Las Vegas casino execs roll dice in Tally; pitch idea of 6 resorts in Florida
(FLORIDA) -- Multibillion-dollar hotel resorts with casino gambling, celebrity chefs and luxury shopping. It could all come to Florida — if the state wants to cash in on its image as a sun-soaked haven for tourists and authorize sprawling, Vegas-style casino resorts, gambling executives told lawmakers Thursday.
MGM Mirage to Sell Borgata Stake
(ATLANTIC CITY) -- MGM Mirage said Friday that it had reached an agreement with the state of New Jersey's Division of Gaming Enforcement to place its 50% stake in Atlantic City's Borgata Hotel Casino & Spa in a divestiture trust after the state found problems with its partner in Macau.
MGM Mirage, NJ agree on sale of half of Borgata
(ATLANTIC CITY) -- MGM Mirage said Friday it will sell its 50 percent interest in Atlantic City's top casino and stop doing business in New Jersey rather than cut ties with the family of an Asian casino mogul accused of organized crime ties.
Selling gambling in Florida
(FLORIDA) -- Rolling the dice against phenomenally high odds, Las Vegas developers made a legislative pitch Thursday for a plan that could eventually bring as many as eight mega-casinos to Florida.
MGM Mirage to sell its stake in Atlantic City’s Borgata
(ATLANTIC CITY) -- MGM Mirage today said it entered into a settlement agreement with the New Jersey Division of Gaming Enforcement under which it will sell its 50 percent stake in the Borgata Hotel Casino & Spa and related leased land in Atlantic City.
Sands sets tentative July 1 date for table games
(PENNSYLVANIA) -- With the hope of having gamblers rolling the dice in Bethlehem as early as July 1, the Pennsylvania Gaming Control Board convened a hearing this morning to review Sands Casino Resort's application for table games.
St. Louis casino revenue flat in February
(MISSOURI) -- Revenue at the six casinos in the St. Louis area slid slightly — 0.2 percent — in February. The casinos’ revenue totaled $88.1 million in February, compared with $88.3 million in February 2008, according to data released Wednesday from the Missouri Gaming Commission and the Illinois Gaming Board.
Asians targeted for gambling at Rosecroft
(MARYLAND) -- Maryland's Asian population would generate about one-quarter of the $245 million in local, first-year revenues from proposed casino games at Rosecroft Raceway, according to a consulting firm.
Betting on downside in Las Vegas Sands
(WALL STREET) -- Las Vegas Sands (NYSE: LVS) shares zoomed almost 5% higher in Wednesday’s trading, hitting a new six-month high intraday and closing the session at $19.73. Catalyzing this upside was news that Nevada gaming revenue slipped 3.2% in January on a year-over-year basis.
Shuffle Master Q1 misses Street, shares fall
(WALL STREET) -- Casino-game maker Shuffle Master Inc (SHFL.O) posted quarterly results below market estimates, hurt by lower sales of its owned table game products, sending its shares down 5 percent.
5 Palmer residents selected to serve on casino negotiations board
(MASSACHUSETTS) -- Town Manager Matthew S. Streeter has picked five residents to serve on a committee that will assist him with any potential negotiations with a casino operator, and they include a former town councilor, former town planner, and the Palmer Water District No. 1 superintendent.
CasiNotes: New Trop ownership signals more showbiz than gambling
(ATLANTIC CITY) -- THIS WEEK'S official takeover of Tropicana Casino and Resort by billionaire Carl Icahn appears to be yet another signal that Atlantic City is in the process of transitioning from a gambling destination that happens to offer big-time entertainment to a big-time entertainment destination that happens to offer gambling.
Las Vegas Sands makes bid for casino resorts in Florida
(FLORIDA) -- Is cash-strapped Florida ready to roll the dice on Las Vegas-style gambling resorts? With a gaming agreement between the state and the Seminole Tribe still under negotiation, a House committee is exploring another option: full-scale "integrated destination" resort casinos like those in Las Vegas, Atlantic City and Biloxi, Miss.
Pinnacle to close the President by July 1
(MISSOURI) -- After a long battle to keep open the President Casino in St. Louis, Pinnacle Entertainment changed course on Wednesday and agreed to close the aging gambling boat by July 1.
Pinnacle Surrenders President License
(MISSOURI) -- A clumsy disciplinary effort to shutter the underperforming President Casino in St. Louis has unexpectedly succeeded - marking the first time a US casino has been forced to close by a regulator because it failed to make enough money.
A casino 14 miles from the White House?
(MARYLAND) -- Prince George's County would be the first area in Maryland to offer casino games such as blackjack, poker and baccarat, under legislation being pushed by the state Senate president.
Sands Casino Resort Bethlehem hopes to debut table games July 1
(PENNSYLVANIA) -- Sands Casino Resort Bethlehem hopes to debut table games by July 1, but state officials don't think that's likely.Sands Casino Resort Bethlehem hopes to debut its table games July 1, but the chairman of the state’s gaming control board said this morning that such an early opening date is unlikely.
Las Vegas casino execs make pitch to open up to 6 resorts in Florida
(FLORIDA) -- Multibillion-dollar hotel resorts with casino gambling, celebrity chefs and luxury shopping. It could all come to Florida — if the state wants to cash in on its image as a sun-soaked haven for tourists and authorize sprawling, Vegas-style casino resorts, gambling executives told lawmakers Thursday.
OP/ED: An ever-expanding gambling proposal
(NEW HAMPSHIRE) -- Sens. Lou D'Allesandro and Kathleen Sgambati and the other sponsors of a bill to bring casino gambling to New Hampshire are taking the "free beer for everybody" approach to lawmaking.
Shuffle Master reverses net loss
(LAS VEGAS) -- Gaming equipment provider Shuffle Master reversed a quarterly net loss from a year ago but disappointed analysts who expected stronger profits.
Nevada gaming revenue down 3.2 percent in January
(NEVADA) -- Let's not throw in the towel quite yet. January's 3.2 percent decline in state gaming revenues may not be showing a clear picture of how Nevada's casino industry is performing following two straight years of sinking results.
Arundel Slots To Be Decided Through Referendum
(MARYLAND) -- The question of whether or not to allow slot machine gambling at Arundel Mills Mall will be decided by the voters. The Anne Arundel County Board of Elections has certified more than 19,000 signatures on a petition, meaning in November, county voters will decide through referendum whether to allow zoning approval for slots at the mall.
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