Wynn’s thoughts on Internet gaming: Not much
Casino operator Steve Wynn used his Tuesday afternoon keynote address at the Global Gaming Expo to clearly state his position on legalized Internet wagering. When answering an audience question, read by American Gaming Association President Geoff Freeman, that sought his…
Casino marketers need to step up their game with Millennials
When I come to the casino, I’ll have six of my buddies with me and we want a blackjack table so that all of us can play and interact at the same time. I have a list of our favorite…
MGM Resorts Considers Fantasy Sports Investment, CEO Says
Bloomberg) — MGM Resorts International, the largest operator of casinos on the Las Vegas Strip, is considering investing in fantasy sports leagues, Chief Executive Officer Jim Murren said. The company, based in Las Vegas, plans discussions with regulators in states…
Court rules in case tied to jailed casino boss
MONTGOMERY, Ala. (AP) – The Alabama Supreme Court has sided with a bank in a fight over the troubled finances of jailed casino developer Ronnie Gilley. The ruling Tuesday involved a $100,000 check that Ronnie Gilley Properties wrote to Cile…
Icahn: Atlantic City’s Savior Or Overseer
The latest potential savior for Atlantic City’s Trump Taj Mahal casino is one many had been hoping would step in—billionaire Carl Icahn. According to a report in the New York Post—which quoted unidentified sources—Icahn is considering investing $100 million into…
Major sports leagues, NCAA challenge New Jersey on sports gambling
NEWARK, N.J. (AP) – Four major professional sports leagues and the NCAA filed a court challenge to the state’s latest attempt to offer legal sports gambling on Monday, calling the effort “astounding,” ”specious” and a “blatant violation” of an earlier…
Trump Taj Mahal demands concessions from workers, lenders, government to stay open
Personal note from Pit Boss. When Nick@Nite and I went in there last week, the place was nearly empty and you can see the dread on the workers faces. It was sad to see all those people that may have…
Evolve Vegas NYE expanding Las Vegas’ gay tourism market
Richard N. Velotta, Las Vegas Review-Journal Sitting in her modest office at The Lakes, it occurs to Mya Reyes that her career path has led her to one of the boldest tourism initiatives the city has ever seen — a…
Macau Casino Bonds Slump as Xi Probe Spooks VIPs: China Credit
(Bloomberg) — Macau casino bonds are plunging as President Xi Jinping’s corruption crackdown against “flies and tigers” spooks VIP gamblers. The yield on Wynn Macau Ltd.’s notes due October 2021 jumped 86 basis points this month and touched a record…
Gaming regulators OK ownership change, talk medical marijuana
The Nevada Gaming Commission on Thursday approved an ownership change in the Mountain View Casino in Pahrump, which returned a member of the Herbst family to the gaming industry. But the discussion was more about medical marijuana. A group headed…