Industry News Archive Page 7

With the gaming industry rapidly maturing, there’s going to come a point when boosting the bottom line by building new casinos in emerging jurisdictions becomes impossible.

All hail Caesars. Harrah’s Corporation, owners of the famed Caesars Palace in Las Vegas have announced a massive $1 billion expansion project that will add a new hotel tower,

The largest prize in sports was awarded this week as Jerry Yang took home victory in the annual World Series of Poker. Held at the Rio All Suites Resort in Las Vegas,

The Hard Rock Hotel & Casino Biloxi has opened. It’s a big triumph for the casino resort, which was originally supposed to open in August 2005. Just days prior to its grand opening,

Nevada gaming is continuing to captivate the world, while across the United States, Atlantic City is again seeing deepening declines. It’s not looking good for the City by the Sea,

The Poker Hall of Fame has some new members this week as the World Series of Poker inducted some of today’s top players into this organization.

In our last article we told you how the pool scene has changed drastically in Las Vegas. Having a couple of palm trees and scantily clad waitresses is not longer de rigueur.

Forget everything you think you know about the Las Vegas pool scene. Sure, the mega-resorts still offer great places to cool off while baking under a hot desert sun, but the newest generation of pools are entirely different.

Massachusetts State Treasurer Timothy P. Cahill this week called for "legalizing casino gambling throughout the state, saying the government could raise more than $500 million a year in tax payments from casinos.

Private equity is continuing to muscle into the gaming industry. After last year’s Harrah’s acquisition, a separate private equity fund has struck a deal to purchase Penn National Gaming for $8.9 billion.