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Chris Sieroty Gaming Guru - Page 4MGM Resorts deemed suitable, Mohegan Sun announces casino deal27 December 2013
MGM Resorts International and its partners Monday were deemed suitable to operate a casino in Massachusetts, a crucial ruling by the state’s gaming commission that brings MGM’s $800 million resort in Springfield one step closer to reality. MGM has proposed building a 250-room hotel with an ... (read more)
For Las Vegas bookmakers, big money is in the championship game16 December 2013
LAS VEGAS -- A majority of the 35 postseason college football bowl games represent only a modest opportunity for Las Vegas bookmakers to boost their bottom lines. But the BCS championship game featuring Auburn and Florida State and a slate of five New Year’s Day bowl games can bring the big money, sports book executives say. ... (read more)
Despite media report, Wynn Resorts is finished with Philadelphia10 December 2013
LAS VEGAS -- Wynn Resorts, Limited’s business relationship with a Philadelphia-based online gaming company does not mean the company is lobbying for legalized Internet wagering or looking to reverse its withdrawn bid for a gaming license application in Pennsylvania, a company spokesman said Monday. Wynn ... (read more)
Tropicana chief sees new retailers at property transforming south Strip2 December 2013
LAS VEGAS -- When a multimillion-dollar retail project debuts at the Tropicana Las Vegas, the hotel-casino’s chief executive expects the new retailers will transform the south end of the Strip. Tropicana Las Vegas Chairman and CEO Alex Yemenidjian says the project, which won’t break ground until next year, is crucial to the historic property’s continued transformation. ... (read more)
Steve Wynn compares effort to outlaw online poker to Prohibition26 November 2013
LAS VEGAS -- Wynn Resorts, Limited Chairman Steve Wynn said Monday he’s undecided whether New Jersey’s decision to legalize online gaming will have a major impact on efforts in Congress to pass any federal legislation legalizing online poker. “I’m not sure as I stand here where online gaming is going,” Wynn said. ... (read more)
Cantor Gaming enters Chinese gambling market with Cantor Club26 November 2013
LAS VEGAS -- Cantor Gaming has expanded to Tianjin, China, with the opening Monday of an 80,000-square-foot lottery club. The Las Vegas-based company said it supplied technology, systems and infrastructure for the Cantor Club. Terms of the deal were not disclosed. Cantor’s latest gaming venture is a partnership with Global Entertainment Investment & Management Co. ... (read more)
Christie to take New Jersey's sports betting fight to U.S. Supreme Court25 November 2013
If New Jersey wants to offer race and sports betting at casinos and racetracks statewide, it is going to need an assist from the U.S. Supreme Court. New Jersey Gov. Chris Christie will ask the Supreme Court to allow the state to move forward with sports gambling after a federal appeals court last week declined to rehear the case, a spokesman said Friday. ... (read more)
Wynn's casino deal in Massachusetts under investigation22 November 2013
LAS VEGAS -- While the Massachusetts Gaming Commission has tentatively scheduled a Dec. 16 suitability hearing for Wynn Resorts, Limited, the company is being investigated by a federal grand jury and two state agencies over whether a felon has hidden ownership in the proposed casino site. The Boston Globe ... (read more)
Woman exec at Wynn Resorts seeks to increase ranks of women in gaming21 November 2013
LAS VEGAS -- Gaming is now a mainstream business with casinos operating nationwide, compared to just Nevada and Atlantic City some 25 years ago. And the business has seen widespread change — multimillion-dollar investments in new resorts, nightclubs and restaurants, along with new technology in slots and more versions of popular table games. ... (read more)
Table games called vital key in casinos' future20 November 2013
LAS VEGAS -- When it comes to gaming in Nevada, table games remain an important part of the casino layout and revenue. As online gaming continues its expansion, table games will become even more important to the financial health of a casino floor, one industry observer said. “Live table play remains a unique (experience) that cannot be replicated online,” David G. ... (read more)
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