Queensland Competition Heats Up

Proposals for multibillion-dollar resort casinos on Australia’s Great Barrier Reef are causing supporters and opponents to get hot and bothered. With new casino licenses up for bid, Queensland will...

Published May 26, 2014

Last Gasp for Illinois Gaming Expansion

With less than two weeks remaining in the Illinois legislative session, state Rep. Bob Rita (l.) has asked his colleagues to support his expanded gambling proposals, both calling for...

Published May 26, 2014

FANTINI’S FINANCE: The Damage Done

Atlantic City’s woes may not be over as more competition is slated to open within the next several years. Experts believe more casinos need to close before the market...

Published May 26, 2014

GLOBAL GAMING BUSINESS PODCAST: Dermot Smurfit, Chief Executive Officer, Game Account Network

This week, the GGB Podcast brings in Dermot Smurfit, the CEO of the innovative online gaming company, Game Account Network, on how he grew his organization without catering to...

Published May 26, 2014

FANTINI’S FINANCE: Falling Back to Earth

The run-up of gaming stocks enjoyed over the last year is over. Even though the stock market continues to prosper, gaming stocks have taken a hit. What happened?

Published May 19, 2014

GLOBAL GAMING BUSINESS PODCAST: Charles Harper, Director of Business Development, IGT’s DoubleDown Interactive

This week the GGB Podcast features a discussion with Charles Harper, the director of business development for DoubleDown Interactive, on how the company has become accretive to its owner...

Published May 19, 2014

WEEKLY FEATURE: Macau’s Credit Card Headache

More bad news for jittery Macau investors. The latest is that local authorities have given the casinos until July 1 to oust illegal hand-held card-swipe devices from their properties....

Published May 19, 2014

Haddrill Reappointed Bally CEO

Two years after yielding the CEO role to Ramesh Srinivasan, board Chairman Richard Haddrill returns to the top post at the gaming supplier. Srinivasan will exit the company after...

Published May 19, 2014

Penn REIT to Buy Meadows

Gaming & Leisure Properties, the REIT spinoff created last year by Penn National Gaming, will acquire the Meadows racetrack casino south of Pittsburgh for $465 million.

Published May 19, 2014

Time Running Out on Gaming in Japan

With only five weeks to go in the current legislative session, supporters are hedging their bets and say the legalization of casinos in Japan may not happen this year....

Published May 19, 2014

Tribal Unity Makes Online Poker Likely in California

A once contentious debate among the various California tribes has long worked against any agreement to legalize online gaming. This year, most of the tribes are united in requesting...

Published May 19, 2014

UK Introduces New Gambling Protections

An update of the United Kingdom’s 2005 Gambling Act aims to protect gamblers without hurting the country’s gambling market. The report partly focused on high-stakes, fixed odds betting terminals—largely...

Published May 19, 2014

WEEKLY FEATURE: Analysts Say Japan Moving Forward

Despite some unsettling reports to the contrary, investment brokers Union Gaming Research Macau maintain that all is fundamentally well in Japan with the process of legalizing casinos. The firm...

Published May 12, 2014

Caesars to Restructure Debt

Caesars Entertainment has restructured its debt through a tender offer that creates new notes, a move that will avoid $1 billion in interest payments. During an investors’ call, CEO...

Published May 12, 2014

Gaming Legend Burton Cohen Passes

MGM Resorts board member and gaming legend Burton Cohen passed away last week at the age of 90. Cohen played a role in the development of Las Vegas in...

Published May 12, 2014

Macau Casino Stocks Take Hit From Junket Operator, Credit Card Issues

Credit Suisse says the disappearance of a Macau junket operative with something like $1 billion may signal a good time for investors to hold off buying more Macau casino...

Published May 12, 2014

Genting Berhad Works Toward Approval For Mega-Resort in Las Vegas

Nevada gaming officials are expected to review a finding of suitability May 22 for Genting Berhad’s planned mega-resort. Company officials met with the gaming board last week to explain...

Published May 12, 2014

Pennsylvania, New York Examine Online Gaming

Two states are getting more serious about online gaming. Members of the Democratic party in Pennsylvania heard about the pros and cons, mainly pros, of legalizing online gaming. And...

Published May 12, 2014

Bally Signs System Wide Deal with Golden Nugget

Bally Technologies will provide systems solutions to all Golden Nugget properties throughout the U.S., connecting to nearly 6,400 slots and table games. The deal includes systems and all Bally...

Published May 12, 2014

GLOBAL GAMING BUSINESS PODCAST: Matt Cullen, Chief Executive Officer, San Manuel Digital LLC

This week the GGB Podcast engages Matt Cullen, the new CEO of San Manuel Digital LLC, on his new job and how the San Manuel tribe hopes to position...

Published May 12, 2014