Archive for September, 2009

Maryland’s first slots parlor license will go to Ocean Downs racetrack near Ocean City, the AP reported. The Video Lottery Facility Location Commission unanimously approved the horseracing track, owned by William Rickman, who also owns Delaware Park racetrack and slots in nearby Delaware. Rickman said he doesn’t anticipate a delay in getting a building permit to... »

Macau has officially published VIP commission cap regulations, which will take effect October 1. Under the rules, gaming commissions paid to junkets operating in Macau casinos cannot exceed 1.25 percent of rolling chip volume. The cap is good for profitability and margins in Macau, Shaun Kelley of Bank of America/ Merrill Lynch said. Macau’s six casino... »

As expected, Delaware will appeal its sports betting case to the full, 12-member Third Circuit US Court of Appeals. Delaware has important legal and factual questions and that deserve to be heard by the full court, Gov. Jack Markell said. A three-member panel of the Third Circuit threw out Delaware’s sports betting ambitions last month saying... »

Efforts to attract more international visitors to Las Vegas could get a lift from the federal government. The US Senate has passed a bill to establish a non-profit corporation to promote travel to the US. The bill also creates an Office of Travel Promotion within the Commerce Department, funded by fees from foreign travelers seeking US... »

All of a sudden, the casino selection process has become a no-brainer for the Kansas Lottery. Penn National is buying Cordish Company’s bid for the Wyandotte-Kansas City casino license and intends to team up with Kansas Speedway on a single bid. That will leave PENN and Kansas Speedway as 50/50 partners in the project. PENN also... »

The first sports betting in American casinos outside Nevada begins Thursday in the three Delaware racinos. Unfortunately for them, it will not be the wide-open betting familiar in Nevada, but merely three parlay bets. ... »

The European Union might not open up to Internet competition, after all, now that the EU court has created a loophole that appears big enough to drive a truck through The EU court has opined that Portugal’s e-gaming monopoly is legal it if is designed to combat fraud and other crimes. That could give cover to... »

In a program that could prove revolutionary, NetPlay has signed an agreement to begin offering live gambling on television on September 17. The British company has signed on with broadcaster Five to offer gambling on roulette between midnight and 4 a.m. three mornings a week. The plan is to expand to six times a week by... »

The focus on the gaming compact negotiated by Gov. Charlie Crist and the Seminole Indians now comes down to efforts to get the legislature to ratify or defeat it next month. It is unclear which side has the votes so far. Crist is urging ratification, noting that the state will get $800 million more over time... »