Gaming Legal News - October 25, 2012 • Volume 5, Number 23

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In This Issue:

- RACING TO NEW OFF-RESERVATION GAMING IN OREGON:

Oregon currently has nine tribal casinos. A race is on to build new casinos to capture the Portland and Medford markets. The stakes are high – casino backers project $400 million in adjusted gross revenue for a casino near Portland. But despite investments of millions of dollars, each runner is frozen at the starting line...

- EASTERN EUROPEAN GAMING SUMMIT:

The 5th annual Eastern European Gaming Summit was held in Sofia, Bulgaria, last week. The big news up for discussion at the conference was Bulgaria’s adoption of a new gaming law that includes internet gaming legislation and the licensing of foreign gaming equipment manufacturers as well as a new regime for testing and certification of gaming products by internationally recognized testing laboratories. Kaloyan Krastev, the Chairman of the Bulgarian State Commission on Gambling, announced that the Commission is diligently working on a regulatory framework for internet gaming...

- DETROIT CASINOS’ SEPTEMBER REVENUES INCREASE FROM SAME MONTH LAST YEAR: MICHIGAN GAMING CONTROL BOARD RELEASES SEPTEMBER 2012 REVENUE DATA:

The Michigan Gaming Control Board (“MGCB”) released the revenue and wagering tax data for September 2012 for the three Detroit, Michigan, commercial casinos...

Please see full newsletter below for more information.

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Published In: Administrative Agency Updates, Art, Entertainment & Sports Updates, General Business Updates, International Trade Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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