Business Columns
Phil Ruffin spent $775 million to buy Treasure Island from MGM Mirage. But going solo took the property out of the company’s large customer database.
Don’t count Janney Montgomery Scott gaming analyst Brian McGill as someone who believes the opening of CityCenter will be good for Las Vegas.
Casino operators have told the investment community that business levels along the Strip have stabilized in recent months.
Atlantic City gaming revenues fell more than 15 percent in May, according to state gaming regulators.
Nevada’s casino industry is hungry for investment capital. Gaming attorney Frank Schreck believes he has a way institutional backers can provide the much-desired money.
Reno-based slot machine giant International Game Technology dipped into the ranks of Microsoft Corp. to fill the company’s newly created chief technology officer position.