Illinois casino bill full of side deals

From Chicago Tribune Buried more than 400 pages into the 524-page gambling expansion bill that would bring a casino to Chicago are directions for splitting some of the state’s take to create new ways to pay for the pork-barrel projects politicians covet. Money from the new casinos and slot machines at horse racing tracks would be steered to a new “depressed communities economic development fund,” a “Latino community economic development fund,” grants to the State Fairgrounds and county fairs, funding for equine research, soil and water conservation, cooperative extension services and an annual grant to the Chicago Botanic Garden. Other…

Illinois to reconsider online gambling

From Chicago Business Language on a long-expected proposal to bring widespread Internet gambling to Illinois finally has surfaced in Springfield, and by all indications the plan will be both highly lucrative and highly controversial. The language was circulated late Tuesday, according to my source, by aides to Senate President John Cullerton, who long has said he wants to legalize online gambling because of the potential payoff in state revenue but has separated the issue from the proposed expansion of casino gambling. Mr. Cullerton’s office didn’t officially confirm that something is coming. But his spokesman promised “details to come” — and…

Zip Line Ride 400 Feet Up on Rio Casino

From Card Player Caesars Entertainment Corp. and another firm are developing a zip line-like ride between the two towers of the Rio Hotel and Casino, according to the Las Vegas Review-Journal. The project is not expected to be done in time for the summer World Series of Poker, however. The project is being called the “Voodoo Skyline” and it will send guests flying 400 feet above the ground between the two sections of the massive casino. “It’s going to be different than a typical zip line,” one of the developers said. “This type of system is viewed as much safer…

Internet Gambling a Boon for Atlantic City?

The folks who write the checks that help keep Atlantic City’s casinos afloat say internet gambling can help revive the market’s flagging fortunes. Speaking at The East Coast Gaming Congress Wednesday, a panel of Wall Street analysts said the investment community views Internet gambling as a way to finally end the city’s seven-year losing streak. The state plans to offer online bets by the end of the year. “I’m probably one of the more bullish people on this,” said David Berman, senior managing director of Macquarie Capital. “It’s a big boon for Atlantic City and New Jersey.” Internet gambling will…

Belmont Stakes: Oxbow vs. Orb in the cards

Another year, another Triple Crown hopeful unable to come through. After Oxbow upset Kentucky Derby winner Orb in Saturday’s Preakness to extend racing’s Triple Crown drought to 36 years, the next best alternative for the Belmont Stakes is a rematch. And, it appears one is in the making. Both trainers are giving every indication their classic-winning colts will run in the Belmont on June 8. “You know me,” Hall of Fame trainer D. Wayne Lukas said after Oxbow’s 1¾-length victory over Itsmyluckyday, with 3-5 favorite Orb finishing fourth. “I like to rack them up in the big events. So, I’ll…

New Hampshire House To Vote On Casino Bill

From Card Player The Associated Press reported that the New Hampshire House is voting Wednesday on whether the state should expand gambling. In an effort to keep pace with neighboring Massachussets, the bill would allow 5,000 slot machines and 150 table games at an already existing gambling facility. Supporters reportedly are arguing for much needed increases in tax revenue while opponents say a casino will increase addiction for some persons in the state, as well as potentially cause damage to New Hampshire’s apparent family-friendly image. New Hampshire’s casino bill is in the House after passing the Senate this spring. Its…

Gaming in Holland Conference Highlights Opportunities in a Regulated Market

From iGaming Business The second annual Gaming in Holland Conference is taking place on the 10th June 2013 and is a part of the iGaming Super Show, which is being held in Amsterdam on the 11th – 14th June 2013. “The iGaming Super Show is a phenomenal trade show, and when we found out they were coming to Amsterdam we immediately teamed up with them. Our target audiences have strong overlaps, and we wanted people to be able to save time and money by attending both events in one trip,” said Willem van Oort, Conference Producer for Gaming in Holland….

NFL betting market shaping up in Las Vegas

From Sporting News The LVH SuperBook released its NFL season win totals and games of the year point spreads on Sunday. The SuperBook, the first Nevada shop to post lines on NFL Week 1 games, followed with numbers on 80 more games on Sunday. Heading into the final full week of May, the LVH joins Cantor Gaming as the only Las Vegas sports books to have NFL point spreads open for betting – and there are some big differences in opinion between the two shops on a few teams, most notably the New England Patriots. — The SuperBook opened the…