Monday, May 21, 2012 8:39 am

State casinos falling down on their luck – Fort Wayne Journal Gazette

May 20, 2012 by · Leave a Comment 

Toledo Blade State casinos falling down on their luckFort Wayne Journal GazetteINDIANAPOLIS – With one new Ohio casino opening last week and another targeting Fort Wayne with ads in preparation for its upcoming debut, Indiana's decades-old casino industry is at a critical juncture. Revenue and taxes from the state's 13 casinos …Stage nearly set at [...]

WENDY J. MURPHY: Gov. Deval Patrick wrong to gamble on integrity those working … – The Patriot Ledger

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WENDY J. MURPHY: Gov. Deval Patrick wrong to gamble on integrity those working …The Patriot LedgerBy Wendy J. Murphy Only in Massachusetts can a sitting governor declare without blinking that people who want jobs in the new casino industry shouldn't have to submit to a thorough background check. It's worse than that. Gov.

Kelly McParland: Casino dream has visions of Las Vegas dancing in Toronto heads – National Post

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National Post Kelly McParland: Casino dream has visions of Las Vegas dancing in Toronto headsNational PostThe province is already attracting big names from the glitz and entertainment industry. MGM Resorts International executives suggested they'd be willing to invest up to $6 billion in a combined gambling/entertainment/shopping complex. and more »

Pennsylvania leads US in tax windfall from gambling – The News Journal

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Bloomberg Pennsylvania leads US in tax windfall from gamblingThe News JournalThe Keystone State is one of 22 raking in casino gambling tax revenue. Yet its tax rates on the games are as much as seven times higher than Nevada's. In 2011, Pennsylvania took in almost $1.5 billion from the industry as table games introduced in [...]

Gambling expansion expected to get another look in Legislature – Northwest Herald

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Gambling expansion expected to get another look in LegislatureNorthwest HeraldThe problem, said both Lang and Link, is that a gambling expansion bill can't pass unless it allows slots at tracks. "I cannot pass a bill that doesn't satisfy the horse racing interests in the state of Illinois," Lang said. The horse racing industry … and [...]

Casino developer: Unchecked expasion will harm industry – TheDay.com

May 18, 2012 by · Leave a Comment 

The Star-Ledger – NJ.com Casino developer: Unchecked expasion will harm industryTheDay.comThat sentiment was voiced repeatedly at The East Coast Gaming Congress, a major annual casino industry conference, held this year in the newly opened Revel casino resort in Atlantic City. The $2.4 billion Revel is being counted on to help turn around …Lieutenant governor remains [...]

Online betting bill advances in Delaware House – CBS News

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DFM News Online betting bill advances in Delaware HouseCBS NewsThe House Gaming and Parimutuels Committee voted Thursday to release the bill, despite objections from anti-gambling advocates and complaints from the state's harness racing industry that it would not get its fair share of gambling proceeds.Expanded gaming bill advances in HouseThe News JournalDebate begins over gambling [...]

Pennsylvania Leads US in Gaming With Tax Windfall – BusinessWeek

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Bloomberg Pennsylvania Leads US in Gaming With Tax WindfallBusinessWeekThe Keystone State is one of 22 raking in casino gambling tax revenue. Yet its tax rates on the games are as much as seven times higher than Nevada's. In 2011, Pennsylvania took in almost $1.5 billion from the industry as table games introduced in 2010 …Panel: [...]

The Best Way to Invest in the Global Gambling Surge – TheStreet.com

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Wall Street Journal The Best Way to Invest in the Global Gambling SurgeTheStreet.comBefore the credit crisis, gambling was thought to be recession-resistant, but total industry revenue plummeted along with rising unemployment. WMS, though, experienced steady sales growth, which speaks to a benefit of the gaming suppliers.Gambling Revenue for the State of Nevada Falls for the [...]

Gambling, telecom bolster lobbying bottom line – Jacksonville Daily Record

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Gambling, telecom bolster lobbying bottom lineJacksonville Daily Recordby Jim Saunders, The News Service of Florida The 2012 legislative session was a good time for lobbyists to know about the rapidly changing telecommunications industry or to hook up with a casino company. That much is obvious from newly filed …

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