Vol. 7 • No. 49 • December 28, 2009 - Print This Issue
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Vol. 7 • No. 49 • December 28, 2009, Featured Articles, EUROPEAN GAMING
Casinos Austria Named in U.K. Casino Bid
Rumors have been circulating for some time regarding Casinos Austria becoming involved in new U.K. casino opportunities. Now, a news item has identified the town of Milton Keynes and its new football stadium (l.) as the site of one possible effort that would involve the international operator.
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WEEKLY FEATURE: Macau Celebrates 10 Years in China
A visit from Chinese President Hu Jintao (l.) caps off a celebration that featured the installation of Fernando Chui as only the second chief executive of Macau under the umbrella of Mainland China. The gaming industry is cited as an important part of the SAR’s economy, but the need to diversify is repeated again and again.
European Justice
A recent opinion from Yves Bot (l.), an advisor to the European Court of Justice, may help define a clearer path forward in the ongoing debate on the legitimacy of monopoly operators in the gaming industry.
Boyd Prepares for Station Buyout
Boyd Gaming has set its sights on bankrupt Station Casinos and is planning to see through its $2.45 billion bid for the locals casino company. CEO Keith Smith (l.) says a new bank agreement should demonstrate the company’s intent.
Conversations with the Bosses
Las Vegas Sands’ Sheldon Adelson and Harrah’s Entertainment’s Gary Loveman (l.) sit down last week with reporters for year-end wraps and discussions about their companies.
FANTINI’S FINANCE: A Year in Review
It was the worst of times, 2009. Early in the year, most stock prices collapsed and companies spent the rest of the year trying to recover. And 2009 saw the end of trends that had held for a decade.
Black Gaming Enters Bankruptcy
In a prepackaged bankruptcy deal, Black Gaming, the principal casino operator in Mesquite, Nevada, (Casablanca Casino Resort at left) will emerge strong and with a better balance sheet.
Obama Supports Carcieri ‘Fix’
President Barack Obama (l.) has signaled his support of efforts within Congress to do something legislatively about a Supreme Court decision that has stopped the putting of land into trust for tribes that were recognized after 1934.
Jamaica Racetrack Warns Against OTBs
The casino issue is not the only gaming-related business occupying Jamaican lawmakers. An application for an OTB license and suggested amendments to the betting laws have thrown the government-owned horseracing monopoly, the Caymanas Track (l.), into full panic mode.
GLOBAL GAMING BUSINESS PODCAST: Kate Spilde, Sycuan Institute on Tribal Gaming, San Diego State University
This week, the Global Gaming Business Podcast features an interview with Kate Spilde, an associate professor in the School of Hospitality and Tourism Management at San Diego State University, on the state of higher education in Indian gaming.