Vol. 9 • No. 47 • December 5, 2011, Featured Articles, GLOBAL GAMING BUSINESS PODCASTS
GLOBAL GAMING BUSINESS PODCAST: Rick Santoro, Managing Member, Interbrief.Org LLC
This week the Global Gaming Business Podcast features a discussion with Rick Santoro, the managing member of Interbrief.Org LLC. A former security director for Steve Wynn and Donald Trump, Santoro discusses his new consulting company and the need for vigilance in the gaming industry.
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The security department in a casino is usually stretched to the maximum these days. With cost-cutting a reality in most casino companies, the non-revenue producing departments are targeted. Rick Santoro has a long history in the security field in the casino industry, serving as a director in companies controlled by Steve Wynn and Donald Trump. His new company, Interbrief.Org, provides consulting services to the gaming industry that reflect his experience at almost every level of the casino business. Santoro believes the gaming industry is woefully lacking in its approach to security and how important it is in the overall scheme of things. He spoke with Global Gaming Business Publisher Roger Gros at Global Gaming Expo in October in Las Vegas.
More Featured Articles
WEEKLY FEATURE: Twice Is Nice
It has been a busy year for Melco Crown Entertainment Limited and Co-Chairman Lawrence Ho (l.). The company that will complete the Macau Studio City project is set to begin trading on the Hong Kong stock exchange alongside its NASDAQ listing. Meanwhile, Melco Crown’s two biggest shareholders have converted their initial loans into more equity.
China Opens the Spigot
After an October record, gross gaming revenue in Macau increased again, but at the slowest pace for the entire year. Meanwhile, the Chinese government cut the reserve ratio, a move that will loosen credit and benefit the SAR casinos. And the Macau government clarifies its growth strategies for gaming.
Kentucky: Try, Try Again
Newly re-elected Governor Steve Beshear (l.) will once again try to get casino gaming legalized in his state, citing the competition from all the surrounding states and the need to protect the state’s coveted horse industry.
Nevada Accepting Online Applications
The Nevada Gaming Control Board has begun accepting applications to operate and/or supply the online poker market. Five companies have submitted applications, which will be considered after the board issues its regulations next month.
Cherokees, Perdue Reach Table Games Accord
Live dealers at table games will be allowed at Harrah's Cherokee Casino in North Carolina, according to a new 30-year compact reached with Governor Bev Perdue. In return, school districts in the state will receive a portion of revenues from the new games.
Kerzner Turns Over Atlantis Bahamas
Kerzner International will relinquish control over the Atlantis (l.) in the Bahamas to reduce debt. The deal, which gives Kerzner’s flagship island resort to Brookfield Asset Management of Toronto, includes forgiveness of $175 million in debt.
Fading Frank
Barney Frank (l.), the Democrat Congressman from Massachusetts, announced his retirement from the House last week. What will it mean to online gaming, which has counted on Frank to be its champion in Congress.
Bernhard To Lead UNLV International Gaming Institute
Internationally recognized gaming researcher Bo Bernhard has been named executive director of the International Gaming Institute at the University of Nevada-Las Vegas Harrah Hotel College. He has lectured on six continents and delivered more than 200 keynote addresses to international regulatory, government and policy leaders.