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Howard Stutz Gaming Guru - Page 87Singapore casinos produce $6 billion in gaming revenue in 2013; market still trails Las Vegas Strip24 February 2014
LAS VEGAS -- To use an Olympics reference, Las Vegas won the silver medal for the second straight year. Singapore’s two casinos experienced a 3.8 percent increase in gaming revenues during 2013, but it wasn’t enough to carry the island nation past the Strip. The Marina Bay Sands, which is owned by Las ... (read more)
Nevada regulators OK $1 million fine against Peppermill Casino owners21 February 2014
LAS VEGAS -- State gaming regulators signed off on a $1 million fine Thursday against owners of the Peppermill Resort Spa Casino Reno after the property’s owners admitted they allowed an employee to use a common slot machine “reset” key on games operated by competing Northern Nevada casinos to steal proprietary information. ... (read more)
South Point begins "soft launch" of online poker website20 February 2014
LAS VEGAS -- Nevada finally has its third real money Internet poker website. Real Gaming began its soft launch phase this week, joining UltimatePoker.com and WSOP.com in offering regulated online gaming to gamblers within Nevada’s boundaries. The website is owned by Michael Gaughan’s South Point Hotel ... (read more)
Galaxy Gaming wins license in Arizona20 February 2014
LAS VEGAS -- Las Vegas-based Galaxy Gaming has been licensed in Arizona to place non-traditional table games and wagering enhancements in Indian casinos. Arizona is one of the faster-growing Indian gaming markets, according to the most recent Indian Gaming Industry Report by Casino City. In 2011, the ... (read more)
MGM Resorts chairman: 2013 "best operating performance since recession"20 February 2014
LAS VEGAS -- MGM Resorts International ended 2013 on an upbeat note. Company Chairman Jim Murren told investors Wednesday that 2014 is off to an equally good beginning. The casino company, which operates 10 resorts on the Strip, said it reduced its fourth-quarter net loss while growing revenues more than 9 percent during the three-month period that ended Dec. ... (read more)
Cromwell rooftop pool club to open Memorial Day weekend19 February 2014
LAS VEGAS -- The 65,000-square-foot day-club and nightclub pool deck on the roof of the redeveloped Cromwell will open Memorial Day weekend, Caesars Entertainment Corporation announced Tuesday. The area, which is being designed an operated by Victor Drai, is located on the 11th floor of The Cromwell and includes Drai’s Beach Club - Nightclub, offers panoramic views of the Strip. ... (read more)
Purported hackers of Las Vegas Sands websites surface, taunting19 February 2014
LAS VEGAS -- Someone claiming to be the hackers who knocked Las Vegas Sands Corp. off the Internet for nearly a week has posted an 11-minute video purporting to show stolen internal company information and taunting the international casino operator. The video was e-mailed to several media outlets and was posted to YouTube.com late Monday. ... (read more)
Inside Gaming: Scorn troopers sow fear of Net bets17 February 2014
LAS VEGAS -- If there’s one thing we learned from last week’s telephone press conference by the Coalition to Stop Internet Gambling it’s that all five speakers “were honored” to be on the 45-minute call. They said so, several times. That, and Internet gambling is responsible for every ill known to mankind. ... (read more)
The merger man: Sanfilippo drew on experience in deal for Ameristar17 February 2014
LAS VEGAS -- Pinnacle Entertainment, Inc. CEO Anthony Sanfilippo drew upon his experience in corporate mergers in overseeing his company’s $2.8 billion acquisition of rival Ameristar Casinos in 2013. In the six months since the buyout’s completion, Pinnacle has become a new company under its old name. ... (read more)
Caesars interactive subsidiary buys fourth social gaming business17 February 2014
LAS VEGAS -- Caesars Entertainment Corporation’s interactive subsidiary has acquired an Israel-based social gaming business, the company’s fourth deal in the past few years to expand its presence in the growing free-to-play gaming market. Caesars did not disclose financial terms to acquire Pacific Interactive, which owns the slot machine-style, free-play application House of Fun. ... (read more)
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