Fri, Mar 27, 2009
As if MGM Mirage didn’t have enough problems, Dubai World, the company’s partner in the CityCenter development, filed suit against MGM last week and failed to make a required payment, which would have forced the project into bankruptcy had not MGM made the full payment instead.
Fri, Mar 27, 2009
Florida's House and Senate have rolled out dramatically different plans for the state's evolving gaming industry. House committee leader Rep. Bill Galvano (l.) says the Senate goes too far.
Sun, Mar 29, 2009
It’s no billion-dollar project, but the 60-room Royal Plaza Hotel (l.) in Gangtok, Sikkim has become the first operator to open a land-based casino in India.
Sun, Mar 29, 2009
Blaming the economy and a desire to deliver value to shareholder, SJM and STDM, two companies controlled by Macau casino magnate Stanley Ho, announced that plans to renovate the venerable Hotel Lisboa are on hold.
Sun, Mar 29, 2009
TJ Matthews (l.) has resigned as president and chief executive of leading slot manufacturer International Game Technology. Effective April 1, four-year IGT board member Patti S. Hart will take over as CEO.
Sun, Mar 29, 2009
England's Conservative party shadow gambling minister Tobias Ellwood (l.) has come out criticizing the Labour party for relaxed gambling law they say are responsible for creating 15,000 new gambling addicts.
Sun, Mar 29, 2009
Why gaming investors need to get back to basics when evaluating gaming companies.
Sun, Mar 29, 2009
Plaza Centers N.V. has announced the acquisition of an additional 27 percent stake in its Dream Island project in Budapest, Hungary.
Sun, Mar 29, 2009
This week, the Global Gaming Business Podcast presents an interview with Mike Nolan, the general manager of the El Cortez in Downtown Las Vegas, on what he and his team have done to revive what is now one of the most exciting hotels in that area.
Sun, Mar 29, 2009
Las Vegas Sands may buy back as much as $800 million in loans in order to help find backing for the $12 billion Macau Cotai Strip development.
Sun, Mar 29, 2009
The government of the Indian state of Goa has announced that it will appoint an official gaming commission.
Sun, Mar 29, 2009
Online operator PokerStars has opened its second live poker room in Macau. Located in the Grand Lisboa Casino, with 22 tables PokerStars Macau is the largest poker venue in town.
Sun, Mar 29, 2009
The mayor of San Juan has said that he will not allow gambling operations in the city despite pressure from those providing the games.
Sun, Mar 29, 2009
Monte Carlo SBM, the operator of Monaco’s leisure industry, has announced a new open-air slots and the reopening of the fully refurbished and redesigned Monte Carlo Beach Hotel.
Sun, Mar 29, 2009
Casino operator Ritzio International has announced the April opening of three new casinos of its Volcano group in Croatia.
Sun, Mar 29, 2009
The borough council of Great Yarmouth in the U.K. has announced a timetable for the selection process of the seaside resort’s new large casino project.
Sun, Mar 29, 2009
The Gala Coral group has obtained a 24-hour license for its casino in the Scottish city of Aberdeen.
Sun, Mar 29, 2009
Betfair CEO Andrew Twaits said he was outraged to learn his company is on a blacklist in Australia, where the company has been licensed to operate for three years.
Sun, Mar 29, 2009
Whether poker is a game of chance or a game is skill is an issue that a group of poker players who were prosecuted by Colorado for illegal gambling recently used to win acquittal.
Sun, Mar 29, 2009
Online gaming operators and interested investors should be taking up strategic positions and be ready to make the first moves in any merger and acquisition scenario.
Fri, Mar 27, 2009
A fire raged for 12 hours on March 20 at Empress Casino in Joliet, Illinois, destroying the gaming complex’s pavilion, restaurants and ballrooms. The area had been undergoing renovation prior to the fire.
Fri, Mar 27, 2009
Kansas billionaire Phil Ruffin is back in the casino business after stepping into the owner’s seat at Treasure Island March 20.
Sun, Mar 29, 2009
Nevada's senators, contacted banking institutions asking them to lend money to MGM, which needs $1.2 billion to finish CityCenter.
Sun, Mar 29, 2009
Harrah's Entertainment, struggling under a debt load in excess of $23 billion, recently said it might not be able to generate enough cash flow to continue operating, but is hopeful a refinancing plan will work.
Sun, Mar 29, 2009
Adding slots to racetracks and an initiative to build four metropolitan casinos are competing for attention in a state that has never supported gaming.
Sun, Mar 29, 2009
Station Casinos said it will not necessarily file for bankruptcy on April 15 if bondholders reject the prepackaged proposal the company has submitted.
Sun, Mar 29, 2009
Adding slot machines to racetracks is looking more and more like an attractive way to address the Granite State’s $500 million budget deficit.
Sun, Mar 29, 2009
Top executives of the three racetrack casinos in Delaware last week had one voice in opposition of a plan by Governor Jack Markell for a major expansion of gaming and gaming venues in the state.
Sun, Mar 29, 2009
Tropicana Entertainment is close to finalizing a deal that could have it emerge from bankruptcy protection by May and spin off the Las Vegas Tropicana into a separate company.
Sun, Mar 29, 2009
Magna Entertainment has started the process of examining assets for possible bankruptcy sale.
Sun, Mar 29, 2009
In response to news of financial strife at New York's Empire Resorts, the Sullivan County Partnership for Economic Development says it is riding to the rescue.
Sun, Mar 29, 2009
The United Auto Workers union has launched a multi-million-dollar ad campaign to address alleged unfair work practices at two Atlantic City casinos.
Sun, Mar 29, 2009
A new bill would strip Philadelphia from state casino benefits.
Sun, Mar 29, 2009
Officials with the Tri-State Racetrack and Gaming Center in West Virginia's Kanawha County said they will move forward with a $250 million expansion.
Sun, Mar 29, 2009
Republican lawmakers in Pennsylvania last week blasted what they say are wasteful expenditures by the state Gaming Control Board.
Sun, Mar 29, 2009
The dealers union and Wynn Las Vegas officials are struggling to compromise over a central tenet of the parties’ labor agreement.
Sun, Mar 29, 2009
The city of Detroit wants to negotiate a new development and operating agreement with any new owner of Greektown Casino.
Sun, Mar 29, 2009
Connecticut legislators have thrown down the gauntlet before the state's tribal casinos with a bill to force a smoking ban by 2011.
Sun, Mar 29, 2009
The Navajo Nation is looking at three potential sites for its first permanent casino, one in New Mexico and two in Arizona.
Sun, Mar 29, 2009
The CEO of the Mohegan Sun last week tried to stir interest in a casino in the western part of the state with a Massachusetts-based business group.
Sun, Mar 29, 2009
The U.S. Supreme Court’s ruling in Carcieri vs. Salazar, which concerned a tribe in Rhode Island, may have stopped a casino in California that had looked like a sure thing.
Sun, Mar 29, 2009
Galaxy Entertainment Group has appointed Michael Mecca to the president and chief operating officer post.
Sun, Mar 29, 2009
Slot supplier Multimedia Games announced that Randi Ingram has been named director of sales.
Sun, Mar 29, 2009
Progressive Gaming International Corporation, once a leading supplier of systems, signage and specialty table games, has filed for Chapter 7 bankruptcy.
Sun, Mar 29, 2009
Slot manufacturer International Game Technology announced the completion of its first installation of “sbX Tier One,” a limited-scale server-based slot system, at the Ameristar casino in St. Charles, Missouri.
Sun, Mar 29, 2009
Slot manufacturer WMS Gaming has signed an agreement with India-Based HCL Technologies, a leading information technology services provider, to partner on a new customer relationship management system for casino operators.
Sun, Mar 29, 2009
PokerTek, Inc. announced that its popular PokerPro automated poker table has received final approval from the Nevada Gaming Commission.
Sun, Mar 29, 2009
TableMax Gaming, a leading supplier of electronic table games, announced that it has installed its Progressive Blackjack system at Spotlight 29 Casino in California.
Sun, Mar 29, 2009
Nevada’s coffers may be filled with revenue from the world’s oldest profession if state Senator Bob Coffin has his way.
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