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Howard Stutz Gaming Guru - Page 11Nevada ethics commission OK's Mulroy's appointment to Wynn Resorts board19 October 2015
Pat Mulroy's appointment to the Wynn Resorts Ltd. board has been approved by the Nevada Commission on Ethics, allowing the now-former Gaming Commission member to avoid the state's one-year cooling off period for casino regulators, her attorney said Friday. Mulroy's resignation from the Gaming Commission went to Gov. ... (read more)
Nevada AG: DraftKings executive called DFS 'almost identical to a casino'19 October 2015
The Nevada attorney general's office determined that daily fantasy sports constituted sports wagering after it was discovered the chief executive of DraftKings said his website was "almost identical to a casino." DraftKings CEO Jason Robins made the comments on Reddit.com, an entertainment, social networking and news website where registered members can submit content. ... (read more)
Fitch analyst skeptical about regional casino markets19 October 2015
Alex Bumazhny used the big stage of the Global Gaming Expo to cast some doubt on the regional casino markets. Bumazhny, lead gaming analyst for Fitch Ratings Service, said the reasons often cited for growth in regional casino operations — improvements in the U.S. economy and positive trends for consumers, ... (read more)
Penn National planning better dining options for Tropicana19 October 2015
It was a bit surprising to hear the chief executive of a major casino operator describe the Strip resort his company recently bought for $360 million as a "dormitory." The comment about the Tropicana Las Vegas wasn't meant to be derogatory. Penn National Gaming CEO Tim Wilmott said the regional gaming ... (read more)
Nevada gaming regulators demand daily fantasy sports sites apply for license16 October 2015
Nevada gaming regulators banned unlicensed daily fantasy sports websites from providing their product to Silver State customers, saying the activity constitutes sports wagering. In an order filed by the Gaming Control Board Thursday, the agency said daily fantasy sports websites, such as DraftKings and FanDuel, can apply for a Nevada gaming license to operate a sports pool. ... (read more)
Wynn levels criticism at Macau for table game allocation16 October 2015
The love affair between Steve Wynn and Macau is on the rocks. The chairman and CEO of Wynn Resorts Ltd., expressed frustration Thursday that he does not yet know how many table games the Macau government will allocate the $4 billion Wynn Palace, which is expected open on March 25. The property is set up for 500 gaming tables. ... (read more)
Penn National, D Las Vegas, join Nevada Resort Association16 October 2015
Penn National Gaming, which owns the Tropicana Las Vegas and M Resort, and The D Las Vegas have joined the Nevada Resort Association, the trade group announced Thursday. Bob Sheldon, president of the Tropicana and M Resort, and D Las Vegas CEO Derek Stevens will join the Resort Association board. "Their ... (read more)
Amaya exec calls for more regulation of daily fantasy sports15 October 2015
The owner of online gaming giant PokerStars.com said daily fantasy sports needs to be regulated after questions surfaced in recent weeks over the activity's legality and incidents surrounding the industry's two largest operators. Montreal-based Amaya Inc., which operates the fantasy sports site StarsDraft, ... (read more)
Station Casinos announces plans for initial public offering14 October 2015
Station Casinos, which has been privately held since 2008, announced plans Tuesday for an initial public offering that will return the company to the stock market. The casino operator filed an S-1 registration statement with the Securities and Exchange Commission announcing plans to sell stock in the company. ... (read more)
New Jersey approval of PokerStars could boost online wagering prospects14 October 2015
Amaya Inc.'s $4.9 billion wager is about to pay off. New Jersey gaming regulators, after an intensive licensing investigation that lasted more than year, gave PokerStars.com approval to offer Internet gambling in the state on Sept. 30. PokerStars is viewed as the elixir that could revive the stagnant U.S. ... (read more)
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