A poll in Florida has found the overwhelming majority of voters want a say in the gambling industry’s future in the state. 81% of the state’s voters told Tampa Bay Times that they want a referendum on the expansion – which would bring the state around $1billion in revenue. If a referendum were to take place all signs point to it being a close run thing. Right now 42% are for expansion, 44% againt and the remaining 14% undecided.
Researchers at a Nevada university are reporting casino debt for the state’s casino industry is at its highest level ever. The University of Nevada, Las Vegas (UNLV) Center for Gaming Research study found total liabilities have seen a 18-fold increase since 1984 to $51.2billion during the fiscal year to June 2011. In the same year the casino industry only made a combined $22billion in revenues. Director of the centre, David Schwartz, explained: “This says that the growth that we saw and the investment that we saw in the middle of the decade was quite different from what we saw in the middle of the ’90s.”
The figures will shock some but with most of the casino business behemoths focusing on Asia it won’t cause them to worry a massive amount.
More than a dozen workers were injured when part of a roof collapsed at the site of a new casino business in Cincinnati. The Horseshoe Casino Cincinnati, being part developed by Rock Gaming and Caesars Entertainment, saw a section of the roof collapse into a V shape on Friday. One worker is in a serious condition and about a dozen more had minor injuries and it represents the second casino construction accident in Ohio in a matter of weeks.
