Regional U.S. gaming markets continue to see month-over-month declines in gaming revenues. Analysts tend to blame the weather, the economy, market saturation, increased competition in neighboring states, and of course, Obama for this decline.
What has yet to be cited is that the gaming entertainment experience has fundamentally changed over the past few years, and many casinos no longer deliver the experiences that players have been used to historically.
A potential sale of International Game Technology (IGT) could help the company’s shares rebound after falling 31 percent this year through June 6. Analysts say IGT’s reported search for a buyer is prudent and it shows the company’s board is looking to consider alternative paths giving the competitive dynamics in the marketplace.
Raw satellite data released Tuesday by Malaysian authorities and a separate report issued by Australian accident investigators offered fresh support for views that missing Malaysia Airlines Flight 370 went down in a remote section of the Indian Ocean after running out of fuel.
LAS VEGAS – Gaming Market Advisors (GMA), a leading provider of economic feasibility reports and marketing strategies to the casino gaming industry, annouced today at G2E Asia the acquisition of Galaviz & Company. The acquisition positions GMA with a stronger foothold to support clients in Asia and to increase its consulting presence to associated tourism industries such as airlines and hospitality.
Ten years ago, Sands Macao’s opening change the course of Macau and global gaming history
By Muhammad Cohen
Inside Asian Gaming
As Sands Macao employees began arriving for work around 7 a.m. on Tuesday, 18th May 2004, a crowd was already forming on the street, nine hours before the casino’s scheduled grand opening. Around noon, a rumor spread that guests would receive free chips worth MOP200 (US$25), swelling the crowd. Just before 2 p.m., during a reception for invited guests, security began “freaking out,” according to an executive of Las Vegas Sands Corp. send from Las Vegas for the opening.
They came today dressed in suits, slightly more than 100 developers, consultants, lawyers, media reps and lobbyists participating in upstate New York’s casino siting application process, filling a conference room at the Empire State Plaza in Albany.