2009 August 26 Gambling News, Events and Happenings

Opponents of a proposal to allow casinos in Ohio’s four largest cities are casting doubt about the issue that will go before voters this fall, including questioning how much tax revenue the gambling will bring the state.

Baltimore: meet Celebration Casino.

LAS VEGAS, Nevada — Slot machine maker Aristocrat Leisure Ltd. on Tuesday reported revenue and profit declines in the North American market during the first half of 2009, citing “difficult economic and gaming market conditions.’

Two separate raids in Clayton County landed nearly a dozen people in jail Wednesday. The raids were part of an effort to break up illegal gambling operations.

Are Americans gambling more and developing more gambling problems? Do gambling problems tend to concentrate in disadvantaged neighborhoods? What has been the impact of increased Internet gambling, NCAA pools, fantasy football and poker tournaments?

Aug. 26 (Bloomberg) — Mashantucket Western Pequot Tribal Nation, owner of the Foxwoods Resort Casino , is seeking to restructure at least $1.45 billion in debt as the recession and competition cut into winnings.

BALTIMORE Developers have outlined plans to build a $212 million casino in Baltimore that they hope to open by early 2011. Members of the Baltimore City Entertainment Group presented their plans for the casino Wednesday to a state commission in charge of granting slot machine licenses.

PHILADELPHIA (BP)–An appeals court has ruled that Delaware’s plan for Las Vegas-style single game sports betting violates the Professional Amateur Sports Protection Act, a federal statute prohibiting sports gambling.

Missouri gambling regulators on Wednesday refused to allow a St. Louis riverboat casino to replace its century-old boat, which needs significant repairs to continue operating next year, unless the company gets a new operating license.