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Macau sees casino revenues plunge during holiday

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Casino Insider

February 27, 2012 8:37 PM by Ray Poirier

Bally Technologies has purchased a system from Chiligaming LTD that will permit the company to offer business-to-business iGaming opportunities for its customers.

The Maine Gambling Control Board has approved a full gaming license for Hollywood Slots in Bangor, a facility operated by Penn National Gaming Inc. (PENN).

The Sheraton Macao, a 3,863-room hotel being built on the Cotai Strip in Macau as part of the entertainment complex being constructed by Las Vegas Sands Corp. (LVS) will begin hiring this week.

Boosted by the Lunar New Year holidays, Macau tourism increased by 18.6% during the month of January. Total visitation was given as 2.5 million.

The Nottawaseppi Huron Band of the Potawatomi Tribal Council has announced that it has a tentative buy-out agreement of the management contract held by a division of Full House Resorts Inc. (FLL).

More Casino Industry ArticlesJoe Francis, the founder of the "Girls Gone Wild" video empire, has lost his court appeal to have a $7.5 million award to Steve Wynn rescinded. Reportedly, Francis’ lawyers had withdrawn and Francis wasn’t properly notified of a court hearing.

David Scott Tate, owner of Cactus Jack’s casino in Carson City, Nevada, has agreed to pay a $15,000 fine for using unauthorized poker chips in tournaments. State gaming licensees are required to use chips that conform to established regulations.

The Nevada Gaming Commission has approved the purchase by Golden Gaming Inc. of the slot machine route and two casinos in Pahrump owned by Affinity Gaming LLC. This will give Golden Gaming some 8,500 slot machines in 650 locations.

Shuffle Master Inc. (SHFL) will discuss its operating results for the first quarter that ended on Jan.31, in a conference call to be held Tuesday, March 6, at 2 p.m. PDT.

Melco Crown Entertainment Ltd. (MPEL) has named Ying Tat Chan as its chief operating officer. Nicholas Naples, who had served with Chan as co-COO, has left the company.

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