New feel, new story as The Hotel becomes Delano
By Howard Stutz, Las Vegas Business Press MGM Resorts International announced plans in 2013 to re-brand The Hotel into Delano Las Vegas, company officials said the 11-year-old property would be given a new look from top to bottom. Details of…
MACAU CASINO JUNKET SHAREHOLDER ABSCONDS WITH $1.3B OF INVESTOR FUNDS
The apparent billion-dollar heist of a Macau casino junket operator has underscored the volatility surrounding Macau’s VIP gambling business. Huang Shan, a shareholder in the Kimren Group (aka Jin Lin) VIP gaming promoter, reportedly absconded with between HKD 8b and…
Mexico Suspends 3 Federal Judges in Casino Probe
Shocking that there is corruption in Mexico! Three Mexican federal judges have been suspended pending an investigation into court judgments that benefited casino owners, the judiciary announced Thursday. The Federal Judiciary Council said in a statement that a disciplinary process…
MGM's proposed design of the $925 million National Harbor casino puts the project a step closer to breaking ground
MGM National Harbor casino is headed for construction. The Prince George’s County Planning Board on Thursday gave approval to a plan by the Nevada-based gaming giant MGM Resorts International for a luxury casino resort on the banks of the Potomac…
Biloxi: Southr Gaming Summit; industry needs to attract younger customers and market casinos for the value they provide
BILOXI — In 2013, Internet gambling was the hot topic at the Southern Gaming Summit. This week’s discussions kept coming back to how the industry is going to bring younger customers to the tables and slot machines. Figuring that out…
Caesars boss: More Atlantic City casinos should close.
ATLANTIC CITY, N.J. (AP) – The CEO of Caesars Entertainment says Atlantic City has too many casinos and one or more of them needs to close. During an earnings conference call on Wednesday, Gary Loveman said that Atlantic City has…
Caesars Entertainment restructures debt to avoid $1 billion in 2015 payments
Caesars Entertainment chairman Gary Loveman. The man who single handedly ruined the Horseshoe Tunica and a lot of other great games for all players in Vegas and beyond. But they do have a great marketing system. By HOWARD STUTZ LAS…
Las Vegas casino icon Burton Cohen dies
Burton Cohen, left, speaks with mobster Morris "Moe" Dalitz at a 35th Anniversary party at the Desert Inn hotel-casino in Las Vegas, April 2, 1985. By HOWARD STUTZ LAS VEGAS REVIEW-JOURNAL Gaming industry icon Burton Cohen, who managed some of…
$4 billion Resorts World licensing looks like a sure thing
The Resorts World Las Vegas project by the Genting Group would occupy the site where the Stardust stood for nearly five decades. Boyd Gaming officials halted construction on Echelon in 2008, and economic uncertainties have kept the project on hold…
Clouds gather over Crown as Australian police probe Packer brawl
Reuters: Australia May 7 (Reuters) – Police are investigating a public brawl between James Packer, one of Australia’s richest men, and a television executive, which could jeopardise regional expansion plans for Packer’s casino business if it leads to a criminal…