Administration and Finance News

Proposed Miami casino could deal blow to Vegas
9 Dec 2011

A potential casino complex in Miami could siphon an estimated $1 billion to $2 billion in annual gaming revenues away from the Las Vegas Strip.

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Gaming growth greater in Asia-Pacific region
7 Dec 2011

Gaming revenues are expected to grow by an average of 18.3 percent in the Asia Pacific region, more than three times greater than the U.S.

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Macau gaming revenues shatter last year's record
2 Dec 2011

Macau's 34 casino collected more than $30.5 billion in gaming revenues in 2011, surpassing last year's $23.5 billion mark during the third quarter.

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Market surge boosts gaming stocks
2 Dec 2011

Wednesday's 490-point surge by the Dow Jones industrial average gave the stock prices of several publicly traded casino operators and slot machine manufacturers a lift.

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Slot machine sales slow but developing
22 Nov 2011

International Game Technology, Bally Technologies and WMS Industries didn't slow development of new products despite slower slot machine sales.

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Massachusetts ready for gambling expansion
21 Nov 2011

Gov. Deval Patrick is expected to sign a bill that will authorize three Las Vegas-style casinos and a slot machine parlor in Massachusetts.

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Boyd Gaming, MGM Resorts join online gaming titan
1 Nov 2011

Boyd Gaming and MGM Resorts announced Monday that they will join forces with bwin.Party to create Internet poker websites for Americans, if the activity becomes legalized and regulated in the U.S.

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Boyd Gaming, bwin.Party reach online poker agreement
31 Oct 2011

Boyd Gaming would acquire a 10 percent stake in an online poker room that would offer games to U.S. players under bwin.party's brands, including Party Poker.

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MGM, Boyd Gaming to form company with bwin.Party
31 Oct 2011

MGM Resorts International and Boyd Gaming are forming a new company with European online gambling giant bwin.party to offer online poker in the United States when it is regulated by the government.

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Competition expected to be fierce for Mass. gaming license
26 Oct 2011

Analysts say Massachusetts would be one the most highly sought-after gaming markets in recent history.

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GLI Asia general manager to speak at Singapore conference
24 Oct 2011

Gaming Laboratories International Asia General Manager Larry Xiao was invited to speak at the Asian Sports and Welfare Lottery Summit.

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Penn National reports high profits
21 Oct 2011

Penn National Gaming said its net income was $70.8 million in its third quarter ended Sept. 30, up from $57.1 million.

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Illinois governor won't sign large-scale gaming bill
19 Oct 2011

Gov. Pat Quinn said he would support his own scaled-down proposal, which would allow five new gaming locations, as opposed to nine.

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Massachusetts gambling bill takes major step forward
14 Oct 2011

The Massachusetts State Senate has approved a gaming bill that could lead to three Las Vegas-style casinos in the Bay State.

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Games with thrilling new twists shine at G2E
10 Oct 2011

The technology available to slot machine manufacturers has allowed developers and designers to create games that are a combination of amusement park rides and gambling devices. And many of those designs were on display at the Global Gaming Expo last week in Las Vegas.

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