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LACO loses Red Hawk Casino dispute ruling

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Hawaii and gambling February 07, 2011 8:51 PM by Ray Poirier

Only two states – Hawaii and Utah – have no gambling whatsoever. But the number may be dropping to one.

Hawaii legislators are being asked to consider a constitutional amendment that would create limited gambling. A House committee has been given the legislation to review and no action has been taken.

Should the committee approve the bill, and it eventually becomes law, Hawaii’s citizens will be asked to vote on the gambling issue at the next election.

The bill permits slot machines in designated resort areas on the island of Oahu. A separate bill would allow Hawaii to join a multi-state lottery.

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Beset by crushing debt, fleeing customers and run-down facilities, Trump Plaza on Tuesday became the fourth casino in Atlantic City to shut down this year.

Before an official vote was taken by the Massachusetts Gaming Commission on Tuesday, three of the four voting members had already decided that they favored Wynn Resorts Ltd. (WYNN) over Mohegan Sun for the Boston-area casino license.

Vegas Sports Books | Have you noticed a sudden shift in how sports betting is being received around the country thanks to  positive publicity? We have ESPN College Gameday and Fox Sports talking about point spreads on college football.

Atlantic City’s casino revenue declined by 1.2 percent in August compared with a year ago as another gambling hall shut down. The 11 casinos operating during August won $294.4 million from gamblers, down from $298 million a year ago.

A U.S. Bankruptcy Court trustee is objecting to the proposed auction date for the Revel Casino Hotel and a $3 million breakup fee that would go to a Florida developer if he’s outbid for the recently shuttered site.

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