Business & FinanceN.Y. Cigarettes
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In Tax Fight, Tribes Make, and Sell, Cigarettes (2/22/2012)
(New York) -- The trucks lumber past cornfields and dilapidated farm houses, pull up to a onetime bingo hall and unload their cargo: boxes of tobacco imported from the...
1 Article on this Issue
Palmer Casino
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Palmer Town Council President Paul Burns urges Mohegan Sun to find investors to boost casino proposal (2/22/2012)
(Massachusetts) -- Town Council President Paul E. Burns thinks Mohegan Sun should find a partner, or investor, if it wants to make its plan to build a resort casino here...
1 Article on this Issue
N.Y. Gaming
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Nine New York racetrack casinos to state: Don't let outside casino operators in (with impact study) (2/19/2012)
(New York) -- A study released last week says the state’s nine racetrack casinos have a nearly $2 billion economic impact and account for more than 17,000 jobs.
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Gaming association: New York made more than $1 billion from racetrack casinos (2/16/2012)
(New York) -- Nine racetrack casinos generated nearly $2 billion in economic output, according to a study released Thursday by the New York Gaming Association.
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NY Tracks Trotting Out Benefits Of Racinos (2/16/2012)
(New York) -- In a bid to build support for getting full-scale casinos, the state's nine racetracks released a report Thursday touting the tracks' economic...
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Report: Gambling pays off like a slot machine (2/16/2012)
(New York) -- The people who run the facilities formerly known as racinos want you to know that New York Gaming Association member operations generate almost $2 billion...
4 Total Articles on this Issue
Seminole Tribe
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Raving Consulting Recognizes Seminole Casino Coconut Creek for Marketing Excellence (2/19/2012)
(California) -- Raving Consulting recently honored Seminole Casino Coconut Creek with its prestigious Barona/VCAT Award for Excellence In Indian Gaming Marketing.
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Seminoles envision another hotel in Hollywood (2/13/2012)
(Florida) -- The Seminole Tribe of Florida plans to add a 1,000-room hotel tower in Hollywood, according to an in-depth profile of the tribe's gaming operations in...
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STUTZ: Ex-Four Queens official leads Seminole property in Florida (2/12/2012)
(Florida) -- Downtown Las Vegas was the perfect training ground for Phil Madow. Madow's 24 years in Las Vegas, including 18 years in key executive positions with the...
3 Total Articles on this Issue
Attawapiskat Crisis
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Aboriginal firm irked by feds' housing snub (2/18/2012)
(Manitoba) -- What about us? a Kenora company is wondering, after the home-building contract for troubled Attawapiskat First Nation was granted to a new New Brunswick...
1 Article on this Issue
Payday Loans
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Court rules in favor of tribes operating online payday loans (2/17/2012)
(Colorado) -- The Colorado Attorney General's office can no longer investigate two American Indian tribes offering online payday loans, according to a court ruling...
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CREE: Predatory lending a cash cow in Indian Country (2/17/2012)
(North Dakota) -- The new cash cow for Indian tribes is predatory lending. Some do it - some don't; in a sense, I don't know why any tribe would want to this...
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Indian tribes welcome ruling on sovereignty (2/15/2012)
(Colorado) -- A coalition of Indian tribes is welcoming a court ruling that tribes cannot be held in contempt for commercial ventures such as personal loans offered over...
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Tribes’ Payday Loan Operations Upheld (2/15/2012)
(Colorado) -- Although the courts and others may question tribes’ acceptance of their non-Native business operators’ activities, the skepticism may be a...
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Indian tribes tied to payday lender escape state probe (2/15/2012)
(Utah) -- Two Indian tribes making payday loans over the Internet, even in states that ban or restrict payday lending, won a court victory Tuesday when a Denver judge...
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Native American Lending Alliance Applauds Colorado Court's Sovereign Immunity Affirmation (2/14/2012)
(Colorado) -- The State District Court in Colorado gave sovereign immunity a big win today in their ruling of Cash Advance v State of Colorado. Following the ruling,...
6 Total Articles on this Issue
San Manuel Tribe
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Future is Bright for FNX: First Nations Experience TV (2/17/2012)
(California) -- At the ceremonial unity launch of FNX: First Nations Experience TV, held on February 10, Cherokee actor Wes Studi confessed he didn’t see this...
1 Article on this Issue
Foxwoods Resort
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Foxwoods celebrating 20th anniversary (2/16/2012)
(Connecticut) -- Foxwoods Resort Casino celebrated its 20th anniversary Wednesday afternoon with a 50-minute ceremony and cake-cutting attended by Gov. Dannel Malloy,...
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Foxwoods readies to blunt loss from Mass. (2/15/2012)
(Connecticut) -- Upping the ante as Massachusetts prepares to ramp up the casino competition, Connecticut’s Foxwoods Resort Casino marked its 20th anniversary...
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Foxwoods January slot machine revenue down 4.7% (2/15/2012)
(Connecticut) -- Foxwoods Resort Casino’s slot machine revenue for the first month of the year fell 4.7 percent to $46.3 million, the casino reported Wednesday.
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Foxwoods reports January slot revenue (2/15/2012)
(Connecticut) -- Foxwoods Resort Casino(R) today reported that its slot revenue for January 2012 amounted to $46.3 million, a decline of $2.3 million, or 4.7 percent,...
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Foxwoods marking 20th anniversary today (2/14/2012)
(Connecticut) -- Foxwoods Resort Casino will host a 20th anniversary celebration event at 2:15 p.m. today at its Fox Theater.
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Foxwoods To Announce Construction Of 85-Store Outlet Mall, Rebranding Campaign (2/14/2012)
(Connecticut) -- On its 20th anniversary Wednesday, Foxwoods Resort Casino will announce the construction of an 85-store outlet mall that it hopes will stanch a decline...
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Kostrzewa: Foxwoods at 20, still growing (2/14/2012)
(Rhode Island) -- Foxwoods will celebrate its 20th anniversary on Wednesday and plans to unveil an upscale retail project near the casino in Connecticut to keep pace...
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Our View: Casino changed regional economy (2/14/2012)
(Connecticut) -- With apologies to Paul McCartney and John Lennon, it was 20 years ago today that the Mashantuckets taught the world to play. The tribe is celebrating...
8 Total Articles on this Issue
Ohio Gaming
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House OKs bill on gambling (2/16/2012)
(Ohio) -- Gamblers could be placing bets at temporary slot parlors at racetracks by year’s end under proposed legislation passed by the Ohio House Wednesday in a...
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Toledo casino to open week of May 28 (2/15/2012)
(Ohio) -- A vote is expected Wednesday from the Ohio's House of Representatives as they discuss rules for governing the new casinos, including safety forces and what...
2 Total Articles on this Issue
Caesars
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Caesars chief touts casino at racetrack (2/15/2012)
(Massachusetts) -- Caesars Entertainment’s chief told a room full of Bay State business titans and power brokers yesterday that a casino in the Hub — like...
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Caesars CEO Downplays Casino Risks In Potential New Market (2/14/2012)
(Massachusetts) -- The top official at Caesars Entertainment Corp. (CZR) sought to defray "hyperbolic commentary" about the casino industry Tuesday while...
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Caesars CEO Gary Loveman asks: What’s to fear? (2/14/2012)
(Massachusetts) -- The onetime Harvard Business School professor who now runs the largest casino company in the world glibly presented himself yesterday as one of the...
3 Total Articles on this Issue
Illinois Gaming
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Storm clouds gathering for Joliet’s two casinos (2/15/2012)
(Illinois) -- The latest casino revenue figures from the Illinois Gaming Board have some ammo for those who question how much money expanded gambling will actually mean...
1 Article on this Issue
Kansas Gaming
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Casinos go Hollywood (2/15/2012)
(Kansas) -- The chain of Hollywood Casinos is rapidly expanding. They're now in a dozen locations, and the new Hollywood Casino in Kansas just opened. Kansas...
1 Article on this Issue
Kenosha Casino
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New developers retain grand scope for casino project (2/15/2012)
(Wisconsin) -- The new developers of the Menominee Nation’s Kenosha casino proposal say the project’s scope has not changed significantly from what was...
1 Article on this Issue
Mohegan Sun
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Mohegan extends deadline on bond swap as tenders fall short (2/15/2012)
(Wall Street) -- Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, extended a deadline for a bond exchange to...
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Mohegan Sun January slot revenue down 2.8% (2/15/2012)
(Connecticut) -- Mohegan Sun’s slot machine revenue for the first month of the year fell 2.8 percent, according to statistics released by the casino Wednesday.
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Mohegan’s payment raises hopes for refi (2/15/2012)
(Connecticut) -- The troubled Mohegan Sun casino may not be ready to fold its cards just yet. The Mohegan Tribal Gaming Authority, the casino’s owner, which is...
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Mohegan Sun plans Basketball Hall of Fame store at Mass. casino (2/14/2012)
(Connecticut) -- Mohegan Sun has signed an agreement with the Naismith Memorial Basketball Hall of Fame to build a retail store and exhibition at the Sun’s planned...
4 Total Articles on this Issue
Nevada Online
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Nevada Online Poker: Extension of Credit to Players? (2/15/2012)
(Las Vegas) -- Allowing wealthy gamblers to play on casino credit is a common business practice among some of Nevada’s Strip casinos. For some high rollers,...
1 Article on this Issue
Public Smoking
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Casino exemption to smoking ban designed to protect city's revenue stream (2/15/2012)
(Indiana) -- Evansville City Council members said Tuesday a new ordinance banning smoking in bars was a step in the right direction, but city finances were too shaky to...
1 Article on this Issue
Zynga
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Zynga partners with Slingo, edges up to social gambling (2/15/2012)
(California) -- Online social gaming company Zynga has been hinting at a move into online gambling for a while now. And as the company announces a partnership with slots...
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Zynga sees $435 million net loss in fourth quarter (2/14/2012)
(Wall Street) -- Zynga posted a $435 million net loss for the fourth quarter in the social game leader's first earnings report as a public company, released today.
2 Total Articles on this Issue
Black Friday
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PokerStars: Walls Of Secrecy Tumble (2/14/2012)
(USA) -- As a privately held company, the walls of secrecy surrounding senior management and the operations of Poker Stars were rarely challenged before the United...
1 Article on this Issue
Enbridge Pipeline
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Enbridge offered B.C. first nations cash to study pipeline (2/14/2012)
(British Columbia) -- An aboriginal organization leading the fight to prevent oil tankers on the British Columbia coast once took money from Enbridge Inc., the company...
1 Article on this Issue
Whiteclay
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Oglala Sioux Tribe Files $500M Lawsuit Against Brewers, Distributors and Sellers of Alcohol in Whiteclay, Nebraska (2/13/2012)
(South Dakota) -- The Oglala Sioux tribe filed a $500 million lawsuit February 9 against brewers (Anheuser-Busch InBev, Molson Coors, Pabst, Miller Brewers), retailers...
1 Article on this Issue
Labor & Unions
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Local 54 of UNITE-HERE calls for conventions to boycott Tropicana (2/12/2012)
(Atlantic City) -- Conventions are being asked to break their plans to meet at the Tropicana Casino and Resort after the property and Local 54 of UNITE-HERE failed to...
1 Article on this Issue
Mining & Drilling
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Casino concerns about offshore drilling (2/12/2012)
(Mississippi) -- Coast casinos say they’re not opposed to oil and gas drilling in Mississippi waters, but they still have concerns they want addressed to protect...
1 Article on this Issue
Aqueduct
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Aqueduct expansion is a risky bet (2/10/2012)
(New York) -- New York’s push to expand casino gambling, part of a growing national trend, could be a risky bet both for the state and the growing army of people...
1 Article on this Issue
Australia Online
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Big Boom for Online Gaming in Australia (2/10/2012)
(Australia) -- The massive global growth of online gaming in recent years has truly reached the four corners of the globe. A recent academic study found that there has...
1 Article on this Issue
Europe Online
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888 And Playtech Among Those Targeted On First Belgian Blacklist [sub req'd] (2/10/2012)
(Belgium) -- Belgium’s gambling watchdog will send off a blacklist of 10 illegal sites, including well-known offerings from 888 and Playtech, to local banks and...
1 Article on this Issue
Nevada Revenue
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Gaming ends down / December shows 10.24 percent increase (2/10/2012)
(Nevada) -- Despite a 10.24 percent gaming revenue increase in December, Washoe County still was down 3.2 percent for the year 2011, according to Nevada Gaming Control...
1 Article on this Issue
Other News
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Founder of Famous Dave's to share his story in Sioux Falls, Brookings (2/21/2012)
(South Dakota) -- The founder of Famous Dave's is sharing the story of how he turned his hobby of barbecuing into a multimillion-dollar business venture.
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Litefoot appointed NCAIED interim president (2/21/2012)
(Arizona) -- The National Center for American Indian Enterprise Development on Jan. 30 announced Cherokee Nation citizen Gary “Litefoot” Davis as its interim...
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SouthCoast lawmakers seek to exempt developer from historical regulations (2/21/2012)
(Massachusetts) -- SouthCoast lawmakers are still pushing new legislation to allow the medical software company Meditech to expand on historical Native American land...
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Treasury Calls Congress to Action on Tribal Capital (2/21/2012)
(Washington D.C.) -- Congress all but guaranteed tribal finance to be a clear winner in the American Recovery & Reinvestment Act. Included in the Act were two...
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SEARHC faces $4M loss from 2011, CEO says (2/21/2012)
(Alaska) -- The new head of the Southeast Alaska Regional Health Consortium says the organization is losing money, and that difficult changes are on the way.
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Tribal Long-Term Municipal Bonds Fall (2/19/2012)
(USA) -- The pervasive lack of bond financing in Indian country was underlined yet again by the release of yearly figures that showed tribes going backwards in the...
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STUTZ: After hire some ask, 'What's IGT thinking?' (2/19/2012)
(Las Vegas) -- A major car manufacturer wouldn't hire an executive from Victoria's Secret to design automobiles. Nor would an international oil company bring...
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Off to the races: Casino business heats up in 4 Corners (2/19/2012)
(New Mexico) -- Northern Edge Navajo Casino's entry into the lucrative gaming market has touched off a marketing battle in the Four Corners, with casinos as far away...
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3rd Hard Rock tower to cost $50M (2/19/2012)
(Oklahoma) -- Cherokee Nation Businesses will spend approximately $50 million on the third tower that’s being built to replace a part of the Hard Rock Hotel and...
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CN makes billion-dollar economic impact (2/19/2012)
(Oklahoma) -- An economic report released by the Cherokee Nation on Feb. 15 shows the tribe had a total impact of more than $1 billion during 2010 in northeastern...
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Casinos Passing Up Sizable Portion of Market (2/19/2012)
(Washington) -- When Alison Tengel’s family threw her 18th birthday party at Clearwater Resort & Casino in Suquamish, it was a fiscal boon for one of the few...
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Board of Wynn Resorts Forcibly Buys Out Founder [sub req'd] (2/19/2012)
(Wall Street) -- Steve Wynn's gambling empire, dramatically stepping up the battle between the company's two founders, accused Mr. Wynn's former ally of...
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Okada's Universal Vows to Fight 'Outrageous' Wynn Forced Sale (2/19/2012)
(Japan) -- Japanese billionaire Kazuo Okada's Universal Entertainment Corp. said it would take legal action after Wynn Resorts Ltd. forcibly redeemed Universal's...
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Wynn accuses top shareholder, buys out his stake (2/19/2012)
(New York) -- Wynn Resorts Ltd Chief Executive Steve Wynn upped the ante in his fight against former business partner Kazuo Okada, accusing the Japanese gaming mogul of...
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Wynn Resorts Board Concludes Year-Long Investigation of Kazuo Okada after Receiving Freeh Report Detailing Numerous Apparent Violations of U.S. Anti-Corruption Laws (2/19/2012)
(Las Vegas) -- Wynn Resorts, Limited WYNN -0.08% today announced that its Compliance Committee has concluded a year-long investigation after receiving an independent...
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Wynn Resorts buys out biggest stakeholder (2/19/2012)
(New York) -- Wynn Resorts Ltd. is looking to sever ties with its biggest stakeholder and one-time ally. The Las Vegas casino operator said Sunday that it forcibly...
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Wynn Resorts buys out board member Okada at big discount (2/19/2012)
(Las Vegas) -- Wynn Resorts Ltd. said Sunday it has deemed Kazuo Okada, a former close business associate of Steve Wynn, as "unsuitable" based on an internal...
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Wynn Resorts forcibly buys out biggest stakeholder (2/19/2012)
(Las Vegas) -- Wynn Resorts Ltd. said Sunday that it forcibly bought back all the shares controlled by its biggest stakeholder Kazuo Okada and asked the Japanese tycoon...
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Wynn Resorts Redeems Okada’s Stake After Freeh Bribery Probe (2/19/2012)
(Las Vegas) -- Wynn Resorts Ltd. bought out its largest shareholder at a 31 percent discount and asked him to quit the board after a probe by the casino operator...
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Wynn Resorts seeks founder’s resignation (2/19/2012)
(Wall Street) -- Wynn Resorts has requested the resignation of Kazuo Okada from its board and redeemed his stake in the company, bringing to a head the long-simmering...
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