IGT stock soars on 1st day as new company
What a day Tuesday for International Game Technology. It began with the official completion of the $6.4 billion merger/acquisition by Italy-based GTECH, first announced last summer and which retains the iconic IGT name dating to the 1970s in Reno. Then…
Suicide at M Resort blamed on loss of free buffet for life
The day before he put a gun to his head and killed himself at an M Resort buffet on Easter, a Las Vegas man filled a box with his complaints against the resort and its employees and mailed it to…
Tiger Woods Win at Masters Would Mean Loss for Vegas Sportsbooks
Erik Matuszewski, Bloomberg · April 7, 2015 at 11:32 am (Bloomberg) — Tiger Woods last won a golf tournament 20 months ago and has plummeted to 111st in the world rankings, the lowest he’s ever been in his professional career….
Maryland casino revenues reach $91 million
Maryland’s casinos reported that revenue in March reached $91 million, a 10 percent increase over February when operators blamed sluggish business on the harsh winter. The Horseshoe Casino Baltimore, the state’s newest casino that opened in August, brought in $24.7…
Gaming regulators scold Caesars, calling company’s bankruptcy an embarrassment
To get a sense of just how complicated the bankruptcy of Caesars Entertainment’s main operating division is, picture a Chicago courtroom filled with 200 lawyers, all working on the case. That’s a real situation Caesars faced recently, general counsel Tim…
Reid striving to add ban on online gaming to his political legacy
One of Sen. Harry Reid’s priorities in his remaining months in office is to outlaw online gaming. Asked in a radio interview last week about a proposed ban in Congress, Reid said “online gaming is not good for our country”…
State officials refuse to issue permit for Wynn casino
Architectural rendering of the Wynn Resorts casino in Everett. The Baker administration on Friday refused to issue a crucial permit that Wynn Resorts needs to move forward with plans to build a massive, $1.7 billion casino complex overlooking the Mystic…
Bill calls for constitutional amendment to allow gambling on Native American lands in Texas
In alliance with the Alabama-Coushatta and the Ysleta del Sur Pueblo tribes, state Reps. Senfronia Thompson (D-Houston) and James White (R-Woodville) authored a resolution in March that would authorize gambling on all Native American lands. If passed, House Joint Resolution…
Brinks courier accused of stealing casino deposit bag
Associated Press SHREVEPORT, La. (AP) — Louisiana State Police say a 35-year-old courier for Brinks Inc. is accused of stealing nearly $355,000 in deposits from the Horseshoe Casino. Trooper Matt Harris says Anhkim Le of Shreveport was arrested Friday and…
VIP Gambling: As High Rollers Desert Macau, Can Other Asian Destinations Win Big?
MACAU — The crowd inside the Sands Macau casino is thick and raucous, but evidence of high rollers is scant. Men wearing track-suit pants and fanny packs vastly outnumber those attired in Armani, and the gambling tables that are crowded…