Embattled New Hampshire Casino is Not Yet Sold, State Must Approve New Owner
Concord Casino has yet to be acquired by another owner as the deadline for the New Hampshire property’s sale is just a few months away. Concord Casino, pictured above. The New Hampshire gaming property must be sold this year. (Image: New Hampshire Bulletin) In January, the charitable casino’s owner, Andy Sanborn, was to start looking…
Read More
Casino Chip Grabber Added to Nevada’s Black Book
Neal Ahmed Hearne, a man who grabbed thousands of dollars worth of casino chips from table games at 15 Las Vegas casinos, has become the 37th person added to Nevada’s so-called “black book.” That the list of individuals who are forever banned from entering any casino in the state. Neal Ahmed Hearne is a resident…
Read More
Monarch Casino Shares Solid not Spectacular, Says Analyst
Shares of Monarch Casino & Resort (NASDAQ: MCRI) could be steady though significant upside could be hard to come by over the near-term. Atlantis Casino Resort in Reno. An analyst is tepid on shares of operator Monarch Casino & Resort.(Image: YouTube) That’s the take of Stifel analyst Jeffrey Stantial following the regional casino operator’s first-quarter…
Read More
Minnesota Racetrack Calls Out Tribal Casinos’ ‘Illegal Games’ in RICO Suit
Minnesota casinos Grand Casino Hinckley, Grand Casino Mille Lacs, and Treasure Island Resort have been slapped with a federal racketeering lawsuit by a local racetrack that claims the three venues are offering illegal games. The Running Aces racetrack in Columbus, Minn. argues local tribal casinos are offering unauthorized games that deprive the track of substantial…
Read More
Sands Disappointed by New York Casino Process, Confirms Thailand Interest
Las Vegas Sands (NYSE: LVS) is dismayed about the length of time it’s taking New York regulators to open the bidding window for three downstate casino permits, but the operator is optimistic about the possibilities in Thailand. Nassau Coliseum where Las Vegas Sands wants to build a casino resort. The operator said it’s frustrated by…
Read More
Pennsylvania Gaming Revenue Hits Monthly High as March Win Tops $554.6M
The state of the Pennsylvania gaming industry has never been better. Parx Casino remained the dominant brick-and-mortar casino in Pennsylvania in March with gross revenue of $52.8 million. The state gaming industry’s record monthly performance was driven online where iGaming revenue exceeded $191 million. (Image: YouTube) The Pennsylvania Gaming Control Board (PGCB) unveiled March revenue…
Read More
Virginia Skill Gaming Bill Headed for Veto After Senate Rejects Younkin’s Changes
The Virginia skill gaming bill passed by the General Assembly only to be returned by Gov. Glenn Youngkin (R) with a myriad of changes was quickly rejected by the state Senate on Wednesday. Virginia skill gaming machines are seen inside a Norfolk restaurant. Skill games are likely to remain illegal after the state Senate rejected…
Read More
Thai Finance Ministry to Lead Review of Casino Study
Thailand’s Ministry of Finance will run point in mulling a House of Representatives study that could pave the way for regulated casinos in the Southeast Asian country. An aerial view of part of Doi Inthanon National Park in Thailand. The country’s Finance Ministry will lead a 17-agency review of a casino gaming study. (Image: Location…
Read More
Alabama-Coushatta to Build New Texas Casino After Scotus Ruling
The Alabama-Coushatta Tribe of Texas has announced it will build a new casino resort having won its longstanding battle with the state over the right to offer gaming on its lands 100 miles northeast of Houston. The new casino resort is expected to dwarf the modest Naskila Casino, above, which, until SCOTUS sided with the…
Read More
Pennsylvania Casino Smoking Bill Continues to Linger in State Capitol
Legislation in Pennsylvania that seeks to close the indoor smoking loophole afforded to casinos and certain other businesses passed a House committee last November. Five months later, the measure still hasn’t been acted on by the full House of Representatives. Efforts to extinguish casino smoking in Pennsylvania continue to drag slowly in the Harrisburg State…
Read More