Vol. 7 • No. 16 • May 4, 2009 - Print This Issue
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Vol. 7 • No. 16 • May 4, 2009, Featured Articles, FANTINI'S FINANCE
FANTINI’S FINANCE: Regional Rescue
Non-Las Vegas or Atlantic City casinos have proven to be most resilient during this economic downturn, and we can still fall back on them.
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More Featured Articles
WEEKLY FEATURE: Tropicana Bankruptcy Sale Approved In A.C.
The landmark casino has operated without an owner since December 2007. With a would-be buyer in place and a bidding floor of $200 million, it's time to go to court.
Melco Crown Re-Brands First Macau Casino
With the City of Dreams opening in a few weeks, Melco Crown (l.) has changed the name of Crown Macau to Altira Macau, launching a new brand and issuing another public offering.
Casinos Austria In Possible U.K. Project
The city that once eagerly awaited a “super-casino” is now evaluating other ways to experience an economic rebirth. A meeting between city officials and a director of Apollo Casino Resorts point to the inclusion of at least a gaming venue, if not a super-sized one.
NIGA Calls For Hogen To Step Down
Indian gaming association reportedly tired of confrontations with National Indian Gaming Commission Chairman Phil Hogen, a Bush appointee.
Layoffs Begin At Fontainebleau, While Lawsuit Could Get Interesting
The lawsuit filed by Fontainebleau Las Vegas against lenders it says are contractually obligated to provide financing for construction of a $3 billion Las Vegas resort could hinge on whether the economic downturn constitutes a “material adverse change.” All this in the backdrop of layoffs.
California Explores Legal Online Poker
Lawmakers in California are looking at legislation that would make the state the first in the U.S. to legalize online poker.
Split Decision On IGT/Bally Lawsuit
A judge has dismissed certain patent infringement claims but validated others in a lawsuit filed by slot manufacturer International Game Technology against rival Bally Technologies.
Canadian Gaming Summit considers cross-border issues
The Canadian Gaming Summit, held last week at Caesars Windsor, brought together executives and exhibitors from across Canada and around the world, to obtain their annual recap on the gaming industry in the Great White North. After a welcome from Kelly MacDougald, the CEO of Ontario Lottery & Gaming, a panel of slot manufacturers (l.), sponsored by AGEM, kicked off the program.