Forty years ago, he wrote the betting lines in chalk at the old Royal Inn. Today, the lines are updated electronically via mobile sports wagering applications.
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One gaming analyst isn't waiting for MGM Resorts International to decide if it's a good idea to split off all or a portion of the casino company into a real estate investment trust.
Derek Stevens could never pull off his antics if the privately held D Las Vegas were publicly traded. The D's majority owner would have given the Securities and Exchange Commission fits with an in-house-produced video of a pseudo board of directors meeting posted to YouTube on Aug. 31.
The two keynote speakers at last year's Global Gaming Expo angered half the audience. This year's addresses are sure to infuriate the rest of the crowd.
We're not a full year into the slot machine industry's brave new world, and some members of the investment community have doubts about the future.
Station Casinos received a vote of confidence last week from Wall Street. It's not like the company needed the endorsement.
BILOXI, Miss. — Ten years ago, I learned firsthand about Southern hospitality in the most unlikely of settings.
Last week the casino operator, which made tremendous strides toward completing the complicated restructuring of its bankrupt operating unit, committed public relations suicide.
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.