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.
Slot machine maker Multimedia Games suffered a decline in profits during the third quarter despite a slight revenue increase.
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.
Analysts have long speculated about the coexistence of online poker and live casino poker rooms in Nevada.
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.
Slot machine maker International Game Technology said Tuesday it grew profits in the third quarter despite a double-digit decline in revenue.
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.