Administration and Finance News

Share prices up double digits for Boyd, Pinnacle
1 May 2013

The upward movement by Boyd Gaming and Pinnacle were for different reasons, Applied Analysis principal Brian Gordon said in a report to the firm’s clients.

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GLI Europe names Illingworth director of European business development
30 Apr 2013

Illingworth, who started in the publishing side of the gaming industry, brings 18 years of extensive experience to GLI.

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A battle as tough as Philly itself
29 Apr 2013

Six different groups and partnerships, including Wynn Resorts Ltd., Penn National Gaming, Isle of Capri Casinos and Cordish Cos., have applied with state gaming regulators for the right to own Philadelphia’s last casino license.

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Top-10 brick-and-mortar and online gambling partnerships to watch in the U.S.
22 Apr 2013

As more states consider joining Delaware, Nevada and New Jersey in regulating online gambling, solid partnerships between brick-and-mortar and online gambling companies will become essential to success in the gaming industry.

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Penn National grows quarterly revenues, but profits decline
19 Apr 2013

The regional casino giant said its overall revenues for the quarter that ended March 31 were $798.2 million, an increase of 8.4 percent compared with the first quarter of 2012.

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Penn National joining party in Indian gaming market
15 Apr 2013

Penn National said it would partner with the Jamul Indian Village of San Diego to build a $360 million hotel-casino on tribal land roughly 20 miles east of downtown San Diego.

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Analyst sees little enthusiasm for Texas casino push
10 Apr 2013

The newest bill creates the Texas Gaming Commission and allows one casino each in Dallas, Fort Worth and San Antonio, with three additional casinos along the coast.

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Penn National plans to build Hollywood-brand casino in San Diego
8 Apr 2013

The development, which is expected to break ground later this year, is roughly 20 miles east of downtown San Diego.

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Las Vegas Sands pushing for Florida casino, but gaming expansion still stalled
4 Apr 2013

On Tuesday, the casino company’s Florida lobbyist told state lawmakers they should “go big” in an expansion of gaming in the state.

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New York hotel developer joins Caesars in Bill's Gamblin' Hall remodeling
19 Mar 2013

Gansevoort Hotel Group is joining Caesars in renovating the small, now-closed Bill's Gamblin' Hall at the corner of the Strip and Flamingo Road.

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SLS, Resorts World projects bring new energy to Strip's north end
19 Mar 2013

The company plans to unveil the 1,620-room SLS Las Vegas in fall 2014.

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I was wrong about Echelon
12 Mar 2013

It's not like I've never made a mistake . . . but no one took more pleasure in correcting my judgment recently than Boyd Gaming Corp. CEO Keith Smith.

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Genting buys Echelon site on Strip for $350 million, will build $2 billion Resorts World Las Vegas
4 Mar 2013

The initial phase of its Resorts World Las Vegas will include 3,500 rooms and a 175,000-square-foot casino.

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Ex-gaming analyst finds new niche inside industry
11 Feb 2013

Marc Falcone gave up a 15-year career as a Wall Street gaming industry analyst to become chief financial officer for the newly created Fertitta Gaming.

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Boyd lays off workers nationwide, including top veeps
24 Jan 2013

The Las Vegas-based casino operator said the number of layoffs was less than 1 percent of the company's workforce.

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