Wells Fargo Bank Gaming Division News

Decline in baccarat play deals a blow to Nevada casino revenues
29 Jul 2015

While the crackdown on Chinese high rollers has hit Macau the hardest, the 53.7 percent decline in baccarat revenue in Nevada contributed the lion's share of June's 8 percent decline in gaming revenues over last year.

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G2E panel says tribal casinos have thrived
7 Oct 2011

Tribal casinos now offer full-service, hotel-casino destinations that generate millions of dollars annually, but reaction is mixed on whether the market is saturated.

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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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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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Illinois lawmakers kill gaming expansion
14 Jan 2011

Lawmakers rejected a bill that would have permitted five new casinos and allowed for slot machines at racetracks and area airports.

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Ameristar Casinos cancels sales plans
14 Dec 2010

Ameristar Casinos said in a statement that "a sale is not in the best interests of the Company and its stockholders at this time."

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California tribes, Wells Fargo form $25 million private equity fund
26 Feb 2008

Wells Fargo Community Development Corporation, the Colusa Indian Tribe and the Rincon Indian Tribe have formed First Nations Capital Partners, LLC, a specialized $25 million private equity fund.

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