The locals gaming market has suffered enough. Gaming revenues produced by casinos in North Las Vegas, along the Boulder Strip, in Henderson and throughout unincorporated Clark County are down a collective 2.6 percent through April.
Business Columns
No one can say for certain how much New Jersey’s online gaming market will actually be worth.
Sheldon Adelson successfully chased those pesky Internet brats off his lawn.
Clearly, MGM Resorts International’s planned $2.5 billion development on Macau’s Cotai Strip has Wall Street excited.
Let’s halt one rumor before it gains traction. Scientific Games Corp.’s $1.5 billion acquisition of slot machine manufacturer WMS Industries doesn’t mean a statewide lottery is headed to Nevada.
Things are not all peaceful down on the farm. Social gaming giant Zynga Inc., which has a grand vision of converting its platform into a real money pay-to-play online gambling format in Nevada, slashed 18 percent of its workforce and closed multiple offices to cut costs this past week.
Sequels are never as good as the original. Just ask Las Vegas Sands Corp. Chairman Sheldon Adelson. Apparently, he wants to star in his own version of “The Hangover Part III.”
Wall Street still isn’t sold on the efforts by Caesars Entertainment Corp. to get out from under more than $20 billion of long-term debt.
On a seasonably pleasant Friday afternoon in late April, Atlantic Club Chief Operating Officer Michael Frawley and PokerStars spokesman Eric Hollreiser acted like cozy business partners.
There are victory laps and then there are VICTORY LAPS.
The late Dennis Gomes had a colorful and Hall of Fame-worthy 40 years in the gaming industry. He operated more than a dozen casinos in Las Vegas and on the Boardwalk from the mid-1980s until his sudden passing at age 68 in February 2012.
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.
Overseeing the American Gaming Association is not like herding cats. It’s more like herding mountain lions. One misstep and you’ll lose body parts.
Penn National is not the first commercial casino company to jump into the Indian gaming market.