Show Me Gaming

Financial Reports

Just a reminder that Missouri Gaming Commission financial reports will be posted on the website tomorrow morning. www.mgc.dps.mo.gov

Isle of Capri Founder Dies

ST. LOUIS, July 6 /PRNewswire-FirstCall/ -- Isle of Capri Casinos, Inc., today announced that the Company's founder and chairman of the board of directors, Bernard Goldstein, passed away on Sunday, July 5, 2009.

"Bernie was a true visionary, an entrepreneurial spirit. He will be remembered fondly as a man who stood by his word, who cared deeply about all those who worked for the many companies he led and loved his family with all of his heart," said James B. Perry, executive vice chairman and chief executive officer. "He founded and built this company with his outstanding dedication and constant desire to help improve communities and create good jobs. He will be missed dearly by his family, friends and those who knew him, but his legacy will live on each day through the thousands of individuals who proudly go to work in a company Bernie built."

Happy 4th of July

The editorial staff of Show Me Gaming wishes everyone a happy and safe 4th of July.

Russia Closes Casinos

Prime Minister Vladimir Putin says Russia is closing casinos and gambling halls. Read the story from the Associated Press in the Kansas City Star.

Online Gambling Inevitable?

the latest from newonlinecasinos.org -

In Goldman Sachs latest note to investors, it has been predicted that the US will legalize and regulate the online gambling industry. It is another example of how a growing number of people believe the legalization of Internet gambling is inevitable.

Representative Barney Frank has introduced two pieces of legislation regarding online gambling. The first would be to postpone the rules from the Unlawful Internet Gambling Enforcement Act from going into effect in December.

The second is the more intriguing Bill for online casinos. The legislation calls for legalization and regulation of online gambling in the US. Frank has tried before to overturn the UIGEA, but his latest effort appears to have much more support, and people are taking notice.

"We believe it is logical to assume that the US market will eventually regulate," wrote Goldman Sachs in a note to investors today, "given the potential implications for US tax take, if nothing else."

Waiting

They are waiting for a decision in Kansas. The Kansas Lottery Commission has asked for an extension in announcing who will win the coveted contract. More from the Business and Technology
news-journalonline.com

Missouri Gaming Commission Meeting

The Missouri Gaming Commission held its monthly meeting today in Jefferson City. Among highlights was the approval of the new two dollar beige chip. Why two dollars? Even increments. Why beige? Because it goes with everything! Not really. Beige was a color suggested by industry, and represents a distinct separation between other colors.

In other matters the Commission approved the relicensure of Paltronics, extended the license of
Tech Art Manufacturing and approved settlement agreements for Argosy, and Isle of Capri.

It was the first meeting under the direction of Chairman Jim Mathewson.

The MGC also approved hearing officer recommendations which kept seven license applicants from being approved. Most of the seven did not disclose criminal arrests during the application process.

Eye on You

The Ontario Gaming Commission is installing facial recognition technology at gaming locations. Read this story at AncasterNews.com

News in Las Vegas

this from Sunday's Las Vegas Review Journal:

Missouri Gaming Commission Director Gene McNary assured gamblers that two casinos owned by bankrupt Herbst Gaming will continue operating as they have. The Las Vegas-based company is in a prepackaged restructuring.

McNary said the Terrible's St. Jo Frontier in St. Joseph and the Terrible's Mark Twain in LaGrange are "vital to their communities."

As part of its bankruptcy deal, Herbst Gaming will give up control of its 15 casinos, including the three Primm casinos and Terrible's Casino.

Finders Keepers?

Here is the scenario: you approach a slot machine, and you find credit or a ticket in the EGD, or a ticket with value anywhere else on the gaming floor. What do you do?

If there is money left on a machine when you first walk up to it, you should notify the casino staff. If you have already started playing on the machine, then you realize there are more credits than you have won or bought-in for, stop playing immediately and notify the casino staff. The staff may be able to review their records to determine whose money it is and return it to them. If a person intentionally takes the property of another and deprives the rightful owner of its use, that person may be arrested for stealing. This also applies to tickets and cash left in the machines or found on the casino floor. If you know who it belongs to, please give it back. If you don't know who it belongs to, notify the casino security staff so they can try to identify the rightful owner. Try to follow the Golden rule- Someday the found money may be yours.