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Casino supplier consolidation increases debt & credit risk: Fitch

Credit Ratings Service, Fitch Ratings, has sounded the alarm about rising debt levels among casino suppliers, a segment, Fitch says, that has historically been...

Genting’s NY casino plans upset environmental/local activists

Malaysia’s Genting Berhad has got itself in strife over plans for a casino and entertainment complex in a woodland area outside New York City.A...

Gaming supplier stocks gain in August: Bally leads

Stock prices for gaming equipment manufacturers improved by 3.8 percent on average in August after a small decline in July, with the industry index...

Sterne Agee says GCA/Multimedia Games merger “transformative”

Broker Sterne Agee is backing the merger of GCA and Multimedia Games with a buy recommendation, calling the merger “transformative” and saying that the...

Scientific Games keeps gaming and lottery contract in Slovakia

Scientific Games Corporation (SGMS) has signed a new four year contract with TIPOS a.s. to provide instant games and consulting services to the National...

New Jersey casinos and race tracks can offer sports betting: Governor

Casinos and racetracks in New Jersey can offer sports betting without fear of prosecution or civil liability, the state’s Governor Chris Christie has declared.Following...

Global Cash Access to buy Multimedia Games for $1.2 billion

Global Cash Access Holdings, which provides money transaction technology, said it plans to acquire Multimedia Games Holdings for about $1.2 billion in the latest...

Permira eyes 888 Holdings

A report that the Permira private equity group was in preliminary acquisition talks with online gambling group 888 Holdings plc has triggered a wave...

Revel closure brings problems for New Jersey Governor

A closed-door, bipartisan summit is being held in New Jersey on Monday to address the impact of the closure of the massive Revel casino...

Wynn downgraded to hold by Argus

Wynn Resorts International has been downgraded from buy to hold by analysts at Argus, one day after the firm downgraded rival Las Vegas Sands.The...

TRENDING ARTICLES

Macau GGR gains 14 percent in 2018, Dec. beats forecasts

Gross gambling revenue in Macau rose 14 percent in 2018, with December topping consensus forecasts with a gain of 16.6 percent.

Leading clients to Asia

BBIN is heading to London for the third time in 2019 for ICE 2019, celebrating its 20th year of brand establishment. At ICE, BBIN...

Formation of SUZOHAPP Digital

SUZOHAPP, a leading technology company that provides software and hardware for cash handling automation and self-service solutions worldwide, recently announced plans to form a...

Michael Gu eyes Casino Canberra in $32 million transaction

Casino Canberra is on the verge of being bought up by one of Australia’s biggest hotel owners in a potential A$32 million (US$22.6 million)...

Sega Sammy releases Genesis Slant cabinet

SEGA SAMMY CREATION INC. today announced the release of their new slant-type gaming machine “Genesis Slant”, a cabinet available for both slot games and...