Finance & Accounting News

GLI Europe announces plans for GLI University's "2012 European Roundtable"
29 Mar 2012

The testing giant will host the 2012 European Roundtable for regulators in Budapest this May.

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Ameristar Casinos acquires Louisiana project
20 Mar 2012

The regional casino operator announced it had bought all of the equity interests of Creative Casinos, a company owned by longtime gaming executive Dan Lee, for $32.5 million.

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Casino City releases 2012 Indian Gaming Industry Report
6 Mar 2012

This year's edition of Casino City’s Indian Gaming Industry Report found that Indian gambling is showing signs of recovery.

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GLI approved as testing lab in Quebec
6 Mar 2012

Gaming Laboratories International has been approved as an iGaming test lab for Loto-Quebec.

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Wynn Resorts buys out Japanese board member
20 Feb 2012

Wynn Resorts will pay Kazuo Okada, a former close business associate of Steve Wynn, $1.9 billion over 10 years for his 20 percent stake in the gaming company.

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SEC investigating Wynn Resorts Macau dealings
14 Feb 2012

The U.S. Securities and Exchange Commission is investigating Wynn Resorts' business practices in Macau.

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CityCenter suffers $45 million loss in fourth quarter
14 Feb 2012

MGM Resorts International said that its CityCenter development in Las Vegas had a net operating loss of roughly $45 million in the fourth quarter.

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Fertittas get majority ownership of Station Casinos
8 Feb 2012

Station Casinos minority owners Frank Fertitta III and Lorenzo Fertitta plan to buy out another shareholder for $73 million.

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Two Macau land grants could be approved this year
7 Feb 2012

A Macau government official said two applications for land grants on the Cotai Strip requested by casino operators could be approved this year.

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Florida lawmakers end expanded gambling push
6 Feb 2012

A Florida legislator withdrew a bill that would build three Las Vegas-style hotel-casinos in the southern part of state Friday.

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Macau headed for another record-breaking month
25 Jan 2012

Union Gaming Group principal Grant Govertsen predicted that when January’s gaming revenue totals in Macau are counted, it would break last October’s single month record of $3.4 billion.

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New York not a threat to Las Vegas
23 Jan 2012

A potential casino in New York City shouldn't worry any of the resort-casinos on the Las Vegas Strip.

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Analyst has "grave concerns" about IGT purchase
18 Jan 2012

Union Gaming Group principal Bill Lerner said IGT could hurt its core slot machine business and may be spending too much to acquire Double Down Interactive.

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Macau limiting slots-only casinos
17 Jan 2012

The Macau government has implemented new regulations that will keep slot machine parlors from operating in residential parts of the city.

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States now look towards regulated online gaming
16 Jan 2012

At least a half-dozen states -- including Nevada -- and the District of Columbia have enacted laws or are contemplating regulatory changes that would allow some form of Internet poker within their boundaries.

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