Casino Insider

Jul 29, 2013 7:00 PM

Officials of the Poarch Band of Creek Indians say the tribe’s $246 million casino being built in Wind Creek Wetumpka, Alabama, is on schedule and will open in early 2014.

Genting, the Malaysian company that has gambling operations in the U.S. and in several other countries, says it will spend $937 million over the next five years in upgrading its casino in Malaysia.

Turning Stone Resort Casino in upstate New York, a property operated by the Oneida Nation, has opened its “Exit 33,” a $25 million expansion project that has become a “destination in itself.” It houses three venues called “Tin Rooster,” Turquoise Tiger,” and “The Gig.”

Las Vegas Sands Corp. (LVS) has officially registered its plans to build a sprawling resort known as Eurovegas outside the city of Madrid, Spain. The development will include up to six casinos, 12 hotels and a multitude of retail shops.

The Nevada Gaming Commission has approved the REIT plans submitted by Penn National Gaming Inc. (PENN) and the spin-off arrangement being planned by Caesars Entertainment Corp. (CZR).

Also, the Commission gave final approval for the nation’s first online poker operation, Ultimate Gaming.

The Passamaquoddy tribe of Maine has again announced plans to attempt to bring a combined racetrack and casino to eastern Maine. A previous attempt failed.

The West Virginia Lottery Commission reported revenues of $1.33 billion for the fiscal year that ended on June 30, a decline from the previous year’s $1.45 billion.

June gambling revenues in Deadwood, South Dakota, were slightly higher this year at $95.6 million compared to last year’s $94.3 million.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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