Administration and Finance News

New York not a threat to Las Vegas
23 Jan 2012

A potential casino in New York City shouldn't worry any of the resort-casinos on the Las Vegas Strip.

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Analyst has "grave concerns" about IGT purchase
18 Jan 2012

Union Gaming Group principal Bill Lerner said IGT could hurt its core slot machine business and may be spending too much to acquire Double Down Interactive.

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Macau limiting slots-only casinos
17 Jan 2012

The Macau government has implemented new regulations that will keep slot machine parlors from operating in residential parts of the city.

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States now look towards regulated online gaming
16 Jan 2012

At least a half-dozen states -- including Nevada -- and the District of Columbia have enacted laws or are contemplating regulatory changes that would allow some form of Internet poker within their boundaries.

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MGM Resorts trying to acquire land in Massachusetts
13 Jan 2012

MGM Resorts International entered the race for a Massachusetts casino license on Thursday, signing a deal to acquire 150 acres in the town of Brimfield for a hotel-casino complex.

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Southern Gaming Summit announces expanded conference program
13 Jan 2012

The 19th annual Southern Gaming Summit and its companion show Bingo World Conference & Expo will be held May 8-10 at the Mississippi Coast Coliseum and Convention Center.

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Ohio casinos delayed by up to two months
10 Jan 2012

A licensing hang-up could delay the openings of casinos in Cleveland and Toledo for eight weeks.

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Downtown Las Vegas ready for transformation
9 Jan 2012

This year is a transition year for downtown Las Vegas as the area awaits a number of remodels, redevelopments and expansions.

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Macau gaming revenues $33.5 billion last year
4 Jan 2012

Macau's 2011 gaming revenue total surpassed the combined casino revenues produced by the top 20 U.S. commercial casino markets in 2010.

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Gaming stocks slump in 2011
4 Jan 2012

Seven out of the 10 casino operators and slot machine manufacturers followed by Applied Analysis finished December below their average daily price from December 2010.

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Gaming expansion to be major story in 2012
28 Dec 2011

Nevada-based casino operators and slot machine manufacturers are evaluating the political and economic landscape of what some hope will evolve into the industry's largest expansion year on record.

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Gold Coast celebrates 25th anniversary in Vegas
23 Dec 2011

The Gold Coast was part of the first wave of locals casinos in Las Vegas, and 25 years later the property is a melting pot of diverse groups.

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Cosmopolitan boss says first year was good
15 Dec 2011

John Unwin, the CEO of The Cosmopolitan, said that next year will all about making a profit for the Las Vegas Strip resort.

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JCM Global integrates PayCheck 4 SaffariNet Ecosystem
13 Dec 2011

JCM Global's PayCheck4 thermal printer has been integrated into Lead Forward Gaming's Saffarinet Ecosystem.

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Analysts hopeful 2012 can be bridge year for casino industry
13 Dec 2011

Analysts don't expect Las Vegas or other U.S.-based gaming markets to experience the growth projected for Macau or Singapore. But the industry is cautiously optimistic that 2012 could be a bridge to stronger results in 2013.

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