Finance & Accounting News

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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JCM Global brings “Evolutionary” products to Australasian Gaming Expo
23 Jul 2014

The show takes place 12-14 August at the Sydney Exhibition Centre, and JCM will be exhibiting its “evolutionary” line of transaction technologies on stand #213.

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GLI expands professional services leadership team
22 Jul 2014

GLI's Professional Services division has been growing rapidly since its inception in 2012, and now the division’s leadership team has added a seasoned senior Lottery IT professional.

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Gaming Laboratories International (GLI) announces 2014 Latin American Roundtable
17 Jul 2014

The educational event takes place September 3 & 4 in Lima, Peru.

The initial push began in 2011 when GLI released its “GLI-23: Video Lottery Terminals” standard.

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16th Annual AGEM/AGA Golf Classic presented by JCM Global raises $131,000
10 Jul 2014

The fundraiser supports the National Center for Responsible Gaming’s research efforts.

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Casino Estoril names JCM Global preferred bill acceptor supplier
9 Jul 2014

The casino is the second in Portugal to award the distinction to JCM in less than a month.

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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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GLI expands staff, business in Australia
17 Jun 2014

Currently celebrating its 25th anniversary, Gaming Laboratories International (GLI), the world’s leading gaming testing laboratory and technical consultancy, is continuing to expand its operations in its three Australian labs, both in terms of staff and in clients served.

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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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Kobetron, GLI announce strategic global support relationship
7 May 2014

Kobetron, LLC (“Kobetron”) has entered into a strategic global support relationship with Gaming Laboratories International, LLC (“GLI”) to deliver enhanced customer support capabilities to the gaming industry’s regulators, operators and suppliers.

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JCM Global wins 100 percent of Cromwell Las Vegas business
29 Apr 2014

The Cromwell Las Vegas is the Strip’s newest, dazzling property, and JCM Global has won 100 percent of the casino’s business. The Strip’s first luxury standalone boutique hotel is now open and protected by JCM’s award-winning iVIZION and UBA bill validators.

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