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Howard Stutz Gaming Guru - Page 143Illinois residents don't favor statewide gaming expansion, including a Chicago casino15 October 2012
Prospects for a casino in downtown Chicago took a hit over the weekend. A poll conducted by the Chicago Tribune and WGN-TV found that 47 percent of Illinois residents oppose gambling expansion. The numbers have turned around since February when a survey showed 50 percent of voters statewide approved of gambling expansion. ... (read more)
Moody's: Gaming company high yield bonds offer investors increased protection11 October 2012
LAS VEGAS -- High-yield bonds issued by gaming companies, including the CityCenter developers, offer more investor protection than those of nonfinancial companies, an analyst for Moody's Investor Service said Tuesday. In a report issued by the debt advisory service, Moody's Senior Vice President Keith Foley ... (read more)
Companies shop cautiously at Global Gaming Expo11 October 2012
LAS VEGAS -- David Brake, general manager of the StoneWolf Casino in central Oklahoma, ignored high-priced themed slot machines at last week's Global Gaming Expo (G2E) and focused on video poker. Jack Fabre, director of gaming operations at the Shooting Star Casino in Mahnomen, Minn., checked out games offered at every slot machine manufacturer's G2E booth. ... (read more)
Penn National getting its bucks in a row to battle gaming expansion in Maryland11 October 2012
The chief financial officer of Penn National Gaming promises the regional casino giant will continue to spend aggressively to defeat a gaming expansion initiative in Maryland. The company may even set a new benchmark for political spending in Maryland. The most expensive political campaign in Maryland was ... (read more)
Bwin.Party's online poker celebration will have to wait11 October 2012
LAS VEGAS -- Earlier this year, Bwin.Party Digital Entertainment plc co-Chief Executive Officer Jim Ryan was asked to deliver a Global Gaming Expo keynote address. He thought the event would be a victory lap. At the time, chances seemed to favor Congress voting to legalize Internet poker. Gibraltar-based bwin.party had three partnership agreements in place to jump into the U.S. ... (read more)
Former MGM Resorts exec Creighton rejoins company10 October 2012
LAS VEGAS -- Former MGM Resorts International executive Lorenzo Creighton has rejoined the casino operator and will focus on the company's efforts to develop hotel-casinos in potential eastern U.S. gaming markets. Creighton, who has more than two decades of experience in government affairs, gaming ... (read more)
The power of "Pawn"8 October 2012
LAS VEGAS -- A few years ago, Rick Harrison was basically "a nerd running a pawn shop" when television cameras from the History Channel turned his family business into an internationally recognized product. So why not put the whole group from the Gold & Silver Pawn Shop on a slot machine? "It's definitely ... (read more)
Shuffle Master changing name to incorporate multiple products3 October 2012
LAS VEGAS -- Good-bye, Shuffle Master. Hello, SHFL Entertainment. The gaming equipment provider told investors Monday morning it was changing its name to reflect the company's products, including nontraditional table games, automated playing card shufflers and other casino management systems, electronic gaming tables and Internet gaming technology. ... (read more)
Bally lands Illinois contract25 September 2012
Bally Technologies secured contracts to place 4,000 slot machinelike video lottery terminal in Illinois, gaining more than 50 percent of the emerging gambling market. The company announced the deal Tuesday shortly after the stock markets closed. The Las Vegas-based slot machine manufacturer did not disclose any financial terms of the transaction. ... (read more)
Stratosphere's parent company tabs Bally for online poker24 September 2012
Bally Technologies will provide an interactive gaming system to the parent company of the Stratosphere, which was licensed last week by Nevada gaming regulators to operate an online poker website. Terms of the deal were not announced. American Casino & Entertainment Properties said it plans to launch a ... (read more)
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