Casino Insider

Jun 17, 2013 7:00 PM

The Rational Group, parent of PokerStars, says it plans to appeal a judge’s ruling that said it had no right to continue with the purchase of The Atlantic Club Casino in Atlantic City. The $15 million purchase agreement was terminated when the U.K.-based company failed to meet a contract-stated deadline regarding approval from state authorities.

International Game Technology (IGT) announced Monday it had entered an agreement with Loto Quebec that will permit the Canadian lottery to offer its casino games.

Bally Technologies Inc. (BYI) said Monday it will launch its online gaming products in the European market through iSoftbet, an online casino software provider.

The North Carolina House Judiciary Committee has approved a bill that would allow non-profit groups to host fundraisers in the style of a Las Vegas casino. The fundraisers could offer poker, craps and other casino games under the legislation.

The tax department in Guam has renewed licenses for more than 200 gambling machines despite an ongoing fight over whether the devices are legal. The one-year licenses were renewed even though Attorney General Leonardo Rapadas has argued that the machines are gambling devices prohibited by law.

Plainridge Racecourse in Massachusetts says Silverton Casino, LLC of Las Vegas, has joined it in its gaming license application as a design and operational consultant. Plainridge is seeking the one and only slots license authorized under the recent gambling expansion law.

Tourism in Las Vegas during the month of April was recorded by the Las Vegas Convention and Visitors Authority as 3.34 million, an increase of 0.5 percent from the same month in 2012.

Dubai World, co-owner with MGM Resorts International (MGM) of CityCenter and also holder of a 5.7 stake in MGM, reportedly is looking to sell off some of its global holdings in order to meet debt obligations coming due in 2015 and 2018.

Caesars Entertainment Corp. (CZR), through its Caesars Interactive Entertainment subsidiary, has increased its presence in social and mobile gambling with the acquisition of the World Series of Poker app available for iOS and Android devices from Electronic Arts.

A proposed $21 million city-issued bond, to be offered by Biloxi, Mississippi, to build a minor league baseball stadium, is being opposed by the STEOPS Coalition and by Biloxi NAACP. The groups have called for an election on the matter that could delay the project by as much as 90 days.

The name of the Evansville, Indiana, riverboat has been changed from Casino Aztar to Tropicana Evansville. The boat is now owned and operated by Tropicana Entertainment.

Approval is expected this week from the Hot Springs (Arkansas) Planning Commission for a 58,000 square-foot expansion of Oaklawn Park’s gaming area. The project was to accommodate the additional business being generated by the Instant Racing machines, the track spokesman said.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

 GamingToday on Facebook      and         GamingToday on Twitter