MACAU — Macau’s casino junket operators are feeling the squeeze as China’s anti-corruption drive has blown a hole in the world’s biggest gambling hub. Some are shifting players elsewhere, like the Philippines and Vietnam; others are quitting the business.
MGM Resorts International on Thursday selected Don Thrasher as president of Park Holdings, the entity that oversees development of The Park, now under development between the Monte Carlo and New York-New York hotels.
A federal appeals court reinstated a German gambler’s lawsuit with Wynn Las Vegas over a disputed $1.3 million owed to the Strip casino, saying the matter didn’t have to be heard by the Gaming Control Board.
NEW YORK — Yields on bonds from a Caesars Entertainment unit are diverging in a sign that the casino company will be unable to satisfy warring creditor classes and increase the odds of a bankruptcy.
Aristocrat Technologies didn’t have to sell the producers of the “Sons of Anarchy” television series on the idea of creating a slot machine based on the fictional outlaw motorcycle club. The show’s top executives approached the gaming company to discuss the concept.
Henderson resident Frank Meoni has been gambling most of his life. Whether it was with his safety as a firefighter or a hand of cards as a poker dealer, the 63-year-old considers himself lucky.
ATLANTIC CITY — Games of mini-baccarat played at the Golden Nugget two years ago with unshuffled cards in which gamblers won $1.5 million did not violate any rules or laws, New Jersey casino regulators ruled.
ATLANTIC CITY — A bankruptcy court auction for Revel, the failed luxury casino-hotel on the Atlantic City Boardwalk, will resume on Tuesday.
Former MGM Resorts International executive Bill McBeath was named managing director of Illinois-based Z Capital Partners, the largest shareholder of casino operator Affinity Gaming.
On Monday, the Chinese gaming market was red-flagged when Wells Fargo Securities gaming analyst Cameron McKnight became the latest Wall Street researcher to post warning signals.
