Casino Insider

Oct 1, 2012 6:44 PM

As of this week, Shuffle Master Inc. (SHFL) will become SHFL Entertainment Inc. The announcement is being made at the G2E conference.

Pinnacle Entertainment Inc. (PNK) will release its third quarter results on Wednesday, Oct. 24, at 7 a.m. PDT.

MGM Resorts International (MGM) will announce its quarterly report on Wednesday, Oct. 31, at 8 a.m. PDT.

Gaming Partners International Inc. (GPIC) has promoted Kirsten Clark to senior vice president and COO – Asia.

Todd George has been named general manager of Hollywood Casino in Lawrenceburg, Ind. Also Penn National Gaming Inc. (PENN) named Rafael Verde as general manager of Zia Park Casino in New Mexico.

A recent survey indicates that a majority of New Jersey residents oppose permitting casinos outside Atlantic City. The percentage opposed to such locations was 56 percent.

The shares of Full House Resorts Inc. (FLL) have been upgraded by The Street Ratings, raising them from “hold” to “buy.”

RBC Capital has increased its target price for the shares of Las Vegas Sands Corp. (LVS) from the previous $45 to $50 per share. Lazard Capital also raised their target price for the LVS shares from $48 to $52.

A new state report indicates that about $1.3 billion annually has been raised by tribal gaming in Wisconsin.

Alabama enforcement officers have confiscated 60 electronic gambling devices found at two locations.

West Virginia Lottery officials reported that gaming revenues during the month of August totaled $116.3 million, down about $2.6 million from the revenue reported in 2011.

Mississippi officials blamed Hurricane Isaac with dampening the spirits of gamblers during August. Revenues fell 3.4 percent to $178.4 million.

The Little Traverse Bay Bands of Odawa Indians are planning to build a $26 million casino in Mackinaw City, Mich. The Tribe also operates a casino in Emmet County, south of Petoskey, Mich.

In northern California, the Federated Indians of Graton Rancheria have agreed to pay $10 million to widen a road leading to a Las Vegas-style casino being planned for Rohnert Park.

A subsidiary of Eldorado Resorts in Reno, Nev., and 3G Studios have agreed to form a strategic online partnership to launch an online gaming venture.

Galaxy Gaming Inc. of Las Vegas says it has acquired the casino table game known as High Card Flush from Red Card Gaming Inc. The game has been approved by Nevada gaming regulators.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at Ray­[email protected].

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