November 19th, 2010 – by Glen Farmer Harrah’s Entertainment Inc. had been planning an initial public offering on stock, but they have scrapped the idea. Market conditions have been cited as the reason behind the pulling of the IPO. According to Reuters, the stock listing has been delayed because there were concerns that the price … Read more
November 18th, 2010 – by Danny Kirk Two years ago, Illinois had enacted a smoking ban that had brought smokers out of the casinos in the state. Coinciding with the ban was a harsh decline in revenue in the state’s casinos. State lawmakers are now considering repealing the ban in order to bring revenue back … Read more
November 17th, 2010 – by Glen Farmer The proposal to build a casino near the honored battleground of Gettysburg has reached new heights, as the casino investors are hoping to convince state officials to allow them to build the gaming center near this historic battle ground. In order to receive a license to operate casinos … Read more
November 16th, 2010 – by Glen Farmer Slots revenue for the month of October has been reported by the Foxwoods Resort Casino and MGM Grand at Foxwoods. These casinos have reported that slot revenue is $57.2 million for the month of October. The $57.2 million represents an increase in 4.5 percent in the casino’s win, … Read more
November 15th, 2010 – by Danny Kirk In September, Nevada’s gambling centers generated $918 million in winnings. This represents one of the few increases in revenue over the year, and is the first time in three years that the state’s gaming centers showed an increase in revenue for two months in a row. The increase … Read more
November 14th, 2010 – by Glen Farmer Pennsylvania’s casinos are set to receive two new games in a couple of casinos in the state. In the past couple weeks, the casinos have incorporated new forms of entertainment into their casinos. The first new addition to the casinos is that of the Lucky Ladies blackjack bet. … Read more
November 13th, 2010 – by Glen Farmer Before the SugarHouse Casino opened in Philadelphia, casino protesters were afraid of the possibility of crime rising in the area. In line with their claims, a pair of robberies have victimized several people leaving the casino. The first crime took place over a month ago. A young man … Read more
November 12th, 2010 – by Glen Farmer Several land based casinos in California are set to receive a new form of technology that would bring a bad beat jackpot to the game of blackjack. Introduced by DEQ Systems Corporation, the Bad Beat Blackjack Progressive game will add a new level of excitement to the game … Read more
November 11th, 2010 – by Glen Farmer The free fall of revenue in Atlantic City has continued through October. The state’s casino gambling revenue fell another 12 percent in October. According to the New Jersey Casino Control Commission, slot machines generated only $199.4 million on slot games. This represents a 10.3 percent fall from previous … Read more
November 10th, 2010 – by Glen Farmer Over the last three years, the Tropicana Casino has vastly improved. Due to the improvement under the casino’s new ownership, the Tropicana Casino is set to receive a renewed license for a period of 1 year. Three years ago, the Tropicana Casino and Resort in Atlantic City had … Read more