The Weekly Gaming Business Wrap -- 8/17/12

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

Mississippi Approves Rotate Black Casino For Gulport

The Mississippi Gaming Commission has approved construction of a Rotate Black Casino in Gulfport with a vote of 3-0. The $112 million project was previously deemed to be too small, but has been expanded enough to warrant approval, increasing the hotel plans from 100 to 205 rooms.

Louisiana Casinos Take In $197 Million In July

Louisiana’s 17 publicly reported casino properties took in only $197 million in July, which represented a 3 percent drop from June and a staggering 12 percent drop from July of 2011. The biggest disappointment was Harrah’s New Orleans, which experienced a 13 percent reduction in revenue.

Columbus Ohio Casino Employees Begin Receiving Gaming Licenses

The Ohio Casino Control Commission moved closer to opening the state’s third casino by awarding 178 gaming licenses to new employees for the Columbus property. The Hollywood Casino is scheduled to open in early October of this year.

Cherokee Casino In North Carolina Begins Spreading Table Games

The Cherokee Casino in western North Carolina has begun spreading table games, two months after the state Legislature approved the law change. In preparation for the expansion of games offering, the casino has hired an additional 500 employees.

Gov. Martin O’Malley Signs Law For Maryland Table Games Expansion

The state of Maryland and its Gov. Martin O’Malley have signed off on a law that will introduce table games, including poker, to it’s six casinos. Additionally, the law will allow a new casino to be built in Prince George County. Voters will have a chance to approve the new law in November.

Chicago Bears Pass On Casino Advertising

The NFL has recently changed their stance on gambling advertising in NFL stadiums, allowing teams to take advantage of regional casinos ads. However, the Chicago Bears have pledge to stay away, stating that the team must adhere to it’s “values.”

Record $1.3 Billion Wagered At New York Casino

A record $1.3 billion was wagered by patrons at the Aqueduct Racetrack in New York last July, which was an all-time high for the racino which offers 500 electronic table games and 4,500 slot machines.

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