Administration and Finance News

Wynn Resorts sees major jump in profits
19 Jul 2011

Wynn Resorts reported double-digit increases in revenues across the board that helped the company more than double its second-quarter profit.

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Atlantic City seeing signs of progress
18 Jul 2011

While gaming revenues continue to decline in Atlantic City, revenues only dropped four percent last month.

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Casinos catering to customers with retro slots
18 Jul 2011

Old-fashioned coin slot machines still can be found in Las Vegas among the beeping and whooping video games that dominate casino floors.

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Inside Gaming: Familiar faces stay despite overhauls
4 Jul 2011

The near financial collapse of several Las Vegas-based gaming companies didn't shake the system.

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Pinnacle gamble pays off in Ohio
20 Jun 2011

Pinnacle Entertainment stands to benefit after Ohio's governor announced he will allow the state's racetracks to add slot machine-like video lottery terminals.

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Boyd Gaming to acquire IP Casino Resort Spa in Biloxi
17 Jun 2011

Boyd to acquire the IP Casino Resort Spa in Biloxi, Mississippi, from Imperial Palace of Mississippi, LLC, and Key Largo Holdings, LLC, for $278 million in cash.

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Gaming industry turns eyes to Illinois
6 Jun 2011

Illinois Gov. Pat Quinn has 45 days to decide whether to sign a massive casino expansion bill in his state.

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Penn National officially acquires M Resort
3 Jun 2011

Penn National Gaming officially acquired M Resort in Nevada on Wednesday after state gaming regulators approved the deal last month.

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Macau gaming revenues hit $3 billion in May
3 Jun 2011

The opening of the Galaxy Macau sent the Chinese territory's gaming revenues to an all-time high of $3 billion.

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Penn National close to finalizing Pimlico-Laurel stake sale
20 May 2011

Penn National Gaming close to selling back its 49-percent stake in Pimlico Racecourse and Laurel Park in Maryland.

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Regulators OK new leadership for Casino MonteLago
20 May 2011

The Nevada Gaming Commission on Thursday approved a new management team and company for Casino MonteLago at Lake Las Vegas, which is on its third owner since it opened in 2003.

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Tunica casinos to reopen after flooding
18 May 2011

Receding Mississippi River floodwaters are allowing casinos in Tunica, Miss., to get back to business.

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Sahara offers last goodbyes after nearly 60 years
16 May 2011

The Sahara's final guest checks out at around noon on Monday. The nearly 60-year-old Strip resort will cease operations two hours later, a victim of both the recession and of progress.

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Caesars chairman calls for legal online poker
11 May 2011

Caesars Entertainment Chairman Gary Loveman used a conference call to rally support for the federal legalization of Internet poker.

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Gaming industry renews push for legal online poker
11 May 2011

Top gaming industry executives launched a lobbying push Tuesday to persuade Congress to legalize Internet poker.

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