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November’s Ballot Would Have Only Citizen-Initiated Oxford Casino Proposal

April 4th, 2010 in Casino News, Land Casino News

The House decided Friday to overturn its previous vote to consider putting other gambling proposals on November’s ballot side by side with the citizens’ initiative for a casino in Oxford County.

Legislators Make $1.5 Billion Tentative Gambling Compact With Seminoles

April 4th, 2010 in Casino News, Land Casino News

A conditional $1.5 billion gambling deal was reached by Florida legislators with the Seminole Tribe. According to the tribe’s attorney, Barry Richards, the negotiations took the whole of Friday to conclude.

Maine Lawmakers Hear More Proposals To Expand Gambling

April 3rd, 2010 in Casino News, Land Casino News

The House will consider more gambling proposals after lawmakers voted 81-69 turning down a committee report proposing to veto the citizen-initiated legislation to allow a casino in Oxford County.

DeLeo To Present Gambling Proposal

April 2nd, 2010 in Casino News, Land Casino News

Massachusetts House Speaker Robert DeLeo will introduce new gambling legislation after his proposal obtained enough backing to effect a hearing. The move has been eagerly anticipated by Gov. Deval Patrick and other legislators who are keen on expanding gambling in the state.

Falling Revenues, Las Vegas Competition Lead To Frank Sinatra Casino’s Shutting Down

April 2nd, 2010 in Casino News, Land Casino News

The Cal Neva Lodge Casino, once owned by famous crooner Frank Sinatra has closed because of its inadequate performance in the midst of competition from casinos in Las Vegas and the gambling revenue’s uncontrollable downward trend. The casino which was once frequented by Hollywood celebrities and people involved in organized crime is situated on Lake Tahoe near the border of California.

Critics Of Casino Tax Break Ask New Jersey Gov Not To Sign Bill

March 31st, 2010 in Casino News, Land Casino News

New Jersey legislators passed a bill Monday preventing the exercise of referenda that would let voters express their opinion on how to spend the state economic stimulus money. The bill is awaiting the governor’s signature.

Campbell Foresees Benefit From Planned Entertainment Complex

March 30th, 2010 in Casino News, Land Casino News

Campbell said the complex is worth $450 million, and will include two hotels, five restaurants and a two-storey casino. The entire entertainment center will occupy an area of 680,000 square feet and will be situated on a one-hectare lot between the west side of B.C. place and the Cambie Bridge.

NH State Officials Disagree Over Gambling As A Way To Fill Budget Gap

March 29th, 2010 in Casino News, Land Casino News

New Hampshire is not the only state that worries about its budget gap. The recession has created a budget problem in every state, and each state has its own way of dealing with its shortfall. As reported in an industry newsletter, The Lottery Post, not less than 18 states that saw a decline of [...]

Bill To Allow 4 Small Casinos In Atlantic City

March 23rd, 2010 in Casino News, Land Casino News

Atlantic City’s gambling industry, the second-largest in the country, has been battered by a double whammy – the economic recession and competition from neighboring states. To keep up with the changing times, a bill will be introduced Monday by former Mayor and now state Senator James Whelan that would authorize the construction of four new [...]

$3.5 Billion Class Action Against Ontario Lottery Denied By Court

March 20th, 2010 in Casino News, Land Casino News

A $3.5 billion court case filed in the Ontario Superior Court against the Ontario Lottery and Gaming Corporation (OLGC) as a class action representing problem gamblers was not accepted by the court. The complainants in the class action involved more than 10,000 people who asked the court to allow the class suit to proceed. These [...]