Show Me Gaming

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.

Moody's Not Optimistic

Moody's is uncertain about the timing of a casino recovery on the Las Vegas strip and Atlantic City. Read the story from hotelsmag.com

Pinnacle

Pinnacle Entertainment has launched a new website for the River City Casino. Check it out at
www.therivercitycasino.com

FAQ

Each day the Missouri Gaming Commission fields calls from people interested in conducting Texas hold 'em tournaments, mouse races, and casino nights for fund raising activities. Each day people want to know if these activities are legal. The Missouri Gaming Commission advises those who call to please consult their local prosecuting attorney as to the legality of their events. The Missouri Gaming Commission regulates riverboat gaming and charitable bingo.

Missouri Holds Strong

Bill Draper of the Associated Press reports on Missouri gaming revenues. Draper interviews
MGC Executive Director Gene Mc Nary for the story. Read it in the Springfield News Leader.