Fri, Aug 27, 2010
High-energy casino executive Dennis Gomes buys Resorts Atlantic City in a deal that could mean as much for the city as it will for the troubled hotel. Few details on the deal are available, but some experts speculate that he paid less than $50 million for the property.
Fri, Aug 27, 2010
The latest push to establish casino gaming on Saipan came in the form of a House bill, which passed last week. However, the Senate once again appears ready to oppose casinos.
Fri, Aug 27, 2010
A shortage of construction workers due to the Macau government’s restrictions on foreign employees has delayed the completion of a Las Vegas Sands project (parcels 5 and 6, l.) and threatens Galaxy Entertainment’s Cotai Strip development.
Fri, Aug 27, 2010
The development company that has the right to build a casino in Cleveland has agreed to buy 16 acres near the city’s Tower City Center (l.) that would be used for the permanent casino. He has also purchased another building to serve as a temporary casino while the permanent one is built.
Fri, Aug 27, 2010
Harry Reid says he’s considering permitting an online poker bill to move through Congress, but his Nevada constituents aren’t happy about it.
Fri, Aug 27, 2010
Cosmopolitan Las Vegas, the newest luxury casino resort set to open mid-December on the Strip, has partnered with Marriott’s Autograph Collection, solving one of its big problems: the lack of a hotel reservation service.
Fri, Aug 27, 2010
The Macau casinos are doing tremendous business because of the positive economic situation in China. But what happens when things turn south or the government decides enough is enough? Can you base your business on this relative uncertainty?
Fri, Aug 27, 2010
The subject of casino gaming was recently re-introduced into the discussion on Barbados. The leadership of the island’s hotel and tourism association believes the local product doesn’t need casino gambling to compete. The Barbados Hilton at left.
Fri, Aug 27, 2010
Dr. Ian Blackburne will take over as chairman of Australia’s Aristocrat Leisure Ltd. effective December 1, replacing the retiring David Simpson.
Fri, Aug 27, 2010
Visitation to Singapore continues to increase as both casinos (Marina Bay Sands at left) start operating on all cylinders.
Fri, Aug 27, 2010
This week the Global Gaming Business Podcast features an interview with Reese Palley, an early businessman in Atlantic City who left to sail the world after selling a hotel to Bally Manufacturing where the Bally’s Atlantic City hotel and casino is located today.
Fri, Aug 27, 2010
The Macau casino market has introduced the Western world to the phenomenon of the VIP gaming promoter. Now, shares of one of the major participants in this activity are being traded on the NASDAQ.
Fri, Aug 27, 2010
The individual shops and restaurants of Marina Bay Sands’ retail component are said to be almost completely under contract.
Fri, Aug 27, 2010
It is no surprise to learn that the financial troubles of the Greek economy have hurt the casino industry in the region as well. Operator Queenco Leisure International has four properties (Casino Rodos, l.) in the affected area and felt the pinch in the first half of the year.
Fri, Aug 27, 2010
The new Casino Valencia from Spain-based operator Cirsa has opened its doors. The structure houses the mix of gaming and leisure amenities that has come to be expected of a modern Mediterranean casino.
Fri, Aug 27, 2010
The national gambling association of Hungary is calling for the government to regulate online gaming, in similar fashion to what has been adopted by Italy and France.
Fri, Aug 27, 2010
The push for a second casino in the Australian state of Victoria could have an unintended consequence for the local incumbent member of Parliament, Peter Crisp (l.).
Fri, Aug 27, 2010
The autonomous Canary Islands of Spain has passed and activated new and comprehensive gaming legislation.
Fri, Aug 27, 2010
A group of 21 California tribes calling itself the California Online Poker Association has formed to push for legalized online poker in the Golden State.
Fri, Aug 27, 2010
Canadian state lottery and gaming operator British Columbia Lottery Corporation appeared to be heading for another fall when the re-launch of its online gaming site failed to materialize on schedule. Luckily, it was just the usual technology-related stuff.
Fri, Aug 27, 2010
A practice that allows bettors to assign the odds in horse racing bets seems headed for adoption in the California legislature.
Fri, Aug 27, 2010
Regarding state-run online gaming, the ice has been broken in Canada by the B.C. Lottery Corp.’s PlayNow site. At the opposite end of Canada, Nova Scotia is considering a similar move.
Fri, Aug 27, 2010
The results of the upcoming election for one of Florida’s U.S. Senate seats could affect an eventual vote on Rep. Barney Frank’s online gaming bill.
Fri, Aug 27, 2010
State Lottery Division is currently testing electronic table games for racinos; the first will roll out at Saratoga next month. (Casino Technology’s multi-player roulette game at left.)
Fri, Aug 27, 2010
Illinois racetracks are holding shorter and shorter seasons, a symptom of an underlying ailment caused by a declining ability to fund competitive sized purses. Fairmont Park (l. during its heyday), may have held its last meet ever.
Fri, Aug 27, 2010
If the owner of New Mexico’s Ruidoso Downs Race Track doesn’t persuade Lincoln County voters to give him a tax rebate next month, he has no shortage of other towns wooing him to move his operation.
Fri, Aug 27, 2010
With other casino proposals dropping out, an important approval from a St. Louis agency gives the nod to the only plan left, near the Chain of Rocks Bridge (l.)
Fri, Aug 27, 2010
Davenport officials are talking to two gaming operators interested in purchasing Isle of Capri’s license, which could bring a much-needed boost in revenue. The Isle’s Rhythm City Casino (l.) would then close.
Fri, Aug 27, 2010
Once considered the premier greyhound racing park in the world, Wonderland Greyhound park closed last week, reopening the fresh wounds created by the gaming bill that the Massachusetts legislature passed last month but which Governor Deval Patrick refused to sign.
Fri, Aug 27, 2010
The state Gaming Control Board has issued a complaint against Las Vegas’ Caesars Palace for the casino’s lack of action when a player climbed onto a baccarat table.
Fri, Aug 27, 2010
Mississippi casinos saw an increase in revenue from earlier months since the oil spill, but the spill and the recession have still aided in lower revenue than the area saw last summer.
Fri, Aug 27, 2010
Some Pennsylvania casinos report a shortage of qualified table game dealers. Others report many more applicants than available jobs.
Fri, Aug 27, 2010
The Can Can casino project was approved for waterfront property at a public hearing this week in D’Iberville, Mississippi.
Fri, Aug 27, 2010
Station Casinos reached an agreement last week with unsecured creditors who originally opposed the reorganization of the bankrupt company.
Fri, Aug 27, 2010
Nevada’s June results for gaming revenue once again showed that Las Vegas and other state casinos have a long recovery ahead.
Fri, Aug 27, 2010
Wheeling Island in West Virginia will close its racetrack for the majority of September as the track undergoes a large renovation.
Fri, Aug 27, 2010
Many states have tried to change and expand their gaming laws in an attempt to raise more funds as tax revenue decreases—many have not been successful.
Fri, Aug 27, 2010
Owners of the Las Vegas Hilton reached an agreement with lenders to push back mortgage payment until 2012.
Fri, Aug 27, 2010
Results of the Hanson commission are being treated as suggestions only as lawmakers prepare for long battle on gaming, racing.
Fri, Aug 27, 2010
New York State lawmakers, lottery differ on who knew what about alleged ties between Genting, the casino giant chosen to run Aqueduct, and Pansy Ho.
Fri, Aug 27, 2010
But the arguments about electronic bingo may continue when Bob Riley is gone. The candidates for lieutenant governor are on opposite sides of the gambling issue.
Fri, Aug 27, 2010
New Jersey Senator Jim Whelan scoffed at an assemblyman’s plan to bolster security in Atlantic City by making the casinos foot the bill.
Fri, Aug 27, 2010
SugarHouse in Philadelphia will be the state’s fourth stand-alone casino. There are also six racinos, with plans for more gaming halls.
Fri, Aug 27, 2010
Documents detail profligate spending by former Miccosukee tribal chairman Billy Cypress (l.), all on the tribe’s tab. In Vegas, he spent $227K in two weeks.
Fri, Aug 27, 2010
A case that has been appealed to the U.S. Supreme Court may finally allow the courts a chance to weigh in on the issue of tribal sovereignty as it relates to such issues as business contracts and bankruptcy.
Fri, Aug 27, 2010
The holy grail of casino gaming in Oregon is being debated as taxes and development are an issue. Tribes and bars with video lottery machines are opposed.
Fri, Aug 27, 2010
A squabble between a southern California city and a casino tribe could have statewide implications for Indian gaming. The casino floor of the Pechanga casino at left.
Fri, Aug 27, 2010
Creditors who are owed over $100 million by former California developer Kelly Gearhart may get an interest in a scheme to fund a landless tribe’s entrée into Indian gaming.
Fri, Aug 27, 2010
The Michigan casino that opened its doors last August has already paid back a $35 million loan used to buy the casino’s slot machines.
Fri, Aug 27, 2010
The Navajo Nation was approved for a $5.3 million dollar loan to develop two new casino properties set to open this year. Nation President Joe Shirley Jr. (l.) signed for the loan.
Fri, Aug 27, 2010
A Department of the Interior decision to deny the Habematolel Pomo a gaming compact could lead to more serious issues statewide.
Fri, Aug 27, 2010
The Milwaukee tribal bingo casino saw its first major downturn from the economy after June’s fiscal year reports came out.
Fri, Aug 27, 2010
Opponents of a casino expansion project in Northern California are attacking the environmental impact report issued by the tribe that wants to build it, the Yocha Dehe Wintun Nation.
Fri, Aug 27, 2010
Victor Drai (l.), credited with starting the ultralounge trend when he launched Drai’s Afterhours at the Barbary Coast (now Bill’s Gambling Hall), has parted ways with Steve Wynn and Wynn Resorts where he launched two highly successful nightclubs.
Fri, Aug 27, 2010
Lorenzo Creighton has resigned as president of MGM Grand Detroit to take over the helm at Gateway Casinos, a Vancouver-based gaming company, controlled by Australia’s Crown Casinos.
Fri, Aug 27, 2010
Gaming Partners International has promoted Gerald Koslow to the position of chief financial officer and treasurer.
Fri, Aug 27, 2010
Jim Rigot, a longtime Atlantic City executive will depart in October. His replacement, Trump Marina GM Mark Sachais, will run two casinos.
Fri, Aug 27, 2010
Steve Karoul will be a “a major asset” at Foxwoods, says Bill Sherlock, the president of the Mashantucket Pequots' gaming operations.
Fri, Aug 27, 2010
Casino veteran Anthony F. Santos was given permission by the Nevada Gaming Commission to take control of three downtown Las Vegas casinos.
Sat, Aug 28, 2010
After 11 years with the Detroit casino, COO and general manager Rhonda Cohen retired this month.
Fri, Aug 27, 2010
Penn National Gaming will replace longtime general manager Patt Medchill with former Philly casino president.
Fri, Aug 27, 2010
The owners of two Onamia, Minnesota casinos brought in IT genius Dwight Terrance as chief innovation officer.
Fri, Aug 27, 2010
Galaxy Gaming announced that the Pennsylvania Gaming Control Board has approved the company to sell its table-game side bet products in the state.
Fri, Aug 27, 2010
The Navajo Nation has selected Table Trac’s Casino Trac casino management system for its new Flowing Water Navajo Casino in Arizona.
Fri, Aug 27, 2010
Spain’s Casino Barcelona has installed Novomatic’s Novo Flying Baccarat multi-player electronic table game.
Fri, Aug 27, 2010
Atronic’s King Kong Cash slot machine, to be launched in three locations in Chile, will be the country’s first wide-area progressive game.
Fri, Aug 27, 2010
The Detroit casino and hotel won the Pinnacle Award for its hotel’s outstanding meeting guest service this year.
Fri, Aug 27, 2010
Investor website Motley Fool pegs Las Vegas Sands as a great investment because its chairman, Sheldon Adelson (l.), has a lot more to lose than any of the other chairman of the major gaming companies.
Fri, Aug 27, 2010
The art world is claiming that Steve Wynn (l.) got a tremendous bargain when he picked up a Rembrandt self portrait for “only” $33 million.
GGB Magazine | GGB News | RD&E Magazine | Casino Design | Tribal Government Gaming | GGB iGames | Casino Connection
RSS 2.0 Feed