Gaming Yesterday | We were doing so much business at the Stardust the crowds were overwhelming. I hired additional oddsmakers Jerry “The Hat” and Kenny White for their numbers and opinions.
Despite some rumblings that the region should become a more “democratic” state, no changes in the current form of government are anticipated. Macau’s CEO, Fernando Chui, was re-elected to strongly support the parent country.
Lower share prices for the gaming companies doing business in Macau hinted that revenues during the month of August would be far from the gaming growth percentages of the past. Macau officials said revenue fell 6.1 percent in August.
Casinos and racinos in western Pennsylvania needed workers and documented refugees needed jobs. Putting the two together was like a marriage made in heaven.
Nebraska's November referendum now has two issues: wagering on previously run races AND whether tax revenue from both live and replayed horse races will go toward education, property tax relief, and a compulsive gambling treatment program.
The Orange County village of Kiryas Joel has filed a lawsuit seeking to stop Caesars Entertainment Corp. (CZR) from receiving approval for a casino in nearby Woodbury, New York.
Nearby competition has caused a decline in the revenues from West Virginia’s four racinos but it hasn’t affected The Greenbrier casino. The casino's table game revenue increased to $457,715 while its video lottery revenue rose to $429,575.
Currently, Viet Nam residents are prohibited from gambling in that country’s five casinos but changes may be in the offing. A new decree is expected next month that will allow the casinos to admit locals, provided they pay an admission fee.
A former employee of the Maryland Live Casino in Hanover, Maryland, must return a list of high rollers she allegedly took when she left to work at the new Horseshoe Casino in Baltimore.
It would take a constitutional amendment to open the door to casino gambling in Kentucky and such a move has been supported by the horse racing industry for many years, without success. This year, recent efforts seem to have dissipated.
The most spectacular and costly failure in Atlantic City’s 36-year history of casino gambling began to play out Monday when the $2.4 billion Revel Casino Hotel emptied its hotel. Its casino will close early Tuesday morning.
One of the region’s largest mass-filings for unemployment and other benefits will begin next week for newly laid-off Atlantic City casino workers in an outreach effort so large it had to book part of the city’s convention center.