A Canadian lawmaker is pushing single-event sports betting as a solution to slumping revenues at Caesars Windsor in Ontario, one of the region’s largest employers. Last October, Caesars laid off 120 employees, citing a “softening of business,” and union officials fear more losses if […]
Whether you see her as fickle, pragmatic or politically opportunistic, it’s been fascinating to watch the evolution of Florida Rep. Ellyn Bogdanoff. The Fort Lauderdale Republican, who campaigned alongside former Governor Jeb Bush on an anti-gaming platform, is today working alongside Las Vegas Sands CEO […]
In the last year, we’ve seen gaming disappear from Russia and Ukraine. Tough anti-gambling laws were enacted in Poland that dramatically shrunk the size of the gaming industry there. And in Bulgaria, the tax rate was raised.
While there are multiple reasons for these […]
The effort to bring a slot casino to Aqueduct Racetrack has just hit another speed bump, and Steve Wynn is the first in a pack of six bidders to bow out of the race.
Wynn cut his losses this week after New York Governor David Paterson announced he would seek a guaranteed $200 million in initial […]
I had a meeting with Dan Nita this week. Dan is the chief of the four Harrah’s properties in Atlantic City, and he mentioned that it was 30 years this week since Caesars opened. I was surprised but I guess I shouldn’t have been. After all, last year we did a complete story about the […]
It’s been more than seven years since racetrack casinos were legalized in New York City. But the concept, which won government approval just weeks after the 2001 terrorist attacks, remains just that–a concept, a vision, a maybe, a maybe not. An uncashed check.
Given its prime location in Queens borough, the planned racino at Aqueduct (below) […]
Last Tuesday, a sweeping majority in the Florida House voted to approve legislation that would limit expansion of gaming at seven Seminole tribe casinos, expand gaming somewhat outside South Florida, and also give a few much-needed breaks to the parimutuel industry.
The next day, the Seminoles, arm-in-arm with their business partner, Governor Charlie Crist, dropped a […]
The St. Regis Mohawk tribe of New York State spent more than a decade planning a casino for the Catskill Mountains. But in 2008, just as George W. Bush prepared to leave office, the project was deep-sixed by then-Interior Secretary Dirk Kempthorne. Kempthorne, like George W., opposed off-reservation gambling.
Now that Dirk and W. have left […]
One of the reasons I have little or no respect for politicians is that they don’t even know basic math.
Just look at Congress debating the so-called Stimulus Bill. There are reports out today that if this bill goes through, Americans are on the hook for more than $9 TRILLION! Now that’s not all in this […]
Though the Seneca Indian Nation has tabled construction of a permanent casino in downtown Buffalo and halted improvements at its other properties, the tribe still has ambitious plans for growth in New York State.
According to papers filed over the holidays with the SEC, the Senecas want to construct a casino and resort on 63 acres in Sullivan County in the […]