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Updated: 5 min 56 sec ago
N.J. Gov. Chris Christie's office admitted Tuesday that previous projections for online gaming in the state were too optimistic. The administration had forecast $200 million in tax revenue from online gaming for the first fiscal year of operations. The state treasurer later reduced the number to $160 million, but has now said it will be closer to $34 million. The current fiscal year ends June 30. The Star-Ledger (Newark, N.J.) (2/26)
A referendum to cancel a planned tribal casino on Cape Cod, Mass., failed in a tribal vote. The Wampanoag Tribe of Gay Head (Aquinnah) had previously approved building a small gaming parlor on tribal lands. "At this point, the previous actions remain enforced and the project will move forward," said Tobias Vanderhoop, chairman of the tribal council. Cape Cod Times (Mass.) (tiered subscription model) (2/25)
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In 2014, the conference program at G2E Asia will feature for the first time a one-day iGaming program! Taking place Thursday, May 22, the iGaming summit at G2E Asia reflects the growing importance worldwide of interactive, mobile and social gaming. In 2013, over one-third of G2E Asia attendees were from the online gaming community, including land-based and online bingo, casino, lottery, mobile and social gaming providers and operators. The G2E Asia iGaming Summit will bring the gaming community together to learn how to explore digital opportunities, forge valuable partnerships and embrace the future. For more information about speaking opportunities, sponsorship opportunities, or the registration process, please contact YingQi Lee at firstname.lastname@example.org. Held in Macau, the heart of Asian gaming and one of the fastest growing gaming markets in the world, the event will take place from May 20-22, 2014, at The Venetian Macao. Visit us at www.g2easia.com.
Laurence Peter, Canadian educator
The Florida Senate introduced three separate bills on Monday that would expand gaming in the state, while at the same time include new regulations. State Sen. Garrett Richter, chairman of the Senate Gaming Committee, said the package of legislation will "reform the current patchwork of laws into an orderly structure." The bills allow for two destination casino resorts in South Florida and slot machines at three additional locations. The plan requires a constitutional amendment allowing gaming expansion to be passed by voters and requires voters to approve casino proposals in their local cities and counties. Tampa Bay Times (St. Petersburg, Fla.) (2/24)
The U.S. Supreme Court declined to hear a case on a New York man convicted of running underground poker games, which the law bans as a game of chance under the Illegal Gambling Businesses Act. Lawrence DiCristina attempted to appeal his conviction for running Texas Hold 'em games twice a week, arguing that poker is a game of skill rather than a game of chance. Las Vegas Review-Journal (2/24)
The Cromwell boutique casino will open on the Las Vegas Strip on May 21, according to owner Caesars Entertainment. The Cromwell, which features 19 suites and 169 rooms, occupies the site of the former Bill's Gamblin' Hall. "The rooms are amazing, but the Cromwell will be more about the personalized service," said Karie Hall, general manager for the Cromwell. "With 188 rooms, you get to know your customer, especially repeat customers." Spots in the hotel were up for sale Monday, and hiring 900 employees remains underway. Las Vegas Review-Journal (2/24)
The Pennsylvania Gaming Control Board will allow applicants for the second Philadelphia casino license to present oral arguments for 15 minutes. Four of the five applicants have decided to speak before the board on Wednesday; so far, it appears the Parx/Cordish party will not speak. The board will also allow two intervening parties to present oral arguments. Philly.com (Philadelphia) (2/24)
The Golden Nugget Atlantic City plans to hold "emergency" job fairs on Wednesday and Thursday for immediate hiring of 50 people, to begin as early as Friday. The casino in Atlantic City, N.J., has seen business spike after the Atlantic Club closed last month. "Our volumes have just gone through the roof. Fridays and Saturdays are stronger than the volumes we see in the summer," said Tom Pohlman, executive vice president and general manager of the Golden Nugget. The Press of Atlantic City (N.J.) (tiered subscription model) (2/24)
Times Herald-Record (Middletown, N.Y.) (tiered subscription model) (2/22)
Philly.com (Philadelphia) (2/24)
The Massachusetts Gaming Commission said the City of Boston and two casino companies need to put aside their differences and work together. Boston is attempting to draft mitigation deals with Mohegan Sun and Wynn Resorts for proposed casinos. Chairman Stephen Crosby said "the
parties were spatting back and forth" during a meeting before the commission, but felt no need to intervene. The parties could enter arbitration if they can't reach agreements. Boston Herald (2/25)
Experts say women voters could decide the fate of a proposed casino in Revere, Mass. This month, a statewide poll found 56% of men in Massachusetts supported casinos, while only 45% of women supported casinos -- a slight increase in support among women since a July poll. Revere residents head to the polls today to vote on a Mohegan Sun casino proposed for the Suffolk Downs racetrack. Boston Herald (2/25)
This week, the GGB Podcast features a discussion with Eric Tom, the executive vice president of global sales for IGT, on his company's success in the international and the online markets.
The Sixth Circuit U.S. Court of Appeals granted a temporary ban on a tribal casino planned for Lansing, Mich. The state has sued the Sault Ste. Marie Tribe of Chippewa Indians over plans for a $245 million tribal casino. The tribe purchased the land for the casino from the city of Lansing. MLive.com (Michigan) (free registration) (2/24)
The Des Moines Register (Iowa) (tiered subscription model) (2/22)
On the heels of an announcement by Las Vegas Sands that it would spend $10 billion on a resort casino in Japan, MGM Resorts International said it would do the same. Japanese lawmakers are expected to approve a bill for expanded casino gaming this year. Bloomberg Businessweek (2/25)
Global Gaming Expo (G2E) is proud to share the next video from the new video series sponsored by Bally Technologies -- Inside the Industry: Insights from Today's Movers and Shakers. Please take a moment to watch the ninth video in the series, featuring Patrick Ramsey, CEO, Multimedia Games. Top industry executives were interviewed at G2E 2013, where they offered insights on today's most pressing issues in the gaming industry. Mark your calendar today for G2E 2014. We'll see you there -- one week later -- Sept. 30 - Oct. 2, 2014 at the Sands Expo and Convention Center.