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February 19, 2013
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Gaming News By the Industry, For the Industry

  Top of the Deck 
  • Analysts: Higher payroll taxes could be a setback for casinos
    A higher payroll tax that goes with the expiration of a temporary 2% cut in the Social Security tax is a setback for the U.S. casino industry, according to analysts. "I think, for the most part, anything that is going to be a negative to consumers' discretionary spending is going to be a concern for the casino industry," said Fitch Ratings casino analyst Michael Paladino. The Press of Atlantic City (N.J.) (2/19)
  Industry Update 
  • Investors unveil site for proposed casino in Cedar Rapids, Iowa
    A group of investors that supports a casino project in Cedar Rapids, Iowa, is planning to build the gaming facility on a site near the Cedar River. "It would be a nice complement to a lot of the great things that the visionaries on the city council have done with the new hotel, convention center, the amphitheater, and could truly help with the revitalization and it would provide great accessibility to all of Linn County," said investor Steve Gray. KWWL-TV (Waterloo, Iowa) (2/18) LinkedInFacebookTwitterEmail this Story
 
  • Margaritaville Casino in Bossier City, La., begins to take shape
    Work on the Margaritaville Casino in Bossier City, La., is well under way. The casino, which will have 30,000 square feet of gaming space, will include a 900-seat event center and two restaurants. "There will be balcony seating and a VIP section. The configuration will put you very close to the performer on the stage," casino general manager Barry Regula said. KSLA-TV (Shreveport, La.) (2/18) LinkedInFacebookTwitterEmail this Story
 
  Tribal Gaming Spotlight 
  • Harrah's Cherokee resort offers new amenities
    The Harrah's Cherokee Casino Resort in North Carolina, which underwent a $650 million expansion, features many new amenities. Guests at the casino resort can now enjoy the improvements, which include the gaming facility's new slot machines and table games, high-end dining spaces, an 18,000-square-foot spa and retail shops. The Atlanta Journal-Constitution (2/18) LinkedInFacebookTwitterEmail this Story
  • Beloit, Wis., OK's land sale to Ho-Chunk Nation
    The Beloit, Wis., City Council voted unanimously on Monday to approve the sale of 41.5 acres of land to the Ho-Chunk Nation for $1.87 million. The tribe, which has filed an application for a casino with the Bureau of Indian Affairs, is planning to build a casino and convention center on the property. WISC-TV (Madison, Wis.) (2/18) LinkedInFacebookTwitterEmail this Story
  International Focus 
  • Cashless casino bar opens on China's Hainan island
    Investors worldwide are keeping an eye on a newly opened casino bar on the Chinese island of Hainan. The casino, which awards players with points instead of cash due to a gaming ban imposed by the Chinese government to areas outside Macau, is part of the new Mangrove Tree Resort World owned by real estate mogul Zhang Baoquan. "Our casino bar is the first in the country. The government is monitoring, it's a test. ... Right now we are not at this stage (legalizing casino gambling), but my personal opinion is, in future, there is a big possibility that they will have," Zhang said. Reuters (2/18) LinkedInFacebookTwitterEmail this Story
  • Taiwan's first casino may be completed by 2017, minister says
    A proposed casino resort on Taiwan's Matsu island could be completed by 2017 should amendments to the country's Offshore Islands Development Act pass and the gaming facility's construction goes well, says Yeh Kuang-shih, Taiwan's minister of Transportation and Communications. According to Yeh, a draft proposal for the casino project has already been made. The China Post (2/19) LinkedInFacebookTwitterEmail this Story
  Finance & Policy 
  • N.H. governor to testify in favor of casino bill today
    At the state House today, New Hampshire Gov. Maggie Hassan was expected to give testimony in support of a bill that would allow for a single casino to be built in the state. "It's a piece of a puzzle that puts us back on track to job growth and economic recovery. Everyone around us is doing this. If we don't, dollars will leave this state and we will be in a revenue-losing mode," said state Sen. Lou D'Allesandro, one of the nine state senators who cosponsored the bill. SeacoastOnline (Portsmouth, N.H.) (tiered subscription model) (2/18) LinkedInFacebookTwitterEmail this Story
  AGA & G2E News 
  • Stay connected to the NCRG on Facebook and Twitter
    Keep up-to-date on the latest research, training and resources about gambling disorders and responsible gaming by watching the National Center for Responsible Gaming's Twitter feed, Facebook page and Gambling Disorders 360˚, the NCRG's blog. Posts range from the NCRG's many public education activities and the findings from NCRG-funded research to a larger discussion of gambling disorders and responsible gaming. Connect with the NCRG today! LinkedInFacebookTwitterEmail this Story
  • Gain access to gaming's hottest markets: Exhibit space still available for G2E Asia 2013!
    With Asia now representing the industry's two highest grossing markets, Macau and Singapore, and with new projects under way in the Philippines, Vietnam, Korea and more, there's no better time or place to introduce your products and services than G2E Asia 2013. Taking place May 21-23 at the Venetian Macao, next year's show features a newly designed floor plan aimed at maximizing exposure for all companies, as well as many new advertising opportunities. For more information, contact Todd Sheahan in the United States at +1-203-840-5397 or by e-mail, or Lay Eng See in China at +86 21 2231 7028 or by e-mail. LinkedInFacebookTwitterEmail this Story
Learn more about AGA & G2E ->American Gaming Association  |  National Center for Responsible Gaming
Global Gaming Expo (G2E)  |  G2E Asia

  SmartQuote 
Everything that lives, lives not alone, nor for itself."
--William Blake,
British poet and painter


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