The Weekly Gaming Business Wrap -- 10/6/12

Here’s a look at the headlines for this week in the gaming business world.

Ohio Still Struggling Despite New Casino Tax Revenue

Ohio will open its third casino on Monday in Columbus, but a new report has found that even when all four casinos in the state are open, the increase in tax revenue will not be enough to plug all of the holes in the state’s budget. The state needs approximately $1 billion to account for state budget cuts, but will only receive an estimated $227 million once all four casinos are operational.

Feds Still Back Cowlitz Reservation Casino

Attorneys for the federal government have reaffirmed the right for the Cowlitz Indian Tribe in Vancouver, Washington to build a $510 million casino complex on 152 acres near La Center.

Proposed Oregon Casino Gets Opponent In Governor

A proposed casino near Portland, Oregon has attracted a high profile opponent in Governor John Kitzhaber. The Governor, who has long opposed gambling expansion, will film an ad to urge voters to say no to the measure in the upcoming November ballots.

Maryland’s Three Casinos Lose Gaming Revenue In September

Maryland’s three casinos pulled in $42.9 million in gaming revenue in September, a drop of nearly $2 million from the month prior. Voters will decide this November if Maryland casinos will be able to add table games and a new property in Prince George’s County.

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