Consulting News

Macau gaming revenues hit $3 billion in May
3 Jun 2011

The opening of the Galaxy Macau sent the Chinese territory's gaming revenues to an all-time high of $3 billion.

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Caesars chairman calls for legal online poker
11 May 2011

Caesars Entertainment Chairman Gary Loveman used a conference call to rally support for the federal legalization of Internet poker.

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Land-based casinos focus on federal legislation
4 May 2011

Despite the recent crackdown on PokerStars, Full Tilt Poker and Absolute Poker, the casino industry still seeks federal legislation that would allow Las Vegas companies to operate legally online.

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Gaming revenues top $2.6 billion in Macau
3 May 2011

Casinos in the Chinese gaming enclave collected $2.6 billion in April from gamblers, a 44.6 percent increase compared to April 2010.

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Revenues up at Wynn Resorts
7 Apr 2011

Las Vegas revenues for the first quarter were estimated at $349.7 million, up from $331.8 million.

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Don't bet on Texas gambling expansion
4 Apr 2011

Lawmakers in Texas are considering 17 gaming proposals, everything from building eight Las Vegas-style hotel-casinos to adding slot machines at racetracks. But expect gaming expansion to fail in the Lone Star State again.

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The Cosmopolitan of Las Vegas reports $139.5 million loss
31 Mar 2011

Nevada Property 1 LLC reported a $139.5 million loss for the 17 days the hotel-casino was open last year.

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Pinnacle CFO announces resignation Friday
4 Mar 2011

Pinnacle CFO Stephen Capp will remain at his current position until the end of the month.

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Casino City Press releases Indian Gaming Report
3 Mar 2011

The report provides nationwide statistics and state-by-state statistics from 2009, which was the first time revenues at Indian gaming facilities declined in its recorded history.

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Las Vegas to host iGaming North America
23 Feb 2011

The inaugural iGaming North America conference will be held May 2-4 at the Monte Carlo Casino & Resort in Las Vegas.

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Adelson envisions a "mini Las Vegas Strip" in Spain
18 Feb 2011

Las Vegas Sands Chairman Sheldon Adelson said Thursday he wants to create a $20 billion "mini Las Vegas Strip" in either Madrid or Barcelona.

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Success in Singapore leads operators to look towards Asia
14 Feb 2011

Other Asian markets may be looking to copy the Singapore model after the island country has seen great success with two new hotel-casinos.

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Union Gaming Group opens Macau office
11 Feb 2011

The Las Vegas-based firm, which publishes equity research and analysis on the casino industry, has opened a subsidiary on the Macau peninsula.

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Las Vegas Sands cuts comps for middle-tier gamblers
7 Feb 2011

Las Vegas Sands has eliminated free hotel rooms and other complimentary offerings for middle-tier customers at The Venetian and Palazzo.

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Las Vegas gaming industry expected to have slow recovery
3 Feb 2011

Fitch Ratings Services believes the American gaming industry has a stable outlook but the economic recovery in Las Vegas will lag Nevada casino markets.

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