Management News


Analysts see little optimism for gaming industry
14 Sep 2010
Wall Street analysts say the struggles of the Nevada casino industry could last well into 2011.
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Slot makers gloomy before G2E
13 Sep 2010
Nevada slot machine sales didn't turn into the revenue-boosting bonanza state gaming equipment manufacturers anticipated going into the year.
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Casino operators try to beat the burden
7 Sep 2010
Major casino operators like MGM Resorts International, Las Vegas Sands and Harrah'S Entertainment have avoided bankruptcy, but still must deal with debt.
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Global, non-Vegas casino operators lift August index
3 Sep 2010
Companies with large casino holdings outside of the United States and regional gaming operators were the darlings of the investment community in August.
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Nevada resort might face sale
17 Aug 2010
The M Resort might be up for sale after the bank controlling $700 million of the hotel-casino's debt put its stake up for a private auction sale.
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Station, Boyd feud is real and compelling
16 Aug 2010
The feud between Las Vegas companies Station Casinos and Boyd Gaming has intensified after Boyd attempted to insert itself in Station Casinos' bankruptcy.
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Station Casinos gets sale approval
9 Aug 2010
A judge approved the sale of 11 casinos, land holdings and American Indian gaming contracts to a group backed by Fertitta Gaming for $772 million.
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Boyd Gaming sees second quarter profits plunge
4 Aug 2010
The Las Vegas-based casino operator announced its second-quarter profits fell 73 percent days after dropping out of bidding for Station Casinos properties.
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Shares of gaming companies dive in July
2 Aug 2010
The average daily stock prices of 10 casino operators and slot machine manufacturers all tumbled during the month.
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Casino industry outlook still uncertain
30 Jul 2010
Moody's Investors Service said there is a "high degree of uncertainty" over how much gaming trends will improve through the end of the year.
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Borgata sees revenue, profit decline
27 Jul 2010
Boyd Gaming said the Borgata resort saw revenues and profits decline during the second quarter because of reduced visitation and competition from other states.
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Penn National not expected to bid on Station properties
26 Jul 2010
A Penn National executive said the casino operator is not expected to participate in an auction of 11 casinos currently controlled by Station Casinos.
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Economic reality hits Las Vegas casinos
26 Jul 2010
Las Vegas casino revenue declined six percent the first five months of 2010, which is on top of a 16.9 percent decline between 2007 and 2009.
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Analyst worries Senate campaign tone will hurt Vegas
21 Jul 2010
Deutsche Bank gaming analyst Andrew Zarnett said the toxic rhetoric of Nevada’s U.S. Senate campaign could harm local casinos.
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Penn National terminates agreement on Ohio casinos
19 Jul 2010
Penn National Gaming has terminated option agreements with rival Lakes Entertainment concerning two casino sites in Ohio.
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