Casino Insider

Nov 12, 2012 6:41 PM

Penn National Gaming Inc. (PENN) has issued a statement emphasizing that despite rumors to the contrary the company is “not a party to an independent civic group’s constitutional challenge” to the recent Maryland vote expanding gambling.

Although gambling expansion was approved by voters in both Maryland and Rhode Island, it was rejected by the voters in Oregon.

The Oneida Nation has started work on a new $25 million entertainment complex at its casino in upstate New York.

Kentucky’s anti-gambling forces were heartened by results of the recent election. They noted that a “handful” of legislative incumbents who had voted for recent casino or slots bills, were ousted.

Three groups have been identified as seeking a license for a land-based casino in the Sioux City, Iowa, area. They are Penn National Gaming, Ho-Chunk Inc., and Sioux City Entertainment.

California legislators are being asked to approve “off-reservation” casino licenses for two impoverished Indian tribes…the North Fork Rancheria of Mono Indians near Oakhurst and the Enterprise Rancheria of Maidu Indians near Oroville.

The Meadows Racetrack & Casino in Washington, Pennsylvania, a property owned by Las Vegas casino executives Bill Wortman and Bill Paulos, has begun a $2.5 million upgrade of its facilities.

MGM Resorts International, Z4Poker LLC of Las Vegas and Cams LLC of Los Angeles, California, are expected to be approved for online gaming licenses by Nevada regulators this week.

Chicago developer Neil Bluhm reportedly has entered the competition for a casino license in Massachusetts.

And, the mayor of Everett, Massachusetts, says he has had preliminary talks with representatives of Hard Rock International about building a casino in his city.

Two Northeast Indian tribes have re-elected their leaders. The Seneca Nation of Indians in New York have re-elected for the fifth time Barry Snyder, Sr., as its president and the Mashantucket Pequot Tribe of Connecticut has re-elected Rodney Butler for a second term as chairman.

Ameristar Casinos Inc. (ASCA) has declared a $0.125 per share dividend to be paid on Dec. 14 to shareholders of record on Nov. 30. 

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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