Other News

Pinnacle drops New York casino bid
22 May 2014

Regional casino operator Pinnacle Entertainment withdrew from consideration for one of four gaming licenses in New York, state gaming officials announced late Tuesday.

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Cannery Casino Resorts sells Pennsylvania racetrack casino
16 May 2014

The transaction, announced Wednesday, is subject to regulatory approval and expected to close by the end of the year.

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Cosmopolitan of Las Vegas sold to Blackstone Group for $1.73 billion
16 May 2014

The deal is subject to approval of Nevada gaming regulators.

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Inside Gaming: Weight of debt will not go away
13 May 2014

Last Tuesday, Caesars announced a five-step plan for eliminating the company’s 2015 financial obligations and reduce the upcoming debts due in 2016 and 2017.

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Downtown Las Vegas events help drive Boyd Gaming properties to best quarter since 2009
2 May 2014

The Las Vegas-based company said Wednesday it had its best first quarter in five years from Main Street Station, Fremont and California Club, all of which benefited from a cavalcade of market-changing events downtown.

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Q&A with Paul Chakmak, executive vice president and chief operating officer at Boyd Gaming Corp.
29 Apr 2014

Chakmak's pre-Boyd banking experience — which focused on debt and leverage financing — comes in handy for discussions at board meetings.

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What is Strip land worth? Echelon deal offers ideas
28 Apr 2014

The sale by Boyd Gaming Corp. of the 87-acre Echelon site to the Genting Group for $350 million gave analysts an idea of what property on the Strip might be worth in today’s market.

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Penn National Gaming again views expansion on Strip
25 Apr 2014

Penn National Gaming, which owns M Resort, is again looking at the Strip for possible expansion opportunities.

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N.Y. investment fund proposes REIT for Pinnacle casino holdings
22 Apr 2014

Orange Capital said it believes Pinnacle could be more valuable to shareholders by splitting the company into a trust.

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IGT announces first multistate progressive jackpot network
14 Apr 2014

The initial networks involve casinos operated Caesars Entertainment Corp. and Boyd Gaming Corp.

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Regional gaming operators hope end of winter will nurture warmer financial figures
14 Apr 2014

Weather issues kept casino patrons at home in several states where companies such as Penn National Gaming, Isle of Capri Casinos, Pinnacle Entertainment and Boyd Gaming Corp. derive the bulk of their quarterly revenue.

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Sands board member becomes online gaming company stakeholder
28 Mar 2014

A member of the Sands board of directors, Jason Ader, has become the second-largest shareholder in European gaming giant Bwin.party, a position seemingly at odds with Adelson's anti-online gaming stance.

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Murren wants AGA to dial down the rhetoric on Web poker
24 Mar 2014

Jim Murren, chairman and CEO of MGM Resorts International and chairman of the American Gaming Association, wants AGA to dial down its lobbying and advocacy efforts on behalf of legalizing Internet poker.

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Revenue from Macau casinos enriches industry billionaire
19 Mar 2014

It makes sense that the region — the only location in China with casinos — is creating more gaming industry billionaires than Las Vegas.

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Inside Gaming: Boyd deal sparks torrent of speculation
17 Mar 2014

Scenarios ranged from a corporate takeover to moving the company’s casinos into a real estate investment trust.

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