Archive for December, 2013

Vegas: 2014 and Beyond
December 28th, 2013 By John Marsh

Vegas: 2014 and Beyond

Since 2010 when the Cosmopolitan of Las Vegas opened, there has not been a new megaresort built in Sin City. But Malaysia-based Genting Group has announced they will begin construction on Resorts World Las Vegas  this year, a project that is expected to cost between $2 billion and $7 billion. The 87-acre site where construction […]

And Then There Were 11 Atlantic City Casinos
December 26th, 2013 By April Bergman

And Then There Were 11 Atlantic City Casinos

Unfortunately, the economic hardships of the land-based gambling industry in the US, particularly Atlantic City, have finally hit hard enough that New Jersey’s sixth oldest casinos will shut its doors forever in the new year. The Atlantic Club Casino Hotel, which first opened in 1980 by Steve Wynn as the Golden Nugget will close down […]

Wynn One Step Closer to Eastern Massachusetts Casino Licesnse
December 21st, 2013 By Stan McCormick

Wynn One Step Closer to Eastern Massachusetts Casino Licesnse

The investigative bureau for the Massachusetts Gaming Commission has announced that their recommendation for the regulatory board to find Wynn Resorts to be a suitable fit for the new Massachusetts gambling industry to set up shop in Everett, Massachusetts, pending the receipt of the sole eastern Massachusetts casino license. The commission released a report Monday […]

Wynn on Online Gambling
December 21st, 2013 By Stan McCormick

Wynn on Online Gambling

“I’m not sure as I stand here where online gaming is going. Within the state of New Jersey it’s legal. Its status in America is much in doubt,” said Steve Wynn, Wynn Resorts Ltd. Chairman. He feels undecided about whether or not New Jersey’s legal regulation of online gambling will have an effect on federal […]

New Jersey Online Poker Proves Successful Thus Far
December 18th, 2013 By April Bergman

New Jersey Online Poker Proves Successful Thus Far

Of the three US states that have regulated and legalized US poker this year, New Jersey is proving to have the most success. Nearly 100,000 New Jersey online gambling accounts have been registered since the launch late last month. As of December 15th, according to state regulators, the exact number of registered accounts is 91,531, […]

Casino Rewards App Peaks Colorado Online Gambling Interest
December 18th, 2013 By Stan McCormick

Casino Rewards App Peaks Colorado Online Gambling Interest

As states look to online gambling one by one, more seem to follow. This year, three states regulated intrastate online gambling, Nevada, Delaware, and New Jersey just last month. But it would be presumptuous to assume that there won’t be at least twice that many to legalize some form of online gambling in 2014, and […]

Atlantic City Still Falls Short; State to Study Expansion
December 16th, 2013 By April Bergman

Atlantic City Still Falls Short; State to Study Expansion

For more than three decades New Jersey gambling has been limited to Atlantic City (and now online), but a long-standing fight over casino expansion outside of Atlantic City has come up once again in the state Legislature. Members of the Assembly gaming committee are considering creating a separate commission to examine the industry and the […]

Las Vegas Sands Abandons $30 Billion EuroVegas in Madrid
December 15th, 2013 By April Bergman

Las Vegas Sands Abandons $30 Billion EuroVegas in Madrid

Billionaire casino mogul and anti-online gambling advocate, Sheldon Adelson made a decision last week to abandon plans to build a $30 billion casino and leisure resort in Madrid, Spain after the Spanish government failed to grant concessions and other favors requested by Adelson. Owner of Las Vegas Sands, Adelson made the decision to desert the […]

Caesars Sues Mass. Gaming Commissioner
December 13th, 2013 By April Bergman

Caesars Sues Mass. Gaming Commissioner

After a rough road over the past few months and rejection by the Massachusetts Gaming Commission for a Massachusetts license, Caesars Entertainment has filed a federal lawsuit against the commission chairman Stephen Crosby after it has become apparent that Crosby is connected with a property owner who could benefit from a casino in Everett, Massachusetts. Back […]

US Casino Expansion Not Good for Some States
December 10th, 2013 By April Bergman

US Casino Expansion Not Good for Some States

Delaware isn’t the first state to fall victim to the sting of US casino expansion competition, but the casinos are taking action rather than sitting back and letting other state’s casinos steal their revenue. Already struggling to stay afloat, the embattled Delaware gaming industry has made a plea to state lawmakers begging for help or […]

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