Gaming head: Auctioning Foxwoods license not a sure bet HARRISBURG – The head of the Pennsylvania Gaming Control board warned Thursday that it would be unwise to auction off or relocate the gambling license recently revoked from the Foxwoods Casino project because the matter is now mired in litigation. Read more on Philly.com
Industry NewsMacau’s Ho transfers gambling stake to family Billionaire Stanley Ho has transferred almost all of his stake in gambling company Sociedade de Jogos de Macau Holdings to family members, the latest move in a handover of power as the casino baron struggles with poor health. Read more on AP via Yahoo! Finance
Industry NewsCoyotes deal looking shaky TORONTO — Bonds are failing. Lawsuits are pending. The media is in a froth. Denials are being issued. Tweeters are tweeting. Confused? Hopeful? Frustrated? Mistrustful? That should cover it all. Read more on Brandon Sun
Industry NewsFamily of Macau’s Ho deny seizing stake in casinos Relatives of Macau casino baron Stanley Ho deny they have improperly seized the billionaire’s stake in his gambling empire. Read more on AP via Yahoo! Philippines News
Industry NewsA.C. casinos face tough year A new report paints a grim picture of 2011 in the nation’s second-largest gambling market. Read more on Courier-Post
Industry NewsMoak: No new taxes for state’s casinos JACKSON — The chairman of the Mississippi House Gaming Committee said Monday he expects no serious effort by lawmakers to increase casino taxes in Mississippi this year. Read more on Mississippi Business Journal
Industry NewsAppeal filed on Instant Racing ruling The Family Foundation of Kentucky filed notice Thursday to appeal a judge’s December ruling that said the slot machine-like Instant Racing game is pari-mutuel wagering and therefore legal. Read more on Louisville Courier-Journal
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