The Weekly Gaming Business Wrap -- 9/15/12Stay Informed About The Gaming World |
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Here’s a look at the headlines for this week in the gaming business world.
Hard Rock Scraps Atlantic City Casino Plan
AC Gateway LLC has announced that it will not pursue their original plans to build a smaller, boutique casino on the Atlantic City boardwalk. The resort would have been run by Hard Rock International, a company owned by Florida’s Seminole Indians. The group cited Atlantic City’s struggling economy for the reason behind their change of heart.
Gaming Panel Meets On Massachusetts Casino Process
Springfield officials have been strongly defending their decision to hire consultant Shefsky & Froelich, a Chicago-based law firm. The Massachusetts Gaming Commission is responsible for awarding the city’s casino license, but some of the contenders believe there is a conflict of interest due to the law firm’s lobbying contracts with MGM Resorts International and Penn National Gaming.
Tropicana Las Vegas Closes Its Poker Room
Just seven months after opening, the Tropicana in Las Vegas has closed its poker room, named for 2006 World Series of Poker main event champion Jamie Gold. The casino issued a statement, saying that they closed the room for unspecified construction plans.
Harrah’s Baltimore Drops Architecture Firm For Casino Project
The Baltimore architecture firm originally hired to design a Caesars Entertainment property has been dropped from the project and replaced with a Cleveland firm. KA Inc. will now design the Horseshoee-brand casino property.
New Jersey Okays Mohegans To Run Resorts Casino
On Friday, New Jersey casino regulators gave approval to the Mohegan Tribal Gaming Authority to run the Resorts Casino Hotel in Atlantic City. The tribe plans to buy 10 percent of the company, but will run the day-to-day operations.
Arkansas Casino Measure Meets Signature Requirement
Arkansas election officials say that poker player Nancy Todd’s casino proposal has gotten the required number of signatures. Todd needed 78,133, but submitted 95,687 to qualify the proposal for the November ballot. The state Supreme Court, however, is challenging the measure’s wording, stating that it doesn’t properly inform voters of all the issues.