by Staff
Fri, Mar 11, 2011
With a mid-May opening for Galaxy Entertainment’s new Cotai project, Galaxy Macau, the speculation on what impact it will have on the company and the Macau market has begun. But Galaxy co-chairmen, Francis Lui and his father, Lui Che-woo, are likely to have a huge success on their hands.
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by Staff
Fri, Mar 11, 2011
One of the oldest casinos on the Las Vegas Strip, the Sahara, will close down on May 16, a victim of the recession and its inability to update the property. Owners are evaluating options for the property. And while the Riviera has new owners, its outlook isn’t much brighter.
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by Staff
Fri, Mar 11, 2011
The bitter battle between Stanley Ho (at left with fourth wife Angela Leong, not a party to the feud) and members of his family has been settled, but no details have been announced. The feud had impact not only SJM, Ho’s casino company, but also MGM Macau, the company half-owned by daughter Pansy Ho.
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by Staff
Fri, Mar 11, 2011
Two of the former Station Casinos properties were moved last week, proving once again that Frank and Lorenzo Fertitta played the bankruptcy courts like a violin. Not only are they still in charge of most of the casinos that once made up their company, but also they wind up with full ownership of one of its gems, Green Valley Ranch (l.).
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by Staff
Fri, Mar 11, 2011
Recent consultations with tribes across the country have resulted in a report that foreshadows a dramatic reduction in the scope and power of the National Indian Gaming Commission, as led by its chairwoman, Tracie Stevens (l.).
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by Staff
Fri, Mar 11, 2011
The older Centurion Tower at Caesars Palace will be converted into a Nobu Hotel, the first of its kind in the world, and include restaurant of the same name. At left, Nobu partners Robert DeNiro and Nobu Matsuhisa are welcomed by Caesars Entertainment Western Division President Tom Jenkin. The company will also consider its first Asian operations, non-gaming hotels. And it’ll cost more than expected to add hotel rooms, retail space, and a Ferris wheel to two unfinished Las Vegas Strip projects.
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by Staff
Sat, Mar 12, 2011
Hundreds of customers of Bally Technologies’ system division made the eighth Systems User Conference held at the Pechanga resort in California the most successful ever.
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by Staff
Fri, Mar 11, 2011
Now that New Jersey’s bill to legalize intrastate online gaming is on hold after a gubernatorial veto, Nevada has gotten into the act with its own version, one backed by PokerStars, one of the online gaming websites that continue to take bets from the U.S., even after the passage of UIGEA.
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by Staff
Fri, Mar 11, 2011
While things are looking better across the gaming world, a deeper look reveals that problems still remain and some new issues that may detour any recovery loom ahead.
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