Latest Gambling industry News

Virginia's Pamunkey Tribe announces $350M casino project

Jan. 17, 2020 1:15 PM EST

RICHMOND, Va. (AP) — A Native American tribe in Virginia announced plans Friday to develop a $350 million casino resort in the state's capital and a separate one in Norfolk. The Pamunkey Indian Tribe purchased three properties in south Richmond for the development of the casino and a fourth parcel about 5...

Company sues Montana Lottery over rules for sports wagering

Jan. 16, 2020 5:49 PM EST

HELENA, Mont. (AP) — An investment group from Billings has filed a lawsuit against the Montana Lottery over rules that require businesses wishing to offer sports gambling to have specific alcohol licenses. The lawsuit, filed in Lewis and Clark County by the Arete Group, argues legislation that authorized...

Gambling revenue in Pennsylvania hits new record high

Jan. 16, 2020 4:39 PM EST

HARRISBURG, Pa. (AP) — Pennsylvania's commercial casinos reached a new high in revenue last year, state regulators said Thursday, a record boosted by an aggressive new expansion of gambling authorized by state lawmakers and Gov. Tom Wolf in 2017. The Pennsylvania Gaming Control Board said revenue at the...

Hard Rock boss: Atlantic City 'going in wrong direction'

Jan. 16, 2020 3:46 PM EST

ATLANTIC CITY, N.J. (AP) — The CEO of Hard Rock International says Atlantic City “is going in the wrong direction” and is in worse shape than when the global entertainment company bought its casino there nearly three years ago. Speaking after an employee meeting Thursday where Hard Rock...

MGM Springfield reports lowest month of gambling revenue

Jan. 16, 2020 11:19 AM EST

SPRINGFIELD, Mass. (AP) — A Massachusetts casino reported its lowest monthly revenue in its 16-month history. MGM Springfield's December gross gambling revenue was $18.9 million, down from $21.6 million a year ago. The Massachusetts Gaming Commission released its monthly numbers Wednesday. The new numbers...

Mayor Marty Small, left, speaks at a church in Atlantic City N.J. on Jan. 15, 2020 as City Councilman Kaleem Shabazz listens. The mayor called a press conference to rally opposition to a proposed change of government that would eliminate an elected mayor. A vote has been set for March 31. (AP Photo/Wayne Parry)

Atlantic City relents, sets vote on government change

Jan. 15, 2020 6:09 PM EST

ATLANTIC CITY, N.J. (AP) — Atlantic City voters will decide whether to change the city's form of government to eliminate an elected mayor now that the city admits proponents of the move have enough valid petition signatures to force a special election on the question. Mayor Marty Small said Wednesday the...

Sports betting bill gains momentum by clearing House panel

Jan. 15, 2020 11:25 AM EST

FRANKFORT, Ky. (AP) — A bill to legalize sports betting in Kentucky picked up bipartisan momentum Wednesday when a House committee voted unanimously to advance the measure that one estimate says would bring in about $22.5 million a year in new taxes. The measure sailed through the House Licensing,...

Group wants to build casino-hotel at Des Moines airport

Jan. 15, 2020 6:55 AM EST

DES MOINES, Iowa (AP) — A development group that wants to build a $225 million casino and hotel at the Des Moines airport said the project would help pay for a planned new terminal. Highview Development Group presented the plan to the Des Moines Airport Authority board on Tuesday. The complex would...

Kentucky Gov. Andy Beshear delivers the State of the Commonwealth Address to a joint session of the state legislature at the Kentucky State Capitol in Frankfort, Ky., Tuesday, Jan. 14, 2020. (AP Photo/Timothy D. Easley)

Kentucky governor reaffirms support for teacher pay raise

Jan. 14, 2020 9:32 PM EST

FRANKFORT, Ky. (AP) — Kentucky Gov. Andy Beshear reaffirmed his support for a teachers' pay raise and made a pitch to overhaul a criminal-justice system soaking up too much of the state's money as he delivered his first State of the Commonwealth speech to the Republican-dominated legislature. Speaking to a...

Vegas teachers file petition for casino tax hike initiative

Jan. 14, 2020 7:58 PM EST

LAS VEGAS (AP) — Las Vegas-area teachers want to ask Nevada voters to approve a state constitutional amendment to hike taxes on the largest casinos in the state to raise as much as $315 million a year. An initiative and petition filed Monday with state election officials is sponsored by a new political...