 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Howard Stutz Archives
More Strategy Experts
|
Howard Stutz Gaming Guru - Page 58Macau suffers fourth straight monthly gaming revenue drop7 October 2014
A combination of market-stifling issues sent Macau’s casino industry to an 11.7 percent gaming revenue decrease in September, the region’s largest single-month decline in more than five years. Analysts warned Monday that the Chinese gaming enclave, which has experienced four straight monthly revenue dips, hasn’t bottomed out. ... (read more)
KOA pulling up stakes on Strip, moving to Boulder Highway6 October 2014
Kampgrounds of America is moving its designated recreational vehicle park in Las Vegas from the Strip to the Boulder Highway. KOA and Boyd Gaming Corp. announced an agreement this week to re-brand the Sam’s Town RV park as Las Vegas KOA at Sam’s Town. Under terms of the lease agreement, KOA assumed operations Wednesday of the 500-space RV park adjacent to Boyd’s Sam’s Town. ... (read more)
Inside Gaming: Gaming revenue distinguishes commercial, Indian casinos6 October 2014
The lines between the commercial casino industry and Indian gaming are seemingly evaporating. Caesars Entertainment Corp. runs Indian casinos in Phoenix, San Diego and North Carolina through its Harrah’s brand. Station Casinos opened one of the largest California Indian casinos near Sacramento in 2003 and managed the property for seven years. ... (read more)
Global Cash CEO says Multimedia Games deal a class apart3 October 2014
LAS VEGAS -- GCA - Global Cash Access CEO Ram Chary believes some opinions in the investment community might be off a bit when it concerns the company’s planned $1.2 billion acquisition of slot machine manufacturer Multimedia Games, Inc. The deal is not like any of the other high-profile gaming equipment-sector consolidations discussed this week at the Global Gaming Expo (G2E) 2014. ... (read more)
Adelson reiterates his opposition to Internet gaming2 October 2014
LAS VEGAS -- Steve Wynn was just the warm-up act. A day after Sheldon Adelson’s “good friend” told the Global Gaming Expo (G2E) 2014 he opposes the legalization of Internet gaming, the Las Vegas Sands Corp. chairman served as the headliner. In a full-throated beat-down, Adelson, 81, enumerated all the reasons why he opposes the legalization of Internet gaming. ... (read more)
Slots still seen as attractive part of casino mix2 October 2014
LAS VEGAS -- Not surprisingly, the slot machine manufacturing industry believes it is still relevant in a casino world in which revenue from nongaming elements has increased its overall influence. But one slot machine company chief executive thought gambling-equipment providers could do more. “I have yet ... (read more)
Gaming's $240 billion impact noted; Murren eyes fantasy sports1 October 2014
LAS VEGAS -- The commercial and tribal gaming industries had a combined economic impact on communities where they are located of nearly $240 billion in 2013, according to a study conducted by the research arm of Oxford University. The findings, released as the Global Gaming Expo (G2E) 2014 began its ... (read more)
Credit CEO Haddrill for Bally’s sound financial status1 October 2014
LAS VEGAS -- Richard Haddrill’s second term as CEO of slot machine giant Bally Technologies, Inc. will be short-lived. Seventeen months after he handed the reins of the gaming equipment manufacturer to his hand-chosen successor, Haddrill gave up his chairman’s seat and returned to the CEO’s desk on May 23. ... (read more)
Wynn's thoughts on Internet gaming: "Not much"1 October 2014
LAS VEGAS -- Casino operator Steve Wynn used his Tuesday afternoon keynote address at the Global Gaming Expo (G2E) 2014 to clearly state his position on legalized Internet wagering. When answering an audience question, read by American Gaming Association President Geoff Freeman, that sought his thoughts on Internet gaming, the chairman and CEO of Wynn Resorts, Limited was succinct. ... (read more)
Adelson slips one spot on the Forbes list30 September 2014
LAS VEGAS -- Las Vegas Sands Corp. Chairman Sheldon Adelson grew his net worth in 2014, but fell one spot in the Forbes ranking of the richest people in America. Adelson, 81, was listed as both the gaming industry’s and Nevada’s top name on the annual ranking, which came out Monday. His net worth of $32 ... (read more)
< Previous 10 Articles | Next 10 Articles > |