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Commentaries

Ainsworth is ready to Rumble with Class II, Class III slot products




The world is moving faster, products in all genres can make a mark quicker and markets are slicing thinner and thinner. Just look how Amazon and Netflix have further divided the TV market first dissipated by cable TV. Or how… [continue reading]

Walters wins a round in insider trading case: Will it matter?




On the way to making its insider trading case against Las Vegas gambler and developer Bill Walters, the FBI now has to address an insider problem of its own. In a letter to presiding U.S. District Judge Kevin Castel of… [continue reading]

Amaya Founder Baazov Withdraws Bid for PokerStars Owner




Amaya Inc. founder David Baazov withdrew his $4.1 billion bid to take the PokerStars owner private, saying the price sought by some shareholders was too high. Baazov announced the decision to withdraw his C$24 a share cash bid in a… [continue reading]

Pa. holding on to good blackjack rules, top regulator says




New restaurants, new entertainment options and new games are ahead at Western Pennsylvania casinos in the coming year. And gamblers across the state might finally be able to wager online legally. But the most exciting news, at least for fans… [continue reading]

How will legalized recreational marijuana affect the gaming industry?




It’s a cinch that if you’re walking the Strip on New Year’s Eve you’ll come across at least one person — maybe dozens — who will be toking in the new year with a celebration of the arrival of legalized… [continue reading]

With Japan open for casinos, now the real games begin




Thursday’s passage of an integrated resort measure in Japan’s parliament was more than just a needle-mover. As the country opens its doors to casinos and gaming, analysts and executives are salivating like Pavlovian dogs over the prospects of a potential… [continue reading]

Uneasy Lies Crown as Lights Go Down on Its Casino Empire




All of a sudden, the world’s best casino credit is looking a bit short of cash. Crown Resorts Ltd., the only gambling company judged investment grade by all three major ratings companies , is selling about half its 27.4 percent… [continue reading]

Steve Wynn in Uncharted Territory




Steve Wynn is in unfamiliar territory; his Wynn Palace Macau is not an instant success.* Steve has a reputation for “getting it right” and he is very certain of his ability.  Whenever he discusses a new property he is confident… [continue reading]

Virtual Reality Arrives, For Real!




Year after year, technology has improved and changed our lives yet aside from screen quality and convenience, the way we consume videos has changed very little.  In 2017, many of us will make the jump to virtual reality (VR) –… [continue reading]

Genting has casino experience but Gulfstream will be a challenge




Everyday gamblers likely haven’t seen much of a difference since Genting took over operations of Gulfstream Park casino in Hallandale Beach — but that’s because the company’s executives are still evaluating what they have. Genting, which bought the Miami Herald… [continue reading]

Japanese Casinos? Just Sit Out the First Few Hands




From the way investors in Macau’s casino stocks have been salivating at the prospect of a bill legalizing casinos passing through parliament in Tokyo, you could be forgiven for thinking Japan was a blushing innocent when it comes to the… [continue reading]

A missing present under the Las Vegas tree? Free Parking!




From the sound of some of the teary laments, you’re forgiven for thinking someone just kidnapped Santa Claus in Las Vegas. The scandal worthy of Grinch imagery? Some of the Strip’s casino giants announced plans to begin charging for parking…. [continue reading]

MGM National Harbor shines as brightly as any Strip property




OXON HILL, Md. — All right, let’s get this over with right at the top. Yes, guests of MGM National Harbor are going to have to pay to park their cars. No, officials haven’t set a rate or determined when… [continue reading]

Bloomberg Editorial: Asia’s Gambling Binge Looks Fun, May End in Tears




Amid much protest, Japan’s lawmakers are considering a bill this week that would open their doors to opulent gambling houses. Analysts have dubbed it “manna from heaven” and the “holy grail.” Yet as any gambler will tell you, appeals to… [continue reading]

National Harbor a stepping-stone to MGM resort casino dominance




MGM’s brand new National Harbor property is more than just a casino. It’s more than a resort. It’s also more than an “integrated resort.” The lavish new $1.4 billion property is a template and a stepping-stone for MGM to achieve… [continue reading]

Lucky Dragon Casino Eyes Its Target




When the Lucky Dragon had its official grand opening earlier this month, there were few surprises. After all, the casino had been open for nearly two weeks. But the formal unveiling gives an opportunity to consider just what Sahara Avenue… [continue reading]

Books for the Stocking of Your Favorite Casino Person




There are plenty of books out there for executives who want to hone their leadership skills. There are even books about those books, with summaries for those who don’t have time to read the originals. But there’s something to be… [continue reading]

What’s not to love about MGM National Harbor? Traffic




There are plenty of reasons to be excited and bullish toward the opening of MGM’s National Harbor property later this week outside Washington, DC, but the impact of the property on the region’s already acute transit problems is not among… [continue reading]

Looking back, Florida should have taken Seminoles’ deal




It has been a full year since Florida Governor Rick Scott proposed a seven-year agreement with the Seminole Tribe of Florida that would have brought $3 billion to the state, while giving the tribe exclusive rights to certain pieces of… [continue reading]

When it comes to anti-money laundering compliance compliance, the best defense remains a good offense for casino industry




Whether you consider it a clear sign of maturity, or adherence to the adage that “the best defense is a good offense,” the gaming industry just got some good news from the Financial Action Task Force on a sore and… [continue reading]

What’s next for the Palms?




It’s appropriate that the Palms, which hosted the reality TV show “The Real World” and was a hangout for young celebrities and rock stars, has had its share of drama over the years. Now, 15 years after it opened, the… [continue reading]

For some, casino vs. player competition expands into war




Skilled advantage players can lose more often than they win, say lawyers for Phil Ivey, arguing that the world-famous gambler should not have to return the $9.6 million he won playing baccarat at the Atlantic City Borgata in 2012. Even… [continue reading]

Relationships, passion for industry make coming to work every day exciting for sports book director




For five years, Chuck Esposito has been race and sports book director at Sunset Station, which was among six Station Casinos properties to renovate its race and sports books prior to the start of football season this year. Esposito enjoys… [continue reading]

Don’t like Strip casino parking fees? Blame the airlines




Blame the airlines for this movement to require casino customers to pay for parking on the Strip. Or, if you listen to some Strip watchers, we should blame ourselves. Tourism is a copycat business world with few original ideas so… [continue reading]

Why a New Report Card Matters to Gaming Companies




In an industry full of glitz, glamor and excitement, anti-money laundering (AML) compliance could easily be overshadowed. Yet the actions we take and the investments we make in this area have serious ramifications for your company’s bottom line, its ability… [continue reading]

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