Casino News - Page 8

Foxwoods Resort Casino Reporting April Slot Revenue GainsFoxwoods Resort Casino and MGM Grand at Foxwoods today reported to the Connecticut State Division of Special Revenue that the property took in a net gain of $57.5 million in slot machine gaming revenue.

Mother's Day Much Sweeter for Lucky Thunder Valley WinnerRuth Taylor’s Mother’s Day became a whole bunch sweeter when she became the second person to ‘win it big’ in Thunder Valley Casino’s Dodge Challenger Challenge.

ESPN Shuffles World Series of Poker Television CoverageEven though last year's coverage of the final table for the main event earned a sports Emmy nomination for the network's production team, ESPN is going to make some changes for this year's 40th anniversary celebration of the poker world's greatest spectacle.

Maryland Slot Revenue Jeopardized as Delaware Expands GamblingDelaware could soon offer gamblers table games and sports betting in addition to slots and horse racing - a move some Maryland leaders said could jeopardize revenues Maryland was hoping to generate from its slots-only parlors.

Ohio Poll Shows 60 Percent in Favor of Legal Casino GamblingA new Ohio Poll shows that 73 percent of Ohioans favor allowing medicinal marijuana, and 60 percent favor making casino gambling legal. Nearly that many, 58 percent, would approve of a casino in a large city nearby.

Casino Jobs in Malta in LimboGovernment's unexplained decision to issue a late call for expressions of interest for operators to take over the Dragonara Casino, has seriously compromised the fate of 220 employees who lay in a limbo as to what is going to happen to them once their current employers', Accor-Barrier, concession expires in just a month.

Texas Folds on Expanding Legal Poker RoomsLawmakers have folded on their last chance this year to expand gambling in Texas, saying neither a budget crunch nor growing public interest can overcome staunch conservative opposition.

"What Happens in Vegas, Stays in Vegas" Makes a Come Back"Las Vegas has gone back to marketing itself as a place that will keep your secrets. After a year of flirting with tourism pitches that directly addressed the recession, the entertainment mecca is resurrecting its successful "What Happens Here Stays Here" campaign, which started in 2003.

Many States Looking to Gaming Expansion to Increase RevenueWith their own revenues in a freefall, some states are looking to tap into the popularity of March Madness and Super Bowl pools by legalizing sports betting to snag a cut of the billions of dollars in play.

Nevada Gold Aquires Three Washington CasinosNevada Gold & Casinos, Inc. has completed its previously announced acquisition of three casinos in the state of Washington. The casinos are The Crazy Moose Casino, located in Pasco, Coyote Bob's Roadhouse Casino, located in Kennewick, and the Crazy Moose Casino, located in Mountlake Terrace in close proximity to Seattle.

MGM to Sell Stocks and Bonds for Debt PaymentsMGM Mirage (MGM) unveiled Wednesday plans to sell $2.5 billion in stock and notes with some of the proceeds being used to buyback about $1 billion in debt maturing later this year.

Lawsuit Dropped by Station Casino's Bondholder bondholder challenging Station Casinos Inc.'s plan for a prepackaged bankruptcy filing and debt exchange has dropped his lawsuit against the Las Vegas company, its board of directors and its key executives.

Atlantic City Faces Formidable Competition out of PennsylvaniaAs Pennsylvania's gambling market expands, analysts say Atlantic City's casinos haven't hit bottom yet.

WSOP and Rio Host Africa Celebrity-Charity Poker TournamentHow often do you get to rub elbows – literally – with some of the biggest names in Hollywood and in sports and do it in front of a national television audience on ESPN? The 2009 Ante Up For Africa Celebrity-Charity Poker Tournament on Thursday, July 2 at the Rio All-Suite Hotel & Casino in Las Vegas gives you this special opportunity as the only event of its kind where the general public can participate.

Las Vegas Lay-offs Effecting Local EconomyMany Las Vegas gaming companies have laid off workers or reduced hours to trim their operating budgets.

Las Vegas Room Rates Begin to ReboundThe Strip's largest casino operator last week reported an uptick in room bookings and fewer convention cancellations. MGM Mirage executives said demand for the company's hotel rooms is high enough to warrant an increase in room rates, which have plummeted during the downturn.

Mississippi Governor Haley Barbour Looks to Surpass Atlantic CityMississippi is the third-largest casino market in the country and Gov. Haley Barbour has his eye on surpassing Atlantic City to become No. 2.

Russian President Firm on Reginal Zoning of All GamblingUsing uncharacteristically stern language, President Dmitry Medvedev told Federal Tax Service chief Mikhail Mokretsov last week that he would tolerate no delays in moving all gambling to special regional zones within two months.

FireKeepers Casino on Schedule for 2009 Summer OpeningAfter a year of construction and $300 Million invested, the FireKeepers casino in Battle Creek, MI is ready to open this summer and make an economic impact on Michigan.

New World Series of Poker Rules Could Hold Back HellmuthThe World Series of Poker's first high-stakes event starts on May 28. Which means we're just 18 days away from Phil Hellmuth's first temper tantrum of the tournament. A new discipline system, however, could render his next outburst his last.

Delaware Legislature Approves Sports Gambling BillThe Delaware legislature took the first step toward establishing sports gambling in the state, approving a bill early Friday morning that was opposed by every major sports league in the USA along with the NCAA.

Wisconsin Casino Pays out 77 Jackpots in 3 DaysSeventy-seven very lucky guests won an astonishing total of $269,000 in jackpots during an impressive winning streak from April 23 to the 26 at Lake of the Torches Resort Casino in Lac du Flambeau, Wisconsin.

Nevada Economy Seeing Signs of Stabilityyou're looking for some positive news within March's 11.6 percent decline in Nevada gaming revenues, we have some. The drop was the 15th straight month gaming revenues have tumbled in Nevada and the sixth consecutive month of double-digit declines. However, the percentage drop was the lowest during the past six months and the smallest monthly percentage decrease since September, when revenues fell 5.4 percent

Florida Finally Comes to Gambling AgreementIn a dramatic end to one of the toughest negotiations of the legislative session, House and Senate leaders agreed to a gambling compromise late Wednesday that allows the Seminole Tribe to keep the games they are are playing and helps its competitors better compete against them.

Stratosphere Las Vegas Offering Free Tower Admision on Mother's DayThe Stratosphere Casino Hotel and Tower will offer free admission to the Stratosphere Tower to mothers on Mothers’ Day, Sunday, May 10 with the purchase of one or more full price general admission tower tickets.