Jan 31 / jaypaw

News Clips – January 31, 2010

Harrah’s seeks Crown’s Macau casinos stake
smh.com.au – January 31, 2010
THE James Packer-controlled Crown could get an offer for its $US600 million ($A675 million) stake in its Macau joint venture.

Queens cronies’ horse power
nypost.com – January 31, 2010
The players in the New Direction Local Development Corp. charity have close ties to those involved with the $300 million deal to bring video-terminal gambling to Aqueduct Racetrack.

Editorial Alabama: Electronic bingo’s cast of characters
blog.al.com – January 31, 2010
The gambling debate has quickly turned ugly in the last couple of weeks, leaving Alabamians trying to sort out for themselves what should be done while trying to avoid flying mud and convoys of state troopers.

No quick riches – Powerball comes to Bay State
telegram.com – January 31, 2010
Beginning today, Bay State residents have a new way to dream of riches — as Massachusetts joins 40 other states that sell tickets for the Powerball lottery game. No longer will players here have to cross state lines to satisfy their craving for yet another gambling option.

Editorial WV – Review Issues Facing Wheeling
theintelligencer.com – January 31, 2010
Most mayors of small towns and cities do not deliver formal “State of the City” addresses, but Wheeling Mayor Andy McKenzie plans to present one on Feb. 16. We think that is an excellent idea, provided McKenzie does not follow the “state of” formula used so often by others in public office.

Offering additional entertainment at racetracks is wave of the future
fredericknewspost.com – January 31, 2010
Too bad the ruler of Dubai didn’t bid for ownership of Maryland’s thoroughbred race tracks, scheduled to be auctioned Feb. 8 as parent company Magna Entertainment emerges from bankruptcy reorganization.

Ontario – North Bay Area vies for OK to be site for new casino
nugget.ca – January 30, 2010
An announcement in February by Economic Development Minister Joe Cordiano that the province would look at potential areas for new casinos signaled the start of a three-way race among competing bids in the Nipissing District.

As New Jersey Tightens Its Belt, the Racing Industry Holds Its Breath
The New York Times – January 30, 2010
Meadowlands Racetrack has had some of the highest-quality harness racing in the country and dozens of the sport’s most important races. But in recent years, the track has become a money-losing drain on the state of New Jersey, which now threatens its survival.

Casino discord delays land-based debate
courier-journal.com - January 30, 2010
The Senate this week will consider a gambling bill meant in part to help Indiana combat competition from casinos expected to open in Ohio in the next couple years.

Oregon Editorial – Time to bury casino issue
theoutlookonline.com – January 30, 2010
The idea of building a mega casino in Wood Village has been kicking around for five years now, and it’s time to put the issue to rest.

Crist unveils $69.2 billion budget based on money the state doesn’t yet have
Orlando Sentinel – January 29, 2010
Gov. Charlie Crist unveiled a bulked-up, $69.2 billion state budget Friday, which increase state spending on schools and the environment and puts the governor sharply at odds with the Legislature, which is preparing to cut spending.

Washington – Bank that financed Nooksack casino fails
bellinghamherald.com – January 29, 2010
Less than six months after it filed a lawsuit against the Nooksack Indian Tribe to force repayment of more than $26 million in casino loans, Marshall Bank of Minnesota has been shut down by federal regulators.

International

Russia’s first legal casino opens in Azov City
rt.com – January 31, 2010
After a ban on gambling outside special areas, the first legal casino opened Saturday in the southern Krasnodar region.

South Africa – Casinos pour billions into economy
timeslive.co.za - January 30, 2010
Casinos have injected R143-billion into the country’s GDP since gambling was legalised in 1996, said an industry survey released yesterday by the Casino Association of South Africa.

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