Management News

Genting buys Echelon site on Strip for $350 million, will build $2 billion Resorts World Las Vegas
4 Mar 2013

The initial phase of its Resorts World Las Vegas will include 3,500 rooms and a 175,000-square-foot casino.

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Ex-gaming analyst finds new niche inside industry
11 Feb 2013

Marc Falcone gave up a 15-year career as a Wall Street gaming industry analyst to become chief financial officer for the newly created Fertitta Gaming.

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Boyd lays off workers nationwide, including top veeps
24 Jan 2013

The Las Vegas-based casino operator said the number of layoffs was less than 1 percent of the company's workforce.

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Borgata parents could benefit if New Jersey legalizes Net bets
22 Jan 2013

The state's Internet gambling bill sitting on Gov. Chris Christie's desk could benefit the two Las Vegas gaming companies that own Atlantic City's largest resort.

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Win2day live in Belgium with OMEGA CORE
22 Jan 2013

Belgian licensed operator win2day.be has completed the launch of its multi-channel online gaming offering powered by the OMEGA CORE management system.

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Analyst gives MGM Resorts edge over Penn National in race for Massachusetts gaming license
17 Dec 2012

Credit Suisse gaming analyst Joel Simkins attended a Springfield town-hall-style meeting and came away with the impression that MGM Resorts is the “clear favorite” of Springfield officials.

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Penn National Gaming submits application fees in Massachusetts
14 Dec 2012

Penn National Gaming has transmitted non-refundable application fees of $250,000 to the City of Springfield and $400,000 to the Commonwealth of Massachusetts in its bid to acquire a Massachusetts gaming license.

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MGM Resorts in battle with Penn for lone western Massachusetts casino license
10 Dec 2012

Springfield leaders reportedly told officials from both MGM and Penn to play nice: The city doesn't want a repeat of what happened in Maryland.

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Co-CEO of bwin.party announces retirement
6 Dec 2012

Jim Ryan, co-CEO of Gibraltar-based Bwin.party Digital Entertainment, said in a statement he would leave the world's largest online poker company Jan. 15.

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Penn National plans split into two separate companies
19 Nov 2012

Analysts universally praised Wyomissing, Pa.-based Penn for the move, which separates 17 of the company's 29 casinos and racetracks into a real estate investment trust, often referred to as a REIT.

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Bwin's chief questioned; expect scrutiny
19 Nov 2012

Reports surfaced early last week in Belgium that Bwin.party co-CEO Norbert Teufelberger was questioned by police in Brussels.

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Regulators license MGM Resorts' planned Web gambling subsidiary
16 Nov 2012

MGM Resorts International's planned online gaming subsidiary was licensed Thursday by the Nevada Gaming Commission to operate an interactive poker website in Nevada.

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Fitch affirms view of Boyd, downgrades Borgata
13 Nov 2012

Fitch said increased competition from the Revel in Atlantic City, which opened in May, and competition from casinos in New York, Pennsylvania, Delaware and Maryland could slice into Borgata's market share.

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Inside Gaming: Piles of cash, torrents of tweets and lots of crazy - gaming's political lunacy
12 Nov 2012

It only cost Penn National Gaming $42 million to embarrass itself.

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Maryland vote dismays casino operator Penn National
8 Nov 2012

After investing more than $42 million into a failed effort to defeat Question 7, which allows the state to add a sixth casino in suburban Prince George's County, Penn National is expected to bid on the gaming license when the process begins in January.

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