Designed specifically for gaming industry executives, AGA SmartBrief is a FREE daily e-mail newsletter produced in partnership with the American Gaming Association and the Global Gaming Expo. It delivers must-read casino-entertainment industry news directly to you each weekday. Click here
Updated: 44 min 55 sec ago
The Schenectady County, N.Y., Legislature unanimously approved a resolution in support of a proposed Rivers Casino & Resort. The Galesi Group and Rush Street Gaming have proposed the $300 million casinos for Mohawk Harbor. Times Union (Albany, N.Y.) (6/11)
St. Louis casinos reported $89 million in revenue for May, a decrease of 1.7% on a year-over-year basis. However, three of the region's six casinos reported revenue gains for May, with Lumiere Place leading the pack with a 4.6% jump in revenue. Tropicana Entertainment purchased Lumiere Place from Pinnacle Entertainment in April. St. Louis Post-Dispatch (6/10)
Detroit's three casinos reported $114.6 million in revenue for May, a 1.7% drop from the same month last year. In 2012, Greektown, MGM Grand and MotorCity generated $171 million in taxes for the city. The Detroit News (6/10)
Illinois legislators failed to vote on a bill during the spring session that would have allowed slot machines at racetracks, but the horse industry is hoping to drum up more support. "We have the summer to put this thing to bed," said Lanny Brooks, executive director for the Illinois Horseman's Benevolent and Protective Association. Belleville News-Democrat (Ill.) (6/10)
WSOP.com, based in Nevada, has overtaken New Jersey's PartyPoker network as the top spot for largest regulated online gaming site in the U.S. The website received a boost from the World Series of Poker, which offered a room at its tournament for online players. Pokerfuse (6/9)
Voters across the political spectrum view casino gaming more favorably than ever before, and the vast majority recognize that casinos create jobs, strengthen communities and support local businesses, according to the results of a national survey that the AGA released yesterday. The survey release is the first step in the AGA's multifaceted "Get to Know Gaming" campaign. As part of the effort, the AGA equipped the gaming industry with a toolkit to communicate survey results.
Flexible seminar pricing options, high profile speakers, the Hotel Show, general sessions to bring the industry together, and so much more! Experience the difference at G2E 2014! Early bird registration is now live!
Bobby Knight, American basketball coach
According to a survey conducted for the American Gaming Association, 87% of Americans view casino gaming as an acceptable activity, the highest percentage to date, according the AGA. "There is no need to be defensive," said Geoff Freeman, president of AGA. "The public has seen the value of having casinos and we need to promote the hell out of the industry." Freeman also said casinos should not be subject to higher taxes than other businesses. Las Vegas Review-Journal (6/9)
Shares of International Game Technology (IGT) soared 15% in Monday trading on news that the Las Vegas-based slot machine manufacturer might be for sale. The company has not commented on a report from Reuters that said it has hired an investment bank to handle buy-out offers. Reuters (6/10)
The Texas Racing Commission is holding a public meeting today on "historical racing" terminals for the state's racetracks -- a practice not expressly banned in the state's racing act. The terminals look like slot machines, but are based on past race results. "This is a pari-mutuel wager in connection with a horse race," said Andrea Young, president of Sam Houston Race Park in Houston. Austin American-Statesman (Texas) (free content) (6/8)
A South Dakota commission will hold a public hearing on a dozen proposed changes to the state's gaming laws. Proposed changes include two requests for new table games, as well as banning cellphone use by customers while playing table games. The hearing begins Wednesday in Pierre, S.D. The Rapid City Journal (S.D.) (6/9)
A Canadian development team has proposed a casino on 512 acres in upstate New York. The casino site would span the towns of Amsterdam and Florida, and the developers are slated to appear before the town boards next week. Times Union (Albany, N.Y.) (6/10)
Chicago Sun-Times (free registration) (6/10)
Philly.com (Philadelphia) (6/9)
The Horseshoe Casino Baltimore will offer 24/7 bar service when it opens later this summer. The casino will be home to three bars: 14forty, B'More Beers and the Twisted Yard. Named for the number of minutes in 24 hours, 14forty will be open around the clock for cocktails. American City Business Journals (6/9)
This week the GGB Podcast features an interview with Knute Knudson, the vice president of global business development for IGT on the recently completed Indian Gaming trade show and why Class II machines are surging in Indian Country.
The Fort Sill Apache tribe filed a lawsuit on Monday against the National Indian Gaming Commission over a shuttered New Mexico casino. Facing fines of $25,000 a day, the tribe closed the Apache Homelands Casino in 2009 after the commission said its bingo games were illegal. The commission has not yet reviewed the case as promised in the past five years. "We are asking the court to do what the NIGC promised to do five years ago -- review our case in a reasonable amount of time," said Jeff Haozous, tribal chairman. The Santa Fe New Mexican (tiered subscription model) (6/9)
The Macau Monetary Authority has ordered pawn shops and jewelry stores located in casinos to stop accepting UnionPay debit cards. The retailers are required to remove UnionPay terminals by July 1, but some casinos will not be affected. Based in China, UnionPay allows customers access to cash, but regulators say the cards bypass currency controls. Bloomberg (6/10)