Casino Industry Insider news bites - 09-01-2009

Sep 1, 2009 5:00 PM
Industry Insider by Ray Poirier |

Looking to reverse the recent trend that has seen lottery revenues fall by $43 million, Oregon officials have decided to invest $30 million for 2,100 new machines. "New games…that’s what players want," said one lottery official.

A federal bankruptcy judge in New Jersey has ruled that bondholders can compete with Donald Trump in bidding for the three bankrupt casinos owned by Trump Entertainment Resorts Inc.

Mountaineer Casino, Racetrack and Resort in West Virginia, a facility owned by MTR Gaming Group Inc. (MNTG), has announced a layoff of 35 workers.

Laurel Racing Associations Inc. is petitioning Maryland officials to dump previous slots allocations and start the process from scratch.

Illinois lawmakers have approved Internet wagering on horse racing. Emergency rules are currently being drafted to "get it up and running" as soon as possible.

Dr. Joseph H. Sugerman of Los Angeles, California, has joined the board of directors of MGM MIRAGE Inc. (MGM).

Boyd Gaming Corp. (BYD) announced the resignation of Jeffrey G. Santoro as senior vice president and controller.

NV Energy Inc. has announced the appointment of Rob Stillwell as head of corporate communications, replacing Jack Leone who has retired. Stillwell formerly was with Boyd Gaming Corp.

Question? Comment? E-mail me at: Ray Poirier