News

Wynn sues for libel in latest salvo over casino
Las Vegas casino developer Steve Wynn is escalating his battle with Boston officials, filing a libel lawsuit this week against an unidentified casino foe and issuing a scathing critique of the treatment his company has received since it arrived in the Boston area with plans to build in Everett. “No individual or company who presents themselves honestly in the Commonwealth of Massachusetts, by any measure of fair play, should be subjected to the defamatory political abuse that we have experienced, and it is our intention to finally deal with it,” Wynn said in a statement to the Globe.

Source: Bostonglobe Website
Atlantic City Looks to Christie for Aid as Casinos Struggle
Bills to provide fresh financial backing for Atlantic City have spent weeks on Governor Chris Christie’s desk as casinos say he’s withholding crucial aid. New Jersey’s Local Finance Board on Tuesday approved a budget for the distressed city that includes $33.5 million from diverting a redevelopment tax and dissolving a marketing program. Those initiatives are part of a five-bill package that the Democratic-controlled legislature passed in June.

Source: Bloomberg Website
MACAU GOLDEN WEEK GROWTH A PALE SHADOW OF PREVIOUS YEARS
Macau casinos enjoyed a boost during the Golden Week holiday period but the numbers were a far cry from the bonanza of previous years. According to figures released on Thursday by the Teledifusao de Macau (TDM) TV channel, average daily gaming revenue over the first seven days of October came to MOP 914.3m (US $114.5m). Total gaming revenue for the week hit MOP 6.4b ($801.7m). The figures are about on par with the 2013 Golden Week numbers, but about 10% less than the 2014 stats.

Source: calvinayre Website
Rita tries to stop casino malls in Southland
State Rep. Robert Rita, D-Blue Island, is trying to enlist the help of the Illinois Gaming Board to stop the development of "casino malls," but the first two video gambling malls in the state are rapidly moving forward in Crestwood and Hometown. The concept, first revealed in this column, is to place five or six independently owned businesses adjacent to each other in a strip mall to maximize their customer base, suburban residents who like to play slot machines.

Source: Chicagotribune Website
No prizes for problem gamblers at Regina and Moose Jaw casinos
Problem gamblers won’t be able to claim their winnings under a new policy coming into force at Regina and Moose Jaw casinos on Oct. 1. Well, not all problem gamblers — just the 545 who have recognized they have a problem and have voluntarily signed a self-exclusion order, or people who have been handed a ban by either casino. Called a disentitlement policy, it allows SaskGaming to withhold cash, credits and prizes. Laurie Norman, manager of responsible gambling with SaskGaming, said the idea is to remove the primary reason many people gamble. Saskatchewan is the second jurisdiction in Canada to implement such rules, following the lead of B.C., though the government here had to amend gaming regulations to avoid the kind of legal mess B.C. experienced when it tried to introduce a similar policy in 2009.
Source: Leaderpost Website

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