Finance & Accounting News


Inside Gaming: Adelson has optimistic outlook for Macau
10 Aug 2015
Despite 14 straight months of revenue decline, both for the Macau market generally and for Las Vegas Sands, Adelson says expects his company to "grow and prosper."
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AGEM releases July 2015 index
10 Aug 2015
The AGEM reports respectable gains throughout the industry for July, turning around two months of declines.
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JCM Global sells equity shares back to Nanoptix
7 Aug 2015
JCM has held a 49% common equity interest in the Canadian company for several years.
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Inside Gaming: Global Cash changes name as focus shifts to slot machines
5 Aug 2015
Following its acquisition of slot machine manufacturer Multimedia Games, Global Cash Access holdings is updating its branding with a new name, logo and stock ticker symbol.
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MGM CEO says The Mirage is "not on the market"
5 Aug 2015
MGM Resorts has unveiled an ambitious new growth plan, but despite Wall Street speculation, selling The Mirage is not a part of it.
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Guests from 24 tribal jurisdictions attend GLI's Oklahoma Regional Regulators Training Seminar
5 Aug 2015
The seminar, which took place during the OIGA Conference, is part of GLI's initiative to educate its clients on regulatory compliance and testing.
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GLI obtains GSA accreditation for Adelaid and Sydney laboratories
5 Aug 2015
The accreditation grants the two labs the authority to test and provide certifications for their clients' gaming equipment under GSA protocols.
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Inside Gaming: Pinnacle, GLPI deal could be a model for the industry
3 Aug 2015
Analysts say the deal, which sees Pinnacle leasing its real estate assets from the REIT, financially benefits both companies.
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GLI welcomes Garret Greene as business development manager
31 Jul 2015
Greene has six years' experience in the gaming industry as the former head of regulatory compliance for Irish betting firm Paddy Power.
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Wall Street analysts predict MGM may sell The Mirage
30 Jul 2015
A spokesman for MGM has declined to comment on the rumored transaction, but Wall Street analysts predict that The Mirage could sell for between $1 billion and $1.5 billion.
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Decline in baccarat play deals a blow to Nevada casino revenues
29 Jul 2015
While the crackdown on Chinese high rollers has hit Macau the hardest, the 53.7 percent decline in baccarat revenue in Nevada contributed the lion's share of June's 8 percent decline in gaming revenues over last year.
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GLI names Cathy Nickum supplier development representative
29 Jul 2015
Nickum has held sales leadership roles at several prominent gaming companies and has a strong reputation within the gaming industry.
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U.S. tribal casinos see fifth straight year of revenue increases
27 Jul 2015
In fiscal year 2014, U.S. tribal casinos brought in more than $28.5 billion.
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JGM Global debuts new technologies at AGE 2015
24 Jul 2015
The technologies supplier will exhibit its new GEN2 Universal thermal printer, Ticket2Go retrofit ticketing system and PromoNet couponing system.
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Inside Gaming: MGM Resorts CEO discusses REIT plans
22 Jul 2015
Analysts expect MGM to announce a new strategic plan soon, and an interview with Jim Murren indicates that it is likely to include spinning off part of the company into a real estate investment trust.
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