House Resorts Inc. (FLL) has entered into a three-year consulting agreement with the Pueblo of Pojoaque tribe of New Mexico.