The online gaming community believes PokerStars’ planned entrance into New Jersey’s Internet wagering market in October is the fuel needed to kick-start the state’s stagnant gambling activity into overdrive.
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Casinos & Gaming
ATLANTIC CITY — A Wall Street firm predicted Friday that much of the revenue generated by three Atlantic City casinos that are closing will remain in the city after they’re gone.
Nevada gaming revenue increased less than 1 percent in July, ending fears the market might be off after a June in which the state’s casino industry reported its largest monthly spike of the year.
Slot machine manufacturer Bally Technologies increased its overall revenue in the fourth quarter and fiscal year, much of which was attributed to the company’s purchase of a rival gaming equipment provider last year.
ATLANTIC CITY — The owner of the Showboat says the property will definitely shut down on Sunday.
Las Vegas-based Cobalt Data Centers has been designated by state gaming regulators as the registered hosting center for the state’s casino industry.
Activist investors believe the real estate underneath casinos owned by Pinnacle Entertainment and Boyd Gaming Corp. is key to unlocking hidden value within the Las Vegas-based regional gaming operators.
BALTIMORE — Baltimore celebrated the opening of the city’s first casino as crowds lined the block and packed into the parking garage, eager to try their luck.
ATLANTIC CITY — Caesars Entertainment is showing the soon-to-close Showboat to “an interested party,” but won’t say who it is.
Affinity Gaming completed the remake of its corporate leadership Tuesday, naming a long-time Caesars Entertainment Corp. executive as CEO and appointing three new board members.
How important are the uniforms and outfits worn by casino industry cocktail servers, dealers, valets, and other front-of-the-house resort personnel? Often, it’s a multi-million dollar marketing decision.
Gaming attorney Mark Clayton, who represented several high-profile clients in their Nevada regulatory matters in the past year, has switched law firms.
Borgata, the company’s flagship resort in Atlantic City, may see a revenue boost from a far different means - Atlantic City is shrinking.
Dina Titus introduced a bill last month to repeal the tax on all sports wagers.
As the government funnels billions into expanded criminal databases and computer vision technology, why are Las Vegas casinos shying away? Local cheat investigator Beverly Griffin said it’s a matter of quality and data.
Mike Dreitzer credits his success to the mentors he has had in 20 years as an attorney and gaming executive in Nevada.
Excitement over the opening of the SLS Las Vegas, the Strip’s first new resort since December 2010, was evident during the lavish VIP celebration. The event culminated with an elaborate fireworks display above the property shortly before midnight.
Rob Oseland spent close to two decades in gaming and took a much-needed time out in early 2011. But by the end of the year, Oseland joined the team at SBE Entertainment and began planning for what has become the $415 million SLS Las Vegas.
State gaming regulators on Thursday approved licensing for the SLS Las Vegas, setting the stage for this weekend’s opening of the $415 million redevelopment of the former Sahara.
ATLANTIC CITY — A long-planned initiative to create bigger jackpots by linking casino slot machines in New Jersey and Nevada is up and running.
Federal antitrust regulators signed off on Scientific Games Corp.’s $5.1 billion acquisition of the Bally Technologies, the two gaming companies announced Wednesday.
A leading gaming executive was asked on background a few months ago if he understood Caesars Entertainment Corp.’s financial maneuverings to restructure the casino company’s $24.2 billion in long-term debt. He just smiled.
HONG KONG — Galaxy Entertainment, the Macau casino operator that made Lui Che Woo a billionaire, reported second-quarter earnings that beat analyst estimates as mass-market gamblers offset a slowdown in high rollers’ wagers.
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