U.S.-China Ceasefire Helps Casinos

Wynn Resorts was one of the big winners as trade war tensions eased between the governments of China and the United States. Other U.S. casino companies that operate in...

Published December 10, 2018

Off-Track Betting May Return To Virginia With Colonial Downs Revival

Off-track betting parlors with historical racing machines will be opening in Virginia within the next few years. First on the list is an OTB in Vinton, which has been...

Published December 10, 2018

New Wynn Chairman Will Plead Their Case

Recently named Wynn Resorts Chairman Phil Satre (l.) will be arguing that with a new board and executives the gaming giant is a different company from that created by...

Published December 10, 2018

First Federal Sports-Betting Bill Surfaces

A draft of a new federal sports betting bill would require states to obtain approval from the U.S. attorney general’s office of plans to legalize sports betting, and mandate...

Published December 10, 2018

Ruffin Purchases Casino Miami

Kansas-born billionaire Phil Ruffin (l.), owner of Treasure Island in Las Vegas, purchased Casino Miami for an undisclosed price. It offers 1,012 slots and electronic table games and sits...

Published December 10, 2018

GLOBAL GAMING BUSINESS PODCAST: Tim Richards, Senior Vice President, Payment Innovations, Everi

This week, the GGB Podcast features a discussion with Tim Richards, the senior vice president of payment innovations for Everi about how payment processing has progressed—and stagnated—in today’s casino...

Published December 3, 2018

Angel Buys GPI

Japan’s Angel Holdings, a supplier of playing cards, will acquire Las Vegas-based table-game supplier Gaming Partners International Corporation. Angel will pay almost $110 million for GPI and will create...

Published December 3, 2018

Hard Rock names Mark Birtha to Head Northern California Venture

Mark Birtha has been named president of the Hard Rock Hotel & Casino Sacramento at Fire Mountain in Northern California. He will oversee the casino’s construction aiming at opening...

Published December 3, 2018

Eldorado Resorts Signs Online Gambling Deal With Stars Group

Eldorado Resorts has entered into a 20-year agreement with the Stars Group for online gaming. Eldorado will provide Stars Group with options to access to Eldorado’s online sports wagering...

Published December 3, 2018

Sagi Sells Playtech Stake

Playtech’s Teddy Sagi (l.) has sold his stake in the gambling software company he founded 19 years ago for about $87 million. Sagi’s Brickington Trading has sold about 15.2...

Published December 3, 2018

Tesuque Casino Opens Next to Santa Fe Opera House

The Pueblo of Tesuque in New Mexico last week opened the Tesuque Casino next to the Santa Fe Opera House. The casino has 800 slots and ten tables. It...

Published December 3, 2018

Rhode Island Opens First New England Sports Book

For now, Rhode Island has the only sports book operating in New England. Sportsbook Rhode Island in at Twin River Casino in Lincoln took the first wagers on the...

Published December 3, 2018

Osaka Wins World Expo

Winning the 2025 World Expo could boost Osaka’s chances to host one of Japan’s first three integrated resorts, says brokerage Nomura. The city defeated three other challengers and will...

Published December 3, 2018

Former Centaur Officials Buy Gary Riverboats

Former Centaur Gaming executives Rod Ratcliff and John Keeler formed Spectacle Entertainment to purchase Majestic Star Casino I and II (l.) in Gary, Indiana. Spectacle hopes to relocate one...

Published December 3, 2018

WEEKLY FEATURE: Concern Grows Over Macau’s Concession Process

Looking for details about the rebidding process for Macau’s gaming concessions? Get in line. With the first licenses set to expire in 2020, some in and out of the...

Published December 3, 2018

U.S. Sports Betting Moves Forward

Caesars Entertainment and MGM Resorts International have become the founding members of the Sports Wagering Integrity Monitoring Association, the first such group in the U.S., with former New Jersey...

Published December 3, 2018

GLOBAL GAMING BUSINESS PODCAST: Don DeMarinis, Senior Vice President, Sales, Agilysys

This week, the GGB Podcast sits down with Don DeMarinis, the senior vice president of sales for technology provider Agilysys about how his company is ramping up the analytics...

Published November 26, 2018

FANTINI’S FINANCE: Is It Time To Panic?

A market sell-off makes everybody nervous, but think about Warren Buffett at times like these. Bad times aren’t so bad for good companies and may represent bargains in gaming...

Published November 26, 2018

No Recount Needed

Despite warnings prior to the November elections, the Florida Gambling Amendment that gives voters control over expanded gaming, it does not cover sports betting. Sports betting expert Dan Wallach...

Published November 26, 2018

Trump Honors Miriam Adelson

President Donald Trump has recognized Miriam Adelson with the Presidential Medal of Freedom. Miriam Adelson is a doctor, philanthropist and wife of Sheldon Adelson, Chairman and CEO of Las...

Published November 26, 2018