Possibly influencing the Pennsylvania lawmakers regarding another Philadelphia license was the report that the gross slots revenue for the month of March reached $233.1 million, a record for the state’s 11 casinos.
• Penn National Gaming Inc. says it plans to open a casino in Toledo, Ohio, in early May, rather than later in the month.
• Analysts at Roth Capital say they expect Scientific Games Corporation (SGMS) to benefit from increased online lottery sales in the first quarter.
State officials in Ohio are joining with gaming companies in their opposition to a lawsuit that would bar the state from approving slot machines for the state’s horse tracks. The state’s gaming regulators announced last week they had begun licensing some 1,100 workers who have been hired by casinos opening in Cleveland and Toledo.
Caesars Entertainment Corp. (CZR) says it has sold a half interest in its Caesars Interactive company to Rock Gaming of Ohio for $60.8 million.
Las Vegas-based Full House Resorts Inc. (FLL) plans to pay $70 million to acquire the Silver Slipper Casino in Hancock County, Mississippi, from the Alanis Family and their partners.
Bryan Delugo has been named general manager of the Red Hawk Casino in upstate California. The property is owned by the Shingle Springs Band of Miwok Indians.
As owners of the land bordering the site of the proposed Oyster Bay Casino, the city of D’Iberville says it plans to share in the casino’s profits. The parcel of land is needed to make the property a legal casino site because it touches the water at the mean high tide line.
The New Jersey Division of Gaming Enforcement says Atlantic City’s 11 casinos saw a decline of 7.4 percent in gross operating profits during 2011.
Riviera Holdings Inc. of Las Vegas said it lost $15.9 million during the fourth quarter of 2011. Revenues during the period rose to $81.7 million from last year’s $79.3 million.
A bill that would permit Rhode Island voters to decide whether casino games should be permitted at Newport Grand slots facility needs only the expected signature of Gov. Lincoln Chafee to be placed on the November ballot.
When discussing casinos in Michigan, news stories usually focus on Detroit’s three major casinos. However, to the surprise of some, it was recently noticed that the state actually has 25 casinos, 22 of them owned by Native American tribes.
Welcome to our casino industry news section. Find the latest information about casino buyouts, casinos, build outs or bankruptcies. Our casino industry news covers big movers in gambling such as MGM Resorts International (MGM), Las Vegas Sands (LVS), Penn National (PENN), Station Casinos, Caesars Entertainment and more in places like Macau, Singapore, regional casinos around the United States as well as our own Las Vegas.