Tag: casino
Casino in Danville?
The arguments continue on whether Danville should get its own casino. The mayor is definitely in support of the expansion of gambling into Springfield. People have an option of casino online gaming, where they have an access to the online games all the time, visit https://www.casinosonline-canada.ca/ to review online casinos. Estimated revenue collections and physical benefits from the project make the city executive’s case. Opposite him is the executive director of Illinois Church Action on Alcohol and Addiction Problems. Her argument is that the losses that will be experienced by community cannot be valued. There is a third voice which…
Back In Black: Nevada Casinos Turn a Profit
Nevada casinos posted profits in fiscal 2016, the first time the industry has been in positive territory since before the Great Recession. This week, the Nevada Gaming Control Board released their annual Nevada Gaming Abstract, which showed the 273 gaming venues that earned more than $1m in revenue in the 12 months ending June 30, 2016 generated a combined income of $979m versus a net loss of $662m in fiscal 2015. Overall revenue at state-licensed gaming venues reached $25.2b, up from $24.6b in fiscal 2015, and only around $100m off the all-time peak of $25.3b in fiscal 2007. Casinos also…
MGM Wants Billion Dollar Casino in Atlanta
Casino operator MGM Resorts International wants to build a $1b gaming venue in Atlanta, but serious obstacles remain. On Wednesday, the Atlanta Journal Constitution reported that MGM was scouting suitable locations in downtown Atlanta for a complex that would feature a casino, a luxury hotel, a live entertainment venue and other non-gaming amenities. MGM spokesman Clark Dumont cautioned that MGM’s plans were only in “the very preliminary stages” but the company viewed Atlanta as a “beautiful market.” The market may be beautiful but it’s also completely inhospitable, as Georgia is one of a handful of US states that have yet…
Grosvenor Portsmouth Set to Close August 9
The Grosvenor Casino, located on Osborne Road in Southsea, is reportedly closing August 9, 2015. A post on Wednesday June 24, 2015 indicated the Portsmouth casino may be shutting down. The news was confirmed on insidermedia Friday. When the casino closes 50 people will lose their jobs. These workers are encouraged to apply at other casinos the company owns, including the Gunwharf Quays location (pictured). A Rank Group spokesman said: “We never take the decision to close a club lightly, but after careful consideration we have taken the decision to close our Osborne Road casino with effect from the 9th August. “We…
Casinos Applaud California Internet Cafes Court Ruling
American Gaming Association (AGA) Senior Vice President of Public Affairs Sara Rayme issued the following statement after the California Supreme Court ruled that Internet sweepstakes cafes are illegal: “Today’s ruling affirms what we already knew: Internet sweepstakes cafes are illegal entities that should be shut down. In stark contrast to the legal, highly regulated casino gaming industry – a $240 billion industry that supports 1.7 million jobs and generates $38 billion in taxes across 40 states – illegal gambling operations, such as Internet sweepstakes cafes, fund violent crimes and drug and human trafficking, prey on consumers and don’t pay a penny…
Atlantic City to Block Other New Jersey Casinos?
With proposals to expand casino gambling to other parts of New Jersey gaining momentum, Atlantic City is faced with an existential choice: fight to the end to try to keep it from happening, or accept it as inevitable and extract the most concessions it can from new, in-state competitors. It’s a question the city and its political and business supporters need to answer soon. Two bills that would ask voters whether to amend the state constitution and expand gambling beyond Atlantic City have been proposed, and lawmakers are touting casino projects in the Bergen County Meadowlands, Jersey City, Newark and…