With an estimated $65 billion in annual expenditures, American homosexuals are one of the world’s most sought-after leisure travel submarkets. And Las Vegas, like other cities, aims to snag a larger slice of that pie. Promoting this city to gays and lesbians requires a different approach than those favored by many competing destinations. But armed […]
Category Archives: Gambling News & Events
A ‘material lack of qualified labor in Las Vegas over the next several years’ threatens new casinos and high-rise condominiums being developed here, a Deutsche Bank study found. “Despite the phenomenal growth of Las Vegas, the construction talent pool is not deep enough to provide the needed labor to build all currently announced projects,” Deutsche […]
Peter Morton, owner of the Hard Rock Hotel, surely is getting just what he wanted — a bevy of would-be buyers barking at his heels. As the tale falls into place, it seems Morton was approached by an investor, probably Station Casinos, that failed to meet his terms. Still, talks convinced him of the value […]
As reported by Sharecast: “Gaming Corp, owner of the casino.co.uk and gambling.com sites, continued to enjoy strong trading in the first three months of the year. “‘The first quarter of the 2006 financial year has seen continued strong trading across the group, generating first quarter profits before tax materially ahead of the profits for the […]
As reported by the Boston Herald: “For gambling tycoons, the ultimate prize may not be another towering casino complex on the Vegas Strip. “Rather, it may be cracking one of the most lucrative and so far elusive potential gambling markets in the country – Massachusetts. “Some of the world’s top gambling magnates have long dreamed […]
As reported by the Biloxi Sun Herald: “Bernie Burkholder and Treasure Bay Gaming & Resorts announced jointly this morning that Burkholder has stepped down as chief executive officer of the privately held gambling company. “Susan Varnes, the corporate vice president of operations and general manager of the Biloxi casino, assumed management of the company with […]
After years of heady campaigns to spread legal, commercial gambling to new jurisdictions in the United States, proliferation has ground to a halt in 2006. Deutsche Bank analyst Andrew Zarnett called current chances for proliferation in the near term “nominal to nonexistent.” “Within the U.S., there’s very little proliferation except for Pennsylvania, where slots at […]
As reported by the Tenerife News: “The days of Puerto de la Cruz’s Casino Taoro are numbered. The popular gambling attraction is set to move down from its present perch overlooking the town, to its new home in the waterfront Lago de Martiánez, in June. “As far as visitors are concerned, the new location in […]
As reported by the Pittsburgh Post-Gazette: “The Penguins and Isle of Capri Casinos Inc. pledged yesterday to return to the community any profits earned as a result of a proposed $400 million-plus redevelopment of the lower Hill District. “The team and the casino operator could be in line to receive a percentage of the profits […]
As reported by the Montreal Gazette: “Loto-Quebec’s proposal to relocate the Montreal Casino to the Southwest borough could help revitalize the area but questions remain about public security and the impact on the neighbourhood, the city of Montreal says. “The city’s executive committee presented its concerns and a series of questions about the project in […]
As reported by the Biloxi Sun Herald: “The $1 billion Broadwater Resort proposal passed the Biloxi Planning Commission on Thursday, with stipulations that plans for future phases would have to be approved by a committee. “After about 3½ hours of discussion, developers of the 261-acre condo, hotel and casino resort got a height variance – […]
As reported by the Seattle Times: “A new tribal casino that will be the first on the Eastside and the closest to Seattle could open as early as the fall of 2007. “The Snoqualmie Tribe’s five-year quest to build a casino on 56 acres off Interstate 90 east of Issaquah cleared a big hurdle Thursday […]
As reported by the Blackpool Today: “Dreams of a rejuvenated Blackpool through Las Vegas-style casinos are seriously flawed and could damage the resort’s economy, a new study has warned. “Profits would go abroad, jobs would go to migrant workers and the number of problem gamblers would escalate, according to the independent report by consultants Hall […]
As reported by the UK Guardian: “Richard Segal, the chief executive who led the online gaming group PartyGaming through its stock market flotation last year, has refused to move to Gibraltar, where the company is headquartered, and is to leave in June with a full payout, likely to be worth about £10m. “Mr Segal, who […]