Latest Gambling industry News

Indiana casino boat with effect on Louisville turns 20

Nov. 17, 2018 11:29 AM EST

LOUISVILLE, Ky. (AP) — Two decades ago, a Las Vegas company bet a small fortune — $300 million — that a riverboat casino downriver from Louisville could strike a gusher of cash. Now, as the former Caesars riverboat marks its 20th anniversary, there's little question among community leaders,...

Pension, gambling laws among Legislature session highlights

Nov. 16, 2018 3:48 PM EST

HARRISBURG, Pa. (AP) — Pennsylvania state lawmakers wrapped up their session this week with the election of caucus leaders and farewell speeches by departing colleagues, closing the book on two years that produced nearly 250 new laws. Their most high-profile debate , however, ended inconclusively when...

Commissioners block Sioux Falls casino project

Nov. 16, 2018 8:31 AM EST

SIOUX FALLS, S.D. (AP) — Sioux Falls planning commissioners have blocked a plan for another storefront casino on a street that already has a number of gaming options. The commissioners have rejected a conditional use permit that was needed for the casino to serve alcohol, causing businessman Johnny Phung...

Nearly $600M bet on sports in New Jersey in 4 ½ months

Nov. 15, 2018 3:20 PM EST

ATLANTIC CITY, N.J. (AP) — New Jersey's red-hot sports betting market blew past the half-billion dollar mark in October, with nearly $600 million worth of bets having been made in just four and a half months. Figures released Thursday by the state Division of Gaming Enforcement show gamblers wagered $260...

Revenues dip at MGM's Massachusetts casino in 2nd month open

Nov. 15, 2018 2:21 PM EST

BOSTON (AP) — Gambling revenues at MGM Springfield have dropped in the second full month of operation at Massachusetts' first resort casino. The state Gaming Commission reported Thursday the casino near Connecticut generated $22 million revenues from gambling, down 18.5 percent from $27 million in...

Sprinkler extinguishes fire in Vegas hotel's ice cream shop

Nov. 15, 2018 9:37 AM EST

LAS VEGAS (AP) — Authorities in Las Vegas say an automatic fire sprinkler immediately extinguished a fire in a display cooler of the ice cream shop of a downtown hotel and casino. The Fire Department says the incident early Thursday morning was contained to the shop on the second floor of the California...

Connecticut casinos see revenue dip amid MGM competition

Nov. 14, 2018 7:17 PM EST

MASHANTUCKET, Conn. (AP) — The Foxwoods Resort Casino is reporting a 10 percent decline in slot-machine revenue for October as it feels effects of competition including the new MGM Springfield casino across the state line in western Massachusetts. The $34.4 million it kept in slots revenue after paying out...

Deadwood group to ask lawmakers for sports betting amendment

Nov. 14, 2018 6:19 PM EST

SIOUX FALLS, S.D. (AP) — Four years after South Dakota enthusiastically voted to allow Deadwood casino patrons to play keno, craps and roulette, a gambling industry group plans to ask state lawmakers for a 2020 ballot measure to bring legal sports betting to the historic mining town. The push comes after...

Editorials from around New York

Nov. 14, 2018 5:33 PM EST

Recent editorials of statewide and national interest from New York's newspapers: ___ The Post-Star on the voters and the immoral behavior of candidates. Nov. 11 The question raised by the 1972 movie "The Candidate," starring Robert Redford, is whether winning a political campaign is worth compromising or even...

Cleveland Cavaliers owner selling Detroit casino in $1B deal

Nov. 14, 2018 2:52 PM EST

DETROIT (AP) — Businessman and Cleveland Cavaliers owner Dan Gilbert has reached a $1 billion agreement to sell the Greektown Casino-Hotel in downtown Detroit, one of the city's three casinos, companies involved in the deal announced Wednesday. The move marks the latest in billions of dollars in...