There is no debate that Station Casinos had a strong finish to 2014, giving analysts hope that recovery in the Las Vegas locals gaming market is underway. Now, the investment community may want a piece of the action.
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If California’s Internet poker debate was an actual card game, PokerStars just doubled up. But the European online gaming giant is still short-stacked against two of the state’s largest tribal casino operators in the company’s effort to gain a piece of California’s potentially lucrative — albeit nascent — Internet poker market.
Internet gambling supporters rejoiced when the Justice Department changed its opinion on the Federal Wire Act and opened the doors for online wagering expansion across the United States.
By numbers alone, the merger of Golden Gaming and Lakes Entertainment doesn’t equal any one of the combined $18.5 billion in gaming equipment manufacturing buyouts that have happened in the past 18 months.
Over the last 18 months, Scientific Games Corp. spent $7.6 billion to acquire the gaming industry’s No. 2 and No. 3 slot machine manufacturers. That makes Scientific Games Corp. the new International Game Technology — minus the baggage.
Out of the fire and into the furnace? After implementing a partial casino smoking ban in October, Macau is now contemplating a total prohibition on smoking in all areas of the region’s gaming market.