Vol. 8 • No. 46 • November 29, 2010 - Print This Issue
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Vol. 8 • No. 46 • November 29, 2010, Featured Articles, FANTINI'S FINANCE
FANTINI’S FINANCE: Final Thoughts From G2E
The trade show is often an indicator of what the industry will look like in the next year. Let’s hope that’s true for 2011.
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MGM, Asian Coast Show Support for Vietnam Project
Development of the first phase of Vietnam’s $4-billion-plus Ho Tram Strip has finally begun. A visit to the site by the heads of the companies involved—MGM Resorts International, MGM Hospitality and Asian Coast Development—may have helped ease fears that things were not going so well with the funding. Lloyd Nathan, CEO of Asian Coast Development (Canada) Ltd., welcomes James Murren, Chairman and CEO of MGM Resorts International, and Gamal Aziz, CEO of MGM Hospitality.
Harrah’s Now Caesars
Despite the failure of a planned IPO, Harrah’s Entertainment has changed its name and will entertain offers for John Paulson’s piece of the company. Gary Loveman (l.), Caesars CEO, says the name change will open up opportunities for the company.
Debate Builds over Catskills Deal
New York Governor David Paterson (l.) has cut a land-swap deal that will let a Wisconsin tribe build a casino resort in the Catskills. But the impact on racing and racinos is questioned in many quarters.
Senator Feinstein Works with BIA on Off Reservation Gaming
Senator Dianne Feinstein (l.), long a foe of gaming tribes seeking to locate casino operations far from their reservations, is working with the Bureau of Indian Affairs to craft legislation that would hamper the practice.
Cleveland Gets First Peek At New Casino
Video shows “the spirit of the project,” if not the final picture. The $600 million gambling complex, one of four approved by Ohio voters, will feature a contemporary look with upscale shops and restaurants, outdoor plazas and parking for 5,000.
County Approval for Ireland’s First Large Casino Resort
While Ireland awaits publication of the government commission’s suggestions on new gaming legislation, one county has given approval to a developer’s ambitious plans, which include a casino.
Study Accuses Crown Australia of Negligence, Violations
A new university study has Crown of Australia dodging allegations of all kinds of wrongdoing when it comes to handling problem guests at its flagship Melbourne casino. But are the undocumented stories of a mix of former and current employees reliable enough to be called research?