The Weekly Gaming Business Wrap

Here’s a look at the headlines for this week in the gaming business world.

New Jersey Governor To Advance Sports Betting Proposal

In an effort to turn around Atlantic City from its current five-year slump, New Jersey Gov. Chris Christie has announced that he will move forward with regulations to add sports betting to casinos and race tracks in the city. The move could still face some opposition from the U.S. Department of Justice.

Jimmy Buffett Opens Casino In Biloxi

On Tuesday, famed singer Jimmy Buffett opened his newest project, a $62 million casino and restaurant in Biloxi, Mississippi. Margaritaville, which also has a location in Las Vegas, is the first casino in Biloxi to open since 2007.

Illinois House Approves Casino Expansion Bill

On Wednesday, the Illinois House approved a measure that would allow for casino expansion and slot machines at existing horse racing tracks. The bill’s supporters argue that the increase in tax revenue could help the state avoid making costly budget cuts to vital government programs, but Gov. Pat Quinn has been steadfast in his opposition and has threatened to veto similar bills in the past.

Mississippi Revenue Up At Coast Casinos, Down At River Casinos

Mississippi’s coast casinos saw a 7 percent jump in revenue year-over-year in the month of April, but the good news was not shared by the river casinos, whose revenue fell by 8 percent over the same time period. Officials expect improvement for the state overall by next month, after Jimmy Buffett’s Margartaville project gets going.

Media Tour New Toledo Casino Before Next Week’s Opening

Next Tuesday will mark the opening of Ohio’s second casino in East Toledo, nearly one month after the opening of the Horseshoe Casino in Cleveland. The Hollywood Casino, opening on Tuesday, gave a media tour to show off it’s $200 million project, complete with 290,000 square feet of space, 2,000 slot machines, 80 table games and five restaurants and lounges.

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