Administration and Finance News

Fontainebleau goes on the market, asking for $650 million
12 Nov 2015

Brokers with CBRE Las Vegas, who listed the property Wednesday, say its for-sale sign marks the last gasp of Southern Nevada's devastating economic downturn.

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Inside Gaming: North Strip needs a face lift
11 Nov 2015

Other than SLS and Circus Circus, the north section of Las Vegas Boulevard is a mix of small retail malls, empty land, unfinished developments and closed properties.

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Inside Gaming: MGM's REIT won't send the industry into a frenzy
8 Nov 2015

Unlike the real estate investment trusts started over the last few years by Penn National, Pinnacle and Caesars, MGM's move into an REIT is a "different animal," according to one industry analyst.

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JCM Global to stage technical product training prior to SAGSE 2015
6 Nov 2015

The seminars take place at Centro de Convenciones, Costa Salguero, Pabellones 2-3, Buenos Aires, and are presented free of charge.

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Station Casinos looking to sell Strip land parcel for $40 million
4 Nov 2015

The casino operator is trying to sell 57 acres of undeveloped land.

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Merger costs send Everi Holdings to quarterly loss
4 Nov 2015

The company reported a net loss of $6.1 million in the third quarter, due mainly to last year's $1.2 billion acquisition of slot machine maker Multimedia Games.

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Inside Gaming: East Fremont development helps downtown casinos boom
4 Nov 2015

Downtown gaming revenue has increased in eight consecutive months, including September's 9% jump.

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GLI relocates Sydney laboratory
2 Nov 2015

The move from Rosebury to Seven Hills makes GLI's laboratory closer to New South Wales manufacturers that have moved further west of Sydney's Central Business District.

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JCM Global to attend SAGSE 2015
2 Nov 2015

The show takes place from Nov. 10-12 in Buenos Aires and JCM will be in booth #200.

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Penn National obtains lenders' waivers and discloses approximate debt balance
1 Nov 2015

The waivers come in connection with the company's change in the classification of its "Master Lease" with Gaming and Leisure Properties.

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JCM Global to attend Macao Gaming Show 2015
1 Nov 2015

JCM will be at stand #AC-20 during the show, which runs from Nov. 17-19.

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MGM Resorts forms REIT with 10 properties
30 Oct 2015

The company says the formation of a real estate investment trust will offer "strategic and financial benefits."

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Town and County Leisure wins JCM distribution deal
23 Oct 2015

The Birmingham-based company has secured distribution rights to JCM's Ticket2Go system for small to medium-sized gaming venues.

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Penn National Gaming releases Q3 2015 results
23 Oct 2015

Replays of the conference call on Oct. 22 will be available on the company's website for 30 days.

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Penn National Gaming to restate financials back to Nov. 2013
23 Oct 2015

The move follows a reclassification of rent payments to GLPI, the company's real estate trust, as recommended by auditors.

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