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Linq to be must-see Vegas spot

Industry
Christie: N.J. won't oversee sports bets September 15, 2014 by Phil Hevener

New Jersey Gov. Chris Christie says the state will have no role in the regulation of the sports betting that Atlantic City casinos are now free to pursue if they want to buck whatever opposition professional sports leagues may throw at them.

UNLV offers first ever master of law degree September 15, 2014 by Phil Hevener

Students entering for the Fall 2015 semester will have the opportunity to study for a master of law (LL.M.) in gaming law and regulation, according to an announcement by Carl Reiber, the vice provost for academic affairs.

Linq to be must-see Vegas spot September 15, 2014 by Phil Hevener

Caesars Entertainment has launched an aggressive series of promotions to market its High Roller observation wheel, the plan being to make it and the Linq Promenade must-see attractions for Las Vegas visitors and local alike.

LACO loses Red Hawk Casino dispute ruling September 15, 2014 by Phil Hevener

Arbitration has been awarded that gives the Shingle Springs Band of Miwok Indians some $2.7 million plus interest and attorney fees because of a dispute that arose after Lakes ended its management of the Red Hawk Casino near Placerville, California.

Bet on legislators tinkering with marijuana policies September 15, 2014 by Phil Hevener

There’s a big gulf between legislative action in 2013 that legalized medical marijuana and the position of the state’s gaming regulators who say holders of gaming licenses cannot have anything do with the state’s new marijuana industry.

Atlantic City casino revenues down 1.2 percent September 15, 2014 by Staff & Wire Reports

Atlantic City’s casino revenue declined by 1.2 percent in August compared with a year ago as another gambling hall shut down. The 11 casinos operating during August won $294.4 million from gamblers, down from $298 million a year ago.

Trustee objects to parts of proposed Revel deal September 15, 2014 by Staff & Wire Reports

A U.S. Bankruptcy Court trustee is objecting to the proposed auction date for the Revel Casino Hotel and a $3 million breakup fee that would go to a Florida developer if he’s outbid for the recently shuttered site.

Mass. resuming Boston-area casino talks September 15, 2014 by Staff & Wire Reports

The Massachusetts GamingCommission suspended last week’s deliberations in order to give Wynn and Mohegan Sun time to respond to a series of terms and conditions the panel wants to impose on the projects.

Revel says it has $90M offer to buy closed casino September 14, 2014 by Staff & Wire Reports

A Florida developer has offered $90 million for the Revel Casino Hotel that shut down last week. The casino said in the bankruptcy court filing that Glenn Straub’s Polo North Country Club, Inc., made the cash bid for the $2.4 billion resort.

New Jersey lets MGM keep half of Borgata casino September 13, 2014 by Staff & Wire Reports

New Jersey casino regulators let MGM Resorts back into the Atlantic City casino market. The Casino Control Commission voted to let MGM reclaim its 50 percent ownership of the Borgata. 

Trump Entertainment Resorts files for bankruptcy September 12, 2014 by Staff & Wire Reports

Trump Entertainment Resorts filed for bankruptcy and threatened to shut down the Taj Mahal Casino Resort, which would make it the fifth Atlantic City casino to close this year.

Dayton racino sees strong opening September 11, 2014 by Staff & Wire Reports

The numbers show that the state’s newest racino had a big opening weekend. Hollywood Gaming at Dayton Raceway, which opened Aug. 28, recorded nearly $1.9 million in net winnings during the four days it was open in August.

Ohio casino revenues increase nearly 4 percent September 10, 2014 by Staff & Wire Reports

A monthly update shows Ohio’s casino revenue increased nearly 4 percent in August compared with the previous month but fell shy of the totals from a year earlier.

Gaming law differences make or break casinos September 09, 2014 by Phil Hevener

Gaming Insider | There are signs the feds are putting increased pressure on legitimate gaming-oriented businesses, treating them like so many outlaws.

New Jersey adopts sports betting despite federal law September 09, 2014 by GT Staff

In a bold move to challenge the federal government’s ban on sports betting in most states, New Jersey Gov. Chris Christie issued a directive Monday allowing the state’s casinos and racetracks to offer sports betting effective immediately.

Sports writing changed with the advent of the computer September 09, 2014 by Scott Schettler

Gaming Yesterday | Being knowledgeable about sports wagering is not a must in today’s books. It wasn’t always like that.

GTECH's 3D slots make Atlantic City debut at Tropicana September 08, 2014 by Ray Poirier

GTECH, the Italy-based slot manufacturer that is in the process of acquiring International Game Technology (IGT), has produced a 3-D slot machine that is making its Atlantic City debut this week at the Tropicana Hotel/Casino.

MGM Resorts: Osaka plan 'unique' September 08, 2014 by Ray Poirier

While Japan decides whether it really wants to approve casino gambling, MGM Resorts International (MGM) has unveiled its vision for a property that would be “unique to Japan” and not a re-packaged copy of a Las Vegas casino.

Wynn's Massachusetts design takes a beating September 08, 2014 by Ray Poirier

A week ago, a Boston newspaper told Wynn Resorts Ltd. (WYNN), “Boston ain’t Las Vegas, baby!” This week, Steve Wynn has been told the Massachusetts Gaming Commission doesn’t like the look of his Everett casino project.

Global Cash Access acquires Multimedia Games September 08, 2014 by Ray Poirier

Global Cash Access Holdings Inc. (GCI), whose primary source of business is providing cash solutions to the casino industry, announced Monday it has agreed to acquire Multimedia Games Holding Co. for $1.2 billion in cash.

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Casino Industry

Macau revenues fall for third consecutive monthREVENUE FELL 6.1%

Macau revenues fall for third consecutive month

Lower share prices for the gaming companies doing business in Macau hinted that revenues during the month of August would be far from the gaming growth percentages of the past.

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