Connecticut Legislature Torn on Casino Bills

It is now a very iffy proposition whether Connecticut’s gaming tribes, the Pequots and the Mohegans, will get the backing of the legislature for their plan to build a...

Published April 3, 2017

FANTINI’S FINANCE: Too Far Too Fast

The meteoric rise in the stock market since the U.S. election has not ignored gaming stocks. From manufacturers to major gaming operators to regional operators, process have climbed steadily....

Published April 3, 2017

GLOBAL GAMING BUSINESS PODCAST: Roger Snow, Senior Vice President of Tables and Shufflers, Scientific Games

This week, the GGB Podcast features a discussion with Roger Snow, the senior vice president of tables and shufflers for Scientific Games, on the current state of technology and...

Published April 3, 2017

WEEKLY FEATURE: Young Bermuda Industry Under Fire

The island nation doesn’t have a single resort casino yet, but already its Gaming Commission is getting hammered by lawmakers for not doing its job. The criticism has prompted...

Published March 27, 2017

Razon: Duterte’s China Policy Paying Off

Warmer relations between China and the Philippines will help the casino sector, says Bloomberry Resorts Chairman and CEO Enrique Razon. In 2016, Philippine President Rodrigo Duterte (l.) visited the...

Published March 27, 2017

Pennsylvania Revenues Drop as Expansion Considered

A continuing drop in Pennsylvania casino revenues comes as lawmakers continue to debate expansion with iGaming and other aspects. Bills in each chamber of the legislature are different, however,...

Published March 27, 2017

Senecas Halt Payments to New York

Even though its compact doesn’t expire until 2023, the Seneca Nation last week said it would halt payments that it has made to New York state for the last...

Published March 27, 2017

MGM to Build Dubai Resort

MGM International Resorts has won the right to build a 2 million square foot luxury resort along Dubai’s most luxurious beach, the Jumeirah Beach. The resort will be built...

Published March 27, 2017

North Dakota Kills Casino Bill

Despite adding amendments, the resolution by North Dakota state Rep. Al Carlson (l.) to allow six casinos was rejected for a second time by the House Judiciary Committee. Carlson...

Published March 27, 2017

Baha Mar Still Not Licensed

With less than a month to go before its scheduled grand opening, a gaming license still has not been granted to Sky Warrior (Bahamas) is the subsidiary of Chow...

Published March 27, 2017

Crunching Numbers

A new accounting standard issued by the Financial Accounting Standards Board will affect financial reporting of casino operators. It won’t be easy, but here’s what savvy operators should be...

Published March 27, 2017

FANTINI’S FINANCE: Caesars Getting Closer

As Caesars Entertainment takes more strides to emerge from bankruptcy as an operating company and a REIT, analysts are starting to take notice. And many of those same analysts...

Published March 27, 2017

GLOBAL GAMING BUSINESS PODCAST: Derek Webb, Inventor, 3-Card Poker

This week, the GGB Podcast visits with Derek Webb, the inventor of the table game, 3-Card Poker, which has become the most popular new table game in the history...

Published March 27, 2017

WEEKLY FEATURE: New Mexico Compact Dispute Sucks In Slot Makers

The Pojoaque Pueblo has shut down 30 leased slot machines at its Buffalo Thunder casino (l.) after New Mexico Governor Susana Martinez threatened to invalidate the licenses of the...

Published March 20, 2017

Paradise City Opening April 20

South Korea’s first integrated resort, Paradise City (l.) near the Incheon International Airport, is scheduled to open April 20 according to Paradise Co. and Japan’s Sega Sammy.

Published March 20, 2017

AGA Estimates $10 Billion in Illegal Bets on March Madness

The American Gaming Association estimates that $10.4 billion will be wagered on the NCAA basketball tournament, with only 3 percent of those wagers made legally. The announcement is just...

Published March 20, 2017

Online Gambling Progresses In Michigan

Sponsored by Michigan state Senator Mike Kowall (l.), S203, which would allow online gambling, passed out of committee and will go before the full Senate. The bill would allow...

Published March 20, 2017

Ladbrokes Boss: FOBT Limits Will Spell Disaster

Jim Mullen, chief executive of the bookmaking giant warns that thousands of betting shops will close and thousands of jobs will be lost if the UK government follows through...

Published March 20, 2017

Lam Cleared in Philippines Bribery Scandal

Macau casino and junket operator Jack Lam (l.) appeared to be in hot water with Philippines President Rodrigo Duterte. But a Philippines Senate panel has absolved him of guilt...

Published March 20, 2017

Washington’s ilani Casino to Open Soon

The opening of Washington’s ilani Casino Resort near La Center. The $500 million casino is expected to attract about 4.5 million people a year to its 2,500 slot, 75...

Published March 20, 2017