Archive for September, 2009
Posted in September 15th, 2009
Currently, the United States does not support online gambling and a company called 888 Holdings Plc is betting that it will in the near future. 888 struck a deal with Harrah’s, the world’s largest casino company to get its foot in the door in the US online gambling future. 888 Holdings, Plc is the United [...]
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Posted in September 15th, 2009
Revel Casino in Atlantic City is one of the newest in the area projected to be complete in the summer of 2011. The 53 story structure was just finished on the outside after being started quite some time ago. A halt to construction came in January of 2009 because funding became nonexistent. The developer said [...]
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Posted in September 15th, 2009
Kansas Speedway has plans to partner with Penn Hollywood Kansas, Inc; a subsidiary of Penn National Gaming, to build a Hollywood themed casino next to the racetrack. Penn Hollywood Kansas is buying the Cordish Company’s 50% interest in a managing member of the $700 million resort. The Speedway is located on Interstate 70 and Interstate [...]
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Posted in September 14th, 2009
Governor Charlie Crist intended to hold a special legislative session during the month of October to discuss the need talks concerning the Seminole Gambling Compact. Now it looks like it is going to take a bit longer, months longer, to finally approve the deal. It is questionable whether it will be approved at all. The [...]
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Posted in September 14th, 2009
Atlantic City August revenue was a big disappointment. Normally, summer revenues soar with the ability to bring in more customers because of the summer season. This year that didn’t happen and that spells out problems for many casinos that depend on summer revenue to bring their bottom line up. Revenue in the 11 Atlantic City [...]
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Posted in September 14th, 2009
There is a new federal law that facilitates the process of employees coming together in hopes to form a union. An influential Indian gaming lobby group is trying to stop tribal casinos from taking advantage of this new law. The National Indian Gaming Association is lobbying US senators to amend the proposal that would allow [...]
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Posted in September 14th, 2009
Casino gaming in the Bahamas has been going on for a very long time, almost nine decades, which gives the Bahamas the distinction of being one of the oldest organized casino cultures in history. . The Bahamas legalized gambling in 1963 but it had been in existence for many years before that with the amount [...]
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Posted in September 14th, 2009
Bellagio LLC is suing Sir Allen Stanford for repayment of a gambling debt of more than a quarter of a million dollars. The lawsuit was filed in Nevada State Court in September. Sir Robert Allen Stanford is a prominent financier and sponsor of professional sports. He is chairman of privately held Stanford Financial Group. He [...]
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Posted in September 13th, 2009
Table games might be coming to Pennsylvania’s 9 state casinos much earlier than expected and all because of the state’s financial crisis. State officials are planning to sell a table gaming license to casinos and racetracks throughout Pennsylvania. The onetime purchase of this license by these casinos and racetracks will generate an estimated $200 million [...]
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Posted in September 13th, 2009
The FireKeepers Casino opened on September 9th with a huge amount of promotion. It’s hard to believe it could possibly be as wonderful as all the ads said it would be but in most cases it exceeded expectations of most customers. The casino is located in Battle Creek, Michigan right off Interstate 94 at exit [...]
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