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Scott Kreeger named president of SLS Las Vegas

Industry
Morongo unveils collectible 10th anniversary chips October 30, 2014 by Staff & Wire Reports

In honor of its 10th anniversary celebration this December, the Morongo Casino, Resort & Spa has commissioned three beautifully designed commemorative casino chips.

Wynn reports 3Q drop in Macau, rise in Las Vegas October 29, 2014 by Staff & Wire Reports

Las Vegas was good to Wynn Resorts Ltd. in the third quarter but not enough to make up for a stormy three months in Macau. Wynn reported that the company’s revenue dropped 1.4 percent to $1.37 billion in the quarter.

Will sports betting in New Jersey cause irreparable harm? October 28, 2014 by Phil Hevener

Gaming Insider | League spokesmen have been leaning on imagery that represents sports betting as a moral cancer eating away at  games played by both schoolboy athletes and millionaire super stars.

Floridians prefer less gambling in their state October 28, 2014 by Casino Doctors

Florida Gaming Report | Greyhound Safety Act, a study on gambling, battle between Gov. Rick Scott and Charlie Christ, 2014-15 fiscal year for pari-mutuels, card rooms and other topics in this week's column.

Judge blocks New Jersey sports betting October 27, 2014 by Ray Poirier

Sports betting at Monmouth Park racetrack in New Jersey, which was to begin on Sunday, was blocked by a federal judge who granted the temporary injunction requested by four major U.S. professional sports leagues and the NCAA.

Macau's doldrums possible until 2015 October 27, 2014 by Ray Poirier

Don’t look for an early pickup in the growth of gaming revenue in Macau because indications are the recent declines will be even greater in October. 

Horsemen tap Lou Raffeto to save Suffolk Downs October 27, 2014 by Ray Poirier

Current owners of Suffolk Downs racetrack in East Boston, Massachusetts have indicated they are not interested in continuing sponsoring horse racing since it will have major competition from a nearby casino in the City of Everett.

Full House Resorts' action raises dissidents' ire October 27, 2014 by Ray Poirier

Feeling the pressure from dissident stockholders, the leadership of Full House Resorts Inc. (FLL) announced it had placed the company up for sale. The directors also notified the Securities & Exchange Commission there had been some bylaw changes.

Merging shares plummet over financing concern October 27, 2014 by Ray Poirier

Fearing a proposed acquisition may have trouble receiving the necessary financing, investors bailed on both Scientific Games Corporation and Bally Technologies Inc. on Monday following revelations from banks involved in marketing debt.

Scott Kreeger named president of SLS Las Vegas October 27, 2014 by Ray Poirier

Last week, Las Vegas’ newest, or at least, most-recently renovated property – the SLS Las Vegas – announced a modest cutback in operating personnel. Monday, the company announced a change at the top.

Caesars needs $1.5 billion to invest in casino October 27, 2014 by Ray Poirier

Officials of Caesars Entertainment that met with Philippine President Benigno Aquino last week to express an interest in making an investment in a Philippine casino brought a quick response from gaming regulators.

AGA says this year's G2E largest gathering in world October 27, 2014 by Ray Poirier

The American Gaming Association, in reviewing this year’s Global Gaming Expo, has declared it was the “largest gathering of gaming industry professionals in the world” with more than 25,000 in attendance.

PENN revenues beat expectations reaching $645.9M October 27, 2014 by Ray Poirier

Penn National Gaming Inc. (PENN) saw its revenues and earnings beat analysts’ forecasts during the third fiscal quarter. Revenues reached $645.9 million.

The Traditions being considered for licensing October 27, 2014 by Ray Poirier

The Traditions at The Glen Resort and Casino is one of several applications being considered for the license to be awarded for the Southern Tier/Finger Lakes area.

Deadwood casinos see decline in gaming revenue October 27, 2014 by Ray Poirier

The tourist town of Deadwood, South Dakota, point to a recent decline in gaming revenues as an indication Deadwood’s gambling halls need to add games to their gaming floors to satisfy customers.

Casino Insider October 27, 2014 by Ray Poirier

Casino Insider | Read the latest casino industry news bites about Wynn Resorts Ltd. (WYNN), Dover Downs Gaming & Entertainment Inc. (DDE), International Game Technology (IGT) and so much more.

For Atlantic City's Revel, it's a question of taxes October 27, 2014 by Staff & Wire Reports

Atlantic City officials say the bankrupt hotel casino Revel owes the city more than $30 million in property taxes and they want to collect by auctioning a tax certificate. But, they can’t do that without the approval of the bankruptcy judge.

Closed Trump Plaza selling off its slot machines October 27, 2014 by Staff & Wire Reports

Trump Entertainment Resorts is asking a bankruptcy court in Delaware for permission to sell the last 353 of its slots to Patriot Gaming & Electronics, a New Jersey firm that sells new and used slot machines and parts.

Las Vegas airport traffic up 2.7 percent in Sept. October 27, 2014 by Staff & Wire Reports

Passenger traffic at McCarran International Airport jumped 2.7 percent in September compared with a year earlier. Data released Monday show more than 3.5 million people arrived and departed from the Las Vegas airport in September.

Wynn to redesign proposed casino resort October 25, 2014 by Staff & Wire Reports

Wynn Resorts is redesigning its proposed $1.6 billion resort casino in Everett. The updates were part of Wynn’s first status report to state regulators since besting Mohegan Sun for the lucrative Boston-area casino license last month.

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Casino Industry

Judge blocks New Jersey sports bettingeIN THE COURTS

Judge blocks New Jersey sports betting

Sports betting at Monmouth Park racetrack in New Jersey, which was to begin on Sunday, was blocked by a federal judge who granted the temporary injunction requested by four major U.S. professional sports leagues and the NCAA.

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