Slot machine manufacturer Bally Technologies grew its overall revenue in the both fourth quarter and fiscal year, much of which was attributed to the company’s purchase of a rival gaming equipment provider last year.
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Caesars Entertainment Corp. filed a lawsuit Tuesday in New York against a group of the company’s institutional investors, claiming the bond holders are trying to block the casino operator’s debt restructuring efforts.
MGM Resorts International said its net income for the quarter that ended June 30 was $105.5 million, or 21 cents a share; net revenue grew 4 percent to $2.6 billion.
The empty Strip land parcel that once housed the New Frontier has a new lease on life, but its future is still unclear. Australian billionaire James Packer said he acquired controlling interest in the nearly 35-acre site and will form a yet-to-be-named company to build a hotel-casino on the land.
TEANECK, N.J. — A new poll found that half of New Jersey residents oppose opening casinos outside Atlantic City.
QUAPAW, Okla. — An Oklahoma-based tribe is partnering with the owner of a Las Vegas hotel to reopen a track in southeast Kansas and convert it to a casino.
Australian billionaire James Packer said he has acquired controlling interest in a nearly 35-acre Strip land parcel and will form a company to build a hotel-casino on the site with former Wynn Las Vegas President Andrew Pascal and investment firm Oaktree Capital Management.
While a photographer adjusted lighting equipment, Aristocrat Leisure Ltd. CEO Jamie Odell relaxed in the Australian gaming equipment manufacturer’s south Las Vegas showroom and played a few free spins on a “Batman” slot machine.
Getting younger adults interested in a 40-year-old industry — where arguably the biggest product innovation was the advent of the scratch card in 1987 — is a challenge for lottery leaders worldwide.
Staind frontman Aaron Lewis, threw out the first dice roll at the much-anticipated Hard Rock Hotel & Casino Sioux City during the entertainment destination’s official grand opening event Friday night.
BOSTON — MGM Resorts International has taken ownership of two city-owned properties in downtown Springfield as it plans to build an $800 million casino there.
HONG KONG — Casino revenue in the global gambling mecca of Macau fell for a second straight month in July as Chinese high rollers stayed away because of Beijing’s corruption crackdown.
Lottery manufacturer Scientific Games Corp. will purchase slot machine giant Bally Technologies for $5.1 billion in deal announced Friday. The transaction is the second high-profile gaming industry merger in less than a month.
Boyd Gaming Corp.’s profits and revenue declined in the second quarter because of continued weakness in many regional markets. The company’s online gaming business in New Jersey, however, was a bright spot.
The long dormant site that once housed the New Frontier and was subject of the Strip’s most expensive real estate could become active once again. Bloomberg News Service reported Thursday that Australian billionaire James Packer had acquired a portion of the loan covering the 34.5-acre site and would consider building a hotel-casino on the land.
Caesars Entertainment Corp. continued its efforts to address its gaming industry-high $23 billion in long-term debt Wednesday by installing separate management in one of the company’s operating entities with the intention for a public listing of the business.
Attendees of this year’s Global Gaming Expo in Las Vegas have the opportunity to hear from the CEOs of the gaming industry’s largest casino companies and equipment manufacturers.
Slot machine maker Multimedia Games suffered a decline in profits during the third quarter despite a slight revenue increase.
Analysts have long speculated about the coexistence of online poker and live casino poker rooms in Nevada.
Slot machine maker International Game Technology said Tuesday it grew profits in the third quarter despite a double-digit decline in revenue.
There is reason why Wynn Resorts Ltd. quarterly earnings conference calls are never boring — you never know when Company Chairman Steve Wynn is going to drop a few verbal gems.
Wynn Resorts Ltd. grew second quarter profits and revenue, but attributed much of the results to the company’s two Strip resorts, not its lucrative Macau holdings.
In a statement Monday, Affinity said the company reached agreement with its lenders over a possible default on a portion of its $382.7 million in long-term debt.