Pennsylvania gaming regulators this month drove another nail into the coffin containing Atlantic City’s gaming market. At the same time, they unwittingly damaged their own state’s casino industry.
Business Columns
A congressional hearing on a bill to restore the Interstate Wire Act has lost steam in the current lame-duck session.
California is shaping up as the nation’s Internet poker battleground in 2015. Everyone wants a piece of the Golden State’s potentially lucrative pie.
Nevada’s virtual monopoly on legalized sports wagering could be in danger. But that isn’t necessarily bad for business.
Boyd Gaming Corp. plans to revamp its restaurant offerings throughout its locals-oriented properties.
The past 10 years covering gaming nationally and internationally have been nothing short of a theme park thrill ride that Disney’s greatest designers couldn’t conjure. Las Vegas hit an apex in 2007, only to be brought low by recession. The market is slowly recovering.
American Gaming Association CEO Geoff Freeman would like to believe the trade group had at least a small role when Massachusetts residents overwhelmingly voiced support for casinos by a 60-40 margin. He’s probably correct.
On a whole, the locals market gaming revenue through September is down less than 1 percent from 2013, according to the Gaming Control Board.
It’s unclear if Boyd Gaming Corp. will ultimately spin-off all or a portion of the company’s casinos into a real estate investment trust. But the idea certainly piqued the interest of the investment community.
By all accounts, a referendum to undo Massachusetts’ casino law should get crushed in Tuesday’s election and lose by some 15 to 20 percentage points. That’s what the most recent polls say. Then again, this is Massachusetts.