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Updated: 4 min 24 sec ago
The owner of the HQ Night Club and HQ Beach Club at the Revel casino in Atlantic City, N.J., has filed a complaint in U.S. bankruptcy court to keep the clubs operating despite the casino's closure. Idea Boardwalk LLC, which operates the two nightclubs, invested $16 million in their $80 million construction. The two nightclubs have separate entrances from the casino property. The Philadelphia Inquirer (9/3)
Brian Wise, a managing partner of Wise Public Affairs and senior adviser to the U.S. Consumer Coalition, said Operation Choke Point, a joint program by the Federal Deposit Insurance Corp. and Justice Department designed to combat consumer fraud, could hurt legitimate casino operations and either lead to banks ending business with legitimate casinos or requiring even more detailed information from casinos. "In practical terms, the bank is no longer just responsible for knowing how the casinos, for instance, are getting their money, but now they are responsible for knowing how the casinos’ customers are getting their money. It is an impractical standard which will make compliance impossible for banks and casinos," he writes. Las Vegas Review-Journal (9/4)
A recent poll of Massachusetts voters found that 59% support casinos in the state. "Casino gambling will likely be staying for good in the Commonwealth," said Joshua Dyck, a professor and co-director of the Center for Public Opinion who wrote the poll. In November, voters will decide whether or not to repeal the state's casino law. The Republican (Springfield, Mass.) (9/3)
H2 Gambling Capital estimates that online gaming will grow at a compound annual rate of 9.13% through 2015. Experts say bitcoin, a cashless currency system, could see explosive growth in online gaming. "We've got about 400 requests for the launch of a bitcoin casino in the last six months," said Ivan Montik, CEO at SoftSwiss, a provider of online casino software. "We constantly have three to five casinos in the set-up phase, and could have had more if we had more resources." CoinDesk (U.K.) (9/2)
Permira, a private equity firm based in the U.K., is considering a buyout of 888 Holdings, sources say. "Online gambling is way more investable now thanks to the Amaya takeover of PokerStars," said David Altaner, an editor at GamblingCompliance. The Wall Street Journal (tiered subscription model) (9/3)
Playtech has acquired Aristocrat Lotteries and Aristocrat Lotteries Italia, which manufacture video lottery machines, for about $13.6 million. "The acquisition will position Playtech's land-based operation as one of the leading suppliers of VLT [video lottery terminal] systems in Europe and Latin America," Playtech said. City A.M. (London) (9/3)
Global Gaming Women's (GGW) annual Kick Up Your Heels fundraising reception will be held Wednesday, Oct. 1, from 6-8 p.m. at Caesars Palace Luxury Suite. All event proceeds benefit the GGW Charitable Education Fund, a scholarship program that helps women of gaming enhance their business skills and advance their careers through continuing education opportunities. In 2014 alone, GGW awarded 26 scholarships to Women's Leadership Conference and University of Nevada, Las Vegas. Proceeds from 2014's Kick Up Your Heels reception will help continue to grow this program in 2015. Read more for tickets and sponsorships opportunities.
Don't miss out! Register for your FREE Exhibit Hall Pass (a $299 value) and check out the Early Bird Discounts for the new flexible pricing options at G2E 2014 which expire tomorrow.Register today to save big!
Robert Louis Stevenson, Scottish writer
A recent study by WhiteSand Gaming, commissioned by the Maine Legislature, concluded that Maine has the capacity for up to two additional casinos if one of them is in southern Maine. Maine is now home to two casinos, Hollywood Casino in Bangor and Oxford Casino in Oxford. Bangor Daily News (Maine) (free registration) (9/2)
The Horseshoe Casino Baltimore attracted more than 50,000 visitors over Labor Day weekend after opening its doors less than a week earlier, on Aug. 26. General Manager Chad Barnhill said the casino's opening numbers were in line with other Horseshoe casinos in Cleveland and Cincinnati, and said the casino is expected to draw 5 million annual visitors. American City Business Journals (9/2)
Video gaming machines at local bars have raised more than $150,000 for Quincy, Ill., since they were introduced in July 2012. According to the Illinois Video Gaming report, the city is home to 83 video gaming machines. Each business is limited to two video gaming machines per location. WGEM-TV (Quincy, Ill.) (9/2)
Reno Gazette-Journal (Nev.) (tiered subscription model) (9/3)
Caesars Entertainment and other casino companies can offer other businesses lessons about protecting privacy in a digital world, said Adam Tanner, author of "What Stays in Vegas," because of what data is collected, and how, and what casinos do with it. "If you do give data about yourself, you're going to be rewarded based on how much you play, with a free meal, hotel rooms, other perks such as concert tickets. But you can go to the casino and gamble completely anonymously... [I]n many cases today, other businesses do not give you the choice," Tanner said. The Boston Globe (tiered subscription model) (9/2)
The College of Southern Idaho offers a course in blackjack dealing through a partnership with Cactus Petes Resort Casino. The four-week, non-credit course is open to anyone interested in the business, and many course graduates work in the local casino -- though skills in dealing blackjack don't limit them locally, said table games trainer Lauren Walker. "You can move all over the country with it," she said. The Times-News (Twin Falls, Idaho) (9/2)
The Clark County, Nev., Commission is considering an ordinance to ban glass bottles on the Las Vegas Strip. The law is meant to reduce the amount of litter, and glass bottles will still be allowed in bags that are stapled shut. The Nevada Resort Association supports the ordinance, although some other local businesses are opposed. Las Vegas Sun (9/2)
The Aquinnah Wampanoag tribe has filed legal briefs to overturn Massachusetts' denial of a tribal casino on Martha's Vineyard. The tribe's plan to convert a community center on the island into a small casino was challenged by Mass. Gov. Deval Patrick in a lawsuit. The Providence Journal (R.I.) (free registration) (9/2)
Las Vegas Sands is evaluating locations in South Korea for an integrated casino resort, said George Tanasijevich, managing director of global development. "We think it is a top development opportunity for our industry, for our company, and we are very eager to find an opportunity to contribute in Korea in an appropriate manner," he said. The Korea Herald (Seoul) (9/2)
The Bahamas is expected to introduce this week a bill allowing online gaming. In May 2013, a law was proposed that would have allowed online gaming by tourists whose home countries allowed the practice; it is unclear whether the current bill would be similar in scope to that bill. PokerNews.com (9/2)
The AGA Communication Awards deadline closes this Friday, Sept. 5. The AGA Communications Awards program recognizes outstanding advertising, marketing and financial, public relations and corporate communications in gaming. The only such awards program of its kind, the AGA Communications Awards program celebrates the excellence found in the gaming industry's diverse communications efforts. Read more about the event and enter online.