Thanks to a swing in the volatile game of baccarat, gaming win numbers are looking much stronger in mid-2019 and a few records are possible on the tourism side.
Inside Gaming
Richard N. Velotta’s Inside Gaming column appears Sunday and Wednesday in Business.
rvelotta@reviewjournal.com … @RickVelotta on Twitter. 702-477-3893
Analysts heaped praise on MGM Resorts International CEO Jim Murren after last weeks’ earnings conference call in which the big takeaway was that MGM 2020 is working.
The gaming industry is still buzzing about last month’s announcement that Eldorado Resorts Inc. of Reno is looking to buy Caesars Entertainment Corp. for $17.3 billion.
The American Gaming Association will place a strong emphasis on research to tell the industry’s story as gaming expands and matures worldwide.
The opening of Encore Boston Harbor and Eldorado Resorts’ announcement of a planned $17.3 billion acquisition of Caesars Entertainment made for a big Sunday news cycle.
Professional sports and the gaming industry took another big step forward with the NHL’s approval of casino owner Alex Meruelo acquiring the Arizona Coyotes.
Encore Boston Harbor isn’t planning a fireworks-lit nighttime debut, instead planning a Sunday-morning opening to avoid commuter traffic jams.
The unlikely scenario of David taking Goliath exists on the Strip with Reno-based Eldorado Resorts Inc. looking to acquire Caesars Entertainment Corp.
As a new report outlines a possible integrity problem in esports, states are learning that sports wagering isn’t as lucrative as they thought it would be.
While a Boston newspaper columnist labeled Wynn Resorts CEO Matt Maddox as “Mad Matt,” he probably is angrier about what led the company to be in a regulatory mess.
The Las Vegas Convention and Visitors Authority is on the verge of placing one of the biggest bets in its history. It’s the futures bet of all futures bets.
The NCAA policy change that will enable Las Vegas to bid for the national championship football game, Final Four and Frozen Four will provide a state tourism boost.
Now that the Massachusetts Gaming Commission has announced its $35 million fine against Wynn Resorts Ltd. the Las Vegas company can get back to building the $2.6 billion Encore Boston Harbor and we can all relax. Or can we?
It didn’t take long for the haters to start chirping about resort and parking fees after the state Gaming Control Board published March gaming win numbers last week.
Based on the terms of Tony Rodio’s employment agreement disclosed in a Securities and Exchange Commission filing, he appears to be in for the long term with a $1.5 million annual salary, prospective bonus payments of $3 million, as well as a $3 million buyout clause. This doesn’t look like the pathway to a quickee company sale.