Wall StreetGun Lake
article
Gun Lake Gaming Authority’s Credit Rating Bumped Up (3/30/2012)
(Michigan) -- Just a year after the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians opened the Gun Lake Casino, the country’s top financial ratings services...
1 Article on this Issue
Foxwoods Resort
article
As Foxwoods fights for its life, tribal gaming restructurings provide hope (3/15/2012)
(Connecticut) -- The New York Times Magazine’s cover story this week is a trenchant summation of the state of North America’s largest casino — the...
article
Even As Foxwoods Stumbles, The Midwest Eyes More Casinos (3/15/2012)
(Connecticut) -- Growing debt and increasing competition are threatening the success of Foxwoods Resort Casino in southeast Connecticut, according to the New York Times.
article
Foxwoods Casino and its Portents (3/15/2012)
(Connecticut) -- Casinos, like convention centers, over-expand, cannibalize each others’ customers, and eventually end up in the hole. Let exhibit A be Foxwoods,...
article
Report: Foxwoods struggles with debt, competition (3/15/2012)
(Connecticut) -- Foxwoods Resort Casino is the largest casino in the Western Hemisphere. It covers nearly 7 million square feet and has more than 6,000 slot machines. It...
4 Total Articles on this Issue
Mohegan Sun
article
Restructurings – Mohegan, Tribal gaming credits: Know when to hold ‘em … (3/15/2012)
(Wall Street) -- Over the last three months, three tribal gaming authorities have worked out consensual debt restructurings with lenders in situations that seemed...
article
Casino Outlines Strategy for Refinancing (1/26/2012)
(Connecticut) -- A debt-refinancing plan announced by the Mohegan Tribal Gaming Authority calls for bondholders to exchange nearly $1.1 billion in bonds and shaves $200...
article
Mohegan Seeks $1.1 Billion Bond Exchange to Refinance Debt Due in March (1/25/2012)
(Connecticut) -- Mohegan Tribal Gaming Authority, the operator of Mohegan Sun casinos in Connecticut and Pennsylvania, is asking bondholders to refinance as much as $1.1...
3 Total Articles on this Issue
Choctaw Tribe
article
Choctaws ink $78M debt deal with Trustmark (2/29/2012)
(Mississippi) -- The Mississippi Band of Choctaw Indians has signed a debt refinancing agreement for the Pearl River Resort in Neshoba County and the Bok Homa Casino in...
1 Article on this Issue
Bankruptcy
article
Hooters Casino, WaMu, SP Newsprint, Potomac Supply: Bankruptcy (1/27/2012)
(Wall Street) -- The Hooters Casino Hotel in Las Vegas goes up for auction on Feb. 17 to determine whether there is a better offer to reorganize the 696-room hotel and...
1 Article on this Issue
Florida Gaming
article
Asian Investors Bet Big On Miami: Watching The Trend (1/9/2012)
(Wall Street) -- Emerging-market real-estate investors from Asia are betting big on Miami. And the potential jackpot can be huge, because they have an opportunity to...
1 Article on this Issue
Foxborough Casino
article
BLOG: Wynn Looks Beyond Foxborough for U.S. Growth (1/4/2012)
(Wall Street) -- Wynn Resorts’ hopes to build a casino in Foxborough in partnership have been smashed. On 29th December, Foxboro’s selectment officially...
1 Article on this Issue
Online Business
article
Web gaming shares leap after U-turn on US ban (12/28/2011)
(Wall Street) -- Shares in online gambling companies soared yesterday after news that the US's draconian internet poker laws are to be relaxed.
1 Article on this Issue
Social Gaming
article
Zynga's IPO flop could hurt some Silicon Valley startups (12/25/2011)
(California) -- Zynga's unexpected IPO flop this month could be bad news for other Silicon Valley startups. With buzzed-about social media companies having failed so...
article
CEO calls Zynga his 'crowning achievement' (12/18/2011)
(California) -- Before Zynga traded its first share on Friday, nervous investors in the social-gaming company didn't know whether to expect a killing or to be killed.
article
Online gaming sees massive growth: infographic (12/17/2011)
(Wall Street) -- In these times of recession, online gaming is a boom industry, as witnessed by Zynga’s IPO today. The deal values Zynga, the maker of FarmVille...
article
Zynga falters in debut, sheds doubt on IPO market (12/17/2011)
(New York) -- Online games developer Zynga Inc scored badly as it went public on Friday, dashing hopes for the year's hottest tech IPO, as investors frowned on its...
article
Zynga to offer IPO shares (12/6/2011)
(New York) -- Hoping to harvest some fresh cash, the online game company behind "FarmVille" said Friday that it plans to raise $1 billion in an initial public...
5 Total Articles on this Issue
Seneca Nation
article
Seneca Gaming’s rating downgraded by Moody’s (12/2/2011)
(New York) -- Seneca Gaming Corp.’s debt rating has been downgraded by Moody’s Investors Service because of concerns about the Seneca Nation’s...
1 Article on this Issue
Online Legislation
article
Caesars Entertainment Still Intends to Go Public (11/20/2011)
(Las Vegas) -- Gary Loveman, the CEO of Caesars Entertainment, has announced that the company can set up an online poker website in just 12 – 14 months. Loveman...
1 Article on this Issue
Massachusetts Gaming
article
Moody's Investors: 'Twin River could sustain major blow' (8/30/2011)
(Rhode Island) -- In a special report late last week on the "high" likelihood of casino gambling and slots finally coming to Massachusetts, Moody's...
article
Moody's sees payoff for Las Vegas companies if Massachusetts legalizes casino gaming (8/29/2011)
(Wall Street) -- Moody's Investors Service said in a report that the potential for casino expansion in Massachusetts could prove to be a winning gamble for a few Las...
2 Total Articles on this Issue
Full Tilt Closure
article
Rival’s suspension boosts Bwin.party shares (6/30/2011)
(UK) -- Shares in Bwin.party rose 11.5 per cent to 148.34p after Full Tilt, one of its biggest online poker rivals, had its licence suspended. The gambling commission of...
1 Article on this Issue
Other News
article
Moody's downgrades Riviera Holdings, cites earnings decline (4/23/2012)
(Las Vegas) -- Moody's Investors Services on Monday downgraded Riviera Holding Corp.'s company and debt ratings and placed the gaming company on review for...
article
Moody’s warns of continued losses at Riviera (4/23/2012)
(Las Vegas) -- Moody’s Investors Service on Monday downgraded Riviera Holdings Corp.’s debt ratings and said further downgrades are possible for the Las...
article
Las Vegas Sands, Other Gambling Firms' Earnings Due (4/23/2012)
(Wall Street) -- Casino giant Las Vegas Sands (LVS) leads a pack of gambling companies reporting earnings this week as investors bet on Macau and the U.S. consumer.
article
Boyd Gaming Corp First Quarter Earnings Sneak Peek (4/19/2012)
(Wall Street) -- Boyd Gaming Corp (NYSE:BYD) will unveil its latest earnings on Tuesday, April 24, 2012. Boyd Gaming owns and operates casino entertainment facilities...
article
Genting Profit Rises 66% as New York Casino Lifts Revenue (2/29/2012)
(Wall Street) -- Genting Bhd. (GENT), which controls Asia’s second-biggest gaming company by market value, said fourth- quarter profit jumped 66 percent, with...
article
Silver Legacy's first try at refinancing $142.8 million debt falls short (2/16/2012)
(Nevada) -- The Silver Legacy Resort Casino failed in its efforts to restructure $142.8 million in mortgage note due March 1 through a public offering, according to...
article
Moody's cites improving economy in CityCenter upgrade (1/10/2012)
(Las Vegas) -- CityCenter bonds are looking like a better bet, according to investment adviser Moody's. Moody's upgraded its view of CityCenter's roughly $1....
article
SandRidge, Ute IPOs look to fill energy appetite (1/9/2012)
(New York) -- Two energy companies plan initial public offerings to raise nearly $1 billion in proceeds from Wall Street investors in coming weeks as U.S. oil and gas...
article
Ute Energy to Trade on NYSE Under Ticker Symbol ‘UTE’ (1/8/2012)
(Wall Street) -- Ute Energy Corp plans to raise up to $250 million in an initial public offering (IPO) of common stock to trade on the New York Stock Exchange under the...
article
Gambling IPO Faces Long Odds (1/8/2012)
(Wall Street) -- Howard Lutnick wants to take his sports-gambling operation public. The odds look stacked against investors. Cantor Entertainment Technology, owned by Mr...
article
Empire Resorts regains compliance with NASDAQ minimum bid price rule (1/3/2012)
(New York) -- Empire Resorts, Inc., the company that owns and operates Monticello Casino and Raceway, Tuesday announced it received notice from The Nasdaq Stock market...
article
Internet decision helps rally some gaming stocks (12/27/2011)
(Las Vegas) -- Shares of casino operators and gambling equipment makers produced modest gains Tuesday following a U.S. Department of Justice legal opinion expected to...
article
STUTZ: Analysts see promising prospects for slot maker IGT (12/20/2011)
(Las Vegas) -- Even before hosting an event for stock analysts in New York City on Dec. 14, praise had poured in for slot machine giant International Game Technology.
article
Mohegan Tribal Gaming Authority reportedly near refinancing goal (12/14/2011)
(Connecticut) -- The Mohegan Tribal Gaming Authority has said all along that it would need a partner to finance the casino project it envisions in western Massachusetts...
article
Snoqualmie Casino’s credit rating gets a boost from Standard & Poor’s (12/8/2011)
(Washington) -- Standard & Poor’s Ratings Services has raised its credit rating of the Snoqualmie Entertainment Authority, which manages Snoqualmie Casino,...
article
River Rock bondholders OK debt deal (12/5/2011)
(California) -- River Rock Casino on Monday said most of its bondholders have approved an offer from the Geyserville casino to refinance $200 million in debt at a lower...
article
River Rock sets Dec. 19 deadline to accept refinancing offer (11/21/2011)
(California) -- River Rock Casino bondholders have until Dec. 19 to accept the casino’s offer to trade $200 million in existing debt for new debt at lower interest...
article
Las Vegas Sands Ranks the Lowest in Terms of PEG Ratio in the Casinos & Gaming Industry (LVS, ASCA, FLL) (11/10/2011)
(Las Vegas) -- Below are the three companies in the Casinos & Gaming industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing...
article
Choctaw Resort restructures debt (11/9/2011)
(Mississippi) -- A six-month extension has been secured by the Choctaw Resort Development Enterprise Board on loans due in November, Tribal Chief Phyliss J. Anderson...
article
Regulators recommend sale of Palms majority stake (11/3/2011)
(Las Vegas) -- The state Gaming Control Board on Wednesday unanimously recommended the sale of a majority stake in the Palms to Leonard Green & Partners L.P. and TPG...
|
visionary sponsor advertisementMost Popular Storiessponsor advertisement |
