Vol. 7 • No. 42 • November 9, 2009 - Print This Issue
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Vol. 7 • No. 42 • November 9, 2009, Featured Articles, FANTINI'S FINANCE
FANTINI’S FINANCE: Government Gives… and Takes Away
Even when the people approve a referendum favoring a specific company, the government can come in and change the circumstances remarkably. Just look at Ohio this week.
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WEEKLY FEATURE: And Then There Were Five
Steve Wynn (l.) backs out of Aqueduct bidding; more bidders could defect as New York's Paterson raises his upfront fees. Only Penn National Gaming initially offered $200M for the rights to a racino in Queens borough.
LV Sands Macau IPO a ‘Go’
As the LV Sands IPO gets the official OK, the company outlines how it plans to use the approximately $2.5 billion it hopes to raise, including restarting construction on the dormant Cotai Strip parcels 5 & 6 (l.)
GLOBAL GAMING BUSINESS PODCAST: Michael Leven, President and COO, Las Vegas Sands
This week’s GGB Podcast features an extended interview with Michael Leven, the president and chief operating officer of Las Vegas Sands, on his role in the company, his relationship with the chairman and his view on the upcoming opening of the company’s Singapore project.
Boyd Still Wants Station
Boyd Gaming is asserting itself as a major player in the Station Casinos bankruptcy case after filing a recent motion supporting a minority group of lenders’ request to have an examiner look at Station’s finances.
New Jersey Elects New Governor Who Inherits Gaming Fight
Chris Christie (l.), the new governor of New Jersey, who pledged to keep VLTs out of the state's racetracks, must solve a seemingly insoluble problem: keeping both casinos and horse racing alive and well in the Garden State.
Seminole Pact Looks Dead; Florida Eyes Full-Blown Gaming
Hopes are getting bleaker for the proposed $150-million-a-year tribal deal, which could be supplanted by a gaming free-for-all in the Sunshine State, according to the House gaming committee leader, Rep. Ellyn Bogdanoff (l.). The issue may go to a referendum in 2010.
Landry’s Goes Private
More than a year after first attempting to take Landry’s Restaurants Inc. private, CEO and Chairman Tilman Fertitta’s most recent bid for the Golden Nugget parent company has been approved.
India State RFP for Online Operators
While the Indian state of Goa wrestles with its shipboard-casino problems, a state in the shadows of the Himalayas, Sikkim, is jumping into the future with an RFP for as many as three online betting licenses.
Ireland Eyes Casino Resort with Racetrack
As Ireland examines its outdated gaming legislation, an ambitious new project that incorporates a world-class casino has been floated by a successful local developer.
Tribal Leaders Gather in D.C.
Meeting with President Barack Obama and his administration fulfills a pledge made during the campaign, and the Embassy of Tribal Nations (l.) debuts, as well.