Management News

REIT offers to buy real estate of Pinnacle Entertainment
10 Mar 2015

Gaming and Leisure Properties Inc. said in a statement the proposed transaction would create the third-largest triple-net REIT by enterprise value.

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Inside Gaming: Real estate investment trust concept could happen for MGM Resorts
9 Mar 2015

The gaming industry has embraced REITs, which, by law, don’t pay federal income taxes.

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Gaming Insider: Adding Buffalo a runaway hit for bar-top gaming
9 Mar 2015

Buffalo has been ranked as the best-earning slot machine game in the U.S. casino market for the past three years by Goldman Sachs in the Wall Street investment firm’s annual survey.

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A revived locals market could push Station Casinos to IPO
25 Feb 2015

During the Station Casinos’ fourth-quarter earnings conference call a week ago, an analyst asked if the privately held casino company would be publicly traded once again.

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Inside Gaming: How would legalizing U.S. sports betting change Nevada's industry?
23 Feb 2015

If legal sports books pop up in California Indian casinos, for example, would the Strip’s high-end gambling facilities dry up?

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Riviera purchase seen being OK'd despite short-term job losses
20 Feb 2015

When the Las Vegas Convention and Visitors Authority board of directors takes up the acquisition of the Riviera Hotel and Casino on Friday, it will do so with a board comprised of members who will have to consider killing jobs — and competition.

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Boyd Gaming narrows net loss in fourth quarter
13 Feb 2015

Boyd Gaming said its net loss for the fourth quarter was $32.4 million, or 29 cents per share. A year ago, the company lost $47.3 million, or 43 cents per share.

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Hollywood Poker Open Championship Weekend dates announced
5 Feb 2015

The Season 3 Championship Event will be held June 26-28 at Las Vegas M Resort Spa Casino. New additions include a Tour Leaderboard, a Seniors Championship and Seniors Tour Leaderboard.

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Inside Gaming: Will falling gas prices, rising consumer confidence help regional casinos?
2 Feb 2015

Whether this translates into more dollars in casino drop boxes is still up for debate.

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One-time charge hurts Penn National fourth quarter results
30 Jan 2015

Penn National said its net loss of $250.4 million for the quarter that ended Dec. 31 was primarily due to a $316.5 million non-cash charge.

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Boyd Gaming Corp. selects hotel executive, local attorney for board
23 Jan 2015

The board appointments are for Loews Hotels & Resorts CEO Paul Whetsell and John Bailey, managing partner of Bailey Kennedy.

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Slots 'lock-up' law could cost millions
23 Jan 2015

Under the Massachusetts law authorizing up to three casinos and a slot parlor, operators are required to stop a gambling machine transaction once someone wins $600.

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Top executive for Resorts World Las Vegas departs
22 Jan 2015

Christian Goode, who oversaw the Americas Division for Malaysia-based Genting Berhad, was to oversee both development and operations of the planned Strip hotel-casino.

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Old school: Takeover of Stardust an easy call for Bill Boyd
21 Jan 2015

Bill Boyd said a 1983 decision to take over management of the troubled Stardust was an easy choice.

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Nevada statewide gaming revenue up, but Strip numbers fall again
31 Dec 2014

A hefty drop in table game revenue — which included a 1.1 percent dip in baccarat results — sent Strip resorts to their fourth straight monthly gaming decrease in 2014.

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