GLG News by Gaming and Casino Industry Experts: Lawyers (US)

The $31.5 million fine is not significant.  But the DOJ has subtly expanded the war, by including claims of violating "municipal" laws.  This is bad news for anyone who is thinking about placing or taking ads.

The private equity buyout of Harrahs has been approved by the most important regulator.  Other state and tribal approvals will come quickly.  This also makes it easier for buyouts of smaller casino companies in the future.

It's nice to be optimistic. But Congress won't pass, and Pres. Bush won't sign, any bill legalizing Internet gambling during an election year. There are also issues involving online security and states' rights that will take time to resolve. Meanwhile operators, including the biggest, are looking at...

Of course there are similarities, but the differences may be of greater importance.  Growth in Macau will continue to be as spectacular, for a few years, as it was in Las Vegas in the 1990s, until it, too, will be oversupplied.  But California could never require its citizens...

Early success of PA slots.  Increased competition from WV table games.

There is a strong likelihood that skill game operators will continue to be successful in the legal process.  The real battle will turn soon from a legal battle to a political one. Attorney General does not have clear legal authority to pursue this issue in court.

Gaming company with Ohio ties sold at huge premium. Ohio politicians continue to ignore economic realities of gaming. When will economic benefits of gaming outweigh political risks for Ohio politicians?

Governor threatens veto on Ohio Senate passed horse track replay bill. Ohio Speaker abandons hope of passage of horse track replay bill. Skill game cash payouts could be banned under Governor proposal. Ohio lobbyists, legislators, media, and interested parties are in shock as Ohio Governor Strickland...

Right Angle Blog this morning links to an excellent PD article on how Ohio's turnpike is seriously behind the times.  The article discusses how turnpike bureaucrats have resisted implementation of an EZpass system like most states have.  The article just touches the surface of Ohio's seriously...

The internet gambling ban which was attached to last year's port security bill is an example of the power of the fundamentalist, anti-gambling, pro-morality Republican constituency in the waning days of the Bush Era.  Led by (then) Senate Majority Leader Bill Frist (R-TN) in an effort to polish...