Finance & Accounting News

John Grochowski explains why the three-reel slot machines are starting to give way to video games. "Times they are a-changin'."

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.

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

The deal is not like any of the other high-profile gaming equipment-sector consolidations discussed this week at the Global Gaming Expo.

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

Sponsored by the American Gaming Association and produced by Reed Exhibitions, the 14th annual Global Gaming Expo is expected to attract 27,000 attendees.

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

Analysts said this month the replacement market — in which slot machine manufacturers sell casinos newer games to change out older products — has fallen from previous estimates.

The deal expands JCM's line of printers, enhancing JCM's position as the leading peripheral supplier.

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.

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.

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.

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.

In the past few years, many new products never made it from the Global Gaming Expo trade show floor to a casino. A shake-up was needed.

GameAccount Network plc (“GameAccount Network” or the “Company”), a leading developer and supplier of enterprise-level B2B gaming software and online gaming content, announces the launch of China Shores online in the United States under its strategic partnership with Konami Gaming, Inc. (“KONAMI”) as announced in January 2014.