Administration and Finance News

Hollywood Poker Open Championship Weekend dates announced
5 Feb 2015

The Season 3 Championship Event will be held June 26-28 at Las Vegas M Resort Spa Casino. New additions include a Tour Leaderboard, a Seniors Championship and Seniors Tour Leaderboard.

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Caesars CEO Loveman stepping down in wake of bankruptcy
5 Feb 2015

The change comes less than a month after Caesars placed its largest operating unit into a pre-packaged bankruptcy to eliminate almost $10 billion in debt.

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Macau casinos start 2015 with another revenue dip
3 Feb 2015

January's decline was the eighth straight monthly drop.

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Casino revenue in Nevada, on the Strip retreats slightly in 2014
2 Feb 2015

Gaming revenue collected by casinos ended a four-year upswing last year as the state's largest industry continued its recovery from the recession.

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Inside Gaming: Will falling gas prices, rising consumer confidence help regional casinos?
2 Feb 2015

Whether this translates into more dollars in casino drop boxes is still up for debate.

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One-time charge hurts Penn National fourth quarter results
30 Jan 2015

Penn National said its net loss of $250.4 million for the quarter that ended Dec. 31 was primarily due to a $316.5 million non-cash charge.

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Gaming Insider: Analysts split on impact of mergers among gaming manufacturers
26 Jan 2015

The next 18 months won't contain the fireworks associated with five multibillion-dollar corporate mergers, but the time period could foretell the manufacturing industry's future.

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Boyd Gaming Corp. selects hotel executive, local attorney for board
23 Jan 2015

The board appointments are for Loews Hotels & Resorts CEO Paul Whetsell and John Bailey, managing partner of Bailey Kennedy.

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Slots 'lock-up' law could cost millions
23 Jan 2015

Under the Massachusetts law authorizing up to three casinos and a slot parlor, operators are required to stop a gambling machine transaction once someone wins $600.

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Top executive for Resorts World Las Vegas departs
22 Jan 2015

Christian Goode, who oversaw the Americas Division for Malaysia-based Genting Berhad, was to oversee both development and operations of the planned Strip hotel-casino.

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Old school: Takeover of Stardust an easy call for Bill Boyd
21 Jan 2015

Bill Boyd said a 1983 decision to take over management of the troubled Stardust was an easy choice.

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Gaming Laboratories International brings world-class services beyond testing to ICE 2015
19 Jan 2015

HILLEGOM, The Netherlands (PRESS RELEASE) – Gaming Laboratories International (GLI) is the world’s leading land-based, iGaming and lottery testing laboratory, and from its stand N3-210 at ICE, GLI wil...

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American Gaming Association expands in membership, influence
14 Jan 2015

Last week, the AGA announced it added nine members, including Seminole Hard Rock Gaming — the group’s first American Indian-owned casino company — and the Las Vegas Convention and Visitors Authority.

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Law firm steeped in Nevada gaming history relegated to history pages
12 Jan 2015

Back when Nevada and Atlantic City were the only places in the United States to find casinos, the law firm Lionel Sawyer & Collins ruled the legal roost.

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Nevada statewide gaming revenue up, but Strip numbers fall again
31 Dec 2014

A hefty drop in table game revenue — which included a 1.1 percent dip in baccarat results — sent Strip resorts to their fourth straight monthly gaming decrease in 2014.

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