Tables resembling giant smart phones have grown so popular inside The Mirage, Bellagio and MGM Grand that content providers are clamoring to put their free-to-play gambling products on the devices.
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On his first quarterly earnings conference call as CEO of Full House Resorts, Dan Lee compared himself to the boy who came downstairs one Christmas morning hoping to find a pony.
Imagine for a moment that Las Vegas-style sports wagering was legal in other states.
In the grand scheme of things, the proxy fight over Full House Resorts seems like small potatoes. But with regional markets on a downward trajectory, the company is ripe for the taking.
With six months in the books, the investment community has clear picture of the casino industry in 2014. And Las Vegas is on an upswing.
MGM Resorts International supports online wagering legalization in the U.S. The casino giant holds an interactive gaming license in Nevada. Still, MGM Resorts is taking wait-and-see approach in regards to actual real money Internet gaming.
Back in 1996, when Michigan voters authorized three casinos in downtown Detroit, opponents said legal gambling would destroy the city. Detroit is now bankrupt.
When the $550 million SugarHouse Casino opened 28 months ago on a Delaware River waterfront site in South Philadelphia, opponents of the project worried that local businesses would suffer.