Florida Gearing Up For Gambling Talks—Again

In the next Florida legislative session expanded gambling will be addressed with more intensity, as the state could lose $116 million annually if the Seminole compact expires in July....

Published December 1, 2014

San Diego Tribe Sued by California Over Online Bingo Site

The state of California has sued the Iipay Nation of Santa Ysabel, based in San Diego County to make it stop offering online Class II gaming, i.e. online bingo....

Published December 1, 2014

America’s Largest Indian Casinos Get New Management

By the beginning of next year the two largest Indian casinos, Foxwoods and the Mohegan Sun, will be operating under new CEOs. One CEO has already been installed; Felix...

Published December 1, 2014

FANTINI’S FINANCE: Revenue Rebound?

For the first time in several years, there is hope that the Great Recession is over for U.S. casinos. National gaming revenues grew in October and regional growth continued...

Published December 1, 2014

GGB PODCAST: Tom Wucherer, CEO and Roberto Coppola, Global Director of Market Research, YWS Design & Architecture

This week the GGB Podcast features a discussion with Tom Wucherer, CEO and Roberto Coppola, global director of market research for YWS Design & Architecture on the company’s unique...

Published December 1, 2014

WEEKLY FEATURE: Reef Casino Sinking

A multibillion-dollar megaresort with a casino near Australia’s Great Barrier Reef is in jeopardy following a delay in regulatory approvals for the development group’s purchase of the Reef Hotel...

Published December 1, 2014

Icahn Lends Atlantic City’s Taj Mahal $5 Million

In the latest twist in the continuing bankruptcy saga of Atlantic City’s Taj Mahal casino, investor Carl Icahn (l.) has agreed to lend Trump Entertainment—the casino’s owner—$5 million to...

Published December 1, 2014

New York: Casinos By Christmas

New York State’s Gaming Facility Location Board may take until mid-December to announce where new upstate casinos will be built. A fourth and final meeting of the panel has...

Published December 1, 2014

Scientific Games and Bally Complete Merger

After shareholder approval and completion of regulatory and financing requirements, Scientific Games completed the acquisition of Bally Technologies. CEO President and CEO Gavin Isaacs (l.) announced the execs slated...

Published November 24, 2014

Unusual Activity Surrounds Adelson Gambling Bill

Sheldon Adelson’s Restoration of America’s Wire Act—which would ban online gambling in the U.S.—will not be heard during the lame duck session of Congress, according to reports. Meanwhile, former...

Published November 24, 2014

FANTINI’S FINANCE: Evolving Business Models

The changes in the gaming industry keep accelerating on both the operator and vendor sides. Whether it’s the convergence between lotteries and slot companies or the rapid move to...

Published November 24, 2014

GLOBAL GAMING BUSINESS PODCAST: Kelcey Allison, Chief Operating Officer, Aruze Gaming Americas

This week, the GGB Podcast sits down with Kelcey Allison, the chief operating officer for Aruze Gaming Americas, on his company’s remarkable market share and innovative products that have...

Published November 24, 2014

Caesars to Split, Create REITs

Caesars Entertainment is proposing to split its largest operating unit into two entities, with all properties owned by a real-estate investment trust. The only question now is how will...

Published November 24, 2014

Feds Ramp Up Attacks on Gaming

A report in the Wall Street Journal last week indicated that the federal government is targeting Wynn Resorts in a money-laundering probe. The government had previously charged Las Vegas...

Published November 24, 2014

Macau’s November Not Looking Good

Macau continues to reel from political and economic headwinds out of China, and analysts see no let-up on the horizon for at least several months. Their forecasts for November...

Published November 24, 2014

Taj Mahal Offers to Restore Workers’ Benefits; Stay Open

Officials at Atlantic City’s Taj Mahal have offered to restore the health benefits that a court stripped away when it nullified a union contract if the union drops the...

Published November 24, 2014

Disturbing Limits Proposed in Massachusetts

Massachusetts has weathered an initiative to try to outlaw casino gaming, and has successfully licensed two casino resorts and one slots parlor. Now the state is considering casino regulations,...

Published November 24, 2014

WEEKLY FEATURE: Caesars Reaches Bankruptcy Deal

Caesars Entertainment has reportedly reached an agreement with key senior bondholders on restructuring of the majority of the company’s $24.2 billion in debt. Sources say that a prearranged bankruptcy...

Published November 17, 2014

Second Philly License to Be Awarded

The Pennsylvania Gaming Control Board announced that the second casino license for the city of Philadelphia will be awarded at a public meeting on November 18, but officials with...

Published November 17, 2014

Ultimate Gaming Shuts Down

The first company to launch legal online gaming in the U.S. went belly up last week when Ultimate Gaming closed its doors in Nevada. The company had already pulled...

Published November 17, 2014