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Real estate investment trust concept could happen for MGM

By next year, at least three casino companies will have traveled the path into the real estate investment trust market. A fourth is exploring the idea, and MGM Resorts International may join them on the trail.

Isaacs can thank Perelman for his exodus from exile

The irony was not lost on Gavin Isaacs. On Nov. 21, 2013, Gavin Isaacs watched as SHFL entertainment, where he was CEO for 32 months, was sold to slot machine giant Bally Technologies — his former employer — for $1.3 billion. The next day, Isaacs was out of work.

California Indian casino built and managed by Station Casinos rising to the top of class

The Graton Resort near Santa Rosa, Calif., has not yet celebrated its first anniversary. But one analyst hinted recently the Indian casino — which was built by Station Casinos and is being operated by the locals gaming giant — is quickly rising to the top of the class in tribal gaming-rich California.

$4 billion Resorts World licensing looks like a sure thing

The next phase of Las Vegas begins today in the Grant Sawyer Building when nearly a dozen representatives and executives from Genting Berhad, the Malaysia-based company that acquired the unfinished Echelon project on the Strip for $350 million 14 months ago, will face questions from the Gaming Control Board.

Ex-executive’s testimony could shift Adelson trial’s tone

During the 2008 breach-of-contract trial between Hong Kong businessman Richard Suen and Las Vegas Sands Corp., Sheldon Adelson went to great pains to correct his testimony after suggesting that Bill Weidner, who was then president of the company, had breached fiduciary responsibility to the casino operator.

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