Richard N. Velotta’s Inside Gaming column appears Sunday and Wednesday in Business.
rvelotta@reviewjournal.com … @RickVelotta on Twitter. 702-477-3893
Amaya Gaming CEO David Baazov knows how to make financial headlines. The Montreal-based business spent $4.9 billion to acquire the parent company of PokerStars in 2014. A year later, Amaya, already publicly traded on the Toronto Stock Exchange, gained listing on the Nasdaq to open itself up to U.S. investors.
Before October, most states took a hands-off or wait-and-see approach in regard to legalities surrounding daily fantasy sports.
Three years after the head of the U.S. Treasury Department’s federal money laundering unit told the gaming industry it needed to clean up its casinos, operators have heeded the advice.
What is the connection between owning the Golden Nugget and television? Tilman Fertitta, chairman and CEO Landry’s Inc., the privately held Houston-based company that owns the Fremont Street resort, is about to find out.
Corey Sanders and Gordon Absher drew the short straws. Sanders, MGM Resorts International’s chief operating officer, and Absher, the casino company’s veteran public affairs spokesman, took the brunt of Friday’s firestorm.
On the surface, the new gambling compact between the Seminole Indian Tribe and Florida Gov. Rick Scott looks like a win-win for both sides.
Boyd Gaming Corp. has caught the eye of the investment community, primarily due to a reinvigorated Las Vegas locals market.
Count the analysts at Fitch Ratings Service as predicting 2016 to be a stable environment for most U.S. gaming operators.
Now that Macau’s casino market has hit rock bottom, the investment community might have a more optimistic opinion about the world’s largest gaming market.
Not many folks predicted that daily fantasy sports would dominate the headlines over the last half of 2015.
We know Kentucky has problems filling its budget gaps, but a state judge’s Christmas Eve gift was a little extreme.
The recent congressional hearing into legislation that would ban online gaming couldn’t have gone worse for backers of the bill even if they attempted to sabotage the three-hour meeting themselves.
A handful of GOP presidential candidates debating Tuesday at The Venetian clearly missed the memo from their host about supporting his quest to ban Internet gaming.
Slot machine giant International Game Technology is as much a part of Nevada as the Battle Born motto, bristlecone pine trees, sagebrush and Lake Tahoe.
Nevada Attorney General Adam Laxalt didn’t back away from adding his name to a letter circulated by an attorneys general group offering support for federal efforts to restore the Interstate Wire Act back to its pre-2011 interpretation.
