Caesars Begins Restructuring Efforts

Caesars Entertainment is beginning talks with senior bondholders in its effort to restructure the largest portions of its $24.2 billion debt. Chairman and CEO Gary Loveman (l.) believes “constructive...

Published September 22, 2014

Butera Exits Foxwoods

Scott Butera, president and CEO of Foxwoods Resort Casino since December 2010, will be leaving that position as of October, the Mashantucket Pequot Tribe has announced.

Published September 22, 2014

WEEKLY FEATURE: Birds of a Feather?

Payment processor Global Cash Access Holdings has agreed to acquire slot company Multimedia Games for $1.2 billion in cash, a 31 percent premium on the September 5 closing price...

Published September 15, 2014

Crunch Time in New York

New York State’s 16 casino license applicants are doing their best in the final weeks of consideration to win support from their respective communities and state site selectors. All...

Published September 15, 2014

Casinos in Tokyo—Maybe Not

Analysts believe a Japanese casino industry easily will be worth $10 billion or more, centered on major resorts in Tokyo and Osaka. But Tokyo’s new governor. Yoichi Masuzoe (l.),...

Published September 15, 2014

Bahamas Considers Comprehensive Gaming Regulations

The Bahamian government introduced comprehensive gaming rules to regulate online gambling, streamline casino debt collection and let players bet on sports events after they have started. Baha Mar Chairman...

Published September 15, 2014

Federal Judge Upholds Idaho Poker ban

A U.S. District Judge has granted the state of Idaho an injunction to prevent the Coeur d’Alene Casino from offering poker, which the state contends violates its constitution. Tribal...

Published September 15, 2014

Decision Time in Massachusetts

With Bay State voters poised to decide the fate of casino gaming in Massachusetts in November the gaming commission will very soon decide whether to issue a casino license...

Published September 15, 2014

Antigua to U.S.: Let’s Make a Deal

Antigua’s new government and Prime Minister Gaston Browne (l.) are taking a more conciliatory line with the U.S. in hopes of getting at least some portion of the money...

Published September 15, 2014

Reforms Gain Momentum in Mexico

Fixing the rules that govern gaming in Mexico is back on the table, and this time Congress is expected to approve it, according to Fernando Zarate Salgado (l.). Supporters...

Published September 15, 2014

FANTINI’S FINANCE: Tracking Trends

Big debt with casino industry vendors, slowing expansion on the operators’ side and new forms of betting, including social gaming, will all have a big impact on the future...

Published September 15, 2014

GLOBAL GAMING BUSINESS PODCAST: Mike Johnson, Industry Vice President, Reed Exhibitions

This week, the GGB Podcast sits down with Mike Johnson, the industry vice president for Reed Exhibitions, the organizers of G2E to explain why this year’s trade show will...

Published September 15, 2014

Multi-State Progressives Launched

Casinos in Nevada and New Jersey are online with the first multi-state progressive jackpot system, with two links from Bally and IGT. New Jersey DGE Director David Rebuck...

Published September 8, 2014

PokerStars, Others Ready for New Jersey Launch

PartyPoker (l.), which is partnered with the Borgata Hotel Casino & Spa for online gaming in New Jersey, has announced a major upgrade of its platform with an eye...

Published September 8, 2014

President Nominates Tribal Appellate Judge to be Commission Chairman

Jonodeve Osceola Chaudhuri (l.), a member of the National Indian Gaming Commission who has been an appellate judge on several tribal courts has been appointed chairman of the commission.

Published September 8, 2014

GLOBAL GAMING BUSINESS PODCAST: Jamie Odell, CEO, Aristocrat Technologies

This week the GGB Podcast features a discussion with Jamie Odell, the chief executive of Aristocrat Technologies on his company’s purchase of VLC, Paltronics and the ongoing consolidation in...

Published September 8, 2014

WEEKLY FEATURE: Controversial Arizona Casino Breaks Ground

After 14 lawsuits over five years and fierce opposition from Glendale, Arizona officials and leaders of other tribes, the Tohono O'odham Nation recently broke ground at its $400 million...

Published September 8, 2014

Horseshoe Baltimore Opens

Maryland’s fifth casino opened to great fanfare as Horseshoe Baltimore welcomed celebrities and dignitaries to its grand opening. Baltimore Mayor Stephanie Rawlings-Blake speaks while Horseshoe GM Chad Barnhill, Caesars...

Published September 8, 2014

Caribbean Plans $1B Resort

Beijing investors are bringing mega-bucks to the Caribbean islands of Antigua and Barbuda. The Yida Group’s planned Singulari casino resort would encompass some 1,600 acres and be spread across...

Published September 8, 2014

LVS Eyes South Korea

Las Vegas Sands likes South Korea’s resort gaming potential and has identified a site in Seoul where it would build something on the scale of Marina Bay Sands. LVS...

Published September 8, 2014