In Macau, there are spectacular images of the city’s downtown Peninsula skyline from the Ruins of St. Paul. Above the church site is Mount Fortress, built by Jesuits to protect the Portuguese colony. The crumbled buildings and cannons serve as a metaphor for the current state of the Chinese gaming enclave.
Boyd Gaming Corp. plans to revamp its restaurant offerings throughout its locals-oriented properties.
Four years ago, Multimedia Games was all but kaput. Six months later, the company changed direction and last week, Las Vegas-based Global Cash Access agreed to pay $1.2 billion for Multimedia Games.
James Packer, CEO of Melbourne-based Crown Resorts Ltd., is forming a company with ex-Wynn Las Vegas President Andrew Pascal and investment firm Oaktree Capital Management to construct a hotel-casino on the 35-acre site where the New Frontier once was.
With a new year comes new prognostications by Wall Street on which gaming companies will provide investors the best return in 2014.
Clearly, MGM Resorts International’s planned $2.5 billion development on Macau’s Cotai Strip has Wall Street excited.
Bob Miller didn’t think much of the casino concept proposed to his father.
