Last week the casino operator, which made tremendous strides toward completing the complicated restructuring of its bankrupt operating unit, committed public relations suicide.
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Tim Bennett all but gave up on bringing minor league baseball to the Gulf Coast. Bennett, president of Jackson, Miss.-based Overtime Sports, spent a decade working on the idea. But the region's recovery following Hurricane Katrina in 2005 and the recession that squeezed the area a few years later sidelined any plan of southern Mississippi landing a team.
It looks like International Game Technology employees are learning to fly Southwest Airlines.
After billionaire Donald Trump trashed Atlantic City during the nationally televised Republican presidential candidates' debate, Geoff Freeman had to be smiling to himself.
Hurricane Katrina couldn't crush the spirit of Harrah's New Orleans 10 years ago. The aftermath of the massive storm shuttered the property near the Mississippi River and entrance to the famous French Quarter for just six months while the city recovered, reopening for Mardi Gras in February 2006.
Billionaire Sheldon Adelson remains Macau's most optimistic and vocal cheerleader.
The gaming industry's top provider of payment processing equipment will unveil a new name, logo and New York Stock Exchange ticker symbol later this month that reflects the Las Vegas-based company's place within the casino equipment manufacturing sector.
The $4.75 billion merger of Pinnacle Entertainment and Gaming and Leisure Partners isn't your typical casino industry buyout.
Christian Goode traded away the prospects of pandas on the Strip to oversee the reopening of a central California Indian casino that was shut down last fall by federal agents.
The Lake Charles, La., casino market is the best example why the investment community has done a 180-degree turn on the U.S. gaming operators.
It hasn't been a quiet year for MGM Resorts International. The general belief is that it's going to get much louder.
The Carano family, through its Eldorado Resorts Inc., has bet the house on Reno. The odds are seemingly tipped in their favor.
A property tax refund for Boyd Gaming Corp. could spell additional trouble for financially challenged Atlantic City.
The opening of the $250 million Plainridge Park Casino last month wasn’t exactly the grand unveiling Massachusetts gaming backers envisioned more than four years ago.
A manuever in Greece hits the bottom lines of Nevada’s two largest slot machine manufacturers, costing Scientific Games Corp., and International Game Technology millions of dollars in revenue and cash flow.
As SLS Las Vegas nears its one-year anniversary in August, it’s become clear the north Strip hotel is having trouble finding its niche in the resurgent Strip market.
At some point, the estate of Kirk Kerkorian will no longer have ownership in MGM Resorts International. But disposing of more than 91.2 million shares in the casino giant won’t happen overnight.
Tables resembling giant smart phones have grown so popular inside The Mirage, Bellagio and MGM Grand that content providers are clamoring to put their free-to-play gambling products on the devices.
At some point — if we’re reading the signs correctly — regional casino operator Pinnacle Entertainment will marry itself to real estate investment trust Gaming and Leisure Properties Inc. Wall Street hopes this isn’t a shotgun wedding.
The building currently housing the UNLV Harrah College of Hotel Administration is outdated. But because of Gov. Brian Sandoval’s signature, Hospitality Hall will soon rise at the center of the UNLV campus.
Kirk Kerkorian, who died Monday at 98, was never comfortable in the spotlight. Despite his status as one of America’s most successful billionaires, Kerkorian was reserved, unpretentious and media-shy.
Australia-based Aristocrat Leisure Ltd. wasn’t left behind by the tsunami that engulfed the slot machine industry over the past 20 months — you just might not have noticed.
CNBC host and financial gossip monger Jim Cramer set the gaming investment community abuzz last week. Cramer told his “Mad Money” audience there was “speculation” that Wynn Resorts Ltd. “might merge” with MGM Resorts International. But the notion of a MGM-Wynn merger is ludicrous.
On Monday, American stock speculators will be able to buy shares of Internet gaming giant Amaya Inc. on the Nasdaq. Meanwhile, American online poker players still can’t place wagers through the company’s most popular product.
In 2010 Wynn considered moving his corporate headquarters from Las Vegas to the Chinese Special Administrative Region before abandoning the idea. Today, Macau is in a free-fall and it’s taking Wynn Resorts along for the ride.
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