A few months ago I called Bally Technologies boring.
Business Columns
Craig Neilsen spent parts of three decades building Ameristar Casinos, the majority of which was accomplished after he was rendered a quadriplegic in a 1985 car accident.
A state investigation of sports book operator Cantor Gaming, launched after a company official was indicted for his alleged involvement in an illegal bookmaking and money laundering operation, has gone radio silent.
Having navigated MGM Resorts International through almost four years of turbulent economic waters, Jim Murren has grown used to hearing negative comments from haters and detractors.
Suddenly, Wall Street loves International Game Technology’s DoubleDown Casino.
It’s taken Tilman Fertitta just a few years to build his casino company.
Back in 1996, when Michigan voters authorized three casinos in downtown Detroit, opponents said legal gambling would destroy the city. Detroit is now bankrupt.
They used to joke about being twins separated at birth. Gavin Isaacs and Ramesh Srinivasan held co-chief operating officer titles at slot machine giant Bally Technologies during the company’s stunning growth in the past decade. Isaacs oversaw slot machine development and sales. Srinivasan managed the systems division.
Casino developers — including MGM Resorts International, Las Vegas Sands Corp. and Wynn Resorts Ltd. — will spend some $22 billion on massive new resorts and gambling complexes in Macau over the next four years.
The Empire put a hit on the Mafia and buried the farm. Two years after Caesars Entertainment Corp. perplexed Wall Street by acquiring social gaming operation Playtika, the casino giant has moved past rival Zynga Inc. to the top of the business model.
The locals gaming market has suffered enough. Gaming revenues produced by casinos in North Las Vegas, along the Boulder Strip, in Henderson and throughout unincorporated Clark County are down a collective 2.6 percent through April.
No one can say for certain how much New Jersey’s online gaming market will actually be worth.
Sheldon Adelson successfully chased those pesky Internet brats off his lawn.
Clearly, MGM Resorts International’s planned $2.5 billion development on Macau’s Cotai Strip has Wall Street excited.
Let’s halt one rumor before it gains traction. Scientific Games Corp.’s $1.5 billion acquisition of slot machine manufacturer WMS Industries doesn’t mean a statewide lottery is headed to Nevada.