 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Chris Sieroty Archives
More Strategy Experts
|
Chris Sieroty Gaming Guru - Page 3CG Technology to pay record $5.5 million settlement for illegal bets complaint14 January 2014
LAS VEGAS -- CG Technology, the gambling subsidiary of Wall Street firm Cantor Fitzgerald LP, will pay the largest fine in Nevada history to settle an 18-count complaint that the company or its CEO should have known one of its top executives was accepting illegal bets. The Las Vegas-based bookmaker will pay ... (read more)
Hakkasan completes acquisition of Enlightened Hospitality Group14 January 2014
LAS VEGAS -- Hakkasan Ltd., which operates the 64,000-square-foot Hakkasan Las Vegas at the MGM Grand Las Vegas, has taken majority ownership of Enlightened Hospitality Group, the hospitality company said Monday. Financial terms of the deal were not disclosed. Based in San Diego, Enlightened Hospitality Group operates Searsucker and Herringbone restaurants in California and Texas. ... (read more)
Banks reject use of plastic for online gambling sites13 January 2014
As more states debate legalizing online gaming, the three states that permit Internet wagering have experienced few complications beyond some banks and financial institutions refusing to approve credit and debit card transactions. Credit card issuers J.P. Morgan Chase, Wells Fargo, American Express won’t ... (read more)
Wynn Macau appoints Gamal Aziz president8 January 2014
LAS VEGAS -- Wynn Macau Limited, the Macau subsidiary controlled by Wynn Resorts, Limited, on Tuesday appointed Gamal Aziz president, and he will immediately assume the position from Steve Wynn. Wynn will continue to serve as CEO and chairman of Wynn Macau. Aziz, 57, joined Wynn Resorts about a year ago as president and COO of the company’s new development division, Wynn Resorts Development LLC. ... (read more)
CG Technology, Nevada gaming regulators tentatively settle complaint7 January 2014
LAS VEGAS -- CG Technology, formerly Cantor Gaming, and the Nevada State Gaming Control Board Gaming Commission have reached a tentative agreement to settle a complaint state gaming regulators filed Monday. “I can confirm we’ve had long negotiations over the weekend,” Gaming Control Board Chairman A.G. ... (read more)
Cantor Gaming changes its name to CG Technology7 January 2014
LAS VEGAS -- Cantor Gaming, a technology and sports book company, is changing its name to CG Technology and expects to seek an initial public offering in the future, the Las Vegas-based company announced Monday. In a statement, the company said the new identity reflects its position as a technology firm offering mobile casino gaming and race and sports book products and services. ... (read more)
Global Cash Access renews, expands MGM Resorts contract2 January 2014
LAS VEGAS -- Global Cash Access Inc. has renewed its cash services contract with MGM Resorts International, an agreement one analyst believes could be worth up to $8 million in additional revenue in 2014. Under the agreement, Las Vegas-based Global Cash Access will continue to provide the gaming company cash access services, and will install ticket redemption kiosks at MGM Resorts properties. ... (read more)
Wynn Resorts found suitable to build Massachusetts casino30 December 2013
The Massachusetts Gaming Commission announced Friday that it had found Wynn Resorts, Limited suitable to hold a gambling license in the state, as its proposed Wynn Everett project moves one step closer to breaking ground. The Las Vegas-based gaming company has proposed a $1.2 billion resort-casino in Everett on the site of a former Monsanto chemical plant. ... (read more)
Nevada gaming regulators accuse Bally Technologies of not registering employees27 December 2013
LAS VEGAS -- Bally Technologies, Inc. received some coal in its Christmas stocking this year, as gaming regulators filed a complaint accusing the slot machine manufacturer and operator of failing to register employees with the state. The Nevada Gaming Commission and Control Board filed the 28-count complaint on Christmas Eve. ... (read more)
Nevada Gold & Casinos refinances debt, posts second-quarter profit27 December 2013
LAS VEGAS -- Nevada Gold & Casinos, Inc., a Las Vegas-based gaming company, expects to begin the new year in a stronger financial position after refinancing its long-term debt with a new five-year, $12.75 million revolving line of credit. “Not only did we significantly reduce our borrowing rate from an ... (read more)
< Previous 10 Articles | Next 10 Articles > |