Day: May 16, 2024

Gaming and Leisure Paying $105M for Three Nevada, South Dakota Casinos

Gaming and Leisure Properties (NASDAQ: GLPI) said Thursday it’s paying $105 million to Strategic Gaming Management, LLC to acquire the property assets of three casinos in Nevada and South Dakota. A logo for Baldini’s Casino in Sparks, Nev. It’s one of three properties Gaming and Leisure is buying from Strategic Gaming Management. (Image: Baldini’s Casino)…

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Maryland to Buy Historic Pimlico Race Course for $1

The Stronach Group, owner of Baltimore’s Pimlico Race Course – home of the Preakness Stakes – will sell the historic track to the State of Maryland for $1. The Preakness Stakes, above, is the second biggest horse racing event in the US and culturally important to Maryland, which hopes to consolidate all racing at a…

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IAC Boss Diller Lands Full Nevada Gaming License

IAC/InterActiveCorp (NASDAQ: IAC) Chairman Barry Diller earned an unrestricted Nevada gaming license Thursday after the Nevada Gaming Commission (NGC) voted 4-1 in favor of granting him that status. IAC Chairman Barry Diller at a movie premier in 2019. The Nevada Gaming Commission (NGC) granted him a full license in the state. (Image: Monica Schipper/Getty Images)…

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Times Square Casino Meets Stiff Opposition in New Poll

Residents in the neighborhoods around Times Square strongly oppose the area becoming home to a casino hotel. That’s according to a new poll by Tulchin Research. Jay-Z is part of a development group that wants to bring an integrated casino resort to Times Square. Many voters who live in the neighborhood oppose the casino effort.…

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Interior Department Asks Supreme Court to Dismiss Florida Gaming Compact Case

The United States Department of the Interior (DOI) has petitioned the Supreme Court to dismiss a lawsuit challenging the Class III gaming compact the Seminole Tribe reached with Florida in 2021. Hard Rock Bet commercials continue to run in Florida and online sports bets continue to be facilitated as a legal challenge that’s reached the…

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New Hampshire Bans Greyhound Simulcasts

On Tuesday, New Hampshire’s Republican Governor Chris Sununu signed a bill to prohibit greyhound simulcasting from Jan. 1, 2027. The state joins Kansas, Colorado, and Massachusetts in recently outlawing the broadcasts, in which races are streamed in real-time enabling bettors who are far from the racetrack to wager on races. Greyhound racing is a dying…

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