Vol. 7 • No. 39 • October 19, 2009 - Print This Issue
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Vol. 7 • No. 39 • October 19, 2009, Featured Articles, FANTINI'S FINANCE
A Cautionary Tale
When governments get too involved in the gaming industry, it can cause headaches for operators, shareholders, employees and patrons.
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More Featured Articles
WEEKLY FEATURE: Visa Volatility
Beijing re-imposes visa restrictions as Macau government considers raising the gambling and capping the number of table games offered in the Chinese enclave.
Satre Named IGT Chairman
The former CEO of Harrah’s Entertainment, Phil Satre, has been named chairman of the board of directors for slot manufacturer International Game Technology.
Korean Contraplex
Strong business at Korea’s foreigners-only casinos has allowed one operator to expand a successful venue, the Seven Luck Gangnam in Seoul (l.). However, the one casino where Korean citizens are allowed to play may be doing too well for its own good.
Table Time in PA
The Pennsylvania Senate passed a table-game bill including a 12 percent tax, and state House leaders appear ready to lower their much-higher tax rate in a compromise bill. And since Governor Ed Rendell (l.) has already signed a budget, there is no time to spare.
Wynn Gets Garth
Las Vegas may have more rhinestones than cowboys, and if Donny and Marie aren’t country enough (or rock and roll enough, for that matter) for you, have no fear: Garth Brooks is here.
Off-Rez Gaming Still Being Discussed
Although a repudiation of the Bush-era policies is expected, BIA head Larry EchoHawk (l.) says Obama administration is still discussing the issue.
Lanni Has Cancer
Former MGM Mirage chairman is being treated for cancer. His illness may affect the New Jersey hearings on Pansy Ho’s suitability as MGM Mirage’s Macau partner.
House Passes Travel Act
Gaming industry just one of many participants that lobbied for bill that will increase incentives for travel to the U.S.
GLOBAL GAMING BUSINESS PODCAST: Phil Hogen, Former Chairman, National Indian Gaming Commission
This week, the Global Gaming Business Podcast features an interview with Phil Hogen, who just resigned as chairman of the National Indian Gaming Commission, on his time with the commission and his views on tribal gaming.