Category: Land Based Gaming and Casinos
Foxwoods & Mohegan Sun Threaten Slot Revenue Over Sports Betting
Connecticut’s two largest tribal casinos, Foxwoods & Mohegan Sun, are threatening to cut off slot machine revenue from their casino resorts if sports betting is authorized statewide. In a letter to House Speaker Joe Aresimowicz, D-Berlin, and other legislative leaders, the Mohegan and Mashantucket Pequot tribes said a bill before the General Assembly to legalize sports betting would violate the compact between the tribes and the state. That means the state’s 25 percent take from slot revenue at the Foxwoods and Mohegan Sun casinos — some $250 million a year — could be cut off unless a deal is struck…
Wynn Boston Harbor Casino Project Will Definitely Change Its Brand
After a recent hearing at the Massachusetts Gaming Commission, Wynn Boston Harbor President Robert DeSalvio told the press that the company will “definitely” rebrand the project. When asked about what the new brand of the towering integrated resort will be, DeSalvio didn’t reveal any details, only saying that it is “under active consideration right now”. But some recent internet domain name acquisitions made by the company point to the potential use of the “Encore” brand, at least in relation to this project. According to the paper, Wynn Resorts Holdings has registered at least nine internet domains using this brand, including…
Wynn Resorts Removing “Wynn” Name from Massachusetts Casino
Wynn Resorts has renamed the $2.5 billion casino it’s building outside of Boston to Encore Boston Harbor, as the company continues to take steps to distance itself from founder Steve Wynn after sexual misconduct allegations. New CEO Matthew Maddox confirmed the long speculated change to state gambling regulators Friday as they considered the company’s request to remove Wynn’s name from its Massachusetts casino license. Wynn resigned as chairman and CEO and later sold his company shares following the allegations, which he denies. “This company is not about a man. Steve Wynn is not Wynn Resorts,” Maddox said. The company “…is…
Louisiana Considers ‘Serious expansion of gaming’
Betting on sports would become legal at gambling facilities throughout Louisiana – even at bars and restaurants – under legislation approved Tuesday by a Senate committee. Senate Bill 266 would authorize gambling on sports at the Harrah’s New Orleans casino, the 15 floating casinos, the four racetrack casinos, the 200 video poker truck stop casinos and the more than 1,000 bars and restaurants with video poker machines. The legislation, approved by the Judiciary B Committee, now moves to the full Senate for consideration. SB266 becomes the first measure this year to win approval before a legislative committee that would clearly…
Richard Branson Buys Hard Rock in Las Vegas
The Hard Rock hotel and casino in Las Vegas is in for a makeover after billionaire Richard Branson announced he would purchase the spot. The site will continue to operate as part of the Hard Rock brand through 2019, the Associated Press reported, then it will become Virgin Hotels Las Vegas. The hotel is also expected to undergo “hundreds of millions of dollars” worth of renovations over multiple phases, though it will remain open during that time. The Hard Rock name is also associated with the location’s popular day club. However, there is no word yet on whether the venue…
The AGA Adds Online Gambling Members
The American Gaming Association (AGA) has announced the addition of six new companies as board-level members. GVC Holdings PLC, Paddy Power Betfair, Stars Group, BMM Testlabs, Golden Entertainment and Choctaw Casinos and Resorts will all be represented on the AGA board of directors. Confirmation of the new additions comes after the AGA last week entered into a strategic alliance with BMM, under which the latter will share its expertise on gaming and regulatory issues with the AGA and its members. Geoff Freeman, president and chief executive of the AGA, said: “More than ever before, AGA’s diverse membership reflects the broad…




















