Can Atlantic City’s Showboat Be Sold as a Casino?

An Atlantic County legislator is preparing to fight Caesars Entertainment over its policy of selling former casino properties in Atlantic City with restrictions that they cannot continue to operate...

Published August 25, 2014

Chun: LVS Had Role in IGT/LT Games Deal

Jay Chun (l.), the chairman of Macau’s Paradise Entertainment said the partnership between Paradise subsidiary LT Game and slot-maker IGT was brought about by Las Vegas Sands Corp.

Published August 25, 2014

Newsweak

A Newsweek cover story attacking online poker with falsehoods, scare tactics and one-sided quotes has the iGaming community up in arms. Questions about the involvement of anti-online gaming advocate...

Published August 25, 2014

FANTINI’S FINANCE: Pain Not Over in AC

What’s happening in Atlantic City isn’t a surprise. Declining revenues and non-convenience gambling have been problems for the Boardwalk town, and the worst probably isn’t over.

Published August 25, 2014

GLOBAL GAMING BUSINESS PODCAST: Atlantic City Mayor Don Guardian

This week, the GGB Podcast sits down with Atlantic City Mayor Don Guardian, who took office early this year and must now deal with the bad news hitting the...

Published August 25, 2014

WEEKLY FEATURE: Domestic Tranquility in Vietnam

Vietnam’s Ministry of Finance has drafted new gaming regulations for consideration that include a provision for allowing the country’s citizens to patronize casinos for the first time. The market...

Published August 18, 2014

Solaire Expansion Nearly Complete

Manila’s Solaire Resort and Casino will be more than twice as big before the year is out. Entertainment City’s first destination casino will be offering more hotel rooms, retail...

Published August 18, 2014

Macau Slowdown Hitting the Mass Market

Analysts are rethinking their forecasts for the second half as growth in Macau’s vaunted mass market appears to slowing down. Events in China were thought to be affecting only...

Published August 18, 2014

Caesars Cuts Deal With Senior Bondholders

Caesars Entertainment Corporation has completed a deal with bondholders to buy back notes to cut its indebtedness by $548.4 million. Caesars still will owe more than $21 billion. CEO...

Published August 18, 2014

California May Wait Until 2018 for Online Poker

California lawmakers last week dropped efforts to pass a bill legalizing online poker in the Golden State. The differences separating the various groups who favor such a bill proved...

Published August 18, 2014

GTECH/IGT Deal Clears Antitrust Hurdle

GTECH is one step closer to completing its mega-deal buyout of International Game Technology by receiving clearance under federal antitrust law.

Published August 18, 2014

Ho Bidding for Barcelona Casino

Macau casino tycoon Lawrence Ho (l.) is looking to expand into Europe with a bid for a resort casino at Barcelona’s proposed BCN World tourism and residential complex. A...

Published August 18, 2014

FANTINI’S FINANCE: Macau Mystery

Suddenly the booming Macau gaming economy is hitting snags left and right. Investors are bailing and the future of the only city in China to permit gaming is in...

Published August 18, 2014

GLOBAL GAMING BUSINESS PODCAST: Liza Cartmell, President, Atlantic City Alliance

This week, the Global Gaming Business Podcast features an interview with Liza Cartmell, the president of the Atlantic City Alliance, on how the bad news about the casino closings...

Published August 18, 2014

WEEKLY FEATURE: PokerStars Clean?

Amaya Gaming last week announced it has completed its acquisition of PokerStars and Full Tilt. The announcement came shortly after Amaya stockholders approved the $4.9 billion deal. With the...

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Caesars Battles Creditors

The troubled casino giant Caesars Entertainment is in negotiation with first-lien bondholders to restructure and refinance debt, while trading lawsuits with second-lien bondholders. The company recently sold several properties,...

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California Collapse

Lawmakers who support legalizing online poker in California have given up for this year. Both bills that would allow the practice are dead until next year. But next year...

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Crockwell Promises Bermuda Casino Bill

A bill that would legalize casinos in Bermuda will be submitted parliament before the end of 2014, says Tourism Minister Shawn Crockwell (l.). That’s almost three years after the...

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Christie Vetoes Sports Betting Bill

The attempt to slip through a loophole in PAPSA to allow sports betting in New Jersey has failed now that Governor Chris Christie (l.) has vetoed the bill. The...

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Lawmakers Await GAO Report on Indian Gaming

U.S. lawmakers anxious to tinker with the Indian Gaming Regulatory Act are interested to see if an upcoming report next year by the Government Accountability Office (GAO) will give...

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