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October 10, 2012
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Gaming News By the Industry, For the Industry

  Top of the Deck 
  • Mass. commission to begin accepting casino proposals next week
    Members of the Massachusetts Gaming Commission voted Tuesday to begin accepting initial proposals on Oct. 15 from companies interested in building gaming facilities. Up to 10 casino developers are expected to submit bids to the state. "It's huge. This is a big step, and we're excited to get it going," commission Chairman Stephen P. Crosby said. The commission has set Jan. 15 as the deadline for submissions. The Republican (Springfield, Mass.) (10/9) LinkedInFacebookTwitterEmail this Story
Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

  Industry Update 
 
  • Taxing district approved for new racino outside Cincinnati
    Commissioners of Warren County, Ohio, have given the green light to creation of a taxing district for a new racino outside Cincinnati. The approved plan means the three-quarters of the property taxes collected will go to a commissioner-controlled fund that will pay for public improvements near the track property. Work on the Lebanon Raceway, which would include up to 2,500 video lottery terminals, could start in December and be completed by late next year. Cincinnati.com (10/10) LinkedInFacebookTwitterEmail this Story
  • Former executive rejoins MGM Resorts
    Lorenzo Creighton, the former president of MGM Grand Detroit Casino, has rejoined MGM Resorts International. Creighton will work on the company's plans for developing resorts in eastern markets in the U.S. He returns to MGM from Canadian casino operator Gateway Casinos, where he served as CEO. Las Vegas Review-Journal (10/9) LinkedInFacebookTwitterEmail this Story
  • GPI is focused on creating good customer relationships, exec says
    Gaming equipment supplier Gaming Partners International is keeping its focus on maintaining and creating good relationships with its customers rather than on competing with them. "We are a one-stop shop when it comes to the table side of the business, and we are focused on that. We've refocused our development efforts on developing collaborative relationships with core customers around the world to make sure we address needs they have, whether it be coming up with new products or coming up with new security features," said Kirsten Clark, a GPI executive. VegasInc.com (Las Vegas) (10/9) LinkedInFacebookTwitterEmail this Story
The ROI of Privacy with TRUSTe Solutions
Investment in a Data Privacy Management Platform can deliver significant, positive financial returns for corporate bottom lines. The "Total Economic Impact (TEI) of TRUSTe" Study explains how Forrester Analysts calculated a 151% ROI for TRUSTe customers. Download the study now.

  Issues, Trends & Technology 
 
  • Ill. activates video gambling machines statewide
    Video gambling machines in Illinois are now operational in 65 establishments. More than 300 businesses and organizations have been licensed by the Illinois Gaming Board. "The IGB's staff has done a tremendous job to ... bring this new industry to Illinois," said board Chairman Aaron Jaffe. A law allowing video gaming in the state was passed in 2009 to help finance a $31 billion refurbishment program for roads, schools, bridges and other infrastructure in the state. CNBC/The Associated Press (10/9) LinkedInFacebookTwitterEmail this Story
  • Cedar Rapids, Iowa, supports group's casino plans
    The Cedar Rapids, Iowa, City Council has approved a memorandum of understanding in support of a group of investors and businessmen planning to build a casino in the city. According to the document, the council agreed to "assist" Cedar Rapids Development and the Linn County Gaming Association, its nonprofit partner, in securing a gaming license from the state gaming commission. KCRG-TV (Cedar Rapids, Iowa) (10/9) LinkedInFacebookTwitterEmail this Story
Follow the G2E 2012 story on Storify and Social Media!
Follow everything that happened during G2E 2012 at www.storify.com/G2EVegas12 and don't forget to connect with G2E and the gaming industry on LinkedIn, Twitter, Facebook, YouTube and the G2E Blog.

If you couldn't make it, don't miss out on the iGaming Virtual Ticket.
  iGaming 
  • N.J. approves regulations on mobile gambling
    New Jersey has cleared regulations that would allow patrons to use mobile devices for gambling on casino hotel premises. "We are looking forward to having Atlantic City casinos take advantage of mobile gaming and we see these regulations as one more step in the expansion of gaming opportunities afforded to Atlantic City customers," said David Rebuck, director of the state Division of Gaming Enforcement. Casinos will need regulatory approval before wireless play can begin at their facilities. The Press of Atlantic City (N.J.) (10/10) LinkedInFacebookTwitterEmail this Story
  AGA & G2E News 
  • Part of responsible gaming is understanding the odds
    Whether you play slots, craps, blackjack, roulette or any other game in a casino, it is important to remember that games of chance are based on random outcomes and always favor the casino. Understanding this fact is an important part of responsible gaming. Learn more about the "house advantage" here, and pass the information on to your patrons and employees. LinkedInFacebookTwitterEmail this Story
  • Catch everything that went down at G2E 2012 on LinkedIn, Twitter, Facebook, YouTube and the G2E Blog
    Check out everything that happened last week at G2E and with what's going on in the gaming industry today by connecting with G2E on LinkedIn, Twitter, Facebook, YouTube and the G2E Blog. LinkedInFacebookTwitterEmail this Story
Learn more about AGA & G2E ->American Gaming Association  |  National Center for Responsible Gaming
Global Gaming Expo (G2E)  |  G2E Asia

  SmartQuote 
No need to hurry. No need to sparkle. No need to be anyone but oneself."
--Virginia Woolf,
British writer


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