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Archive for January, 2010

About-Face in Florida

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 […]

50% Rule: Competition Rules

There was one provision of the law authorizing table games in Pennsylvania casinos that escaped major media attention, but was significant nonetheless: The new law eliminated a provision of the state gaming law that had been added in 2006—a rule that no more than 50 percent of a slot floor can be occupied by the […]

‘Bama Bingo Battles

 
More than one of Riley’s political adversaries, including a former aide, claim he took money from the Mississippi Choctaw Indians in exchange for limiting gambling in his own state. In Alabama, according […]

Unfair Disadvantage

One of the more controversial portions of the table game bill signed last week by Pennsylvania Governor Ed Rendell involved the Foxwoods Philadelphia casino project on the Philadelphia waterfront. The new law grants the Gaming Control Board authorization to extend the deadline for Foxwoods to submit a construction plan.
The project’s investors asked that the deadline […]

Could Icahn Corner the Market in City that Inspired Monopoly?

Trump Entertainment bondholders have posed an interesting question as they face off with Carl Icahn for control of the Atlantic City casino company. How much influence should one man, one owner, one entity wield in a given gaming market?
 
As Icahn reveals details of his plan […]

Taking It To The Streets

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 […]