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Chris Sieroty Gaming Guru - Page 29Nevada gaming revenues up 6.1 percent to $855.7 million in April13 June 2012
Nevada gambling revenues rose more than 6.1 percent in April, to $855.7 million, compared with the same month last year, the state Gaming Control Board announced Tuesday.
The single-digit increase was a return to the plus side after a 10.8 percent decline in March.
The state posted revenue ... (read more)
Bally Technologies, Aristocrat unveil partnerships with two gaming companies13 June 2012
Bally Technologies, Inc. and Aristocrat Technologies, Inc. on Tuesday unveiled alliances with other gaming companies aimed at expanding their online presence globally as well as business-to-business product offerings.
Bally will work with gaming supplier Shuffle Master, Inc. and online poker provider Ongame Network Limited to jointly develop a poker and iGaming platform. ... (read more)
Adventure brought Cantor Gaming exec westward11 June 2012
Whitney Thier grew up in suburban Scranton, Pa., before heading off to Dartmouth College.
She wasn't different from most of her friends, who like her went to New York after graduation to work as investment bankers. But after several years working on Wall Street, Thier decided she wanted to go in a new direction and attend law school. ... (read more)
Nevada regulators recommend approval for British bookmaker William Hill8 June 2012
William Hill plc, a British land-based and online bookmaker, was recommended on Thursday by state gaming regulators to receive its license to operate three racebook and sportsbook companies as well as mobile wagering apps in Nevada.
The recommendation by the three-member Gaming Control Board means ... (read more)
Palms kicks off new phase of $50 million upgrade6 June 2012
Joseph Magliarditi is finishing his first year at the helm of The Palms Casino Resort on a positive note. The president of the off-Strip resort has overseen a number of changes to the casino and will now finish what will be a $50 million renovation and upgrade of the 11-year-old property. "A lot of changes have been happening around here," Magliarditi said Tuesday. ... (read more)
Gold Rush Casino to reopen as Wildfire Sunset6 June 2012
Wildfire Gaming plans to open its fourth location in Southern Nevada, a company spokeswoman confirmed Tuesday. Lori Nelson, vice president of corporate communications with Station Casinos LLC, said the Gold Rush Casino in Henderson closed Friday and will reopen in three to four months as Wildfire Sunset. ... (read more)
Size of Wynn's Macau play surprises industry analysts6 June 2012
Wynn Resorts Holdings, LLC said Tuesday that its casino-resort project in China's special gambling district will cost $4 billion, just shy of the $4.4 billion price of Las Vegas Sands Corp.'s new Sands Cotai resort.
Steve Wynn, chairman of Las Vegas-based Wynn Resorts, revealed the project's budget at a ... (read more)
William Hill shuts down Australian betting website5 June 2012
British bookmaker William Hill plc has shut down its online sports wagering business in Australia, likely to protect its pending application for a Nevada Gaming license.
The London-based company was unavailable for comment Monday, but in an e-mail to customers reported by Australia's Sports Book Review, ... (read more)
Cantor Entertainment withdraws $100 million IPO31 May 2012
Cantor Entertainment Technology Inc., an affiliate of financial services firm Cantor Fitzgerald L.P., has withdrawn its plans for an initial public offering.
The company, which operates a mobile gaming system, sought the withdrawal because it expects to submit a new registration confidentially at a later date, according to a filing Friday with the U.S. ... (read more)
Cosmopolitan sues to shut down bogus website24 May 2012
The Cosmopolitan of Las Vegas has filed a lawsuit in federal court claiming a Chinese website operator is operating a bogus version of the resort's website. The lawsuit, filed in U.S. District Court in Las Vegas on Tuesday, asks for an injunction requiring the domain name registrar, Jiangsu Bangning Science & Technology Co. ... (read more)
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