Senator Pulls Plug On Expanded Florida Gambling

In the midst of a budget meeting, Florida State Senator Garrett Richter (l.) announced that comprehensive gambling reform legislation was dead for the year, due to extended compact negotiations...

Published April 7, 2014

Boston Mayor Applies Casino Pressure

The mayor of Boston, Martin Walsh (l.), is upping the ante in his war of words against the Massachusetts Gaming Commission, which, he claims, does not have the authority...

Published April 7, 2014

Queensland Draw Flurry of Interest

Twelve investment groups have submitted bids for three new casino licenses in the Australian state of Queensland. It’s an impressive list of suitors that includes the continent’s three largest...

Published April 7, 2014

High Roller Opens in Las Vegas

The High Roller, the world’s largest observation wheel, has opened between the Quad and the Flamingo resorts near the Las Vegas Strip. The 550-foot High Roller takes 30 minutes...

Published April 7, 2014

Organizations, Senators Oppose National Online Gambling Ban

Several important national organizations have come out in opposition to Sheldon Adelson’s online gaming ban. In addition, two U.S. senators from New Jersey, Cory Booker (l.) and Robert Menendez,...

Published April 7, 2014

Big March for Macau

March was another blowout month for Macau gaming revenue. The haul was $4.4 billion, capping a first quarter that averaged $1 billion a week and has analysts considering raising...

Published April 7, 2014

FANTINI’S FINANCE: Back on a Roll

Disappointing table-game revenue made investors jump off Macau stocks, thinking it was the end of the big run. But great results in March demonstrated it was just a hiccup,...

Published April 7, 2014

GLOBAL GAMING BUSINESS PODCAST: Eileen Moore, Regional Vice President, Caesars Entertainment.

This week, the GGB Podcast features an interview with Eileen Moore, the regional vice president for Caesars Entertainment, in charge of the Flamingo, the Quad, the Cromwell and the...

Published April 7, 2014

WEEKLY FEATURE: Tough Times In Tunica

With business dramatically down, Caesars Entertainment announced it will close its Harrah's casino in Tunica on June 2, laying off up to 1,300 workers. Still, conditions are not so...

Published March 31, 2014

FinCEN Mulling New Rules for Casinos

New anti-money laundering rules being considered by the U.S. Treasury Department could require casinos to vet the source of their high rollers’ funds. Although the proposed regs sound onerous,...

Published March 31, 2014

‘Bad Actors’ Cause Scene in California’s Poker Bills

Two bills have been introduced in the California legislature to legalize online poker. One prohibits the participation of the “bad actors” like PokerStars, while the other leaves it to...

Published March 31, 2014

A Promised Land for Macau—in China

The head of China’s Macau liaison office supports the idea of providing the territory with land in the neighboring mainland province of Guangdong to help it diversify its economy...

Published March 31, 2014

Ho-Chunk Ready To Revive Plan

Warrior Entertainment, which wants to renovate the Warrior hotel (l.) into a casino, asked to intervene in Argosy's lawsuit against the Iowa Gaming and Racing Commission. But the IRGC,...

Published March 31, 2014

Saipan Governor Signs Casino Bill

After several failed attempts at legalization, practical considerations finally won the day on the western Pacific island of Saipan. The cash-strapped government there has given the long-awaited go-ahead for...

Published March 31, 2014

FANTINI’S FINANCE: A Healthy Sell Off

The boom in casino stocks for 2013 is over. The recent sell off of many gaming stocks have brought back reality to gaming investors. Is this a good thing...

Published March 31, 2014

GLOBAL GAMING BUSINESS PODCAST: Jon Gray, Vice President and General Manager, The Linq

This week, the GGB Podcast features Jon Gray, the vice president and general manager of the Linq, Caesars new shopping, dining and entertainment mall connecting several casino properties on...

Published March 31, 2014

WEEKLY FEATURE: ‘Creepy’ Showdown

Las Vegas Sands spokesman Andy Abboud (r. in photo) squared off with Caesars Interactive head Mitch Garber last week at iGaming North America in Las Vegas, moderated by World...

Published March 24, 2014

UK To Impose Mandatory Licensing, Tax Increase on FOBTs

The British Parliament has passed a bill that requires all gambling operators doing business in the country to be licensed, including those operating online and offshore. The government also...

Published March 24, 2014

U.S. Partner Joins Vietnam Resort Project

VinaCapital has been trying for several years to develop a resort-scale casino in Vietnam and may finally have landed the financial backing to make it happen, with Peninsula Pacific,...

Published March 24, 2014

Proposed Online Gambling Ban Coming to Congress

At least two bills seeking to ban online gambling are expected to be introduced in Congress. Utah Republican Rep. Jason Chaffetz (l.) is preparing a bill and Republican Senator...

Published March 24, 2014