News Archive for May 14th, 2014

May 14 2014

Final Public Hearing on Springfield Casino Proposal

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Last July voters in Springfield, Massachusetts approved a proposal by MGM Resorts International for an $800 million resort-casino in the town. This Wednesday the Massachusetts Gaming Commission will hold a final public hearing on the project ahead of a decision due in June. It is the only proposal to progress this far in the competition
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May 14 2014

NJ Online Gambling Operators Struggling with Consumer Awareness

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The Chief Financial Officer of Station Casinos, Marc Falcone, has predicted a tough road ahead for the company’s online gambling product but believes that ultimately regulated online gambling will succeed in the US. Station Casinos owns 57% of Fertitta Interactive, the parent company of Ultimate Gaming which operates in both the Nevada and New Jersey
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May 14 2014

Texan Racetracks Call for Public Vote on Casino Gambling

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While the Texas Legislature may not meet this year, it doesn’t mean that gambling advocates are not putting pressure on state lawmakers to legalize casinos in the state. Advocates are asking for lawmakers to hold a public vote on the issue and claim that casino gambling would boost the state’s economy. The horse racing industry
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May 14 2014

Indiana to Examine Fall of Gambling Revenues

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As revenue from riverboat casinos continues to fall, Indiana lawmakers may consider how to address increased gambling competition from neighboring states. Casino taxes brought in $876 million in 2009 but had fallen to $752 million by 2013. The state’s three casinos near Cincinnati have all seen major falls in revenue since a casino opened in
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Final Public Hearing on Springfield Casino Proposal

NJ Online Gambling Operators Struggling with Consumer Awareness

Texan Racetracks Call for Public Vote on Casino Gambling

Indiana to Examine Fall of Gambling Revenues