Latest Gambling industry News

2 more Pennsylvania casinos open up for sports betting

Dec. 13, 2018 12:08 AM EST

HARRISBURG, Pa. (AP) — Two more casinos in Pennsylvania are about to start up with sports betting. Rivers Casino in Pittsburgh and SugarHouse Casino in Philadelphia are beginning test periods Thursday. The Pennsylvania Gaming Control Board says that, if all goes well, the casinos can start regular...

Chicago mayor's pension fix includes legal marijuana, casino

Dec. 12, 2018 4:10 PM EST

CHICAGO (AP) — Chicago Mayor Rahm Emanuel wants to legalize marijuana and open a city-owned casino to help pay down the city's $28 billion public-pension debt. Emanuel's proposal also calls for issuing up to $10 billion in pension obligation bonds and changing the state constitution to allow cuts to...

New Jersey sports betting market closing in on $1B mark

Dec. 12, 2018 3:23 PM EST

ATLANTIC CITY, N.J. (AP) — New Jersey's sports betting market is closing in on the $1 billion dollar mark after less than six months of operation. Figures released Wednesday by the state Division of Gaming Enforcement show New Jersey's casino and racetrack-based sports books took in over $330 million worth...

Rising gambling tax revenues fill US Bank Stadium's reserves

Dec. 12, 2018 11:27 AM EST

ST. PAUL, Minn. (AP) — Tax revenues from charitable gambling are generating so much revenue for paying off the debt for U.S. Bank Stadium that Minnesota officials say corporate taxes are no longer needed for that purpose. The state projects that the stadium's reserve account will hit $193 million by 2012,...

Ocean Resort ramping up concerts to compete in Atlantic City

Dec. 10, 2018 12:36 PM EST

ATLANTIC CITY, N.J. (AP) — The Ocean Resort Casino is joining with a major concert promoter to expand its entertainment offerings as it seeks to compete in the cutthroat Atlantic City nightlife market. The casino announced a deal Monday with The Bowery Presents/AEG to stage concerts at the Boardwalk...

Tribe moves closer to getting approval for casino project

Dec. 9, 2018 10:26 AM EST

FRUITPORT TOWNSHIP, Mich. (AP) — Federal regulators have scheduled a public hearing this week on a proposed casino in western Michigan. The Little River Band of Ottawa Indians wants to turn a former race track, Great Lakes Downs, into a casino in Fruitport Township, about 30 miles northwest of Grand...

Las Vegas baseball Triple-A team unveils new 'Aviators' name

Dec. 8, 2018 5:55 PM EST

LAS VEGAS (AP) — The minor league baseball team formerly called the 51s will debut at its new suburban ballpark in April as the Las Vegas Aviators. Team owner the Howard Hughes Corp. unveiled the new name and logo Saturday near the 10,000-seat stadium being built at the company's Downtown Summerlin...

Lottery to give update on jackpot, other items to lawmakers

Dec. 8, 2018 11:04 AM EST

COLUMBIA, S.C. (AP) — The head of the South Carolina lottery is preparing to talk to lawmakers who probably have more than a billion things on their minds. South Carolina Education Lottery Director Hogan Brown is set to give an update on the state of the lottery to lawmakers Tuesday. Brown is likely to...

Mohegan Sun says MGM Springfield hurting profits

Dec. 7, 2018 9:39 AM EST

UNCASVILLE, Conn. (AP) — Mohegan Sun is reporting that MGM's new casino in Massachusetts is taking a bite out of its profits. The company reported Thursday that net revenues at its flagship Connecticut casino dropped about three percent in the quarter that ended Sept. 30. Mohegan Sun, which also operates a...

Arkansas Racing Commission preparing to draft casino rules

Dec. 6, 2018 8:01 PM EST

LITTLE ROCK, Ark. (AP) — The Arkansas Racing Commission is set to draft rules for operating the state's first fully developed casinos after voters approved a measure to expand gambling in the state last month. The commission must approve the new regulations by March 14, the Arkansas Democrat-Gazette...