Administration and Finance News


Hollywood Casino update due to Mississippi River levels
11 May 2011
Hollywood Casino Baton Rouge says rising of river will not impact operations of the casino until the river reaches 47 feet.
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Ohio governor proposes controversial gaming tax
10 May 2011
Gov. John Kasich’s support of a commercial activity tax, which could stall construction of four casinos approved by voters in the Buckeye State.
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Midwestern, Southern casinos close due to flooding
9 May 2011
Rising Mississippi River flood waters have shuttered casino operations in several Southern and Midwestern states this week.
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Penn National to take control over M Resort
6 May 2011
Penn National Gaming has been given preliminary approval by the Nevada Gaming Control Board to take over the M Resort.
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Land-based casinos focus on federal legislation
4 May 2011
Despite the recent crackdown on PokerStars, Full Tilt Poker and Absolute Poker, the casino industry still seeks federal legislation that would allow Las Vegas companies to operate legally online.
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Gaming revenues top $2.6 billion in Macau
3 May 2011
Casinos in the Chinese gaming enclave collected $2.6 billion in April from gamblers, a 44.6 percent increase compared to April 2010.
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Boyd Gaming announces agreement to sell Dania Jai-Alai
2 May 2011
Boyd Gaming Corporation has entered into a definitive agreement to sell the assets of Dania Jai-Alai in Dania Beach, Fla., for $80 million cash.
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Experts weigh in on Nevada gaming market recovery
19 Apr 2011
Despite the fact that regional markets like riverboat casinos in the South and Midwest are recovering, the Las Vegas market is still struggling.
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MGM Resorts will gain majority ownership of MGM Grand Macau
13 Apr 2011
The change in ownership will occur once MGM Resorts' initial public offering is listed on the Hong Kong Stock Exchange.
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Revenues up at Wynn Resorts
7 Apr 2011
Las Vegas revenues for the first quarter were estimated at $349.7 million, up from $331.8 million.
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Casino Careers features opportunities from coast-to-coast
6 Apr 2011
Casino Careers has listings for job opportunities in four new gaming facilities as well as casinos from coast-to-coast.
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Don't bet on Texas gambling expansion
4 Apr 2011
Lawmakers in Texas are considering 17 gaming proposals, everything from building eight Las Vegas-style hotel-casinos to adding slot machines at racetracks. But expect gaming expansion to fail in the Lone Star State again.
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Casino stocks tumble in March
1 Apr 2011
Gaming stocks fell last month as investors grew concerned that high gasoline costs could keep casino customers from traveling.
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Macau sees historic March with $2.5 billion in revenue
1 Apr 2011
Macau casinos shatters its monthly gaming revenue records during March, collecting the equivalent of $2.5 billion from gamblers.
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The Cosmopolitan of Las Vegas reports $139.5 million loss
31 Mar 2011
Nevada Property 1 LLC reported a $139.5 million loss for the 17 days the hotel-casino was open last year.
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