RSS 2.0 FeedMajor Headaches
Fri, Oct 31, 2008
Three of the major gaming companies in the U.S. last week were hit hard by continuing economic slide, while posting dramatically lower earnings.
Vol. 10 • No. 19 • May 14, 2012 - Print This Issue
Greg Jones
Greg Jones was associate editor of Global Gaming Business magazine and managing editor of Casino Connection Nevada until September 2009.
Podcast With Terry Caudill, President, TLC Casino Enterprises
Sat, Nov 01, 2008
This week, the Global Gaming Business Podcast features an interview with Terry Caudill, the president and CEO of TLC Casino Enterprises, which owns the Four Queens and Binions in Downtown Las Vegas. Caudill started his career as a keno writer at Harrah’s Reno. Later while with Circus Circus, he ventured into the neighborhood bar-casino scene in Las Vegas. He bought the Four Queens in 2003 and recently took over Binions when MTR Gaming sold out. As a former casino worker, Caudill understands the importance of the employees, while at the same time, catering to the needs and desires of his customers. His commitment to the Downtown market is unshakable and his plans are extensive. Caudill spoke with Global Gaming Business Associate Editor Greg Jones via phone from his Las Vegas office in October.
Gaming back on Ohio agenda
Wed, Dec 10, 2008
Racinos continue to be seen as a way to pump up the horse racing industry. In the latest example, Ohio Republican Rep. Louis Blessing says he will introduce legislation next year to allow either video gaming machines at Ohio’s seven racetracks or the establishment of casinos in the state.
Harrah’s Holds Off
Sat, Jan 17, 2009
Harrah's delays opening of the new hotel tower at Caesars Palace (photo at left shows the final beam being raised into place at a November ceremony) because of low occupancy rates in Las Vegas, while MGM Mirage Chairman and CEO James Murren says his company will do everything possible to reduce its debt—including selling more casino properties.
Fontainebleau Bankruptcy Moves Forward
Sun, Jun 21, 2009
Fontainebleau Las Vegas has dropped its federal lawsuit against lenders and is moving the case into bankruptcy court where the judge ordered the parties to enter mediation. James Packer writes down investment in project to zero; lenders finally explain reasons for default