Casino Insider

Apr 8, 2013 6:30 PM

Nevada lawmakers are considering a bill that would ban sports betting kiosks in restricted gambling facilities, those locations that have fewer than 15 gambling devices.

The Kansas Senate has rejected a bill that would have authorized a casino to be licensed in southeast Kansas.

Ameristar Casinos Inc. (ASCA) says it has successfully completed the consent solicitation relating to its 7.5% Senior Notes due in 2021.

Moody’s Investors Service has downgraded the ratings on Caesars Entertainment Corp. (CZR) due to “negative gambling trends.”

International Game Technology (IGT) will host a second quarter conference call and webcast on Thursday, April 25 at 2 p.m. PDT.

In a lawsuit currently underway that pits a Macau middleman against Las Vegas Sands Corp. (LVS), Chairman Sheldon Adelson has denied he authorized an agreement made by an associate that would have given litigant Richard Suen a finder’s fee. Also there were reports on Monday that Chinese officials wanted all to understand that the awarding of casino licenses was strictly a Macau decision and that it did not involve Beijing.

As the end of a five-year workers’ agreement nears, Culinary Workers Union Local 226 and Bartenders Local 165 are negotiating a new contract with MGM Resorts International (MGM) and Caesars Entertainment Corp. (CZR).

Pinnacle Entertainment Inc. (PNK) has named Chris Corrado as vice president and general manager of Retama Park Racetrack in Selma, Texas.

Pennsylvania’s 11 casinos generated $229.3 million in gross slots revenue during the month of March, down about 1.6 percent from the previous year.

The Maryland Lottery and Gaming Control Agency says its three gambling operations took in $58 million during the month of March. Of the total, Maryland Live Casino in Anne Arundel Country accounted for $44.6 million.

TheStreet Ratings service has reduced its rating of Full House Inc. (FLL) shares to hold from buy.

Horseshoe Casino Cleveland – Ohio’s first casino – has announced the need for 60 additional dealers and 30 supervisors. The property is managed by co-owner Caesars Entertainment Corp. (CZR).

PokerTek Inc. (PTEK) has renewed its contract with Carnival Corporation for an additional five years.

The West Virginia Senate has approved a bill that would authorize the construction of the state’s sixth casino in Franklin, near the Virginia border.

The Soaring Eagle Casino in Mount Pleasant, Michigan, has unveiled a “free gaming” website that it said was being operated for “marketing and fun.”

A casino smoking ban has been rejected by the Kansas Senate.

Osi Imomoh has been appointed president and general manager of the Wheeling Island Hotel-Casino-Racetrack by Delaware North of Buffalo, N.Y.

Efforts by the Eastern Pequots for federal recognition have been rejected by a federal judge.

Galaxy Entertainment Group Ltd. said its net income for 2012 rose to $953 million, more than double the amount reported in the previous year.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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