Casino Insider

Aug 27, 2012 9:00 PM

The owners of Suffolk Downs, looking to win one of two casino licenses to be granted by the Commonwealth of Massachusetts, has been meeting with officials from Revere and East Boston to describe plans for a $40 million improvement in the area’s roadways.

Grand Sierra Resort and Casino in Reno, Nev., held a “Grand Celebration” over the weekend to introduce local residents to the $25 million in renovations that have upgraded the facility.

A recent survey showed 45 percent of the residents of New Jersey favor the state authorizing sports betting while 38 percent oppose the plan.

International Game Technology (IGT) has announced a quarterly cash dividend of $0.06 per share to be paid on Oct. 5 to shareholders of record on Sept. 20.

Wynn Resorts Ltd. (WYNN) will hold its annual meeting of stockholders on Nov. 2.

A decision by the Rhode Island Supreme Court has cleared the way for a referendum in November that will expand gambling in that state.

The decision to increase the betting limits in Deadwood, S.D., has been a bonanza for gaming operators. Local news indicated revenues have increased by 20 percent since the state law was changed on July 1.

Two groups have asked the Maryland State Board of Contract Appeals to re-open the bidding for a slots license in Baltimore. The license was granted to Caesars Entertainment Corp. (CZR).

Retired Air Force General Paul A. Harvey, who oversaw the development of the gaming industry in Mississippi during the early 90’s, died last week. He was 75.

Gambling revenues in Mississippi fell 3.3 percent to $203.6 million in July when compared to last year.

Penn National Gaming Inc. (PENN) has rejected the latest offer from its non-profit partner that holds the gambling license for the Iowa riverboat location.

Bally Technologies Inc. (BYI) says it has created and installed an Apple and Android mobile application for Red Hawk Casino in Placerville, Calif.

Investor Kazuo Okada has been ordered to be in Las Vegas on Sept. 18 for a deposition by Wynn Resorts Ltd. (WYNN) lawyers relative to his lawsuit seeking access to the company’s books.

Chief Sachem of the Narragansett Indian Tribe met last week with Rhode Island Gov. Lincoln Chafee to explore ways the tribe could benefit from the expanded gambling proposal.

Pennsylvania Gov. Tom Corbett has appointed Annmarie Kaiser, his first secretary for legislative affairs, as a member of the state’s Gaming Control Board.

Nearly 1,350 people have applied for jobs at the downtown Cincinnati, Ohio, casino that is being constructed by Caesars Entertainment Corp. and its Ohio partner.

A Reno, Nev., group has been working on a documentary that will feature the former Harolds Club casinos and its original owners, Harold, Raymond and “Pappy” Smith.

The Mashpee Wampanoag Tribe has presented a $1.5 million check to the City of Taunton, Mass., as the first payment toward the licensing of a tribal casino.

Scientific Games Corporation (SGMS) has received a six-year contract to supply the Texas Lottery Commission with instant ticket games and related services.

A gaming analyst for Imperial Capital has raised his rating on Las Vegas Sands Corp. (LVS) to “outperform” from “in-line.”

Isle of Capri Casinos Inc. (ISLE) will report its financial results for the first quarter of fiscal year 2013 on Wednesday, Aug. 29, at 8 a.m. (PDT).