Issue 189
April 26 - May 2, 2004
Volume 4
page 2
 

US Rhode Island state ponders casino gambling
As reported by The
Business Times

Some of the world's largest gambling companies are hunting for a once-in-a-lifetime chance to bite into one of the US' most lucrative casino markets.

Who could blame them? This is Rhode Island, and the appetite for gambling is ravenous. Average annual spending on scratch tickets and video lottery machines in the state tops out at more than US$1,000 a person.

If Rhode Island expands gambling, this could bring the first real competition Connecticut-based Foxwoods and Mohegan Sun have seen - and start carving into the US$400 million in slot machine revenue the state of Connecticut collects annually. Industry leaders also see Rhode Island as perhaps the last opportunity to crack the New England market, with Massachusetts appearing unlikely to approve a casino, Maine rejecting tribal gambling and Connecticut effectively ruling the region.

The question is whether it will be at a new Indian casino or at a dressed-up dog track that has thousands of video lottery terminals, devices that look and play like slot machines. Or both.

Both MGM Mirage and BLB have visions of creating a grander, casino-like attraction on the sprawling dog track property, which provides nearly all of the revenue for Wembley PLC. Kerzner's group has raised its bid for Wembley PLC to about US$555 million, slightly more than MGM Mirage bid recently.

Meanwhile, Harrah's is presenting its planned casino as a joint effort with the Narragansett tribe. Though they are federally recognised, the Narragansetts are prohibited by law from opening a casino without state residents' approval.

Harrah's, operator of 26 casinos, is aggressively pitching a US$500 million facility along Interstate 95 in West Warwick, that would be taxed like a commercial casino. It would be located on private property and not on reservation land.

 

 

 

 


Tribe releases design plans for casino in the gorge
As reported by The Associated Press

PORTLAND -- The Confederated Tribes of Warm Springs have released two design options for a planned casino in the Columbia River Gorge, one for each possible site for the gaming operation.

The final decision on placing the casino is up to Gov. Ted Kulongoski.

The Warm Springs made it clear since 1998 that the tribe wants to build a casino in the gorge, an 85-mile stretch of which falls inside a two-state federally protected national scenic area. Much of the scenic area is tightly regulated, but the guidelines do not apply to Native American lands or to the cities' urban growth boundaries within the scenic area.

The Cascade Locks casino would sit in an industrial park not far from a wood-pellet mill and the Columbia River. The low-rise building incorporates basalt rock and wood planks in its design, an artistic modeling of a Native American fishing village. Parking would be both above and underground.

The 500,000-square-foot building is planned to include a conference center, Native American museum and hotel.

Inside, small shops and restaurants would surround the slot machines and gaming tables. It also would have a swimming pool, spa and waterfalls surrounded by tribal cultural designs, such as petroglyphs and pottery.


Washoes' Indian Hills Casino project moving forward
As reported by The Nevada Appeal

North Douglas County could have a new 15,000-square-foot casino by the end of this year, said Bruce Dewing, president of the Holder Hospitality Group.

The property is owned by the Washoe Tribe. Final agreements between Holder and the tribe were recently filed with the National Indian Gaming Commission in Washington, D.C., for approval. A decision is expected in 30 to 60 days, Dewing said.

"As soon as we get approval to go forward, we'll put the project out to bid," Dewing said.

The owner of Sharkey's in Gardnerville, Holder will design, develop and manage the property. The Washoe Tribe will own the casino.

Located just south of Mica Drive on Highway 395, the project will encompass about 25 of the 75 acres owned by the Washoe Tribe at the site. Phase one includes a 200-slot machine casino, 50-space RV park, service station and convenience store. The project is tentatively planned through four phases.

 

Jewel

Trump Taj Mahal Casino Resort: Singer and songwriter, Jewel, performs a solo acoustic show for the "Schick Intuition Tour" at the Trump Taj Mahal Casino Resort.

Date: May 7, 2004

Price: $50

Time: 9:00pm

 

For more information please call: (609) 449-5150

 
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