Union Gaming Group News

Analysts hopeful 2012 can be bridge year for casino industry
13 Dec 2011

Analysts don't expect Las Vegas or other U.S.-based gaming markets to experience the growth projected for Macau or Singapore. But the industry is cautiously optimistic that 2012 could be a bridge to stronger results in 2013.

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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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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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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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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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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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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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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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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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Adelson envisions a "mini Las Vegas Strip" in Spain
18 Feb 2011

Las Vegas Sands Chairman Sheldon Adelson said Thursday he wants to create a $20 billion "mini Las Vegas Strip" in either Madrid or Barcelona.

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Success in Singapore leads operators to look towards Asia
14 Feb 2011

Other Asian markets may be looking to copy the Singapore model after the island country has seen great success with two new hotel-casinos.

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Union Gaming Group opens Macau office
11 Feb 2011

The Las Vegas-based firm, which publishes equity research and analysis on the casino industry, has opened a subsidiary on the Macau peninsula.

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Las Vegas Sands cuts comps for middle-tier gamblers
7 Feb 2011

Las Vegas Sands has eliminated free hotel rooms and other complimentary offerings for middle-tier customers at The Venetian and Palazzo.

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Iowa governor proposes gaming tax increase
31 Jan 2011

Iowa Gov. Terry Branstad has proposed a 36 percent tax hike on the state’s riverboat and racetrack casinos.

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