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Newport Grand slots parlor eyed for purchase

Industry
Station Casinos smart phone app available this month April 15, 2014 by Phil Hevener

Gaming Insider | Mobile technology may become the casino industry’s new best friend and the creative marketers at Station Casinos are all over this.

Opposition to online gambling bill still growing April 14, 2014 by Ray Poirier

Reports that some U.S. lawmakers want to restore a prohibition interstate gambling through what was known as the Wire Act have resulted in affected parties taking major stands in opposition.

Money laundering concern officials in Canada April 14, 2014 by Ray Poirier

Officials have been emphasizing the need to scrutinize gambling activities in Macau to be sure money laundering is not taking place. Such concern has been on top of the agenda in Canada, where some feel, money laundering has been increasing.

Moguls discuss Sands Bethlehem casino sale April 14, 2014 by Ray Poirier

Talk is said to be cheap but in the case of the Sands Bethlehem in Pennsylvania, conversations relative to the sale of the $800 million hotel/casino constructed and operated by Las Vegas Sands Corp. could be expensive.

Powerbucks jackpot linking Nev. and N.J. casinos April 14, 2014 by Ray Poirier

International Game Technology (IGT) is becoming multi-jurisdictional with its Wide Area Progressive jackpot link. The company announced that its Powerbucks will be available to Boyd Gaming and Caesars Ent. casinos in Nevada and in New Jersey. 

Standard and Poor downgrades rating for CZR April 14, 2014 by Ray Poirier

Standard & Poor’s Ratings Services lowered its rating for Caesars Entertainment Corp. and said that it is more likely that the country’s largest casino operator will need to undergo a restructuring.

Everett, Mass. land owner refusing to sign pledge April 14, 2014 by Ray Poirier

One of the owners of land in Everett, Massachusetts, on which Steve Wynn wants to build a $1.4 billion casino entertainment complex, is refusing to sign a promise that “no secret owners” would profit from the deal.

Casino license delay could prove costly for Boston April 14, 2014 by Ray Poirier

A delay in issuing a casino license for the Boston, Massachusetts, area could have a short-term impact on the Commonwealth’s finances. The state’s budget for the fiscal year ending on June 30 anticipated $195 million in casino-related licensing fees. 

N.Y. casino license applications require $1M fee April 14, 2014 by Ray Poirier

In its announcement that applications for the four upstate New York casino licenses are being entertained, the N.Y. Gaming Commission advised that each application would require a fee of $1 million.

Officials find use for confiscated Internet Cafe computers April 14, 2014 by Ray Poirier

During its months of struggling against Internet Cafes in Ohio, police confiscated hundreds of computers used in what was later determined to be illegal gambling. Now, the public officials have found a use for the computers.

Siri's Casino opens in Reno April 14, 2014 by Ray Poirier

A new casino has opened in downtown Reno, for the first time since 1995. Last Friday, Siri’s Casino opened its doors at the site of the old Primadonna Club, across from Harrah’s Reno.

Newport Grand slots parlor eyed for purchase April 14, 2014 by Ray Poirier

The struggling Newport Grand slots parlor in Newport, Rhode Island, reportedly is being eyed for possible purchase by an investment group that includes former Providence Mayor Joe Paolino.

Maine plans major study of gambling operations April 14, 2014 by Ray Poirier

Maine’s Indian tribes haven’t fared well lately. Three bills that would have allowed tribal casinos have been killed. Instead, the state plans a major study of the state’s gambling operations with advice on how to proceed in the future.

New Hampshire Motor Speedway seeks casino license April 14, 2014 by Ray Poirier

There is a new player seeking a New Hampshire casino license. The operators of the New Hampshire Motor Speedway have thrown in their bid to be considered for a license. 

GPN announces renewed, expanded CZR relationship April 14, 2014 by Ray Poirier

Atlanta-based Global Payments Inc. (GPN), a recognized leader in providing payment solutions to the gaming industry, has announced a renewed, but expanded, relationship with Caesars Entertainment Corp. (CZR).

Casino Insider April 14, 2014 by Ray Poirier

Casino Insider | Read the latest casino industry news bites about MGM Resorts International (MGM), Pinnacle Entertainment Inc. (PNK), Bally Technologies Inc. (BYI), International Game Technology (IGT) and so much more.

Ohio’s four casinos see revenues spike in March April 11, 2014 by Staff & Wire Reports

Ohio's casino revenue figures show March was a good month for the state's four casinos. The numbers show each casino had a significant increase from February. The bump mirrors a similar boost in casino revenues last March following winter slumps.

Atlantic City casino earnings down 35 percent April 10, 2014 by Staff & Wire Reports

Not even a boost from Internet gambling money and the comparison with an extremely slow period after Superstorm Sandy could prevent Atlantic City’s casinos from seeing a big decline in their earnings in 2013.

SLS Las Vegas opens room reservations, new website April 09, 2014 by Staff & Wire Reports

SLS Las Vegas Hotel & Casino room reservations are now open. The first rooms are available for booking beginning August 25. Guests can make reservations online at the newly launched property website, SLSLasVegas.com. 

After scandal, poker tourney gets high-tech chips April 09, 2014 by Staff & Wire Reports

A Borgata Casino poker tournament cheating scandal has led to new security measures, including chips that are more intricate, have more colors and include an authentication element that can be checked under ultraviolet light.

 

Casino Industry

Money laundering concern officials in CanadaGAMBLING ACTIVITIES

Money laundering concern officials in Canada

Recently, Chinese officials have been emphasizing the need to scrutinize gambling activities in Macau to be sure money laundering is not taking place. This has prompted the various Macau casino operators to increase their vigilance regarding the illegal activity.

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