The Weekly Gaming Business Wrap
Stay Informed About The Gaming World
Here’s a look at the headlines for this week in the gaming business world.
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.
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.
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’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.
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.
|1||Bellagio's Jack McClelland Retiring After 2013 WPT Five Diamond|
|2||Police Bust Poker Game At Oklahoma Bar|
|3||High-Stakes Online Poker: Niklas Heinecker Up $6 Million As 2013 Winds Down|
|4||Poker Hand Of The Week: 12/5/13|
|5||Poker Strategy With Ed Miller: Bluffing In Multiway Pots|
|6||Men Of Action: Bob Stupak|
|7||Dan Bilzerian Says He Won $10.8 Million Playing Heads-Up Poker At Stakes $5,000-$10,000|
|8||Google Glass Could Help Poker Cheats|
|9||Hansen In The Abyss $15 Million On Full Tilt Poker|
|10||Poker Pro Fends Off Two Robberies In One Day|
|1||Dan Bilzerian Says He Won $10.8 Million Playing Heads-Up Poker At Stakes $5,000-$10,000|
|2||Hansen In The Abyss $15 Million On Full Tilt Poker|
|3||Poker Pro Fends Off Two Robberies In One Day|
|4||Poker's Thankful: Great Suckouts From 2013|
|5||Bryan Devonshire: It Can Always Get Worse|
|6||New Jersey Sees Full Launch Of Web Poker|
|7||Sheldon Adelson: 'Willing To Spend Whatever It Takes' To Thwart Online Poker In United States|
|8||Jay Farber Says He Is Buying A House, Ferrari And Aston Martin With His Poker Winnings|
|9||Borgata Allowing I-Poker Signups Ahead Of Launch|
|10||$14 Million In Full Tilt Poker Losses For Gus Hansen|