Category: Land Based Gaming and Casinos
Australian gaming companies seek $1 billion repayment
iGaming Business – Australian gaming companies Tabcorp and Tatts are seeking repayments of more than AUS$1 billion (€651.6 million/US$880.4 million) from the Victorian Government after changes were made to poker machine regulations. According to ABC Australian, the Supreme Court in Melbourne heard that Tabcorp is suing for nearly $700 million plus interest after claiming it as entitled to a payment when its poker machine licences expired in 2012. The Tatts Group is said to be seeking about $500 million from the Government in the Australian state of Victoria. The two companies held a duopoly to operate 27,000 gaming machines outside…
South Dakota Proposal Would Expand Gambling
Card Player – A proposal up for consideration in the South Dakota legislature would allow casinos in the city of Deadwood to be able to expand their gambling offerings. The authorization would come in the form of a constitutional amendment. The Associated Press reported that the State Affairs Committee voted 10-1 this week for the measure. It would also put the idea up to a referendum in November. At the present time, Deadwood casinos offer slot machines, poker and blackjack. They are seeking to also offer roulette, keno and craps. The move reportedly comes to keep pace with nearby states…
Atlantic City casino finds $2.7 million in counterfeit poker chips
New York Daily News – It was only a pipe dream. Workers cleaning a clogged sewer pipe at an Atlantic City casino may have thought they landed a $2.7 million windfall when they found more than 500 poker tournament chips. But the chips were counterfeit. The Harrah’s Resort and Casino employees unearthed the chips in the room of poker competitor Christian Lusardi, 42, of North Carolina, according to The Press of Atlantic City. Lusardi was taken into custody Friday at an Atlantic City motel, investigators said, accused of stuffing the chips into the pipe. The bad act spurred the cancellation…
Gaming operators’ partnerships with tribal casinos seem to be a win-win
Las Vegas Review-Journal – New casino development in Las Vegas is on lockdown. Gaming expansion into states beyond recently approved markets is virtually nonexistent. Those are two reasons regional casino giant and M Resort owner Penn National Gaming struck a deal with a San Diego-area Indian tribe to develop a long-stalled casino complex in Southern California. A third reason is simple. Penn National, which has 29 casinos nationwide, views the planned $360 million Hollywood Casino Jamul as an opportunity to increase its customer base in an untapped market. The development is 20 miles east of downtown San Diego, California’s second-largest…
Australia casino watchdog launches review of Crown’s Sydney gaming project
Reuters – An Australian casino regulator has formally launched a mandatory investigation into Crown Resorts Ltd’s fitness to operate a casino after it won approval to develop VIP gaming at a Sydney luxury resort from November 2019. In a notice published in newspapers on Wednesday, the Independent Liquor and Gaming Authority of New South Wales (NSW) called for public submissions regarding the approval of a restricted gaming licence to Crown, controlled by tycoon James Packer, at the Barangaroo development. “It is expected that the investigation will be completed in March 2014,” said a spokesman for the authority. That would be…
South Carolina Supreme Court hears tribal case for video gambling
The State – How the S.C. Supreme Court interprets the phrase “to the same extent” may determine whether the Catawba Indian Nation can open a casino at its York County reservation. Attorneys for the tribe and the state argued before South Carolina’s highest court Wednesday on whether the state’s Gambling Cruise Act, which allows video gambling cruises from the coast, applies to the Catawbas. Williams Wilkins, an attorney representing the Catawba Indian Nation, said the gambling cruise act and the state’s 1993 settlement with the tribe, when considered together, give the Catawbas the right to have gambling on their reservation….















