Union Gaming Group News

Caesars CEO Loveman stepping down in wake of bankruptcy
5 Feb 2015

The change comes less than a month after Caesars placed its largest operating unit into a pre-packaged bankruptcy to eliminate almost $10 billion in debt.

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Macau casinos start 2015 with another revenue dip
3 Feb 2015

January's decline was the eighth straight monthly drop.

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Casino revenue in Nevada, on the Strip retreats slightly in 2014
2 Feb 2015

Gaming revenue collected by casinos ended a four-year upswing last year as the state's largest industry continued its recovery from the recession.

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Union Gaming Group expands research division, adds analysts
12 Nov 2014

The company, which is as an investment bank dedicated to the gaming industry, named Chris Jones as managing director and head of equity research in North America.

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Recovery of Las Vegas locals gaming depends on a Strip development
10 Nov 2014

Unlike the Strip, the locals market has been slow to embrace the state’s economic recovery.

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Macau casino revenue dips record 23.2 percent in October
5 Nov 2014

Total casino revenue was $3.5 billion in October — Macau’s fifth straight monthly decline, the Macau Gaming Inspection and Coordination Bureau said Tuesday.

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Vote to reverse Bay State casinos appears losing — or will it?
3 Nov 2014

By all accounts, a referendum to undo Massachusetts’ casino law should get crushed in Tuesday’s election and lose by 15 to 20 percentage points.

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Casinos in Japan: Not dead yet
23 Oct 2014

The investment community says gaming revenue in Japan could range from $10 billion to $15 billion annually, topping the yearly totals produced by Nevada and Singapore.

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TV shows, movies again the main theme at G2E
13 Oct 2014

“Mad Men,” “The Flintstones,” “Sons of Anarchy,” “Friends,” “Wonder Woman,” The Ellen DeGeneres Show,” “The Jetsons,” “Austin Powers,” “Duck Dynasty” and “Gremlins” were among the licensed brands prominently displayed in a slot machine format.

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Boyd Gaming Corp. joins mobile wagering trend
7 Oct 2014

Boyd is the latest company to join the mobile wagering trend, following sports book operators William Hill and Cantor Gaming and local gaming rival Station Casinos.

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Macau suffers fourth straight monthly gaming revenue drop
7 Oct 2014

Analysts warned Monday that the Chinese gaming enclave, which has experienced four straight monthly revenue dips, hasn’t bottomed out.

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Gaming's $240 billion impact noted; Murren eyes fantasy sports
1 Oct 2014

MGM Resorts International Chairman Jim Murren said he was considering an investment into fantasy sports leagues because of their growing popularity.

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Nevada gaming revenues down; baccarat revenue slips
29 Sep 2014

Statewide, Nevada gaming revenue fell 3.7 percent in August, ending five straight months of increases.

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Delano Las Vegas: Where South Beach meets Mojave Desert
2 Sep 2014

MGM Resorts International completed the summer-long $80 million renovation of The Hotel, an 1,100-room nongaming property on the south Strip attached to Mandalay Bay.

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Macau gaming revenue tumbles for third straight month
2 Sep 2014

Despite the 6.1 drop in August — the largest decline in 2014 — the Macau gaming market is up 8.1 percent for the year’s first eight months following 2013’s record $45.2 billion in gaming revenue.

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