A New York-based hedge fund acquired a 5 percent ownership stake in Boyd Gaming Corp. last week and immediately fueled rampant speculation in the investment community.
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Nothing is simple when it comes to Caesars Entertainment Corp. Take last week’s announcement that the company is selling four casinos to its Caesars Growth Partners subsidiary for $2.2 billion.
MGM Resorts International is showing investors what a 51 percent ownership stake in its publicly traded Chinese subsidiary means financially to the casino operator’s business back home.
Florida is back in play, but no one really seems to care.
Lost in the heated rhetoric over the expansion of Internet gaming is a harsh reality.
If there’s one thing we learned from last week’s telephone press conference by the Coalition to Stop Internet Gambling it’s that all five speakers “were honored” to be on the 45-minute call.
Patricia Becker holds the distinction of being the first woman to serve on the Nevada Gaming Control Board.
Clearly, Caesars Entertainment Corp. doesn’t want visitors to The Cromwell to gamble, drink, smoke, fornicate or perform any other sinful act at the newly renamed boutique Strip hotel-casino.
After six weeks of back-and-forth rhetoric, a new 10-year agreement was announced Jan. 24 to keep the NFR in Las Vegas — its home for 29 years — through 2024.
It’s game on, Japan.
With a new year comes new prognostications by Wall Street on which gaming companies will provide investors the best return in 2014.
There is a reason officials from CG Technology (formerly Cantor Gaming) said they were “glad to have reached a resolution” with Nevada gaming regulators and will pay the largest fine ever leveled against a casino or affiliated company.
The collegiality developed within the gaming industry as casino companies weathered the economic downturn has evaporated.
In a recent research note, J.P. Morgan gaming analyst Joe Greff said MGM Resorts International offers “fresh ideas” for stock investors exploring their options in the new year.
Rather than having only International Game Technology executives tout the company’s products to the investment community, the company put its customers on the hot seat.
Much has been speculated about the business model for SLS Las Vegas.
If Tim Poster’s suitability hearing in front of Nevada gaming regulators had been filmed for reality television, it might have saved that awful “The Casino” series he and business partner Tom Breitling had when they owned the Golden Nugget in 2004.
Anyone trying decipher subliminal messages from the early November policy address by Macau’s top government official would have an easier time determining whether the Beatles were secretly telling us Paul was dead through the “Abbey Road” album cover.
Earlier this summer, Sheldon Adelson told those nasty little Internet gaming punks to get off his lawn. Now, he thinks they egged his house.
The marriage between lottery provider Scientific Games Corp. and slot machine manufacturer WMS Industries is still in the honeymoon phase.
Payoffs to government officials typically don’t show up on the balance sheets of U.S. gaming companies.
The only Sin City video getting more hits on the Internet than the Culinary union’s recent taunting and name-calling of people entering The Cosmopolitan of Las Vegas was the 2011 clip of Batman getting body-slammed on the Strip by a drunken tourist.
Two years ago, Massachusetts was considered a potentially lucrative gaming opportunity.
The Venetian and Palazzo on the Strip provided Las Vegas Sands Corp. with somewhat lackluster revenues in the third quarter.
Has there ever been a gaming company that suffered through a worse 72-hour period than Caesars Entertainment Corp.?