Fontainebleau Las Vegas has been unfastened roughly a month and it’s already making an ominous wont of losing high-ranking executives. The unexampled Strip venue confirmed before today that Vice President of Revenue Management Angie Dobney is no yearner with the resort. She becomes the 4th high-ranking staffer to set…
Francaise Des Jeux (FDJ.PA), the French people subject drawing operator, has made a US$2.67 billion go for Stockholm-listed online play goliath Kindred Group (KIND SDB). On Mon morning, Kindred’s table of directors said in a financial statement it unanimously recommended that shareholders swallow the all-cash deal,…
HG Vora, which is the largest investor inwards Penn Entertainment (NASDAQ: PENN), demanded the regional cassino reconstitute its board of directors patch claiming the current constellation violates Pennsylvania collective law. In a recent varsity letter to the gaming troupe signed by Mandy Lam, full general counsel for HG Vora, the…
Big money spent on Second Earl of Guilford American expansion saw Bet365 sideslip to a pre-tax red ink of £72.6 zillion (US$93 million), according to the company’s latest filings. But it’s not unmortgaged whether the company’s publicity-shy CEO Denise Coates got the memo. She paid…
Boyd Gaming (NYSE: BYD) and Monarch Casino & Resort (NASDAQ: MCRI) were downgraded amid concerns that regional casinos are cladding consumer-related lethargy. In a take down to clients, Stifel psychoanalyst Steven Wieczynski lowered his ratings on both stocks to “hold” from “buy” piece adding the “regional gaming rudimentary outlook appears…
Gamblers visiting Crown Resorts’ Crown Melbourne casino testament get to catch used to some changes. In a bid to speech its play dependence concerns and maintain its license, Crown Resorts’ Crown Melbourne gambling casino has implemented compulsory carded dramatic play measures on its almost 3,000 electronic gaming machines. These…
New Zealand-based cassino manipulator SkyCity Entertainment says it anticipates its full-year operating earnings for the financial yr to either remain stagnant or step-down compared to endure year. This is a stone's throw backwards from earlier counselling that projected revenue improvements. The company, which owns casinos in New Zealand and Australia,…
The future tense of Imperial Pacific Ocean International (IPI) in Saipan remains unclear as it ease owes millions of dollars for its Imperial Palace casino license. As the threat of losing its casino exclusivity looms, despite the cassino being shuttered for iii years, IPI wants to read its compositor's case…
Star Entertainment testament hold on its casinos in Queensland opened for the holiday season, significantly of import tidings granted its recent revenue reports and new revenue enhancement obligations. Queensland Attorney-General (AG) Yvette D’Ath testament appropriate it to keep its license inviolate for now, although that doesn’t intend Star…
Crown Sydney is ostensibly no longer the coronate precious stone of the Aboriginal Australian gaming empire Crown Resorts. It isn’t receiving the amount of traffic it at one time did, leading to a simplification inward operating hours and ping slips for employees. The luxuriousness gambling casino and hotel, situated…