 | The Gang discusses mid-term elections' implications on the gambling industry, both nationwide and in Massachusetts. They also discuss the Santa Ysabel tribe's launch of online bingo in California and make predictions for the WSOP November Nine.
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Massachusetts voters saved the state's casino industry last week by overwhelmingly rejecting a ballot referendum that would have tossed a three-year-old gaming law.
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The company will now pay its $85 million licensing fee to the Massachusetts Gaming Commission and is expected to begin work on a project in downtown Springfield.
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Proposition 48 asked California voters to approve the North Fork Rancheria Band of Mono Indians' casino project that was OK'd by lawmakers and Gov. Jerry Brown. Now the project is in limbo.
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American Gaming Association CEO Geoff Freeman was one of six business executives named by the U.S. Chamber of Commerce to its Association Committee of 100.
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Macau's fifth straight monthly decline is also the largest single-month drop since American-owned casinos began operating in the market in 2004.
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Genting could begin working on Resorts World Las Vegas, a $4 billion hotel-casino complex, in the coming weeks.
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Whether it's a beer festival, country music concert or truck race on a dirt lot across from the Luxor on the Strip's south end, MGM and Caesars are among the landowners and event promoters using open space as outdoor venues.
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The hotel-casino lost $15.3 million in the quarter that ended Sept. 30, compared with a $19.4 million loss in the same quarter a year ago.
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If successful — Las Vegas-based Pinnacle said the process could take up to a year to complete — the company will become two publicly traded entities.
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