Management News

Ohio governor proposes controversial gaming tax
10 May 2011

Gov. John Kasich’s support of a commercial activity tax, which could stall construction of four casinos approved by voters in the Buckeye State.

Rising Mississippi River flood waters have shuttered casino operations in several Southern and Midwestern states this week.

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Penn National to take control over M Resort
6 May 2011

Penn National Gaming has been given preliminary approval by the Nevada Gaming Control Board to take over the M Resort.

Boyd Gaming Corporation has entered into a definitive agreement to sell the assets of Dania Jai-Alai in Dania Beach, Fla., for $80 million cash.

Despite the fact that regional markets like riverboat casinos in the South and Midwest are recovering, the Las Vegas market is still struggling.

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Casino stocks tumble in March
1 Apr 2011

Gaming stocks fell last month as investors grew concerned that high gasoline costs could keep casino customers from traveling.

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Nevada executive in favor of online poker
23 Mar 2011

South Point owner Michael Gaughan said the Nevada Legislature should pass a bill that would adopt regulations for online poker.

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Vegas sportsbooks come alive during tournament
18 Mar 2011

Las Vegas sportsbooks were packed at 9 a.m. on Thursday morning as the Round of 64 of the NCAA men's basketball tournament kicked off.

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Gold Coast poker room moving to The Orleans
9 Mar 2011

The poker room at the off-Strip Gold Coast, which closed last month, has transferred its business to The Orleans.

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Wynn Resorts named most admired Vegas company
4 Mar 2011

Fortune named Wynn Resorts the fourth most admired company in the category of hotels, casinos and resorts, the highest Las Vegas company.

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Investors not sold on Boyd optimism
2 Mar 2011

Despite president and CEO Keith Smith saying Boyd Gaming's "core business is improving," shares in the casino company dropped 7.3 percent on Tuesday.

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February a mixed bag for gaming stocks
1 Mar 2011

Four out of the 10 publically traded casino companies and slot manufacturers charted by Applied Analysis say increases in their daily stock price.

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Penn National continues to stay busy
15 Feb 2011

Penn National Gaming began preliminary site work in January on a potential location in New Orleans for a $145 million casino.

A number of major casino projects in Las Vegas, including the Fontainebleau, are sitting dormant after construction was halted due to costs.

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Penn National begins M Resort promotion
3 Feb 2011

Penn National Gaming told investors it has begun marketing the newly-acquired M Resort to its customer database.

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