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Casino Industry News Bites
Regional Casinos Struggle
Racino Controversy at Aqueduct

Casino Industry News


No relief in sight for casino industry

(February 09, 2010 7:01 AM)

by David Stratton | Some analysts suggest the industry may never return to pre-recession levels, and that gamers may have to adjust to a "new normal" business model in the future.


Singapore casino expected to open for Chinese New Year

(February 08, 2010 5:23 PM)

Industry Insider by Ray Poirier | Singapore’s $4.4 billion entertainment resort developed by Malaysia’s Genting Group has been granted an early casino license and may open this weekend to take advantage of Chinese New Year.


Even regional casinos struggle through year-end

(February 08, 2010 5:13 PM)

Industry Insider by Ray Poirier | Any hopes that regional casinos would turn positive during the fourth quarter reporting season ended last week when three major casino operators reported.


Racino controversy at Aqueduct

(February 08, 2010 5:07 PM)

Industry Insider by Ray Poirier | Selection of the Aqueduct Entertainment Group (AEG) to operate a slots facility at Aqueduct racetrack in Queens, New York, became less controversial Monday with the removal of a participating figure from the group.


Casino Industry Insider news bites - 02-08-2010

(February 08, 2010 5:05 PM)

Industry Insider by Ray Poirier | Casino industry news bites about Isle of Capri Casinos, Inc. (ISLE), Pinnacle Entertainment Inc. (PNK), Harrah’s Entertainment Inc., Penn National Gaming Inc. (PENN), Wynn Resorts Ltd. (WYNN), Las Vegas Sands Corp. (LVS) and so much more.


Penn National Gaming posts a smaller 4Q loss

(February 04, 2010 3:32 PM)

Staff & Wire Reports | Casino operator Penn National Gaming Inc. (PENN) posted a smaller fourth-quarter loss Thursday even as gamblers spent less at its properties.


Ameristar Casinos posts smaller 4th-quarter loss

(February 03, 2010 10:13 AM)

Staff & Wire Reports | Ameristar Casinos (ASCA) posted a smaller fourth-quarter loss Wednesday as the company cut costs to offset slower gambling business.


Melco Crown's City of Dreams

(February 03, 2010 10:00 AM)

Staff & Wire Reports | For the quarter ended Dec. 31, Melco Crown reported a loss of $89.7 million, or 17 cents per American Depositary Share, compared with a loss of $18.9 million, or 4 cents per ADS, in the same quarter last year.


Gaming shares rise as Macau reports strong play

(February 01, 2010 4:57 PM)

Industry Insider by Ray Poirier | Good news out of Macau on Monday gave a boost to the shares of gaming companies with operations in that Chinese enclave. Macau reported its gaming revenue hit a record $1.58 billion, an increase of 63 percent in January.


Revel Entertainment Atlantic City Casino

(February 01, 2010 4:52 PM)

Industry Insider by Ray Poirier | Atlantic City unions will have to get on the same page if the $2.6 billion Revel casino is going to be completed.

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Casino Industry News

Welcome to our casino industry news section. Find the latest information about casino buyouts, casinos, build outs or bankruptcies.