As we mentioned earlier this week, Scientific Games will be ending the statewide linked progressive jackpot known as Big Money Bingo by December 31, 2008. However, some issues still remain as to how exactly some things will be wrapped up. Bingo equipment needs to be picked, the final jackpot needs to be rewarded, etc. For [...]
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Jackson Harness Raceway ended its run this last Thursday. Many feel that allowing slot machines or other legalized gambling devices would haved saved the business. And, they have a point. However, the question isn’t whether allowing slots would increase revenues for businesses like racetracks, but whether or not the people want more gambling in their [...]
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The debate over the proposed federal bailout of Detroit’s Big Three automakers raises some intriguing comparisons with the industry behind our own company town. Las Vegas has been called the “last Detroit.” And the Strip is indeed a modern union success story. The U.S. automakers say the failure of the country’s largest remaining manufacturing base [...]
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If you haven’t heard it’s official, Big Money Bingo (the statewide progressive jackpot) is officially coming to an end with either the next jackpot or December 31st, whichever comes first. Big Money Bingo was met with mixed results from the beginning,and as it shrunk in popularity, it simply became economically unfeasible for Scientific Games to [...]
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Gambling in Iowa could be a model for the Carson Nugget if the downtown casino is managed as a nonprofit by its potential new owner. The oldest casino in Carson City could be bought by a new owner who wants to redevelop downtown under a plan that could make the current casino owners, the Adams [...]
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Romulus officials hope a year-long moratorium regarding the expansion of Indian gaming that was put into place by the U.S. Bureau of Indian Affairs will be lifted, or at least more flexible, under a Barack Obama administration. City officials met with a representative from the Hannahville Indians last week, and all involved said they felt [...]
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On Wednesday the House failed to pass the Senate version of the Michigan smoking ban, HB 4163, which called for a complete smoking ban. The bill now goes into a Conference Committee where only the differences between the two bills are up for negotiations. As you may recall, the differences between the bills are that [...]
The $2.3 billion Encore will open Dec. 22 in the middle of what many have called the worst economic crisis ever to hit the Strip and the gaming industry. But don’t expect Wynn Resorts Ltd. to change its style. Encore, with 2,034 hotel rooms, is attached to Wynn Las Vegas. The resort will open at [...]
Now that the G2E dust has settled, industry experts have had a chance to evaluate and assess the impact of new casino offerings – notably slot products – on an industry in decline. Most experts view the latest, high-tech slot machines as “innovative” and “competitive” from a creative and technological perspective, but none of the [...]
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The latest on the statewide smoking ban proposals from our insider at the Capitol: “The Legislature returns today for the final two weeks of session. It’s our belief that they will return for a third week and finish on Friday, December 19th. The House needs 56 votes to pass HB-4163, which is the complete smoking [...]
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