The Weekly Gaming Business Wrap -- 10/13/12

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

Poll Shows Residents Opposed To Second Philadelphia Casino

The latest Inquirer Pennsylvania poll shows that only 33 percent of voters would support a second casino in the Philadelphia area. Of those polled, 45 percent are directly opposed to a potential project that would join the SugarHouse casino which resides on the Delaware River front. Operators only have one more month to apply for the second gaming license before the deadline.

Feds Reject Mashpee Wampanoag Casino Deal

Deciding that the Native American tribe didn’t get a fair deal from Massachusetts Gov. Deval Patrick, the U.S. Department of the Interior has rejected a compact signed earlier this year by the Mashpee Wampanoags. The tribe, which wants to begin constructing a casino in Taunton, has begun restructuring the deal.

Springfield’s Three Casino Options

Springfield, Massachusetts now has more than $2.5 billion in casino proposals to choose from. MGM Resorts International, Penn National Gaming and Ameristar Casinos are all vying for the coveted spot in what promises to be a booming gaming market, albeit in slightly different locations. MGM wants the south end of the city, Penn National the north and Ameristar has they eyes set on the east. The final decision won’t be made until 2014.

TV Spot Slams ‘Empty Promises’ Of Baltimore Casino

West Virginia casino owner Penn National Gaming has funded a 30-second TV ad that urges voters in Maryland to reject a measure on the November ballot that would bring a Caesars Entertainment casino to downtown Baltimore. The ad, titled “empty lot,” tells voters to be weary of a project that promises job creation but may not deliver.

Kansas City Riverboats Decline In Revenue For Third Straight Month

The four Kansas City riverboats saw patron count and revenue drop for the third consecutive month, according to the Missouri Gaming Commission. The biggest culprit is the Argosy Hotel and Casino which dropped 19.4 percent from the year prior, bringing in only $12.7 million.

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