Management News

Regional casino deal helps Boyd Gaming boost profits; shares soar
31 Jul 2013

Boyd said its net income for the quarter than ended June 30 was $11.6 million, or 13 cents per share. A year ago, the company reported net income of $1 million, or 1 cent per share.

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Gaming Commission OKs Penn National's plan to split into two
26 Jul 2013

The concept would separate 19 of the company’s 29 casinos and racetracks, including the M Resort, into a real estate investment trust, often referred to as a REIT.

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Penn links weak earnings to bad weather, less interest in gambling
24 Jul 2013

Penn National Gaming's east-west region, which includes M Resort, had the largest decline of any of the company's reporting divisions with revenues down 9.1 percent to $317.1 million.

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Penn National real estate move could become industry standard
11 Jul 2013

The concept would separate 19 of the company’s 29 casinos and racetracks, including the M Resort, into a real estate investment trust, often referred to as a REIT.

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Rebound anticipated in locals casino market
1 Jul 2013

Two analysts in the past week said they sense a rebound could take hold in the locals gaming market in the second half of the year.

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Poker tourney at M Resort offers $500,000 prize pool
27 Jun 2013

The event guarantees participants a prize pool of $500,000 — not much when compared with standards set by the World Series of Poker, which is more than halfway through its six-week run at the Rio.

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Bally Technologies revs up NASCAR slot machines complete with surround sound
26 Jun 2013

Bally Technologies is rolling out its NASCAR slot machines throughout the U.S. starting this week.

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Navegante Gaming licensed to manage Hooters Hotel
21 Jun 2013

The Nevada Gaming Commission unanimously approved the gaming license applications of father and son Larry Jean Woolf and Larry David Woolf and their company, Navegante Gaming Inc., to manage Hooters Hotel.

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NASCAR race to be named Boyd Gaming 300
14 Jun 2013

The name of the race will be changed to the Boyd Gaming 300 beginning in 2014.

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Cashiers at The Orleans sue, say they were forced to work off the clock
14 Jun 2013

The complaint contends that the unpaid overtime resulted from company policy, resulting in numerous complaints over several years but no changes.

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European online titan moves ahead with licensing in Nevada
3 Jun 2013

Bwin.party is moving forward with licensing in Nevada to operate Internet poker websites with MGM Resorts International and Boyd Gaming. But their main focus right now is New Jersey.

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Share prices up double digits for Boyd, Pinnacle
1 May 2013

The upward movement by Boyd Gaming and Pinnacle were for different reasons, Applied Analysis principal Brian Gordon said in a report to the firm’s clients.

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A battle as tough as Philly itself
29 Apr 2013

Six different groups and partnerships, including Wynn Resorts Ltd., Penn National Gaming, Isle of Capri Casinos and Cordish Cos., have applied with state gaming regulators for the right to own Philadelphia’s last casino license.

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Top-10 brick-and-mortar and online gambling partnerships to watch in the U.S.
22 Apr 2013

As more states consider joining Delaware, Nevada and New Jersey in regulating online gambling, solid partnerships between brick-and-mortar and online gambling companies will become essential to success in the gaming industry.

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Penn National grows quarterly revenues, but profits decline
19 Apr 2013

The regional casino giant said its overall revenues for the quarter that ended March 31 were $798.2 million, an increase of 8.4 percent compared with the first quarter of 2012.

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