Casino Gambling « CBS Philly

Table Games Revenue Up in Pennsylvania During April

That good news must be taken with a grain of salt, however, because table game revenues in April were less than a third of the overall take from slots, which are taxed at a much higher rate.

2013/05/16

Pa. Casino Regulators Okay SugarHouse Expansion, Including Smaller Garage Tower

Sugarhouse casino officials say construction should take about two years now that the Pennsylvania Gaming Control Board has approved a revised plan to expand their waterfront casino.

2013/05/15

(The Atlantic Club casino-hotel. Photo provided)

Online Gambling Company Calls Off Purchase of Atlantic City Casino-Hotel

What led to the sudden change of heart is not clear.

2013/05/01

(Kiki Bolender of the Design Advocacy Group testifies before the Pa. Gaming Control Board. Credit: Steve Tawa)

Design Group Says Wynn’s Casino Proposal Is Worst Among Philadelphia Applicants

“Only the green roof parking garage saves it from an F” in their report card on the applications, the group’s spokeswoman said.

2013/04/11

(The Atlantic City skyline at night. File photo)

Atlantic City Will Open To Legalized Fantasy Sports Betting

Fantasy sports enthusiasts will be able to place bets on the results of matchups between their (nonexistent) teams, but it won’t be taxed like gambling.

2013/03/18

(The Pinnacle site, after the Sands casino-hotel was demolished. File photo)

Beachfront Site of Defunct ‘Pinnacle’ Project Sells For $30 Million

Pinnacle spent over $270 million to buy the former Sands hotel-casino, and millions more to implode it, with plans for a mega-casino that never got off the ground.

2013/03/08

NJ Lawmakers Give Gov. Christie A Revised Online Gambling Law

New Jersey legislators have once again approved a plan to allow for online gambling within the state. And this time, proponents expect Governor Chris Christie to approve it.

2013/02/26

New Jersey Gov. Chris Christie (credit: Chip Somodevilla/Getty Images)

Gov. Christie Again Vetoes New Jersey’s Internet Gambling Law

Gov. Chris Christie has vetoed a bill that would have made New Jersey the third state to legalize gambling over the Internet, but he says he will support such a law if it were put on a 10-year trial period.

2013/02/07

(Dr. Walter Lomax at lectern. Joe Procacci listens with Joe Canfora, president of Procacci's PHL Local Gaming LLC, applicant for a casino license. Credit: Pat Loeb)

South Philadelphia Physician Takes Stake As Partner For A Philadelphia Casino

Dr. Walter Lomax began with a small private practice in South Philadelphia and now controls a business empire that includes real estate, venture capital, and media.

2013/01/29

Atlantic City Casino Revenue Down 8 Percent In 2012

Revenue at Atlantic City’s casinos fell 8 percent in 2012, to just over $3 billion. It was the sixth straight annual decline.

2013/01/10

(The presentations and hearings will take place at the Pennsylvania Convention Center. File photo)

Public Presentations, Hearings Set For New Philadelphia Casino Proposals

The Pennsylvania Gaming Control Board has scheduled three days of events: an information-only presentation in February to be followed by two days of public hearings in April.

2012/12/18

(Slot machines in the Sugarhouse casino, on North Delaware Avenue in Fishtown. Credit: Michelle Durham)

Pa. Lawmaker Presses For Public Input In Selection of 2nd Phila. Casino Site

“We are in a different position than we were back in 2006,” says Pennsylvania state senator Larry Farnese.

2012/11/20

(A Parx casino gambling table. File photo by Brad Segall)

Bucks County Health Clinic Gets $125,000 Grant Funded By Casino Taxes

The Bucks County Redevelopment Authority has awarded more than $3.8 million in “casino impact grants,” funded through taxes on the slot machines.

2012/11/19

(The Pennsylvania Gambling Control Board. File photo by Tony Romeo)

Another Philadelphia Casino Applicant Emerges at 11th Hour

The Pennsylvania Gaming Control Board says it has received six applications for Philadelphia’s second casino license — including one that wasn’t on the radar screen until now.

2012/11/16