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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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, 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.
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.