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Travel Casinos and Gaming


  • Will Macau's gaming revenue continue to fall? Thursday, 1 Oct 2015 | 6:33 PM ET
    Will Macau's gaming revenue continue to fall?

    Somesh Agarwal, senior analyst at Macquarie Securities Group, says additional capacity in Macau will likely continue to weigh on the gaming revenue and profitability of casino operators.

  • James Russell Cooper Jr. and Mark William Branco were fired by the Bellagio after the scheme came to light and they were arrested in July 2014, prosecutor Jay P. Ramen said Thursday. Cooper and Branco are named with Jeffrey D. Martin and Anthony Grant Granito in a 60- count indictment filed Wednesday. The dice game scam involved the dealers accepting late or unclear...

  • Caesars' new CEO shocked with lack of casino innovation Wednesday, 30 Sep 2015 | 1:59 PM ET

    LAS VEGAS— New Caesars Entertainment Corp. CEO Mark Frissora said he's been shocked at the casino industry's lack of innovation in appealing to younger would-be gamblers. "The time is now," he said, speaking Wednesday on a panel at the industry's annual trade show, the Global Gaming Expo, in Las Vegas. Frissora described himself as an outsider during one of his first...

  • Buying into Vegas at bargain basement prices Wednesday, 30 Sep 2015 | 12:56 PM ET
    Tropicana Las Vegas

    The market for distressed properties has spread from the housing market to the very heart of Sin City.

  • Nevada gambling revenue down 1 percent in August Wednesday, 30 Sep 2015 | 12:41 PM ET

    CARSON CITY, Nev.— Nevada gambling revenue in August dropped a little more than 1 percent from a year earlier, pulled down by an ongoing slide in baccarat play linked to a wavering economy in China. The Nevada Gaming Control Board said Wednesday that the state's casinos kept $908 million of the money gamblers wagered in August, which is down 1.4 percent from August...

  • Come play with us: Casinos try to draw millennials Wednesday, 30 Sep 2015 | 10:50 AM ET
    Casinos are trying to find new ways to attract millennials.

    This week at the Global Gaming Expo, the industry is trying to figure out how to attract a younger crowd with new interests.

  • American Gaming Association CEO Geoff Freeman said Tuesday that illicit gambling damages the industry's credibility with policy makers and the public and steals away customers. Of those, the study looked at 10 cases of online sports betting and unregulated casino parlors linked to larger crime syndicates including the New York and Philadelphia Cosa...

  • *Tourism overtakes coal as Australia's No.2 export earner. SYDNEY/ WELLINGTON, Sept 30- Australia and New Zealand risk losing a global arms race for big-spending Chinese holidaymakers unless they improve their services and infrastructure, jeopardizing hopes that tourism will fill the economic hole left by the commodities downturn. "We're number one in terms...

  • MGM's Murren: Macau 'ugly' but Vegas 'better' Tuesday, 29 Sep 2015 | 2:01 PM ET
    Chairman and CEO of MGM Resorts International Jim Murren

    It has not been a good year to be a shareholder in a major casino company. But the CEO says, "We're doing better, thank God."

  • LAS VEGAS— Move aside one-armed bandits. The casino floor is making room for game zones with oversized popping dice, digital spinning Big Six wheels and virtual roulette, with an eye on adding arcade-style video games in the not-so-distant future. Casinos across the country, with few exceptions, have been keeping more of what's wagered on slots, according to...

  • NEW YORK, Sept 25- A billionaire Macau developer arrested for lying to U.S. customs officials about why he brought $4.5 million in cash into the United States was subpoenaed in 2014 as part of a separate foreign bribery investigation, a source familiar with the matter said on Friday. But Ng's name has repeatedly surfaced in a private lawsuit against billionaire...

  • BOSTON— Massachusetts gambling regulators expressed concern and frustration Thursday over major revisions MGM has proposed for its $800 million Springfield casino that regulators say took them by surprise. Las Vegas- based casino giant MGM wants to eliminate a 25- story hotel tower and a separate building for residential apartments from the downtown...

  • ALBUQUERQUE, N.M.— Leaders and tribe members of an American Indian community in New Mexico plan to pack a federal courthouse in Colorado next week for arguments in a case they say could affect the way tribes and states negotiate gambling compacts. A hearing in the case of Pojoaque Pueblo is scheduled Monday before the 10th U.S. Circuit Court of Appeals in Denver.

  • VIP revenue stream never coming back: Pro Wednesday, 23 Sep 2015 | 5:35 PM ET
    VIP revenue stream never coming back: Pro

    The outlook for casinos and the best way to play the space with Harry Curtis, Nomura Securities.

  • SAO PAULO/ BRASILIA, Sept 22- Brazil's cash-strapped government is in talks with lawmakers over legalizing gambling to increase revenues as Congress balks at President Dilma Rousseff's efforts to overcome a budget deficit by raising other taxes. Brazil has banned casinos since 1946 and it outlawed bingo halls in 2007 amid concerns they facilitated money...

  • Borgata Casino regulating weight of waitresses Friday, 18 Sep 2015 | 10:00 AM ET
    Borgata Casino regulating weight of waitresses

    An appeals panel ruled that the Borgata casino can regulate the weight of its cocktail waitresses.

  • Panel upholds casino's 'Borgata Babes' weight limit Friday, 18 Sep 2015 | 8:26 AM ET
    Visitors enter the Borgata Hotel and Casino in Atlantic City, N.J.

    An appeals panel has upheld the Borgata casino's policy of regulating how much its cocktail waitresses can weigh.

  • TOKYO, Sept 17- Japan's Universal Entertainment Corp said it has dropped demands for damages against three former employees it accused of making millions of dollars of unauthorized payments related to its Philippine casino project. Universal, controlled by billionaire pachinko gambling machine tycoon Kazuo Okada, said late on Wednesday in a filing with...

  • PayPal just did something big, very quietly Tuesday, 15 Sep 2015 | 10:19 AM ET
    WSOP web page

    PayPal just started allowing processing for online gambling outfits, but is not doing any PR around it.

  • China did right with anti-graft drive: Rockowitz Monday, 14 Sep 2015 | 8:53 PM ET
    China did right with anti-graft drive: Rockowitz

    Bruce Rockowitz, CEO & vice chairman of Global Brands Group, says Beijing's anti-corruption drive is the right thing to do, but it is taking a toll on businesses in the luxury and gambling segments.