The Weekly Gaming Business Wrap -- 8/17/12
Stay Informed About The Gaming World
Here’s a look at the headlines for this week in the gaming business world.
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’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.
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.
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.
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.
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.”
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.
|1||PokerStars' Review Suspended In New Jersey|
|2||Poker Strategy For The Rest Of Us: Kristen Bicknell|
|3||Norwegian Politician Throws In Towel In Poker Battle|
|4||Bellagio's Jack McClelland Retiring After 2013 WPT Five Diamond|
|5||Police Bust Poker Game At Oklahoma Bar|
|6||2013 World Poker Tour Five Diamond World Poker Classic Main Event Underway At Bellagio|
|7||High-Stakes Online Poker: Niklas Heinecker Up $6 Million As 2013 Winds Down|
|8||Poker Hand Of The Week: 12/5/13|
|9||Online Poker To Get Federal Hearing Tuesday|
|10||Dan Bilzerian Says He Won $10.8 Million Playing Heads-Up Poker At Stakes $5,000-$10,000|
|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||Online Poker: Niklas Heinecker Up $4.2 Million|
|9||Jay Farber Says He Is Buying A House, Ferrari And Aston Martin With His Poker Winnings|
|10||Borgata Allowing I-Poker Signups Ahead Of Launch|