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Casino CFOs paint bleak picture for future
[20 Nov 2008 at 1:04pm]
Las Vegas Gaming Wire LAS VEGAS, Nevada --A panel of casino company chief financial officers, reflecting a cross section of the gaming industry, on Wednesday painted a bleak picture for businesses looking to raise money over the next few years. The
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Wall Street says casinos are bad gamble
[20 Nov 2008 at 1:04pm]
Las Vegas Gaming Wire LAS VEGAS, Nevada --Sneaker-clad tourists aren't the only ones to stop making tracks to Las Vegas casinos. Wall Street-types in wingtips have also tired of losing money on the Strip. That leaves gambling operators to fend for
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Casino "arms race" declared over
[20 Nov 2008 at 1:04pm]
Las Vegas Gaming Wire LAS VEGAS, Nevada --A billion bucks really is a lot of money after all. And the days of casino companies chasing after one another to build more and more expensive new resorts are probably over for a long time, a top gaming
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Galaxy pushes back Macau casino opening to 2010
[20 Nov 2008 at 1:04pm]
'Some analysts have speculated that work on the Galaxy Macau casino could be stopped because of problems financing the project, following a move by troubled U.S. rival Las Vegas Sands to halt its projects in the territory. 'But in a statement, Galaxy
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Smoking bans sap casino revenue is some states
[20 Nov 2008 at 1:03pm]
Las Vegas Gaming Wire LAS VEGAS, Nevada --Gaming's had it tough in Las Vegas lately. The state collected 14.5 percent less money in gaming taxes in September than it hauled in a year earlier. But officials in some states would love to have fared so well.
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Alberta casinos feeling effect of slowing economy
[20 Nov 2008 at 1:03pm]
'Al Wilson, vice-president of operations for Baccarat Casino downtown and the Palace Casino in West Edmonton Mall, said business has slowed at both locations and he expects it to continue until early 2009. '...Though he is concerned by the current
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AGA president says online gambling tops industry concerns
[20 Nov 2008 at 1:03pm]
RENO, Nevada -- As reported by the Reno Gazette-Journal: 'The legalization of Internet gambling will be the hottest federal issue facing Nevada's gaming industry in the next few years, the president of the American Gaming Association said. 'The need for
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Loveman: Sea Change for Casino Companies
[20 Nov 2008 at 12:41pm]
LAS VEGAS-A significant sea change is occurring within the casino industry, according to the top dog of Harrahs Entertainment, the world's largest gambling company by revenue and a private company since January. Speaking at a casino industry
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Navajos open first casino near Gallup
[20 Nov 2008 at 12:41pm]
Note: You will NOT BE CHARGED INITIALLY when registering for this plan. Instead, you will be taken directly to our registration form. If you choose not to utilize this plan after the free-trial period then simply don't renew when you receive the
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Moody's not liking odds on casinos
[20 Nov 2008 at 12:40pm]
Note: You will NOT BE CHARGED INITIALLY when registering for this plan. Instead, you will be taken directly to our registration form. If you choose not to utilize this plan after the free-trial period then simply don't renew when you receive the
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Harrah's to close Tenn. office; 250 to lose jobs? 40 mins ago
[20 Nov 2008 at 11:48am]
MEMPHIS, Tenn. - Harrah's Entertainment Inc. is closing its Memphis office and data center, leaving 250 employees without jobs. Another 50 will be moved to Harrah's Las Vegas headquarters in early 2009. Harrah's employs more than 4,000 people at three
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