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Plan to bailout Del. facilities gets lukewarm endorsement

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The synergy between casinos and sports betting January 28, 2015 by David Cash

Online casino gaming and sports betting share many similarities, with each offering adrenaline-loaded entertainment for players 24/7.

IGT misses first quarter profit forecasts January 28, 2015 by Staff & Wire Reports

International Game Technology (IGT) reported fiscal first-quarter earnings of $35 million. On a per-share basis, the Las Vegas-based company said it had net income of 14 cents. Earnings, adjusted for one-time gains and costs, were 19 cents per share.

To keep up Vegas must add options January 27, 2015 by Phil Hevener

Gaming Insider | There’s growing interest in a push that could nudge Nevada sports books toward a place they’ve never been before.

Kansas backs GLI January 27, 2015 by Staff & Wire Reports

Gaming Laboratories International has received a new contract from the Kansas Racing and Gaming Commission, extending the existing 9-year working relationship.

Golden Gaming, Lakes Entertainment plan merger January 26, 2015 by Ray Poirier

Blake Sartini has watched his Golden Gaming enterprise grow from a local slots route to a major gaming company. Monday, he announced a merger with publicly-traded Lakes Entertainment Inc. (LACO).

Gov. Cuomo seeks bigger fourth license project January 26, 2015 by Ray Poirier

New York Gov. Andrew Cuomo wanted casino licenses distributed to economically-troubled areas. The committee he appointed to act on the plan awarded licenses in three different areas. That didn’t quite satisfy Cuomo.

Galaxy Ent. sings $7.5 billion tunes in Macau January 26, 2015 by Ray Poirier

To paraphrase the old song, “Come along and listen to, the lullaby of Broadway,” might be the tune being whistled by officials of Galaxy Entertainment Group Ltd. who have announced they plan to spend about $7.5 billion more to expand in Macau.

California moves toward Internet poker January 26, 2015 by Ray Poirier

Looking to combine the political forces of both the horse racing industry and the tribal casinos, a California Democrat, Assemblyman Reginald Jones-Sawyer, last week filed a second draft bill to legalize Internet poker in California.

New Illinois Gov. may OK gaming expansion January 26, 2015 by Ray Poirier

Since last November, Illinois has a new governor, Republican Gov. Bruce Rauner. With Quinn out of the way, supporters of expanded gambling seem to have gained new life. 

Macau gaming companies see stocks rise January 26, 2015 by Ray Poirier

Gaming companies have had trouble attracting investors in recent months but that course found itself in reverse on Monday, especially where the shares of companies doing business in Macau were concerned.

Trial to determine location of CZR bankruptcy case begins January 26, 2015 by Ray Poirier

The battle lines were drawn Monday as a two-day trial began in Wilmington, Delaware, to determine whether the bankruptcy case involving Caesars Entertainment Corp. (CZR) would be held in Chicago, Illinois, or Wilmington.

Sheldon Adelson to take over Sands China CEO job January 26, 2015 by Ray Poirier

Las Vegas Sands Corp. announced last week that founder and CEO Sheldon Adelson will take over the positions in its subsidiary, Sands China, being vacated by Ed Tracy. 

Smoking banned in New Orleans bars and gambling halls January 26, 2015 by Ray Poirier

New Orleans may lose its reputation as being a “famously libertine city,” now that the City Council has voted to ban smoking in bars and gambling halls even as the owners of those establishments said such a move would hurt businesses.

Wynn redesign of Mass. casino has a familiar look January 26, 2015 by Ray Poirier

They didn’t like the first renderings Steve Wynn submitted to the Massachusetts Gaming Commission for the casino he planned to build in Everett so they told him to come back with other plans. He did.

Gov. Rick Scott meets with top gaming executives January 26, 2015 by Ray Poirier

Florida Gov. Rick Scott recently met with the top executives of seven of South Florida gaming enterprises. Officials representing Isle of Capri, Dania, Mardi Gras, Calder, Magic City, Miami Jai Alai and Hialeah reportedly attended the meeting.

Atty. Gen. Maura Healey makes presence known January 26, 2015 by Ray Poirier

It was only her first day on the job, but Massachusetts Atty. Gen. Maura Healey made her presence felt when she appeared before the Massachusetts Gaming Commission.

Plan to bailout Del. facilities gets lukewarm endorsement January 26, 2015 by Ray Poirier

A taxpayer bailout for the three struggling gaming facilities in Delaware that would involve some $45 million annually received a lukewarm endorsement from a state study commission last week.

Gov. Christie expected to announce hiring of Atty. Lavin January 26, 2015 by Ray Poirier

In an attempt to shore up the problems facing the gambling community of Atlantic City, New Jersey Gov. Chris Christie is expected to announce he is hiring corporate restructuring Atty. Kevin Lavin to handle the city’s finances and daily operations.

Casino Insider January 26, 2015 by Ray Poirier

Casino Insider | Read the latest casino industry news bites about Las Vegas Sands Corp. (LVS), Boyd Gaming Corp. (BYD), Dover Downs Gaming & Entertainment Inc. (DDE), the Ohio Casino Control Commission and so much more.

Scientific Games chooses Las Vegas as new home January 26, 2015 by Staff & Wire Reports

Officials of Scientific Games Corporation (SGMS) announced Monday that it is relocating its global corporate headquarters and establishing its Gaming Division’s primary U.S. manufacturing operations at its existing facilities in Las Vegas, Nevada.

Casino Industry

Wagering on Olympic activities looks certainOLYMPIC GAMBLING

Wagering on Olympic activities looks certain

Wagering on some Olympic activities looks like a certainty. There’s little doubt following last week’s public discussion that showed widespread support for the regulation updates requested by Michael Gaughan’s South Point casino.

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