Consulting News

Boyd Gaming Corp. joins mobile wagering trend
7 Oct 2014

Boyd is the latest company to join the mobile wagering trend, following sports book operators William Hill and Cantor Gaming and local gaming rival Station Casinos.

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Macau suffers fourth straight monthly gaming revenue drop
7 Oct 2014

Analysts warned Monday that the Chinese gaming enclave, which has experienced four straight monthly revenue dips, hasn’t bottomed out.

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Gaming's $240 billion impact noted; Murren eyes fantasy sports
1 Oct 2014

MGM Resorts International Chairman Jim Murren said he was considering an investment into fantasy sports leagues because of their growing popularity.

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Nevada gaming revenues down; baccarat revenue slips
29 Sep 2014

Statewide, Nevada gaming revenue fell 3.7 percent in August, ending five straight months of increases.

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Delano Las Vegas: Where South Beach meets Mojave Desert
2 Sep 2014

MGM Resorts International completed the summer-long $80 million renovation of The Hotel, an 1,100-room nongaming property on the south Strip attached to Mandalay Bay.

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Macau gaming revenue tumbles for third straight month
2 Sep 2014

Despite the 6.1 drop in August — the largest decline in 2014 — the Macau gaming market is up 8.1 percent for the year’s first eight months following 2013’s record $45.2 billion in gaming revenue.

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Scientific Games-Bally deal gets federal antitrust OK
21 Aug 2014

In a joint statement, the companies said they received notice from the Federal Trade Commission of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

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Strip land values react to deal for Frontier site
18 Aug 2014

James Packer is forming a company with ex-Wynn Las Vegas President Andrew Pascal and investment firm Oaktree Capital Management to construct a hotel-casino on the 35-acre site where the New Frontier once was.

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Scientific Games to buy Bally in $5.1 billion deal
4 Aug 2014

The transaction is the second high-profile gaming industry merger in less than a month.

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Billionaire Packer linked to key Strip parcel
1 Aug 2014

Bloomberg News Service reported Thursday that Australian billionaire James Packer had acquired a portion of the loan covering the 34.5-acre site and would consider building a hotel-casino on the land.

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Strip’s gaming revenue robust while regional markets struggle
28 Jul 2014

Moody’s Investors Service recently downgraded its view of the U.S. gaming market from “stable” to “negative,” putting all the blame on regional gaming destinations where weak results have investors sweating.

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Coming down: MGM begins dismantling Harmon Hotel
23 Jun 2014

MGM Resorts International has begun the yearlong process of demolishing the only portion of the $8.5 billion, 67-acre CityCenter development that was never completed.

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Cosmopolitan of Las Vegas sold to Blackstone Group for $1.73 billion
16 May 2014

The deal is subject to approval of Nevada gaming regulators.

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Caesars sees quarterly net loss increase 78 percent
9 May 2014

Caesars Entertainment Corp. grew its net loss nearly 78 percent in the first quarter of 2014.

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Macau casinos again top $4 billion in monthly gaming revenues
4 Apr 2014

Macau’s gaming market grew revenue 13.1 percent during March with $4.4 billion collected in gaming revenue, according to figures released Tuesday by the Gaming Inspection and Coordination Bureau.

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