Casino Industry Insider news bites - 06-09-09

Jun 9, 2009 5:02 PM
The Insider by Ray Poirier |

Hollywood Park is just one vote – from the Inglewood, California, City Council – away from demolition. Owners of the troubled horse track plan a 238-acre development called Hollywood Park Tomorrow.

International Game Technology (IGT) has named Chris Satchell as chief technology officer of the company. Satchell previously spent 17 years with Microsoft.

For the fifth straight month, Hollywood Slots in Bangor, Maine, owned by Penn National Gaming Inc. (PENN), showed an increase in its slots revenue. In May, the property reported $64 million in gross revenue.

Nevada casinos won $859.4 million in April, a decrease of 14.4 percent from last year’s $1 billion.

For the first time since his election four years ago, New Jersey Gov. Jon Corzine says the congressional ban on sports betting is unfair. Now that nearby Delaware plans to introduce sports wagering, Corzine says he favors sports betting for New Jersey.