Consulting News

Wynn Resorts investor reduces ownership stake
14 Jul 2015

T. Rowe Price, an investment firm that was once the largest shareholder in Wynn Resorts, has sold off 12.3 million shares since April without comment.

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Inaugural Fantasy Sports Combine to take place in Vegas
13 Jul 2015

The conference will take place on July 17 and 18 at the Wynn Las Vegas and Encore.

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Inside Gaming: Greek lottery rules changes cost IGT, Scientific Games millions
8 Jul 2015

The Hellenic Gaming Commission announced regulatory changes just days before 16,500 new video lottery terminals were supposed to launch.

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Chinese government eases visitation rules as Macau gaming revenues decline
2 Jul 2015

This June was the 13th straight month of declining gaming revenue in Macau, but there was still good news to be found.

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Nevada gaming revenues hit $1 billion in May
29 Jun 2015

The number represents a 3.3 percent increase over revenues for May the previous year.

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Inside Gaming: Amaya poised for NASDAQ listing, but its Web gaming products still beyond reach
8 Jun 2015

Amaya CEO David Baazov told Canada's Globe and Mail that the NASDAQ listing "will provide greater visibility and better liquidity for our stock and help broaden our shareholder base."

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Inside Gaming: Macau in a free-fall and taking Wynn Resorts with it
3 Jun 2015

Wynn Resorts stock on Monday closed below $100 per share for the first time since December 2010 after Macau reported its 12th straight monthly dip.

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Macau experiences 12th straight month of gaming revenue decline
2 Jun 2015

Casino operators worry that the Macau government's plans to implement a smoking ban could further erode the market.

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Strip's best April since '08 helps reverse statewide gaming slide
1 Jun 2015

Casinos statewide collected $897.9 million from gamblers during April, a 5.39 increase compared to the same month in 2014. On the Strip, gaming revenue increased almost 7.8 percent to $498.8 million.

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Inside Gaming: Slot makers betting on video-game element to lure millennials
1 Jun 2015

The passage of a bill that legalizes skill-based slot games in Nevada could be a "monumental moment" for the state's casino industry, according to Association of Gaming Equipment Manufacturers Executive Director Marcus Prater.

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Failed Las Vegas resort is finally ready for its close-up
18 May 2015

With backing from megastar George Clooney, Las Ramblas was supposed to be an 11-tower set with gambling, condominium and hotel space on a 25-acre stage. But it turned out to be a complete flop.

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Union Gaming Group establishes office in Hong Kong
11 May 2015

Union Gaming Managing Director Rich Moriarty said the focus for the gaming industry expansion over "the next 20 years belongs to Asia."

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Casino City releases 2015 Indian Gaming Industry Report: Indian gaming holds its own amidst a slowdown of the economy
30 Mar 2015

Gaming revenue at Indian gaming facilities nationwide grew 0.5% in 2013 to an all-time high of approximately $28.3 billion.

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REIT offers to buy real estate of Pinnacle Entertainment
10 Mar 2015

Gaming and Leisure Properties Inc. said in a statement the proposed transaction would create the third-largest triple-net REIT by enterprise value.

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Macau gaming revenues fall a record 49 percent in February
9 Mar 2015

Casinos collected $2.44 billion from gamblers during the month, a drop of 49 percent. A year ago, Macau casinos collected a single-month industry high of $4.8 billion.

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