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May 16, 2012
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Gaming News By the Industry, For the Industry

  Top of the Deck 
  • Ill. Senate leader introduces online gambling bill
    Illinois Senate President John Cullerton introduced a plan Tuesday to boost the state's revenue by creating an Internet gambling platform within the state's lottery. "Certain forms of iGaming, especially poker, rely on large pools of potential players, and states that move swiftly to design a system that captures the widest audience of participants will have an advantage in terms of long-range success," Cullerton said in a letter to the Legislature. In March, Illinois began offering Internet lottery ticket sales, which has generated about $1.8 million statewide. Chicago Tribune (5/15) LinkedInFacebookTwitterEmail this Story
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© 2012 IGT. All rights reserved. © EPE, Reg. U.S. Pat & TM Off. All other trademarks are owned and/or registered by IGT and/or its licensors in the U.S. and/or other countries.
  Industry Update 
  • Majestic Star sells Black Hawk, Colo., casino for $28 million
    Majestic Star Casino is selling its gambling facility in Black Hawk, Colo., to Saratoga Harness Racing for $28 million. The Fitzgeralds Black Hawk casino, which opened in 1995, has 587 slot machines and 11 table games. Saratoga said the acquisition deal is expected to close before the year ends. The Denver Post (5/15) LinkedInFacebookTwitterEmail this Story
  • Station Casinos emerges profitable in Q1
    Station Casinos said its net revenue rose 8.4% to $318.2 million in the first quarter. The company, which owns 17 Las Vegas casinos, reported a quarterly profit of $6.8 million. "Our first-quarter results were the best quarterly results we have achieved in three years. In addition to being able to drive significant revenue growth during the quarter, we were also able to bring 73 percent of the revenue increase to the bottom line," said Station chief financial officer Marc Falcone. (Las Vegas) (5/15) LinkedInFacebookTwitterEmail this Story
  • Ottawa, Ill., passes ordinance allowing video gambling
    The City Council in Ottawa, Ill., approved an ordinance Tuesday allowing legalized video poker terminals. "What this will do is amend both liquor ordinance and our nuisance ordinance to say that gaming devices are still illegal except for those sanctioned by the Illinois Gaming Board," Mayor Robert Eschbach said. In 2009, the state's General Assembly passed the Video Gaming Act, which allows a maximum of five video poker machines in truck stops, fraternal organizations, and establishments with liquor licenses. The Times (Ottawa, Ill.) (5/16) LinkedInFacebookTwitterEmail this Story
The Gaming Technology Summit 10th anniversary
June 11-13 · Green Valley Ranch Resort & Spa, Las Vegas

Senior-level and IT executives participate on topics including internet and mobile gaming, social media and technology's marketing impact. A must-attend year for gaming operators preparing for interactive technologies. Early bird PRICING ends 5/25. Get more information or register.
  Issues, Trends & Technology 
  • Mass. commission approves temporary plan for racing industry
    The Massachusetts Gaming Commission on Tuesday approved a temporary plan for its mandatory takeover of the state Racing Commission. According to the plan, the Division of Professional Licensure will continue to manage the industry, and appeals will be heard by commission member Gayle Cameron. Commission Chairman Stephen Crosby, who had hoped to postpone the takeover, said "nothing will change for the folks in the racing world." The Boston Globe (tiered subscription model) (5/16) LinkedInFacebookTwitterEmail this Story
  • reports increased Q1 net revenue Digital Entertainment reported revenue of $275.8 million in the first quarter, which the company attributed to increased casino and gaming revenues. The Gibraltar-based company said it expects a license from the German state of Schleswig-Holstein to offer Internet gambling. "Whilst the political situation remains unclear, we expect more licenses to be issued by Schleswig-Holstein shortly and that we will also receive a license," said. Reuters (5/16) LinkedInFacebookTwitterEmail this Story
  Tribal Gaming Spotlight 
  • Calif. tribal casino could open next year, Station says
    Station Casinos said it expects construction of the Federated Indians of Graton Rancheria's tribal casino outside Rohnert Park, Calif., to start in a few months. "We anticipate starting construction on the project this summer and opening by the end of 2013," the Las Vegas-based company said in a statement. The tribe's gambling compact, which the California Assembly ratified last week, is now being reviewed by the federal government. The Press Democrat (Santa Rosa, Calif.) (5/15) LinkedInFacebookTwitterEmail this Story
  International Focus 
  • Okada banks on plan to expand with new casinos, restaurants
    Japanese tycoon Kazuo Okada is banking on his expansion plan to build new casinos and restaurants in Asia and in major cities around the world. Okada, who opened a 25,000-square-foot restaurant complex Tuesday in Hong Kong, is building a $2 billion casino resort in the Philippines. "We want to be the No. 1 casino company in the world," Okada said. The owner of Universal Entertainment is also in talks to build a casino in South Korea. Reuters (5/15) 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
  • G2E 2011 featured session recording: Thrive Together: Driving Land-based Business through Online Gaming
    The fear that players will only gamble at home over time is overblown. In the G2E 2011 session recording Thrive Together: Driving Land-based Business through Online Gaming, you will learn how online gaming can enhance your land-based operation. Learning these new marketing opportunities will help increase brand recognition, build intimate player connections, strengthen loyalty and bring customers to your casino floor. Listen to the whole session recording, and don't forget that G2E 2012 takes place Oct. 1-4 at The Sands Expo & Convention Center! LinkedInFacebookTwitterEmail this Story
Learn more about AGA & G2E ->American Gaming Association  |  National Center for Responsible Gaming
Global Gaming Expo (G2E)  |  G2E Asia

  Featured Content 

I finally figured out the only reason to be alive is to enjoy it."
--Rita Mae Brown,
American writer

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