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.
The Hollywood Casino in Toledo, Ohio opened on Tuesday, giving the city of Detroit and its three casinos some increased competition. Toledo is the second city in Ohio to open a casino, after the Cleveland Horshoe opened its doors last month.
Changes have been made to state gambling laws, allowing the Cherokee Casino in Western North Carolina to offer live poker and other tables games. North Carolina public schools will benefit from the increase in revenue.
On Thursday, the DOJ announced a civil lawsuit against the Tuscany Hotel and Casino in Las Vegas, accusing the company of engaging in discrimination in the employment eligibility verification process.
Macau casino gambling revenue only rose by 7.3 percent in May, the slowest pace since July of 2009. Expert analysts have been projected the start of a plateau for months, hinting that Macau’s may hit a wall by 2013. Despite the slowed growth, Macau still remains the number one gambling market in the world.
David Cordish, owner of the largest casino in Maryland, is urging state lawmakers to wait and see before approving the state’s sixth casino. Cordish has put up $500 milion for a casino in Anne Arundel County, and believes that he and others would lose business if a sixth casino is added in Prince George County.
Detroit’s Greektown Casino and Hotel is moving ahead with a $28.6 million parking garage project, which will contain an upscale restaurant and a moving walkway.The project will create roughly 200 construction jobs and generate more jobs once the expansion is complete.
The Kialegee Tribal Town has asked a regulatory agency to reconsider their ruling, which banned the tribe from building a casino in the Tulsa suburb of Broken Arrow. The National Indian Gaming Commission ruled that the Red Clay Casino couldn’t be built on land owned by members of the Muscogee Creek Nation.
|1||Chino Rheem and Erick Lindgren Lead World Poker Tour $25,000 Championship Main Event Final Table|
|2||Live Cash Game Stream Kicks Off Card Player Poker Tour Bike Stop|
|3||Online Poker Scandal: Annie Duke Responds To Leaked Russ Hamilton Audio Recording|
|4||Dan Shak Finishes Second In Tiger Woods' Charity Poker Tournament In Las Vegas|
|5||Family Facing Eviction Discovers They Had $4.85 Million Lotto Ticket Sitting In A Cookie Jar|
|6||A Poker Life -- Brian Hastings|
|7||Carnivale Of Poker Returns To 2013 World Series of Poker|
|8||Jamie Gold's World Series of Poker Main Event Bracelet Up For Auction|
|9||High-Stakes Online Poker: Gus Hansen Wins $1.7 Million This Week|
|10||Doyle Brunson Bows Out Of World Series Of Poker|
|1||Jamie Gold's World Series of Poker Main Event Bracelet Up For Auction|
|2||Doyle Brunson Bows Out Of World Series Of Poker|
|3||Gambling Lawsuit: Did Ivey Notice Defective Cards At London Casino En Route To Winning $12 Million?|
|4||Ultimate Bet Cheating: Russ Hamilton Admits In Audio Recording, 'I Did Take This Money'|
|5||High-Stakes Online Poker: Gus Hansen Approaching $10 Million Lifetime Losses On Full Tilt|
|6||Nevada To Add Gambler To 'Black Book' For First Time In Nearly Four Years|
|7||Phil Ivey Sues London Casino For Allegedly Stiffing Him On $12.1 Million|
|8||A Look At The Ultimate Poker Software: Nevada's First Real Money Online Poker Room|
|9||High-Stakes Online Poker: Gus Hansen Now Down $6 Million Since The Fall|
|10||Ben Tollerene Talks About Losing $1.7 Million In Single Session To Viktor Blom|