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Penn National Gaming studies future growth

Alabama lawmakers study gambling May 03, 2015 by Staff & Wire Reports

Alabama legislators may take the first steps during early May toward the passage of a lottery and casino bill as a potential revenue source for what the Associated Press described as the state’s "perpetually cash-strapped budgets.”

Florida lawmakers head for home with no gaming action May 03, 2015 by Staff & Wire Reports

​The Florida Legislature has concluded its 2015 regular session without acting on any of proposals that would have reshaped legal gaming across the state. But the lack of action has some interests anticipating a special session.

Gaming expansion hearings scheduled in Chicago May 03, 2015 by Staff & Wire Reports

​New hearings that could bring the expansion of casino gaming in Illinois have been scheduled for later this month in Chicago.

Indiana casinos get legislative approval to come ashore May 03, 2015 by Staff & Wire Reports

​Indiana casinos may soon have state approval to move their floating or dockside casinos on to dry land to locations within their current footprint.

Non-gaming amenities boost Boyd's first quarter May 03, 2015 by Staff & Wire Reports

​Non-gaming amenities are getting increase attention within Boyd Gaming according to CEO Keith Smith who says the Las Vegas-based company with regional casinos across Middle America generated strong first quarter earnings.

Wynn does not see quick fix for Macau May 01, 2015 by Staff & Wire Reports

Steve Wynn has made it clear that there is no quick fix to what is now ailing the Macau casino business. Business in this part of the Macau casino business is off 40-45 percent.

Casino win on Las Vegas Strip pulls statewide numbers down April 30, 2015 by Staff & Wire Reports

The Nevada Gaming Control Board reported Wednesday that the state’s casinos kept $951 million of what was gambled in March, down 3.2 percent from $982 million in the same month a year ago.

Wynn Resorts Reduces Dividend April 29, 2015 by Staff & Wire Reports

Steve Wynn anticipates record-setting business for this weekend's mega-fight. But how often does an event like this happen? Not often enough to wipe away the clouds of uncertainty.

PENN agrees to buy Tropicana Las Vegas for $360M April 29, 2015 by Staff & Wire Reports

The Tropicana hotel and casino in Las Vegas is being sold for $360 million. A group of shareholders, including private equity firm Onex Corp., say they will sell the 58-year-old Tropicana to the casino operator Penn National Gaming Inc.

Garber named chairman of Cirque du Soleil April 28, 2015 by Phil Hevener

Gaming Insider | The Internet news story combined Cirque du Soleil and Mitch Garber’s name in the same sentence. That was enough to get my attention.

Florida slots numbers a bit deceptive April 28, 2015 by Casino Doctors

Florida Gaming Report | Florida’s racino March slots numbers are a bit deceptive. They were off $148,000 or .03% if the shuttered Dania Jai Alai and Slots is included. However, the $51 million Net Slot Revenue was the highest for the fiscal year without Dania’s NSR.

Bitcoin very complex and simple at the same time April 28, 2015 by GT Staff

The Analyst | The way Bitcoin works is very simple and complex at the same time. When a Bitcoin is used, the transaction is shared and verified through software-linked nodes and recorded in a publicly distributed transaction file called a “block chain.”

Mega-fight will be Las Vegas style high roller event April 27, 2015 by Phil Hevener

They are calling it a mega-fight, but whatever the label anyone hangs on it Saturday’s fight at the MGM Grand Garden between Floyd Mayweather Jr. and Manny Pacquiao is this year’s ultimate high roller event.

Japanese casinos still being pushed April 27, 2015 by Phil Hevener

A much discussed and long-awaited Japanese casino bill could be submitted during the current parliamentary session, according to Union Gaming Research.

Penn National Gaming studies future growth April 27, 2015 by Phil Hevener

Penn National continues its search for opportunities to expand further into Las Vegas, according to Chief Executive Officer Tim Wilmott. Wilmott said he considers it a “strategic imperative” for the company to find a way to turn on the revenue pipeline.

Las Vegas bullish on Mayweather-Pacquiao megafight April 27, 2015 by Staff & Wire Reports

Interested in coming to Las Vegas to be part of the matchup to end all matchups that Floyd Mayweather and Manny Pacquiao are selling at the MGM Grand Garden Arena? It’s gonna cost you.

US appeals court denies PokerStars appeal April 27, 2015 by Staff & Wire Reports

A New Jersey appeals court has rejected a bid by the world’s largest online poker website to regain the right to buy an Atlantic City casino. The court sided with the Atlantic Club in its battle with PokerStars. 

Iowa casino doesn't have to pay $41M jackpot error April 27, 2015 by Staff & Wire Reports

The Iowa Supreme Court ruled that a Waterloo casino does not have to pay Pauline McKee the $41 million she thought she won in 2011 while playing a penny slot machine.

Resort Companies look for Opportunity in South Korea April 26, 2015 by Staff & Wire Reports

South Korea continues to look very good to potential casino operators who are searching the Pacific Rim for possible casino development locations as the Macau numbers continue their slide.

Illinois video gaming slots casino revenue April 26, 2015 by Staff & Wire Reports

Legalized video gaming in Illinois has taken its toll on the riverfront casino industry, something that was not expected to happen when the video gaming terminals were first installed in 2009.

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Bitcoin very complex and simpleTHE ANALYST

Bitcoin very complex and simple at the same time

Up until the early 80’s it was not uncommon to see casino chips used as cash not only at the restaurant and shops within a resort, but to see local shop keepers and specialty stores willing accept them as well for merchandise and services.



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