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Mashpee Wampanoag tribe hires Steelman Partners LLP

Industry
Delaware casinos still squeezed by competition July 31, 2014 by Staff & Wire Reports

Delaware officials say competition from casinos in neighboring states continues to squeeze revenues at Delaware’s three casinos. Last year, Delaware slot machine revenue was $375 million.

First bitcoin ATM launches on Las Vegas Strip July 30, 2014 by Staff & Wire Reports

Coin Cloud announced the opening of Bitcoin Bodega, the Las Vegas Strip’s first bitcoin ATM, located inside the Viva Vegas souvenir shop across the street from City Center. It is open 7 days a week, 8 a.m. to midnight.

Wynn Resorts 2Q profit rises on Las Vegas strength July 30, 2014 by Staff & Wire Reports

Wynn Resorts Ltd.’s second-quarter earnings increased 57 percent, bolstered by strong results in Las Vegas. Net income rose to $203.9 million, or $2 per share, from $129.8 million, or $1.28 per share, in the same quarter a year ago.

CG Technology releases two new video poker games July 29, 2014 by Staff & Wire Reports

CG Technology announced today the release of two new video poker games – Quick Draw Stud and Improve Your Hand. Patrons can play these games for real money on their Apple or Android device.

Harrah's Online Casino launches gambling mobile App July 29, 2014 by David Cash

Harrah’s Online Casino has officially released the latest version of their quality casino game software. The HarrahsCasino.com mobile App for the iPhone and iPad allows players to choose from free games and real money games.

Gaming executives say bureaucracy hinders industry, jobs July 29, 2014 by Phil Hevener

Gaming Insider | An extreme makeover at the gaming industry’s regulatory level could produce significant benefits as the business continues to become a dependable generator of jobs and tax revenues across the U.S.

Chuck DiRocco pioneered bringing live simulcasts to race books July 29, 2014 by Scott Schettler

Gaming Yesterday | Each week in this column Scotty Schettler will take a trip down Memory Lane. He’ll tell you stories as he remembers them of people, places and happenings from days of old in Las Vegas.

The race is on for casino antique treasures July 29, 2014 by Mark Mayer

Pokin' Around | After Harrah’s was sold to Caesars Entertainment some of the machines went around the country and were put in executives’ offices for display purposes. 

Art Lurie, premier boxing judge, passes away July 29, 2014 by Mark Mayer

If ever a 10 bell memoriam for a boxing legend was appropriate, it would be for Art Lurie. One of the premier boxing judges and a former chairman of the Nevada Athletic Commission, Lurie recently passed at age 96.

Caesars Ent. properties to power all-electric cars July 28, 2014 by Ray Poirier

Electric car owners need not worry about finding outlets to re-charge their batteries while driving in either northern or southern Nevada, or in several other places throughout the country, as long as they are patronizing a Caesars hotel/casino.

Concerns arise over Macau's 'no pay' slot machines July 28, 2014 by Ray Poirier

Are Macau slot machines more likely to develop a “mechanical error” that relieves them of paying out a jackpot? That’s what some officials are asking after Macau casinos reportedly failed to pay jackpots on at least 133 slot machines.

Boston dumps Wynn Resort talks in state's lap July 28, 2014 by Ray Poirier

Mayor Martin Walsh’s decision to not negotiate with Wynn Resorts over compensation to mitigate the impact a casino in Everett would have on the capital city, has caused a dilemma within the Massachusetts Gaming Commission.

Harness track operator proposes casino next to Meadowlands July 28, 2014 by Ray Poirier

When the Meadowlands racetrack faced closure, Jeff Gural came to the rescue. He purchased the facility, renovated it and restored major harness racing. Now, with interest in a north New Jersey casino, Gural has come to the state’s rescue, again.

PENN and Pinnacle report second-quarter losses July 28, 2014 by Ray Poirier

Earnings Report | Read the latest earnings report news bites about Penn National Gaming Inc. (PENN) and Pinnacle Entertainment Inc. (PNK).

Boyd Gaming appoints Chris Gibase to new position July 28, 2014 by Ray Poirier

Boyd Gaming Corp. (BYD) has appointed Chris Gibase to its newly-created position of senior vice president and chief marketing officer.

WYNN cooperating with Macau anti-corruption agency July 28, 2014 by Ray Poirier

Officials of Wynn Resorts Ltd. (WYNN) have told Bloomberg they are cooperating with Macau’s anti-corruption agency regarding allegations made about the company’s purchase of land on the Cotai Strip.

MPEL, CZR interested in building Barcelona casino July 28, 2014 by Ray Poirier

Spain may have been abandoned by billionaire Sheldon Adelson, who scrapped plans for a $20 billion investment in a Strip-like project in Madrid, but there still remains some interest in expanding gambling in that country.

Mashpee Wampanoag tribe hires Steelman Partners LLP July 28, 2014 by Ray Poirier

The Mashpee Wampanoag Indians, who hope to locate a casino in the City of Taunton, Massachusetts, has hired a Las Vegas-based architectural firm to redesign their proposed casino.

Weaver forms Pilot Games after Express Games closed July 28, 2014 by Ray Poirier

Revenue from electronic pulltab gambling was expected to pick up the state’s cost of building a new Minnesota Viking stadium. But, the generated revenues never came near the amounts predicted by the sponsors.

Pojoaque Pueblo attempting to stop revenue sharing July 28, 2014 by Ray Poirier

After failing to negotiate a new gaming compact with the administration of New Mexico Gov. Susana Martinez, the Pojoaque Pueblo is attempting to substitute an agreement with the federal Interior Department.

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Casino Industry

Dog Racing Dying with spread of casino gamblingDOG RACING DYING

With spread of casino gambling

During the 1960’s and 70’s, greyhound racing flourished in many states throughout the country. But, that was before the spread of casino gambling. Now, casinos are feeling the impact of over-abundance while most dog tracks have been shuttered.

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