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Updated: 35 min 49 sec ago
State Rep. Samantha Kerkman said she is confident that Gov. Scott Walker will approve a tribal casino proposed for Kenosha, Wis. Hard Rock International partnered with the Menominee tribe for the proposed $810 million casino. "When Hard Rock came on, it was a game changer," Kerkman said. WDJT-TV (Milwaukee) (5/28)
Japan's Konami Corp. plans to invest in a casino in the country if the legislature moves forward with expanded gaming. Konami sells pachinko games and software in Japan, and also exports slot machines. "We can use that network we have built as a machine manufacturer to take part in a consortium here in Japan," said Konami executive Noriaki Yamaguchi. Reuters (5/28)
Produced in partnership with the Nevada Hospitality & Lodging Association.
NEW: The Hotel Show Seminars on Monday, Sept. 29, 2014 where you'll learn about:
The latest trends in Revenue and Yield Management strategies and technologies
The possibilities that come with outsourcing call centers
Effective upselling practices and technology for use prior to arrival or in a short booking window
How to most effectively use SEO, online marketing, and social media to drive price and room nights
For more information about the Hotel Show at G2E 2014 visit www.globalgamingexpo.com. For more information on how to exhibit, contact Todd Sheahan at email@example.com. For more information on how to attend visit www.globalgamingexpo.com/hotelreg.
Tony Buzan and Michael Gelb, authors
The locals gaming market in Las Vegas is beginning to show signs of improvement, analysts say, though watchers shouldn't expect returns to peak performance overnight. "In our view, what is different now is the convergence of a surging Las Vegas Strip coupled with an improving locals economy," said Robert Shore, an analyst with Union Gaming Group. Many casinos catering to locals have also taken a cue from the Las Vegas Strip and invested in non-gaming amenities. Las Vegas Business Press (5/26)
MGM Resorts International and Wynn Resorts are asking the Massachusetts Legislature to make changes in the gaming law to ease the "administrative burden" of the casinos proposed for the state. Requested changes include removing requirements to detail all comped items and to vet certain parts of a person's financial history upon winning more than $600. If the rules don't change, it won't push either company out but changes would help them to operate better, they said. Mohegan Sun has not joined MGM and Wynn in asking for changes to the law. The Republican (Springfield, Mass.) (5/27)
Plans for renovating Detroit's Greektown Casino-Hotel have been scaled back from a $150 million overhaul to improvements worth up to $50 million, though owners remain set on creating a live-work-play district around the casino. "Our initial thought was to have a pretty robust plan for the property," said Jennifer Kulczycki, a Rock Ventures spokeswoman. "The feedback from analysts and our own analysis led us to re-evaluate that initial [plan]." The Detroit News (5/27)
Ho-Chunk attorneys argued in favor of joining a lawsuit filed by Penn National Gaming against the Iowa Racing and Gaming Commission; Penn National does not want the Ho-Chunk to join in. Along with Penn National, Ho-Chunk also competed for a casino license in Sioux City, Iowa, that ultimately was awarded to Hard Rock. A judge heard arguments on Ho-Chunk entering the suit on Friday, but has not yet issued a ruling on the matter. Sioux City Journal (Iowa) (5/23)
Construction has started on the casino expansion for Plainridge Racecourse in Plainville, Mass. The $225 million expansion should provide fuel for a campaign against repealing the casino law, developers and analysts say. "There's really no better visual than a bunch of people standing in line at the unemployment office vs. a bunch of guys in hard hats doing work for a major construction project," said Paul DeBole, an assistant professor of political science and specialist on gaming regulation. The Boston Globe (tiered subscription model) (5/26)
This week, the GGB Podcast brings in Dermot Smurfit, the CEO of the innovative online gaming company, Game Account Network, on how he grew his organization without catering to grey and black-listed iGaming sites in Europe.
Massachusetts is still open to considering online gaming in the state, according to the state gaming commission. "The commission believes that a slow and deliberate approach to this issue is the most responsible way to move forward given the significant varying opinions on this matter," the panel said in a statement. Boston Herald (5/25)
Wis. Gov. Scott Walker is still considering a proposal to build a tribal casino in Kenosha, Wis. If approved, the $810 million project will be built in two phases. The first phase will include the casino and retail, while the second phase will add a hotel and other amenities. WDJT-TV (Milwaukee) (5/26)
The government of Queensland, Australia, has narrowed down proposals for casinos in the state to two proposals by Asian developers. Hong Kong investor Tony Fung has proposed the Aquis casino, while a Chinese and Australian investor group has proposed the Broadwater Marine project. Bloomberg Businessweek (5/26)
Columnist Muhammad Cohen explores the trend in Macau for gaming tables with higher limits, and says it's becoming more difficult to find tables with lower minimum bets. "Overall, minimum levels are pretty much unchanged from a year ago. What's changed dramatically is the mix of table minimums," he writes. In Macau, mass market gaming accounts for nearly 40% of revenue. Forbes (5/25)
Here is just a preview of some of the new things you will benefit from at this year's G2E:
NEW seminar pricing options to give you more flexibility and convenience -- choose from 5 day, 4 day, 3 day, 2 day, 1 day and even single seminars!
NEW seminar format -- fewer sessions, more focused on your greatest needs.
NEW more general sessions to bring everyone together & encourage continued discussion.
General Session topics to include: Cyber Security, Portrait of the American Gambler, Capturing the Millennial Customer, Online and Social Gaming, Big Data, Corporate Social Responsibility
NEW more interactive and technologically dynamic seminars
Expert speakers from outside the industry, as well as focus on BIG names from within.
NEW opening general sessions open to everyone, including: State of the Industry, Day One: Operators; and State of the Industry, Day Two: Manufacturers.
Karl Barth, Swiss theologian
Michael Leven, the president of Las Vegas Sands, announced plans to retire at the end of the year. "For me, this is truly a storybook ending to a more than 50-year career in the hospitality industry. I wouldn't want it to end any other way," Leven, 76, said in a statement. Sheldon Adelson plans to continue in his role as chairman and CEO of Las Vegas Sands. Las Vegas Review-Journal (5/22)
Genting Group has secured approval from the Nevada Gaming Commission to build the Resorts World Las Vegas and announced that construction is scheduled to begin this summer. Plans for the $4 billion resort include 3,000 hotel rooms, a casino, a theater that will seat 4,000, 30 food and beverage outlets and a garden attraction as part of the project's first phase. Las Vegas Review-Journal (5/22)
Casinos in Atlantic City, N.J., reported a gross operating profit of $38.7 million for the first quarter according to figures released Thursday -- encouraging numbers after a long winter, said Matt Levinson, chairman of the New Jersey Casino Control Commission. "Total revenue is flat and gross operating profits are up, even though snow virtually shut down the state several times, and there were significant startup expenses related to internet gaming." The quarterly results are difficult to compare to the same quarter of last year, because of the January closure of the Atlantic Club and the November launch of online gaming in the state. Las Vegas Review-Journal (5/22)