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Nevada casinos had a revenue decrease in January, but it was small compared to previous months. The gaming industry is hoping this signals a turnaround in the near future.
The last thing the Atlantic City casino industry needed was a harsh winter, but that is exactly what it got. Consequently, revenue continued to tumble at the city's eleven casinos in February.
The state of New York has expanded gambling much like many other states around the US, but they have also made sure there are plenty or resources for those with gambling addictions.
The economy apparently has reached the point where it has broken down San Jose City Council members. After rejecting the idea of expanded gambling two years ago, the Council has now voted to place the issue on the June ballot.
The Calder Casino & Race Course had to know that it was going to take time to catch up to other pari-mutuels when it came to slot revenue. That was evidenced this week by the revenue generated in the first month the slots were operating.
The Task Force on Illegal Gambling has successfully driven thousands of Alabama residents out of work with recent raids on gambling establishments. Tow of the biggest employers in the state remained closed as of Tuesday.
National Problem Gambling Awareness Week began on Monday and agencies all across the US are educating people on all of treatment options that are available for those with a gambling addiction.
Tropicana Entertainment has become the first major gaming company to emerge from bankruptcy caused by the economic recession. Billionaire Carl Icahn announced the news on Monday.
Las Vegas Sands will get their chance to share with lawmakers in Florida a vision of two major casino resorts in the state. The proposal will be shown to legislators on Wednesday.
The Tohono O'odham Nation's plans to build a mega-casino resort similar to those found in Las Vegas has sparked controversy in Arizona. It has drawn so much negative feedback, that lawmakers are looking to stop the plans.
The Florida Senate was unhappy last year when they sent a Bill to complete a gambling compact with the Seminole Indians and it was changed. Now, the Senate has again offered a compact, along with a take it or leave it attitude.
Governor Chet Culver understands that Iowa already has many casinos, but the governor is pushing gaming regulators to approve four new licenses in the state.
Helped out by new casino openings, Pennsylvania slot revenue was up almost sixteen percent in February from the same period in 2009. The addition of table games should further increase revenue in the near future.
Governor Charlie Crist has proclaimed March 7th through March 13th Problem Gambling Awareness week in Florida. The United Way of Broward County Commission on Substance Abuse will be one of the groups participating in raising awareness.
Pinnacle Entertainment has a history with the state of Missouri and St. Louis in particular. On Friday, that history got a little stronger when the company opened their new River City Casino.
Carl Icahn has become well-known for his acquisitions of bankrupt casinos in Atlantic City and this week he can add another property to his name. Icahn has won the rights to purchase the Tropicana Casino and Resort.
Pinnacle Entertainment won an appeal in court on Wednesday of a Missouri Gaming Commission ruling that the company could not replace the President Casino, but the appeal ruling may not allow the casino to stay open.
The Mount Airy Resort Casino was fined on Wednesday by the Pennsylvania Gaming Control Board for allowing underage gambling at the casino on six separate occasions late last year.
As if the recession was not enough, the Atlantic City casino industry has had to endure a Winter with unusually high amounts of snow in New Jersey, causing millions of dollars in revenue loss.
The casino industry in Macau is once again booming, as evidenced by the latest revenue figures from February. Revenue was up seventy percent from the same period in 2009.
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