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Online Casino News for Thursday - January 29, 2004

More Online Casino News
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• MGM 'encouraged', demure over plans for casino
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• Report sees no monetary bonus from a casino
• Decision due today on federal acknowledgement of tribe
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• Ehrlich asks for more cooperation
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• N.Y. Legislators Hope 'Racinos' Help Budgets
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Online Casino News
MGM 'encouraged', demure over plans for casino - 2004-01-29
Gaming giant MGM Mirage isn't revealing if it will ultimately construct a new casino in Atlantic City. It's not saying it certainly won't, either.

Terry Lanni, MGM Mirage's chairman and chief executive officer, expressed that he is encouraged by Gov. James E. McGreevey's new affirmation not to increase taxes on casinos or push for video slot machines at New Jersey racetracks without first winning the gaming industry's encouragement.
Read the full story at Press of Atlantic City
 
Connecticut casinos looking at other states - 2004-01-29
Connecticut's two giant Indian casinos are currently looking to bankroll other Native American gaming projects across New England and the country in a major move to extend business beyond their Nutmeg State base.

The $1.5 billion Foxwoods Resort Casino is discussing providing financial and management support to a pair of Maine tribes eyeing plans for a "racino" after a state-wide vote approved slot machines at Maine racetracks.
Read the full story at Boston Herald
 







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2008-12-02