black hawk casino onlineThe first was between the State and the influential Seminole tribe; the second between the two polarized chambers of the State legislature. Former Wynn Resorts board member Kazuo Okada is suing the company over his 2012 dismissal and the forced redemption of his 20 percent stake in the firm, a move that Okada says wasn’t made by the board because it was in the best interests of the company, but rather on orders from Steve Wynn himself.Murren, MGM Must Deal with Shooting AftermathAnother CEO to earn a raise in 2017 was MGM Resorts CEO James Murren. The first was between the State and the influential Seminole tribe; the second between the two polarized chambers of the State legislature. reopening of thunder valley casino(Image: Politico)The biggest winners in both battles, were, arguably, the Seminoles.In November 2016, a federal court in Tallahassee delivered the shock verdict that Florida had violated its 2010 compact with the Seminoles by permitting the state’s parimutuel venues to offer house-banked games.The compact had afforded the tribe exclusivity on such games until 2015 in return for over a billion in revenue shares. While most damages are likely to be paid by insurers, the legal and public relations ramifications from the shooting will extend into 2018 and beyond.Frissora Leads Caesars Out of BankruptcyOn the other hand, Caesars Entertainment President and CEO Mark Frissora reportedly took a pay cut in 2016, though his compensation package of .5 million was still more than enough to keep him living large.That could easily change when his 2017 earnings are announced. Following the tragic mass shooting in Las Vegas on October 1, MGM is facing lawsuits from more than 450 victims. tachi casino palace

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lake tahoe casinos with child careThe Florida gambling landscape witnessed two major political power struggles in 2017. Frissora helped Caesars emerge from bankruptcy after a three-year effort, and in October, he spoke to investors about the corporation’s plans to grow their operations not only in Las Vegas, but also in other global destinations like Japan, Brazil, and South Korea.Northeast, Asia Likely Battlegrounds in 2018So where will the big money players be focused heading into 2018? Increased competition may be the biggest concern to their respective bottom lines, particularly in the northeastern United States, where new casinos in Massachusetts and Connecticut, along with the introduction of online gambling in Pennsylvania, could put a lot of pressure on markets that are already beginning to feel saturated.High stakes are at play in Asia as well coming into the new year. And you know what that means: bigger payouts for the gambling industries biggest moguls in 2018.Wynn immediately sold .2 million in stock, providing himself with plenty of spending cash to start the new year.The casino mogul has other big money stock issues pending, though. The first was between the State and the influential Seminole tribe; the second between the two polarized chambers of the State legislature. Following the tragic mass shooting in Las Vegas on October 1, MGM is facing lawsuits from more than 450 victims. casino poker 99