Other News

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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Caesars sells St. Louis casino to Penn National Gaming
4 Nov 2012

Caesars Entertainment Corp. said in a regulatory filing Friday it closed a $610 million sale of its Harrah's St. Louis casino to Penn National Gaming.

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Maryland vote pits bully, new kid
4 Nov 2012

Maryland voters will determine if the state becomes a multimillion-dollar gambling jurisdiction or a multibillion-dollar casino-resort destination. We'll also find out whether MGM Resorts puts the bully in its place, or if Penn National is still king of the school.

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Boyd Gaming turns its focus to regional gaming markets
2 Nov 2012

Boyd Gaming hopes to close its $1.45 billion acquisition of Peninsula Gaming by December, which will give the company ownership of five casinos in Kansas, Iowa and Louisiana.

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Boyd Gaming reports Q3 results
2 Nov 2012

For the third quarter 2012, Boyd reported a net loss of $15.8 million, or $0.18 per share, compared to net income of $3.1 million.

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Fitch: Casinos recovering from Sandy, but effects may linger
1 Nov 2012

Despite major damage suffered on the Atlantic City Boardwalk, industry officials have indicated that gaming properties have not experienced the type of physical damage that would prevent their re-opening over the next few days.

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Penn National Gaming Names Greg Hinton General Manager of Hollywood Casino Tunica
26 Oct 2012

Hinton, most recently Assistant GM for Caesars Entertainment’s Tunica Properties, brings extensive gaming and financial experience to new role.

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A fight to the finish in Maryland
22 Oct 2012

Rival casino giants MGM Resorts International and Penn National Gaming have financed the most expensive and vitriolic campaign ever witnessed in the state of Maryland over Question 7.

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