You have to hand it to online gaming giant PokerStars.
Inside Gaming
Richard N. Velotta’s Inside Gaming column appears Sunday and Wednesday in Business.
rvelotta@reviewjournal.com … @RickVelotta on Twitter. 702-477-3893
There is a target on the back of slot machine manufacturer International Game Technology. Despite first-quarter results that were well received by investors, at least two analysts raised concerns in recent weeks that IGT could be bleeding away slot machine market share to the competition.
Million-dollar fines for violating Nevada gaming law used to be rare.
A New York-based hedge fund acquired a 5 percent ownership stake in Boyd Gaming Corp. last week and immediately fueled rampant speculation in the investment community.
Nothing is simple when it comes to Caesars Entertainment Corp. Take last week’s announcement that the company is selling four casinos to its Caesars Growth Partners subsidiary for $2.2 billion.
MGM Resorts International is showing investors what a 51 percent ownership stake in its publicly traded Chinese subsidiary means financially to the casino operator’s business back home.
Florida is back in play, but no one really seems to care.
Lost in the heated rhetoric over the expansion of Internet gaming is a harsh reality.
If there’s one thing we learned from last week’s telephone press conference by the Coalition to Stop Internet Gambling it’s that all five speakers “were honored” to be on the 45-minute call.
Clearly, Caesars Entertainment Corp. doesn’t want visitors to The Cromwell to gamble, drink, smoke, fornicate or perform any other sinful act at the newly renamed boutique Strip hotel-casino.
Patricia Becker holds the distinction of being the first woman to serve on the Nevada Gaming Control Board.
After six weeks of back-and-forth rhetoric, a new 10-year agreement was announced Jan. 24 to keep the NFR in Las Vegas — its home for 29 years — through 2024.
There is a reason officials from CG Technology (formerly Cantor Gaming) said they were “glad to have reached a resolution” with Nevada gaming regulators and will pay the largest fine ever leveled against a casino or affiliated company.
With a new year comes new prognostications by Wall Street on which gaming companies will provide investors the best return in 2014.