HOT Stories more

Condado Plaza Hilton casino closes in San Juan

Industry
Steve Wynn longs for 'softer hand' in Boston July 31, 2015 by Phil Hevener

​Wynn Resorts CEO Steve Wynn longs for the day when Massachusetts opponents of the casino business stop treating his company like a punching bag.

Alabama poll shows support for gambling July 31, 2015 by Phil Hevener

​A pro-gambling group of Alabama residents is out with a new poll showing that there is “overwhelming support” for a vote on whether the state should have a lottery and casino games.

Pinnacle Entertainment Q2 revenue increases July 30, 2015 by Phil Hevener

Second quarter net revenues at Las Vegas-based Pinnacle Entertainment increased 4.8 percent to a record $582 million, the company reported.

Riviera demolition at least 6 months away, cost $42M July 30, 2015 by Staff & Wire Reports

The Riviera casino-hotel will come tumbling down but at an expected cost of $42 million and not for at least six months if a recommendation to the Las Vegas Convention and Tourism Authority is approved.

Macau smoking lounges will be retained July 29, 2015 by Phil Hevener

Macau appears to be headed for a loosening of the proposed ban on smoking in casinos that will allow the continued presence of smoking lounges. There had been a lot of behind-the-scenes conversations aimed at achieving this compromise.

AGA supports minority benefit programs July 29, 2015 by Phil Hevener

​Proposed bipartisan legislation in the U.S. House of Representatives will promote programs that many casino gaming companies already implement to help workers boost language skills, further their education and apply for citizenship.

China saw Macau casinos as tools of U.S. spy agencies July 29, 2015 by Phil Hevener

Did Macau casinos become a tool used by U.S. intelligence agencies “to entrap and blackmail” Chinese officials? A “highly confidential report” cited by The Guardian said Beijing believed U.S.-owned casinos in Macau were working in league with the CIA.

Nevada June gaming revenues mostly lower July 29, 2015 by Phil Hevener

​Gaming revenue along the Las Vegas Strip corridor fell 16.31 percent to $445.5 million during June and the statewide win was off 8.4 percent to $830.9 million. 

Florida to Seminoles: the party's over July 29, 2015 by Phil Hevener

​Florida’s top gaming regulator has written a letter to the Seminole Tribe of Florida asking for a meeting at which Seminole leaders are expected to provide a timeline for closing the table games that the tribe operates at most of its seven casinos.

VIP gaming revenues continue to shrink in Macau July 29, 2015 by Phil Hevener

The proportion of VIP gaming revenues in Macau casinos continued to shrink in the second quarter. It was 55.5 percent of casino revenue. VIP revenue is down by 42.2 percent from a year ago. 

Gaming Control may look at fantasy sports July 28, 2015 by Phil Hevener

Gaming Insider | We can put our money on the likelihood the Gaming Control Board will have a lot to say about the very active world of fantasy sports betting during coming months.

Poker players usually play sports or horses too July 28, 2015 by Scott Schettler

Gaming Yesterday | The Stardust poker room was next to the race and sportsbook. They went together like rum and Coke. Sports bettors might sit at a poker table if the games are on TV in the poker room.

Time for gaming options to match audience July 28, 2015 by GT Staff

The Analyst | Games are not the only issue as to the weakness in casino revenue, there is also the competition for both the customers’ time and where they spend their money. 

Remembering...NCAA calls on Vegas expertise July 28, 2015 by Mark Mayer

Remembering... | Ten years ago this week the NCAA was actually making positive inquiries about working with Las Vegas sportsbooks regarding pointspreads and line movements in college football.

KG Urban bows out of New Bedford bidding July 27, 2015 by Phil Hevener

Developers of a proposed Foxwoods casino on the New Bedford, Mass., waterfront have abruptly backed out of the competition for the state’s fourth casino license because of unanticipated difficulty in securing financing.

Condado Plaza Hilton casino closes in San Juan July 27, 2015 by Phil Hevener

San Juan’s Condado Plaza Hilton casino, one of Puerto Rico’s biggest and best known, has closed after 40 years of operation in what the Associated Press calls another blow to the U.S. territory’s struggling economy.

Galaxy Ent. buys stake in Monaco casinos operator July 27, 2015 by Phil Hevener

​Galaxy Entertainment Group is expanding beyond Macau’s slumping casino business and is acquiring a stake in Societe des Bains de Mer et Cercle des Etrangers at Monaco, a Monaco casinos and hotels operator. 

Numbers paint positive picture of Vegas economy July 27, 2015 by Phil Hevener

Recent numbers paint a picture of a rebounding Las Vegas economy in terms of the number of arriving visitors and increased spending levels in some of the area’s casinos.

Catawbas talk to Hard Rock for brand for NC casino July 27, 2015 by Staff & Wire Reports

The chief of the Catawba Indian Nation said his tribe is negotiating with Hard Rock International to use the brand for a proposed casino in North Carolina. The Seminoles are the “gold standard” for tribal gambling operations.

Florida compact nears expiration July 26, 2015 by Phil Hevener

​What is this, a high stakes game of chicken? That’s the question Florida lawmakers are asking themselves as they look for any sign that Gov. Scott and the Seminole Tribe are moving off positions that have the state not responding...

GamingToday Race and Sports Futures

           Westgate Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technology

Casino Industry

Time for gaming options to match audienceREVENUES LAG

Time for gaming options to match audience

Since the passage in Nevada of the law to liberalize and modernize slot machines, commonly referred to as the Skills Based Slot Machines law, much has been said about how current slot machine products are not in keeping with the desires and interest of the current and coming generations of casino patrons and how the new creative games are needed to attract younger patrons.

READ MORE

Check out our writersCheck out our writers

GamingToday subscription ad