Administration and Finance News

Mr. Verde has over 18 years of regional gaming experience and two years as Chief Executive Officer of Playcity, Grupo Televisa’s gaming division.

So far the scorecard reads: MGM Resorts, $5.4 million in campaign contributions; Penn National, $9.5 million.

Penn National Gaming paid its $50? million license fee on Monday, one of the final steps in clearing the way for the commission’s certification that the casino meets state regulations.

Penn National Gaming spent $5.5 million trying to prevent expanded gambling in Maryland.

Gaming Laboratories International (GLI) welcomed government officials, regulators, operators and suppliers to an open house.

Cantor Gaming, Caesars Entertainment Corp. and Boyd Gaming Corp. will not accept bets on horse races at Golden Gate Fields' 17-day summer meet that began Friday since the Nevada Gaming Control Board has not approved a pari-mutuel contract between Golden Gate and the Las Vegas Dissemination Co. (LVDC).

Marylanders, get ready for a mudslinging sequel.

Experience the very best of the wild wild West – it’s the Rawhide slot game, online for the first time at JackpotParty.

The deal will enable Smart Live players to bet on the results generated at Spielbank Schleswig-Holstein casino’s table games such as roulette - in real time.

The company on Tuesday reported a second-quarter net profit of $1 million, or 1 cent per share, narrowly reversing a $3 million net loss, or 3 cents per share, from the same period a year earlier.

Penn National said Tuesday its net income for the quarter that ended June 30 was $66.7 million, down 12 percent from $76 million in the same quarter a year ago.

Boyd Gaming Corporation's original concept for the CityCenter-like Echelon project - five hotels of various sizes, a large casino, 750,000 square feet of convention space, 30 restaurants, 300,000 square feet of retail and entertainment amenities, all covering 87 acres - is not going to happen.

Two new $125 million projects expected to generate 1,000 new direct and indirect jobs each.

Gaming stocks nosedived in May as investors grew worried over foreign debt matters and mixed messages coming from company earnings reports.

Topics addressed were as colorful and varied as the European gaming industry itself and included discussions on terrestrial gaming and iGaming.