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N.J. political figure open to casino gambling expansion

Industry
Boston and Mohegan Sun reach $300 million deal July 12, 2014 by Staff & Wire Reports

Mayor Martin Walsh and Mohegan Sun announced a deal that would provide Boston with at least $300 million in investments over 15 years if the casino company wins a Massachusetts gambling license. 

Nevada regulators recommend online poker network July 11, 2014 by Staff & Wire Reports

The Nevada Gaming Control Board recommended approval for an interactive gaming platform that could be home to links to online poker for a number of casinos. The technology for the site was developed by 888 Holdings.

Maryland casinos report June revenue of $72M July 10, 2014 by Staff & Wire Reports

Maryland’s casinos are reporting gambling revenue of $72 Million for the month of June, up 8.4 percent from the same period last year.

Caesars Ent. says it will consider offers for Showboat July 09, 2014 by Staff & Wire Reports

Caesars Entertainment Corp. (CZR), the parent company of the Showboat Casino Hotel, said it would consider selling the property to another casino operator if it made a reasonable offer and could be licensed.

WSOP honors Chad Brown with a winner's bracelet July 08, 2014 by Phil Hevener

Gaming Insider | This was all about the Westgate hotel and casino once known as the Las Vegas Hilton, Elvis’s home away from home during the glory days of the 1970s.

Westgate Resorts CEO has big plans for former LVH July 08, 2014 by Mark Mayer

Pokin' Around | The former LVH had basically been in limbo the past three years. That all changed last Tuesday. Siegel said big changes will be seen in the first year with no stone unturned except for the Elvis penthouse suite.

Siegel puts 'Super' back in SportsBook at the Westgate July 08, 2014 by Mark Mayer

On the Mark | David Siegel, new owner of the former LVH, said he saw the best sports book in Las Vegas. It was at The Venetian.

Florida gaming revenue up more than $20 million July 08, 2014 by Thompson & Hutchinson

Florida Gaming Report | 2014 Florida gaming’s fiscal year (July 2013-June 2014) draws to a close and overall Net Slot Revenue continues to grow. Through the first 11 months the NSR is already up more than $20 million.

Our own sweet Caroline July 08, 2014 by Eileen Di Rocco

Around Town | It was in Cleveland she developed a love of sports. Her father would take her to Browns games during football season and to their training camp in the off season.

Aristocrat Technologies boosts presence in U.S. July 07, 2014 by Ray Poirier

Aristocrat, the Australian slot machine manufacturer, intends to be a major player in North America as it announced on Monday it will spend $1.3 billion to acquire Video Gaming Technologies Inc. of Franklin, Tennessee.

Possible REIT moves Isle of Capri Casinos stock July 07, 2014 by Ray Poirier

Not many gaming shares have risen nearly 50 percent during the past six months but that is the distinction credited to Isle of Capri Casinos (ISLE), the St. Louis, Missouri, casino operator.

No Las Vegas in Moody's sour mood toward gaming July 07, 2014 by Ray Poirier

Moody’s Investor Service has taken a dim view of gaming growth in America for the immediate future, primarily because revenues reported by the gaming states have dropped in recent months and there probably will be more bad news to come. 

Sheikh to build 'Mall of the World' in Dubai July 07, 2014 by Ray Poirier

One thing about Sheikh Mohammed bin Rashid Al Maktoum, leader of Dubai in the United Arab Emirates: When he commits to a project, it will be done on a grand scale.

Nevada Restaurant Services buying River Palms July 07, 2014 by Ray Poirier

Nevada Restaurant Services Inc., the company that operates the Dotty’s slots facilities in a number of Nevada taverns, has announced the purchase of the River Palms Hotel/Casino in Laughlin, Nevada.

Macau to ban smoking in gaming properties in Oct. July 07, 2014 by Ray Poirier

Among the reasons some analysts have given to explain the recent weakness in the share prices of gaming companies operating in Macau is the recent announcement that smoking will be banned in the gaming properties beginning in October.

N.J. political figure open to casino gambling expansion July 07, 2014 by Ray Poirier

There’s been no recent word from New Jersey Gov. Chris Christie but a major political figure indicated last week he is open to the idea of expanding casino gambling into the northern section of the state.

Yonkers opposes casino being located in Orange County July 07, 2014 by Ray Poirier

The possibility of a casino being located in Orange County, New York, is being fought by the owners of Yonkers Raceway, the harness track/slots facility that stands to be the biggest loser if a casino is approved nearby.

No delay in deciding Boston area casino license winner July 07, 2014 by Ray Poirier

There will be no delay in deciding whether Wynn Resorts Ltd. (WYNN) or Mohegan Sun is the winning bidder for a casino license designated for the Boston area, says the Massachusetts Gaming Commission.

Mass. challenges Aquinnah Wampanoag's casino plans July 07, 2014 by Ray Poirier

Massachusetts is challenging the plans of the Aquinnah Wampanoag Tribe to build a casino on the western tip of Martha’s Vineyard but officials found out last week they had taken their contention to the wrong court.

Aria fined $100,000 for barring state agents July 07, 2014 by Ray Poirier

Aria, the Las Vegas Strip casino operated by MGM Resorts International (MGM), has agreed to pay a $100,000 fine for preventing two agents of the Nevada Gaming Control Board from observing the gaming activity at a roulette wheel.

Casino Industry

Westgate Resorts sign changesWESTGATE RESORTS

'I will make it better than ever'

The former LVH had basically been in limbo the past three years with no plans to spend any money. “We plan to bring it back to its glory. I will make it better than it was originally,” said David Siegel, president and CEO of Westgate Resorts.

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