Casinos & Gaming
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By Howard Stutz/ RJ
Cantor Gaming’s latest multimillion-dollar race and sports book was scheduled to open today at The Cosmopolitan of Las Vegas, according to the company’s chief executive officer.
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Revenues produced by America’s Indian casino market declined 1 percent in 2009, the first time the market ever experienced a year-over-year loss. The annual Indian Gaming Industry Report said the $26.4 billion collected by the nation’s 446 Indian casinos in 28 states was down from $26.7 billion collected by Indian casinos in 2008.
Boyd Gaming Corp. management’s upbeat outlook for the coming year did little to make believers on Wall Street.