Iowa Gaming Regulators Detail Timeline for Cedar Rapids Casino Bid
The Iowa Racing and Gaming Commission (IRGC) says it will consider a proposal for a commercial casino resort in Cedar Rapids following the state’s recent termination of a moratorium on new gaming licenses. A rendering of the Cedar Crossing casino resort pitched in 2017 that was rejected by the Iowa Racing and Gaming Commission. Iowa…
Read More
Oklahoma Sports Betting Odds Remain Long, Likely Not Coming Anytime Soon
Oklahoma will likely remain on the sports betting sidelines for the foreseeable future, a tribal spokesperson reveals. Oklahoma Gov. Kevin Stitt last year presented a path to authorize sports betting in the Sooner State, but the tribes expressed little enthusiasm. The tribes say they aren’t willing to pay the state costly fees to operate online…
Read More
Bally’s Plugs Chicago Casino Funding Gap in $2B Deal with GLPI
Shares of Bally’s (NYSE: BALY) surged Friday after the gaming company announced it will strike deals with Gaming and Leisure Properties (NASDAQ: GLPI) for an aggregate of $2.07 billion in financing. That closes an $800 million shortfall the operator faced on its Chicago casino hotel project. Bally’s temporary casino in Chicago. The operator announced a…
Read More
VEGAS MYTHS RE-BUSTED: The Imperial Palace was Shaped Like a Swastika
EDITOR’S NOTE: “Vegas Myths Busted” publishes every Monday, with a bonus Flashback Friday edition. Today’s entry in our ongoing series originally ran on Nov. 11, 2022. A popular myth has resurfaced since the LINQ Hotel replaced the Imperial Palace on the Las Vegas Strip in 2014 — that the latter was shaped like a swastika…
Read More
Win-River Casino Expansion Approved, Tribe Braced for Lawsuits
The Redding Rancheria, a tribal gaming operator based in Shasta County, Northern California, has received the federal all-clear to move its Win-River Resort and Casino a couple of miles to the east. The existing Win-River Resort and Casino, above, which is expected to triple in size when it moves a couple of miles east. But…
Read More
Texas Lottery Blasted Over Loophole That Let Syndicate Win $95M
A Texas legislative commission blames the state lottery for failing to plug a loophole that allowed a New Jersey-based lottery syndicate to walk off with a $95 million jackpot. The Texas Lottery is under fire for its “passive” reaction to courier services that create a loophole allowing the draw to be mathematically exploitable under certain…
Read More
Macau’s 13 Hotel Quietly Reopens After Sale Flounders
The 13 Hotel in Macau has reopened in a limited capacity after the resort’s parent company failed to find a buyer for the $1.6 billion financial catastrophe. The 13 Hotel in Macau. The resort designed for high-end travelers reopened recently after sitting closed for more than four years. (Image: Ticati) TDM Radio Macau broke the…
Read More
Vermont Responsible Gaming Program Debuts, as Thousands Struggle With Betting Issues
The Vermont Department of Mental Health last week launched its website dedicated to helping those afflicted with gambling disorders and addictions. Roommates at the University of Vermont in Burlington watch the Boston Celtics while betting on their smartphones and computers. Vermont recently launched a responsible gaming website, as the expansion of online sportsbooks in the…
Read More
Iowa Gaming Regulators Order Market Study Regarding Cedar Rapids Casino
Iowa gaming regulators announced Monday that they want a market study on how a casino resort in Cedar Rapids would impact the state’s commercial gaming industry. An aerial view of the roughly 25-acre plot of land owned by the City of Cedar Rapids. The parcel has been entered into a right-to-purchase agreement with an investment…
Read More
Full House Resorts’ Permanent Waukegan Casino Hobbled by Litigation
Full House Resorts says the city of Waukegan, Ill. may have to wait a while for the permanent version of its American Place Casino while the city fends off legal challenges from a Wisconsin-based tribal gaming operator. A digital rendering of the planned permanent American Place Casino in Waukegan whose construction has been halted by…
Read More