Union Gaming Group News

Union Gaming Group, successful at home, looks to Japan as global gambling's possible next frontier
3 Sep 2013

Later this month, Union Gaming Group will host a three-day conference at the Conrad Hotel in Tokyo that focuses on Japan’s potential expansion into legalized casino gaming.

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Macau gaming revenues up 20 percent in July, 16 percent for 2013
2 Aug 2013

The growth surprised some prognosticators who expressed concerns of an economic slowdown in Asia.

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IGT to reimburse Ader Group for expenses in proxy fight
2 Jul 2013

According to IGT, the settlement agreement calls for members of the Ader Group to observe certain standstill provisions for four years.

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Rebound anticipated in locals casino market
1 Jul 2013

Two analysts in the past week said they sense a rebound could take hold in the locals gaming market in the second half of the year.

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Analyst sees little enthusiasm for Texas casino push
10 Apr 2013

The newest bill creates the Texas Gaming Commission and allows one casino each in Dallas, Fort Worth and San Antonio, with three additional casinos along the coast.

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Las Vegas Sands pushing for Florida casino, but gaming expansion still stalled
4 Apr 2013

On Tuesday, the casino company’s Florida lobbyist told state lawmakers they should “go big” in an expansion of gaming in the state.

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Wynn Resorts buys out Japanese board member
20 Feb 2012

Wynn Resorts will pay Kazuo Okada, a former close business associate of Steve Wynn, $1.9 billion over 10 years for his 20 percent stake in the gaming company.

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CityCenter suffers $45 million loss in fourth quarter
14 Feb 2012

MGM Resorts International said that its CityCenter development in Las Vegas had a net operating loss of roughly $45 million in the fourth quarter.

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Two Macau land grants could be approved this year
7 Feb 2012

A Macau government official said two applications for land grants on the Cotai Strip requested by casino operators could be approved this year.

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Florida lawmakers end expanded gambling push
6 Feb 2012

A Florida legislator withdrew a bill that would build three Las Vegas-style hotel-casinos in the southern part of state Friday.

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Macau headed for another record-breaking month
25 Jan 2012

Union Gaming Group principal Grant Govertsen predicted that when January’s gaming revenue totals in Macau are counted, it would break last October’s single month record of $3.4 billion.

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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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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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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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