Midwest Casino and Gaming News: Must-Know Updates from 12 States
A former Light & Wonder (NASDAQ: LNW) executive alleges he was instructed to falsify financial reports, raising potential federal securities law concerns. The claims emerged in a whistleblower lawsuit filed last month.
An opposition group in Cedar Rapids is voicing concerns against casino expansion, claiming lack of public support for additional gambling facilities.
Wind Creek Chicago Southland is preparing to open, pending regulatory approval from Illinois gaming authorities.
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Regional Casino Updates:
- Bally's faces an $800M financing gap for its Chicago casino project
- Detroit casinos continue operating with limited services due to ongoing worker strikes
- Full House Resorts (NASDAQ: FLL) stock declined Thursday while other gaming stocks remained stable
Missouri Sports Betting Development:
- Voters approved regulated sports wagering
- Sports betting stocks rallied following the vote
- DraftKings contributed $3.5M to support the betting PAC
Recent Casino Openings and Expansions:
- WarHorse Casino Lincoln (Nebraska) added gaming space and table games
- Century plans to open a new Missouri casino on November 1
- Hard Rock Rockford Casino opened with secured public transit access
- Ameristar Casino Resort announces convention center expansion
Property Developments:
- Marriott Hotel near Rivers Casino Des Plaines sold for renovation
- Bally's began demolition at Chicago casino permanent site
- Bally's revealed renderings for potential Ozarks casino
Notable Regional Updates:
- Nebraska casinos providing property tax relief to homeowners
- Nebraska online sports betting delayed until at least 2027
- Iowa gaming regulators commissioned two market studies for Cedar Rapids casino
- Cedar Rapids casino plans include Zach Johnson restaurant and STEM lab
Legal/Criminal News:
- KC Chiefs superfan sentenced to 17.5 years for series of bank robberies
- Lake of the Ozarks casino supporters file lawsuit over rejected ballot measure
Michigan Lottery News: A player who initially missed the jackpot by one number won $800,000 the following day.