Online Casino News

Casino proposal gives state ownership - 2004-01-31
A gambling company that currently functions in Illinois has proposed $506 million for the state's last casino license in an agreement that would make the state the majority owner of a gambling hall and guarantee the company the long-term right to manage it, a source close to the bidding process told The Associated Press.
According to the offer by Wyomissing, Pa.-based Penn National Gaming, the company would pay about $255 million to construct the casino, then sell it to the state for $1.
Read the full story at The Herald News

Legislation needs Indian casino authorization - 2004-01-31
Two East Coast members of Congress want to boost community involvement with Indian gaming development.

U.S. Representatives Christopher Shays, R-Conn., and Frank Wolf, R-Va., on Wednesday brought in the Tribal and Local Community Relationship Improvement Act, which would require state legislatures to authorize new Indian casinos.
Read the full story at thedesertsun.com