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Mashantucket’s bond ratings downgraded

NEW YORK – Standard & Poor’s rating services has lowered its ratings to the default category on three special revenue bonds issued by the Mashantucket Pequot Tribal Nation. Read more »

More Gaming Stories

Grand opening success for Choctaw Casino Resort

DENVER – WorthGroup Architects celebrated the early opening of the Choctaw Casino Resort expansion project in Durant, Okla. for the Choctaw Nation of Oklahoma. Read more »

Getting a ‘yes’ when you need it

Are you constantly tracking down your executives and managers to get approval for your marketing projects? Do you spend more time getting the “yes” than it took you to put your programs together? Effective, efficient and productive marketing requires group consensus. Even the most experienced, organized marketing executive needs participation and input from the executive team, all marketing staff, other department managers, frontline employees and yes, even customers. Not only is involvement and buy-in necessary and critical, but before any program can be implemented, a series of approvals must be obtained. Successfully circumnavigating the maze that is the approval process is often a marketing professional’s personal albatross. Read more »

Foxwoods awards another Megajackpot; $2.7 million paid this year

MASHANTUCKET, Conn. – Dennis Hubbard won $509,827 when he hit a Temple of Treasure MegaJackpot at Foxwoods Resort Casino Feb. 21. Read more »

West Valley to get massive Las Vegas-style casino?

GLENDALE, Ariz. (AP) – A plan by a southern Arizona Indian tribe to build a casino and resort in the Phoenix area has divided tribes, split cities and is now sparking a debate at the Legislature about tribal sovereignty. Read more »

Obama nominates Pequot man to fill NIGC seat

WASHINGTON – For the first time in more than two years, the National Indian Gaming Commission is about to be fully staffed. Read more »

Internet gambling: Threat or opportunity?

The likelihood Internet poker will soon be legal in the United States is igniting a fear among some tribal leaders that online gambling will impact revenue from tribal government casinos. Internet gambling proponents contend the fears are unwarranted as online gamblers represent a segment of the public that is not patronizing casinos. Read more »

Conn. risks $400m annual loss from Indian gaming revenues

HARTFORD, Conn. – A legislative hearing on the state’s proposal to add electronic Keno to its stable of games of chance in an effort to close part of the state budget’s $1.3 billion revenue gap had a moment of high irony when the head of the gaming agency testified in favor of the plan. Read more »

Seneca Allegany awards $1.1 million Megajackpot

SALAMANCA, N.Y. – Nang Thai won a $1.1 million Wheel of Fortune Special Edition MegaJackpot at Seneca Allegany Casino March 7. Read more »

Tribe to distribute nearly $2 million

ATHENS TOWNSHIP, Mich. – The Nottawaseppi Huron Band of the Potawatomi (nhbpi.com/) recently announced its first payment to the FireKeepers Local Revenue Sharing Board would be almost $2 million. A check was presented Feb. 12. Read more »

VeeQuiva awards second Megajackpot this year

LAVEEN, Ariz. – Adeline Blackwell won $112,915 when she hit a Wheel of Fortune quarters MegaJackpot at Gila River’s Casino VeeQuiva Jan. 23. Read more »

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