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Industry News Archive Page 1

- Detroit - Detroit casinos flourishing in tough times
Posted: 2009/11/19
Detroit has shed jobs, many residents and too much of its car industry. But its casino business is doing very, very well.
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- - Congress may legalize Internet casinos to pay for health care reform
Posted: 2009/11/19
A year after taking political power in Washington D.C., the Democrats have finally figured out a how to end the pay on online gambling. Legalize it and tax it to pay for their pet project -- government-run health care.
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- jobs - Promise of New Jobs Attracts Support for Ohio Gambling
Posted: 2009/11/10
The promise of new jobs is raising interest in passing a plan to expand gambling in Ohio.
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- Chicago - Chicago wants to launch new downtown casino
Posted: 2009/11/10
Chicago Mayor Daley and the City Council may have finally found the "next big revenue source" to finance city government -- casino gambling.
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- Horse racing - Petition to allow gambling at horse-racing tracks in Michigan approved
Posted: 2009/11/05
A petition drive to allow gambling at horse-racing tracks in Michigan this week won approval from a state elections panel.
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- horse racing - Online Horse Racing Comes to Midwest
Posted: 2009/11/05
Gamers can now play the ponies without leaving home in the Midwest. The Illinois Racing Board passed a new resolution yesterday, giving three companies leave to host online horse race betting.
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- Massachusetts - Senator: Massachusetts Casinos ‘Inevitable’
Posted: 2009/10/28
 Massachusetts Senate President Therese Murray says it is "inevitable” that casinos will open in the state soon.
"We’re seeing hundreds of millions of dollars spent by our residents going to Connecticut and Rhode Island," Murray said. "So I think it definitely is inevitable."
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- Russia gambling - Online Gambling Growing in Russia
Industry News.
Posted: 2009/10/27
Russian government officials said there is a rise of "surrogate" gambling technologies, such as lottery machines and Internet gambling, three months after some restrictions were imposed on the industry. 
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- West Virginia - New Casino Ready To Open in West Va.
Posted: 2009/10/13
A new casino at The Greenbrier resort is slated to open this week in West Va. The casino will feature “three-card poker, and memorabilia of former NBA star Jerry West.
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- North Dakota - New study promotes electronic gambling for North Dakota
Posted: 2009/10/08
A new report is giving North Dakota non-profits the opportunity to persuade politicians they should be allowed to engage in electronic gambling.
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- - China relaxes visa rules, increases flow of tourists to Macau
Industry News.
Posted: 2009/10/05
China has eased restrictions on its citizens traveling to Macau, sending casino stocks soaring today as industry executives bet on record October earnings in the world's fastest-growing gambling market.
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- voters - Poll shows Ohio voters support expanded gambling
Posted: 2009/09/29
Voters are enthusiastically embracing Ohio Gov. Ted Strickland's latest casino expansion plan, according to a new Quinnipiac poll.
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- revenues - August revenues soar at Kansas City, St. Louis casinos
Posted: 2009/09/29
Kansas City’s casinos reported a good month, topping $61 million in revenue. Many leading casinos, including The Argosy and Isle of Capri, even took in more revenue last month than they did a year ago.
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- revenues - Arkansas Race Track Reports Revenues Jump 65 Percent
Posted: 2009/09/02
A horse racing track in Hot Springs, Arkansas – hometown of former President Bill Clinton -- is reporting a 65 percent jump in revenues from wagers on video poker, blackjack and other electronic games.
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- New Hampshire - New Hampshire Moving Forward With Expanded Gambling Plans
Posted: 2009/08/25
New Hampshire Gov. John Lynch said this week that he had appointed 14 appointed members of the Gambling Study Commission, which he created through an executive order in July, and has charged them with reviewing various ways of expanding gaming in New Hampshire.
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- revenue - Missouri casinos report four percent revenue growth for the quarter
Industry News.
Posted: 2009/08/21
The Kansas City casino market took in nearly $61.47 million in July, as gamblers continued to increase the amount of money they spend, individually, on each casino visit. 
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- casino - New Baltimore casino revenues set to grow
Posted: 2009/08/19
A renovated Baltimore casino on downtown Russell Street is, experts say, poised to boost its project's profits, and infuse new momentum into the state's slots program.
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- Macau - As prosperity returns, Macau casino operator plans share offering
Industry News.
Posted: 2009/08/18
As the fortunes of casino operators show signs of rebounding after a poor start in June, a leading Macau casino proprietor Melco Crown Entertainment Ltd. is moving forward with big plans to raise up to $220 million by issuing American Depositary Receipts (ADRs).
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- OHIO - GOP Endorses Expanded Gambling in Ohio
Posted: 2009/08/05
Republican John Kasich said that, if elected governor of Ohio, he is open to gambling expansion in Ohio.
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- Washington - Poker players lobby Washington D.C. this week
Posted: 2009/07/24
Poker fans are arriving en masse to Washington D.C. this week to lobby lawmakers that online gaming can be regulated effectively and should no longer be banned.
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- Connecticut - Gambling booming in Connecticut
Posted: 2009/07/21
A new state-ordered report indicates that legalized gambling is helpful to the Connecticut economy, but the state has done a poor job of regulating the industry.
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- gambling - Indiana may expand gambling
Posted: 2009/07/14
Worried about new competition from Kentucky and Ohio, Indiana politicians are studying the state's gambling industry to see how best to position the casinos and preserve state revenue.
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- gaming - Washington state moves forward with new tribal gambling pact
Posted: 2009/07/06
A forthcoming hearing will examine a number of proposed changes in the Tulalip Tribes' gambling compact with the state of Washington.
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- Ohio - Republicans eye plan for gambling expansion in Ohio
Posted: 2009/07/03
The leader of the Republican-controlled Ohio Senate has agreed to host public hearings this week to discuss Gov.
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- Super Bowl - Former Super Bowl Champs Partner With Lottery
Posted: 2009/06/01
Working with the Massachusetts State Lottery, The Patriots, based in Boston, on Thursday unveiled their plans.
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- horse racing - Stimulus package for Kentucky horse racing industry
Industry News.
Posted: 2009/06/17
Kentucky's horse racing industry is getting its very own stimulus package. Gov. 
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- slot machines - N.H. considers legalizing slot machines
Posted: 2009/06/01
Committee members said the plan for new "racinos" can clear the panel, but its fate is uncertain in the full state Senate, where key senators remain on the fence.
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- increase - Gambling revenues soaring in Pennsylvania
Posted: 2009/05/26
Nationwide, casino revenues dropped by five percent, primarily due to the massive economic recession, which caused such social turmoil in the U.S. that the voters there elected the first openly socialist candidate for U.S. president, ever, Barack Hussein Obama, Jr.
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- increase - Gambling grew by 10 percent in recent months in Italy
Posted: 2009/05/14
"Wagers for April, including slot machines, sports betting, scratch cards and lotteries, were more than $4 billion," according to a statement from AAMS.
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- Illinois - New plan to expand gambling in Illinois emerges
Posted: 2009/05/08
The Illinois State Senate is honing a plan to expand gambling for building and construction projects. The changes may become law next year, experts are saying.
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- online ad - Sports Network ESPN allows online gambling adverts
Posted: 2009/05/06
America's most popular sports news website and network ESPN is now allowing the online gambling operator Youbet.com to advertise online. 
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- Harrah's - Harrah's Entertainment Eyes Online Gaming
Posted: 2009/05/04
Harrah’s Entertainment last week hired the former CEO of Partygaming as the company hopes for a change in the U.S. Internet gambling law.
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- wagers - Betting site takes wagers on fate of former Illinois governor
Posted: 2009/04/24

You can now bet on the future of former Illinois Governor Rod Blagojevich -- ousted from office after trying to market Barack Obama's old senate seat to the highest bidder.
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- money - Stock in MGM Mirage soaring on Wall Street
Posted: 2009/04/16
Las Vegas-based firms is in negotiations to sell two prime resort-style properties in Detroit and Biloxi, Miss.
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- bet - Casinos cutting blackjack minimum bets, luring new gamblers
Posted: 2009/04/07
 
The minimum blackjack table at the Seneca Niagara Casino in Niagara Falls used to be $10 -- but is now $5. That's 24 hours a day, and seven days a week.
 
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