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The Denver Post
Central City: Strip club operator makes deal to open steakhouse, casino
Rick's Cabaret Steakhouse & Casino will be built in downtown Central City. The company behind it bought a building for $2.4 million. It will offer fine dining, entertainment and casino and sports betting. Mayor Jeremy Fey and Mayor Judy Laratta back the casino project. Casinos are responsible for nearly 87% of Central city's revenue. Colorado has a third casino town in Cripple Creek. Former mining towns legalized gambling in 1991 and sport betting in 2020. RCI Hospitality Holdings owns and operates Rick’s Cabarets, Club Onyx, Foxy”s, and Scarlett“s.
emeatribune.com
Table games revenue up, but overall casino revenue in Illinois slips in
Table games revenue up, but overall casino revenue in Illinois slips in. Net terminal income from video gaming terminals (VGTs) down 4.2%. The state’s share of NTI came to $65. 2 million. The progressive tax rates on revenue slightly increased. Illinois coffers received $31.1 million in November. The overall total for 2022 is $257.5 million, more than the $248.7 million for all of 2021.
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US Bets
Table Games Up, But Total IL Casino Revenue Down In November
Illinois Gaming Board reports $114 million in casino gaming revenue in November. The total was 1.7% lower than the $116 million generated in October. Admissions to the state's 11 gaming venues dropped 4.3% to 770,693. However, the average admission cost was 2. 7% higher. Net terminal income from video gaming terminals (VGTs) was down 4%.
The Intelligencer
Casinos broke their promise to Illinois
Illinois legislature justified the approval of gambling in Illinois by arguing that riverboats would revive the downtowns. The two-boat Hollywood Casino opened in Aurora in 1993. Last month, the owner, Penn Entertainment, said it wanted to close the long-docked riverboat downtown and rebuild it on a site closer to I-88. Penn also announced a similar plan for the casino in Joliet. Illinois casinos have become like NFL franchises, skilled at lobbying and dangling the promise of revenue to cash-strapped cities. Chicago has already seen a fascinating shift within its new, long awaited casino.
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The Northwest Arkansas Democrat Gazette
COLUMNIST: How casinos broke their promises to the struggling downtowns of Illinois
William Weidner, then president of Hollywood Casino of Aurora Inc., tried to kill a $2 billion mega-casino in downtown Chicago in 1992. He argued that it would run contrary to the intent of the Illinois legislature. The legislature had justified the approval of gambling in Illinois by arguing that riverboats would revive the downtowns. Now casinos find themselves subject to many of same pressures as office buildings downtown. Chicago has already seen a shift within its own new long-awaited casino. It's because of Bally's presence in the industry. It seems casinos have become like NFL franchises.
Chicago Tribune
How casinos broke their promises to the struggling downtowns of Illinois
William Weidner, then president of Hollywood Casino of Aurora Inc., opposed a $2 billion casino in downtown Chicago. He argued that it would hurt the revitalization of the downtowns of Illinois. Weirner and his group prevailed and the Hollywood casino opened in 1993. The casino is now sad and diminished. Its owner wants to close the long-docked riverboat downtown and rebuild it closer to I-88. It's a far cry from its glamour in the 1990s. it's also a sad reminder of how casinos broke their promises to the struggling downtowned of Illinois and their people.
Penn Live
Online gaming profits soar at Hollywood Casino while live slot and table play declines
Hollywood Casino at Penn National Race Course's parent company, Penn Entertainment, made a third-quarter profit of $123.5 million. The company expects to remain profitable in 2023. Internet gambling and sports betting is driving the company's revenues. Live slot machine revenue at the Grantville property fell by 12% in September. New casinos are planned for Pennsylvania. Bally’s Corporation of Providence, R.I., in partnership with businessman Ira Lubert”s SC Gaming, is moving on a tentative agreement to build a $ 123 million casino at Nittany Mall.
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Yogonet
Penn Entertainment to bring Illinois riverboat casinos ashore; add hotel towers to Ohio's Hollywood Columbus and Nevada's M Resort
Penn Entertainment announced Monday that the company is set to pursue four new projects with an overall $850 million budget. The company will relocate its riverboat casinos in Aurora and Joliet, Illinois, to new land-based facilities. It will build a new hotel at Hollywood Columbus in Ohio and a second hotel tower at the M Resort in Henderson, Nevada. The projects are subject to municipal approvals. They are expected to generate strong free cash flow returns and create long-term value for shareholders. In Jolie, the planned casino will be located in the Rock Run Crossings development mixed-use project close to the I-80 and I55 interchange.
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Chicago Tribune
Chicago's entry into casino game not deterring suburban sites
In Joliet, the city will provide the land and almost $60 million in financing for a new $185 million building. The existing 11 casinos in Illinois are planning to expand. Tax revenue from gambling statewide increased 39% in fiscal year 2022 to a record $1.9 billion. The industry has been hurt by video gaming, but has a chance to grow in sports betting. Grand Victoria Casino in Elgin recently opened a sportsbook and poker room. Poker player Paul Conway likes it. He travels to play tournaments in Hammond and Bartlett. Hard Rock Casino is the highest-grossing casino in the state.
CBS News
Aurora City Council OKs Hollywood Casino relocation
The City of Aurora will pay $50 million to help build the first casino resort in the region. The Hollywood Casino Aurora is moving from downtown Aurora to a site closer to the Reagan Memorial Tollway. It will be located across from the Chicago Premium Outlets Mall. PENN Entertainment will take over the current casino property. Some taxpayers don't like the city kicking in anything. The casino owners made $75 million from their riverfront Aurora casino last year. Mayor Irvin says the vote sets the future for Illinois' second largest city. He says it's re-energizing the Aurora.
CBS News
Aurora City Council votes 12-0 in favor of Hollywood Casino relocation; some residents furious
The City of Aurora will pay $50 million to help build the first casino resort in the region. The Hollywood Casino Aurora is moving from downtown Aurora to a site closer to the Reagan Memorial Tollway. It will be located across from the Chicago Premium Outlets Mall. PENN Entertainment will take over the current casino property. Some taxpayers don't like the city kicking in anything. The casino owners made $75 million from their riverfront Aurora casino last year. Mayor Irvin says the vote sets the future for Illinois' second largest city. He says it's re-energizing the Aurora.
US Bets
Illinois Casinos, VGTs Post Slight Revenue Dip For September
Illinois casinos generated $113.8 million in revenue in September. The state's progressive tax rates on casino revenue helped boost state coffers. Illinois surpassed $1 billion in total table games and slots/electronic gaming device (EGD) revenue for the calendar year. The IGB published August’s numbers on Tuesday.
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European Gaming
PAGCOR, casino licensees distribute relief packs to areas hit by Super Typhoon Karding
Royce Hotel and Casino Foundation distributed 1,500 food packs each to Quezon City and Pampanga worth P1.5 million. Resorts World Philippines Cultural Heritage Foundation delivered 3,000 food pack worth $1 million to Quizzon Province. Bridges of Benevolent Initiative Foundation donated P2 million worth of food to Pampsanga, Bulacan and Bataan. PGCOR mandates casino licensees to establish foundations to help fund Corporate Social Responsibility programs related to education, infrastructure, health facilities, environmental preservation and restoration of cultural heritage.
CBS News
Aurora City Council Finance Commitee advances plan for relocation of Hollywood Casino
The Hollywood Casino Aurora will be relocated to a site closer to the Ronald Reagan Memorial Tollway. The old casino will have to be torn down and the site made ready for development. If the full City Council approves the plan, construction would start late next year. A new casino is planned for Joliet. It will bring nearly 1,000 construction jobs and 700 permanent jobs. There will also be a $50 million bond issuance by the city. This money will come from increased property taxes received from the new site.
Chicago Sun Times
Hollywood Casino Aurora owners want to move out of downtown, rebuild by I-88
Hollywood Casino Aurora will be closed and rebuilt on a site closer to Interstate 88. The new location would cost about $360 million and include a casino with about 900 slot machines, 50 live table games and a sportsbook. It would also have a 200-room hotel with 10,000 square feet of meeting and event space. Penn Entertainment owns 43 casinos and racetracks in the U.S. and Canada. Joliet's riverside casino will also be shut and replaced by a new facility within the new Rock Run Crossings development.
wjol.com
Hollywood Casino Joliet announces move to Rock Run Crossings And Aurora Casino Moving Too
Hollywood Casino Joliet is moving to Rock Run Crossings and Aurora Casino is also moving. The new land-based casino will be built in Joliat and cost $185 million. It will include 800 slots, 45 live table games, a Barstool Sportsbook, high quality bars and restaurants, approximately 10,000 square feet of meeting areas and an event center. Construction is expected to begin in late 2023.
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Patch
Joliet, Aurora Hollywood Casinos On Move: Penn Gaming Confirms
Joliet, Aurora Hollywood Casinos On Move: Penn Gaming Confirms. Hollywood Casino will be relocated to the new Rock Run Crossings development in Joliet. Penn Entertainment Inc. will also move its Hollywood casino in downtown Aurora to a different location. The two projects will significantly improve the offerings in the Chicagoland market and create hundreds of new full-time jobs for the local communities.
HNR Hotel News
PENN Entertainment Announces New Hotels at Hollywood Casino Columbus (Ohio) and the M Resort (Nevada)
PENN Entertainment, Inc. announced plans to relocate its riverboat casinos in Aurora and Joliet, Illinois to new land-based facilities and build a new hotel at Hollywood Casino Columbus in Ohio and a second hotel tower at the M Resort in Henderson, Nevada.
Daily Herald
Hollywood Casino Aurora owners present plan to move out of downtown, rebuild by I-88
Hollywood Casino Aurora wants to move out of downtown Aurora and rebuild on a site closer to Interstate 88. The new location would cost about $360 million and include a casino with about 900 slot machines, 50 live table games and a sportsbook. It would also have a 200-room hotel with 10,000 square feet of meeting and event space. If approved, construction would begin in late 2023. Penn Entertainment is planning a similar shift with Hollywood Casino Joliet. The details will be presented to the public at a city council finance committee meeting at 3 p.m. Thursday.
Chicago Tribune
Will schools see revenue flow to them from Waukegan casino?
Waukegan's temporary American Place casino is scheduled to open this fall. Waukeson's Unit School District 60 students begin the 2022-23 school year on August 11. The temporary casino will have 1,000 slot machines and 50 table games. It will be staffed by at least 260 dealers. Mayor Ann Taylor wants to know what the winning casino bidder plans to do for the schools within the city limits. The permanent casino's construction will take 3-5 years. Warren Township High School district 121 and Woodland Grade SchoolDistrict 50 will eventually receive property tax revenue from the casinos.
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The Denver Channel
New law gives gaming division more power to investigate gray casinos
New law gives gaming division more power to investigate gray casinos. Colorado Division of Gaming Director Dan Hartman wants to get this market out of the state. Denver7 Investigates went undercover at several grey casinos earlier this year. In Colorado, casinos can only operate in Blackhawk, Cripple Creek and Central City. The new law allows the division to conduct investigations outside of these towns. Hartmann will work with local prosecutors and law enforcement. He believes most grey casino businesses are probably not legal.
US Bets
Illinois Casino, VGT Revenues Take Hit In June
Illinois Gaming Board reports $327.4 million in revenue from casino gaming and video gaming terminals in June. There were 745,546 admissions across the state's 11 revenues, nearly 50,000 fewer compared to May. The state collected $86.2 million from the two wagering disciplines.
European Gaming
Gaming Americas Weekly Roundup
This week's American gambling news roundup includes the latest news and new partnerships in the industry. Pragmatic Play has strengthened its position in Brazil with its partnership with Bingo ao Vivo. DraftKings Inc. has launched new igaming products in West Virginia. PokerStars has been granted a full registration to operate in Ontario. Passport Technology has announced the launch of its Lush loyalty and rewards platform and Mira player enrollment kiosks at Cahuilla Casino Hotel. BlueBet Holdings Ltd has signed an online market access agreement with Horseshoe Casino – Hammond.
Casino Guru
EveryMatrix to power Maltese National Lottery with content
EveryMatrix will provide Malta National Lottery with content. EveryMatrix is a subsidiary of IZI Group plc. NationalLottery plC won the tender to operate the lottery. It's the first time in 18 years that the national lottery has been operated by a Maltese-owned company. Since its privatization in 2004, the Malta Lotteries has run by non-Malta-based companies. This is the first time that it will be run fully natively. The Every Matrix content portfolio will help slash the black market and help players onboard onto traditional, regulated and highly-trusted alternatives.
Gambling News
EveryMatrix to Provide Online Games to Malta's National Lottery
EveryMatrix has an agreement with the National Lottery of Malta to provide online games for the operator.
European Gaming
EveryMatrix selected as the Online Provider for the National Lottery of Malta
EveryMatrix selected as the Online Provider for the National Lottery of Malta. EveryMatrix will integrate the IGT retail transaction engine into its CasinoEngine solution. The National lottery of Maltese will be run by a wholly-owned Maltian company for first time in 18 years. The lottery was privatised in 2004. It will provide Maltesers with a service that is local, innovative and of the highest levels of quality. NationalLottery plc will work closely with the authorities to eradicate all forms of lottery abuse.
Bradford Today
Aurora dad says $1M lottery win will 'go long way for my family'
Mir Alam Adam Ali of Aurora won a Maxmillions prize worth $1 million in the May 31, 2022, Lotto Max draw. He bought the ticket at One Stop Dollar & More on 14th Avenue in Markham. Mir will put the money toward his children's education. Lottos in Ontario have won over $7 billion since 2009. OLG is booking in-person prize claim appointments at the OLg Prize Centre in Toronto.
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European Gaming
CT Gaming Installs Cabinets in Holland Norway Lines Cruise Ships
CT Gaming has installed slot machines and cabinets in cruise ships. The company has been working with Seagaming for six years. Segaming is based in Norway and has a successful business. The last contract with CT Gaming is slot machine cabinets from the classic series of the company’s portfolio. They are connected to Rhino Casino Management System.
US Bets
Illinois Casino Revenue Surges To $122 Million For April
Illinois venues in play posted a 15.9% increase in April revenue to $122.4 million. The state received $21 million in tax receipts from casino gaming in the first four months of the year. Bally's was selected as the city's preferred operator on May 5. Chicago City Council could vote on the proposal next week. The Special Committee on Chicago Casino is meeting on Friday. It is expected to delay the vote until Wednesday.
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OwlDAO: Changing the gaming industry for Web 3.0
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Chicago Tribune
Column: Chicago rushes to approve casino deal while south suburbs hit jackpot with trusted partner
Chicago is in a hurry to approve a $1.7 billion casino deal. Chicago CFO testified that the city loses $1000 million per day in revenue without a functioning casino. Joliet has had a double casino payday for nearly three decades. In northwest Indiana, officials in Gary and Lake County have reacted to recent developments in Chicago. The first casino in Illinois opened May 4, 1993. It was called the Empress. Now it's owned by Hollywood Casino. They also own the naming rights to Tinley Park’s outdoor amphitheater. In Gary, the officials reacted by delaying the casino approval.
Seeking Alpha
Bally Stock: Chicago Casino Win Could Be Okay (NYSE:BALY)
Bally Stock (NYSE:BALY) is optimistic about Chicago casino win. The sector exploded after New Jersey legalized casinos in 1976. Resorts International (NASD:RES) was the first to go public in 1978.
World Casino News
Yggdrasil has new CEO and online slot Let It Slide
Yggdrasil has launched the fourth game from YG Masters partner studio Jade Rabbit. The new slot title, Let It Slide, transports players to the northern lands where they search for hidden treasures.
European Gaming
Yggdrasil and Jade Rabbit launch wild packed Let It Slide
Yggdrasil and Jade Rabbit have partnered for a northern lights adventure in Let It Slide. The game is the fourth Jade rabbit title in the YG Masters portfolio. It is powered by GATI technology. It follows earlier releases Steam Spin, Jambo Cash and Word of Thoth. Ygg drasils is a leading worldwide publisher of online gambling content. Its state-of-the-art technology enables partners to employ the preconfigured, regulation-ready, standardised development toolkit.
Journal & Topics
Off The Record: Casino Choice In Chicago Could Have Big Effect On Des Plaines
Des Plaines is considering a casino in Chicago. The city is about to choose a preferred operator. One of the bidders is a company controlled by Neil Bluhm, who developed Rivers Casino in Des Plaine. Rivers has been a success since it opened in 2011. Desplaines gets about $10 million a year from the casino. Most of that money goes to the state and 10 South suburbs. Elgin and Aurora casinos saw their income take a hit when Rivers opened. Chicago will probably open a temporary casino and divert money away from Rivers. In two to three years Des plaines will feel the financial pinch created by the opening of a Chicago casino, according to a consultant.
Chicago Tribune
The best choice for the Chicago casino is The 78
The higher the tax rate, the less the incentive for the operators to invest in the amenities. Illinois casinos have ringed Chicago since the early 1990s. Chicago wants to play this tricky game, lest it be left behind. The best choice for The 78 is The Ritz-Carlton.
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