LV Sands Consider Sale of Marina Bay Sands

During the quarterly earnings call, Las Vegas Sands Chairman and CEO Sheldon Adelson said his company is considering the sale of Singapore’s Marina Bay Sands, as the period preventing...

Published April 25, 2016

AGA Conference Targets Illegal Sports Betting

The American Gaming Association hosted a conference calling attention to the $100 billion wagered illegally in the United States every year. Many sports and gaming experts, including Rick Parry...

Published April 25, 2016

Receivers: Izmirlian Must Follow Court Process

The court-appointed receivers of the Baha Mar resort project (l.) say they cannot legally consider founder Sarkis Izmirlian’s latest offer to repurchase the project. At the same time the...

Published April 25, 2016

Stevens Brothers Buy More Downtown

The D Las Vegas owners Derek and Greg Stevens bought three iconic properties in downtown Las Vegas, the Glitter Gulch strip club and Mermaids and La Bayou casino bars,...

Published April 25, 2016

FANTINI’S FINANCE: Good Old Days in Vegas

Looks like the recession is over in Vegas. Activity has picked up significantly, with good earnings reports, IPOs, new non-gaming developments and even property sales. Is this just a...

Published April 25, 2016

GLOBAL GAMING BUSINESS PODCAST: John Acres, CEO and Founder, Acres 4.0

This week, a special video GGB Podcast features an interview with John Acres, the founder and CEO of Acres 4.0, on his views on player tracking and the entire...

Published April 25, 2016

WEEKLY FEATURE: Landing Buys into London

Hong Kong-listed Landing International Development Ltd. is seeking shareholder approval to complete its purchase of Les Ambassadeurs Club (l.), an exclusive London casino. In December, the company made a...

Published April 18, 2016

MGM Growth IPO Eyes $1.2 Billion

MGM Resorts International will retain majority control of shares and shareholder voting power in its real estate investment trust’s initial public offering, which MGM began marketing this month and...

Published April 18, 2016

Online Poker Bills Slowed in New York and California

Efforts to pass online poker bills in both New York and California seem to have hit another snag and it’s unlikely the bills will pass anytime soon. In New...

Published April 18, 2016

Izmirlian Makes New Bid for Baha Mar

Baha Mar founder Sarkis Izmirlian is making a new bid to China’s state-owned Export-Import Bank (Exim) to reclaim ownership of the stalled mega-resort. But will his offer be taken...

Published April 18, 2016

AGA to Host First-Ever Law Enforcement Summit

At the one-year anniversary of the “Stop Illegal Gambling” Initiative the AGA will gather law enforcement executives in June to fight illegal gambling. In addition, the AGA is launching...

Published April 18, 2016

Oversupply on Cotai

The pending openings of three more casino resorts on Macau’s Cotai Strip this year, including Sands China’s Parisian Macao (l.), will lead to oversupply and cannibalization of existing business,...

Published April 18, 2016

South Bend Gives Casino Go-Ahead

The Pokagon Band of Potawatomi Indians' proposed $400 million casino and tribal village was unanimously approved by the South Bend, Indiana Common Council, following the approval of the mayor,...

Published April 18, 2016

FANTINI’S FINANCE: Comeback or Comedown?

Regional casinos and Las Vegas integrated resorts are making a nice recovery in the past couple of years, but when can we expect the Macau casinos to turn around,...

Published April 18, 2016

GLOBAL GAMING BUSINESS PODCAST: Ray Pineault, President and General Manager, Mohegan Sun

This week, the GGB Podcast joins Ray Pineault, the president and general manager of Mohegan Sun, to talk about the new Sightline Play+ system that has been a hit...

Published April 18, 2016

WEEKLY FEATURE: On The Brink

Atlantic City staved off shutting down non-essential services last week, but still faces a financial crisis that could shut the city down by May. Meanwhile, in an atmosphere of...

Published April 11, 2016

Mashpee Wampanoag Tribe Turns Earth for $1 Billion Casino

Last week the Mashpee Wampanoag Tribe of Massachusetts held a groundbreaking for its $1 billion Taunton casino, the First Light Resort & Casino. Five hundred tribal members, city and...

Published April 11, 2016

AGA: IRS Backs Off Slot Jackpot Limit, Lambasts Pennsylvania Free-Play Tax

The American Gaming Association last week said that the Internal Revenue Service is backing away from a plan to lower the slot jackpot reporting threshold from $1,200 to $600....

Published April 11, 2016

Daily Fantasy Sports Ruled Illegal in Alabama and Tennessee

Add Alabama to the list of states where an attorney general has ruled that daily fantasy sports are illegal under the state’s laws. DraftKings and FanDuel have been sent...

Published April 11, 2016

Beijing: No Chinese Link to Philippines Money-Laundering

The Beijing government has rejected suggestions that Chinese nationals were involved in the theft of $81 million in funds stolen from the Bangladesh Bank and funneled through casinos in...

Published April 11, 2016