Vol. 9 • No. 11 • March 21, 2011 - Print This Issue
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Vol. 9 • No. 11 • March 21, 2011, Featured Articles, GLOBAL GAMING BUSINESS PODCASTS
GLOBAL GAMING BUSINESS PODCAST: Gary Loveman, Chairman and CEO, Caesars Entertainment
This week the Global Gaming Business Podcast features an interview with Gary Loveman, the chairman and CEO of Caesars Entertainment on how the company has emerged from a difficult economic period and where it is headed in the future.
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Gary Loveman has been with Caesars Entertainment for almost 15 years now, the last 12 as CEO. His vision and foresight were immediately apparent when he joined the company, but no one could have foreseen the difficult economy that the industry has endured over the last three years. After a rough period, Caesars—recently renamed from Harrah’s—is still expanding and in an enviable position should the economy roar back anytime soon. In addition to the U.S., Loveman is looking to expand into Asia, which will put the Caesars brand in the hottest gaming market in the world for the past few years. And on the most controversial topic of all, online gaming, Loveman says Caesars is poised to push for legalization at the federal level so the government can get some benefits from the activity, which is already being conducted illegally. Loveman spoke with Global Gaming Business Publisher Roger Gros at his Caesars Palace offices in February.
More Featured Articles
WEEKLY FEATURE: Aspers Takes U.K. Olympic Gold
Aspers Group has won the large casino license granted the London Borough of Newham. The choice of Aspers puts the casino in the heart of ongoing 2012 Olympics construction and on-track to open for the big event. But the losing bidders may decide to continue the contest in court.
Republican Introduces Online Gaming Bill
California Congressman John Campbell (l.) files a bill identical to the one passed last year by the House Financial Services Committee. Experts say it will be difficult to pass again, now that Republicans are in charge.
NIGA DEBATE: Ivan Makil, Former President, Salt River Pima-Maricopa Indian Community
This week, GGB News presents the views of the two candidates for the chairman of the National Indian Gaming Association. Ivan Makil is the challenger for the post of chairman of NIGA. A former tribal leader in Arizona, Makil has a long history of leadership and innovation in Indian Country, and is a partner in an innovative company that provides services to tribal governments.
NIGA DEBATE: Ernie Stevens, Chairman, National Indian Gaming Association
This week, GGB News presents the views of the two candidates for the chairman of the National Indian Gaming Association. Ernie Stevens has been leading NIGA as its chairman for 10 years. He has been on the front lines of many battles in Congress and has achieved many goals. He wants to continue progress for tribal government gaming.
LV Sands Loses Court Rulings in Jacobs Case; FBI Joins In
The increasingly bitter battle between Las Vegas Sands and former Sands China President Steve Jacobs (l.) took a turn in his favor last week when a Las Vegas court rejected two LV Sands’ motions and the FBI joined the list of investigating organizations. Jacobs is also suing Sheldon Adelson for defamation.
Kansas House May Require Casino Challenge
Kansas may join Illinois as the most dysfunctional of the Midwest gaming states as the state House may torpedo a contract issued to build a long-delayed state-owned casino. House Speaker Mike O’Neal (l.) wants the Peninsula Gaming contract for a casino in Mulvane voided.
Mexican Authorities Seek Slots Crackdown
The expansion of gaming in Mexico in recent years is still waiting for its counterpoint on the legislative side of the equation. At both the local and national government levels, a push-back of sorts is beginning to take shape.
Illinois May Repeal Slots Law
What was once considered a big payday for the state and slot manufacturers may go away if Illinois Senate President John Cullerton (l.) is able to pass a bill repealing the law.
Florida Internet Bill OK’d by Committee
A Florida Senate committee released a bill, sponsored by Senator Miguel Diaz de la Portilla (l.), which would legalize online poker in the state, with the state’s parimutuels being the center of the action. It also bans offshore operators still taking bets from U.S. players from operating in the state.