Administration and Finance News

Macau suffers fourth straight monthly gaming revenue drop
7 Oct 2014

Analysts warned Monday that the Chinese gaming enclave, which has experienced four straight monthly revenue dips, hasn’t bottomed out.

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Casino Data Imaging announces strategic partnership with IGT
6 Oct 2014

Casino Data Imaging (CDI), a leader in advanced visualization and analysis solutions, announced today a strategic alliance with global gaming giant IGT to integrate CDI’s GlobalSuite technologies into IGT’s systems portfolio for worldwide distribution.

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Global Cash CEO says Multimedia Games deal a class apart
3 Oct 2014

The deal is not like any of the other high-profile gaming equipment-sector consolidations discussed this week at the Global Gaming Expo.

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Gaming's $240 billion impact noted; Murren eyes fantasy sports
1 Oct 2014

MGM Resorts International Chairman Jim Murren said he was considering an investment into fantasy sports leagues because of their growing popularity.

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G2E to ring up $22.3 million in nongaming economic impact
30 Sep 2014

Sponsored by the American Gaming Association and produced by Reed Exhibitions, the 14th annual Global Gaming Expo is expected to attract 27,000 attendees.

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Adelson slips one spot on the Forbes list
30 Sep 2014

Sheldon Adelson, 81, was listed as both the gaming industry’s and Nevada’s top name on the annual ranking, which came out Monday.

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Nevada gaming revenues down; baccarat revenue slips
29 Sep 2014

Statewide, Nevada gaming revenue fell 3.7 percent in August, ending five straight months of increases.

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Boyd Gaming launches sports wagering app
24 Sep 2014

The application — B Connected Sports — is now available as a mobile app on iOS devices through the iTunes Store and on Android devices at BConnectedSports.com.

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Inside Gaming: Industry is not facing slots of fun
15 Sep 2014

Analysts said this month the replacement market — in which slot machine manufacturers sell casinos newer games to change out older products — has fallen from previous estimates.

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Boyd Gaming issues statement on MGM Resorts International's relicensing in New Jersey
10 Sep 2014

New Jersey Casino Control Commission's ruling that found MGM Resorts International qualified to resume as a 50% owner of Borgata Hotel Casino & Spa.

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Synectics adds Penn premiers to growing North American gaming portfolio
8 Sep 2014

Two new Ohio Penn National Gaming casinos are the latest additions to the firm’s extensive portfolio.

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JCM finalizes acquisition of FutureLogic
3 Sep 2014

The deal expands JCM's line of printers, enhancing JCM's position as the leading peripheral supplier.

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Delano Las Vegas: Where South Beach meets Mojave Desert
2 Sep 2014

MGM Resorts International completed the summer-long $80 million renovation of The Hotel, an 1,100-room nongaming property on the south Strip attached to Mandalay Bay.

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Macau gaming revenue tumbles for third straight month
2 Sep 2014

Despite the 6.1 drop in August — the largest decline in 2014 — the Macau gaming market is up 8.1 percent for the year’s first eight months following 2013’s record $45.2 billion in gaming revenue.

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Activist investors see real estate as key to Pinnacle, Boyd
27 Aug 2014

Two New York-based hedge funds want Pinnacle and Boyd to spin off their casinos into real estate investment trusts, referred to as REITs.

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