The Weekly Gaming Business Wrap -- 12/1/12
Stay Informed About The Gaming World
Here’s a look at the headlines for this week in the gaming business world.
Chicago Mayor Rahm Emanuel and Illinois Gov. Pat Quinn are reportedly very close to a deal that would give schools 100 percent of the tax revenue from a proposed Chicago casino. The two are hoping to have a bill submitted by Jan. 9.
Ameristar Casinos has announced that it will end its bid to develop a $900 million casino resort in Springfield, Massachusetts. The Las Vegas-based company, which purchased $16 million of land in the region, believed it did not have a realistic chance at winning the casino license. The bid will now go to either Penn National Gaming or MGM Resorts.
Mississippi casino revenue dropped to $167.4 million in October, the lowest numbers since 1998. The drop represented an 8 percent loss from 2011, when the state’s casinos took in $182.2 million. Officials blamed the calendar for the poor numbers, since there were less weekend days during the month.
The Silverton Casino in Las Vegas, along with Cantor Gaming, have announced the grand opening of a brand new 2,000 square foot sports book. The facility will feature Cantor’s wireless gaming systems and a high definition 2.35 million LED pixel video screen capable of showing up to 16 different sporting events simultaneously.
A California real estate company has acquired the Ravella and the Casino MonteLago at Lake Las Vegas for $46.8 million. The Arcardia-based company bought the casino and the 349-room hotel from Village Hospitality LLC, who acquired the property in 2009 after the previous owners filed for bankruptcy.
|1||Jason Mercier Close To Bracelet No. 3|
|2||Glaser Wins WSOP $10k Omaha 8/OB Championship|
|3||Craig Wins 2016 WSOP Seniors Championship|
|4||Ian Johns Wins 2016 WSOP $10k Limit Hold'em|
|5||A Poker Life: Mike Shariati|
|6||California Online Poker Bill Moves Out Of Committee|
|7||2016 POY Update: Fedor Holz Takes The Lead|
|8||Michael Gathy Wins His Third WSOP Bracelet|
|9||Revel Reopening Delayed Indefinitely Over License Dispute|
|10||Moore Wins 2016 WSOP Super Seniors Event|
|1||Selbst Could Owe Mercier $1.8M In Controversial Bet|
|2||Disgraced Poker Player Returns To The WSOP|
|3||Lederer Follows Ferguson, Makes Return To WSOP|
|4||Jason Mercier Close To Bracelet No. 3|
|5||Rainer Kempe Wins 2016 Super High Roller Bowl|
|6||Dan Bilzerian: Kevin Hart Is Terrible At Poker|
|7||Jason Mercier Wins His Second Bracelet Of 2016 WSOP|
|8||2016 WSOP Colossus II Draws 21,613 Entries|
|9||Super High Roller Bowl: Matt Berkey Leads Final 16|
|10||NFL Player Busts WSOP Main Event Champion|