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||MGM National Harbor Grows Maryland Poker Market|
|2||WSOP Announces 2017 Schedule of Weekend Events|
|3||Poker Hall Of Famer Sells Bracelet On eBay|
|4||Poker Pros Climbing Out Of The Hole|
|5||Machine Takes Early Lead In Match Against Poker Pros|
|6||Harder Wins 2017 PSC Bahamas Main Event|
|7||Is The Durrrr Challenge Back On In 2017?|
|8||Poker Bot Doubles Lead In Historic Match Against Humans|
|9||Ryan Fee: How I Improved And Moved Up|
|10||Kenney Wins 2017 PSC Bahamas $25k High Roller|
|1||Brunson: Tilted Poker Players Threw $150,000 Onto Floor|
|2||Police: Man Killed After 'Poker Room Table Talk'|
|3||Kevin Hart Lost In Poker Tournaments This Week|
|4||MGM National Harbor Grows Maryland Poker Market|
|5||Kevin Hart Plays In $100k Poker Tournament|
|6||WSOP Announces 2017 Schedule of Weekend Events|
|7||World Series of Poker Announces 2017 Dates|
|8||Poker Hall Of Famer Sells Bracelet On eBay|
|9||Gamblers Leave About $8M A Year In Las Vegas|
|10||Sessions Said He Was 'Shocked' By Internet Poker|