Most Clicked Casino & Gaming SmartBrief Stories

1. Scientific Games to relocate HQ to Las Vegas

Casino & Gaming SmartBrief | Jan 26, 2015

Scientific Games Corp. plans to relocate its headquarters to Las Vegas, the New York-based company announced today. Its U.S. manufacturing operations will move to the facilities it acquired last year when it bought Bally Technologies for $5.1 billion. Scientific is also moving WMS Industries' manufacturing to Las Vegas; it acquired the Illinois-based company for $1.5 billion in 2013. Las Vegas Review-Journal (01/26)

2. Golden Entertainment to result from merger

Casino & Gaming SmartBrief | Jan 26, 2015

Lakes Entertainment Inc. and privately-held Golden Gaming plan to merge into a new company called Golden Entertainment Inc. The merger is slated to close by the end of 2015, and the new company will be publicly traded. Las Vegas Review-Journal (01/26) Wall Street Journal (tiered subscription model), The (01/26)

3. Caesars' bankruptcy case to be heard in Chicago

Casino & Gaming SmartBrief | Jan 28, 2015

U.S. Bankruptcy Judge Kevin Gross decided today that Caesars Entertainment's Chapter 11 bankruptcy case for unit Caesars Entertainment Operating Co. can proceed in Chicago, as Caesars had hoped, rather than in Delaware, as requested by creditors. Bloomberg (01/28) Las Vegas Review-Journal (01/28) ABC News (01/28)

4. Boyd Gaming appoints 2 new board members

Casino & Gaming SmartBrief | Jan 23, 2015

Las Vegas Review-Journal (01/22)

5. Fontainebleau Las Vegas bankruptcy case settled

Casino & Gaming SmartBrief | Jan 27, 2015

Hotelier Jeffrey Soffer will pay creditors $2.5 million out of his own pocket in a bankruptcy settlement over the Fontainebleau Las Vegas. Creditors will also receive another $25 million paid by insurance. "This settlement brings to an end the issues that arose from the unfortunate circumstances surrounding the Fontainebleau Las Vegas project," said James Gassenheimer, an attorney representing Soffer. American City Business Journals (01/26)

6. Adelson to assume reins of Sands China

Casino & Gaming SmartBrief | Jan 23, 2015

Las Vegas Sands Chairman Sheldon Adelson will take over as CEO of Sands China and Las Vegas Sands Robert Goldstein will become interim president after Edward Tracy retires on March 6. Bloomberg (01/23)

7. Las Vegas Strip will continue to shine in 2015, analysts say

Casino & Gaming SmartBrief | Jan 26, 2015

Analysts predict the Las Vegas Strip will continue its comeback story in 2015 as visitors spend more on non-gaming amenities, but baccarat numbers will continue to be strong. "The gaming recovery of the Strip has been dependent on baccarat play and may continue to do so," said Deutsche Bank gaming analyst Andrew Zarnett. Analysts also predict MGM Resorts International will produce strong results in 2015 because of cost-management strategies and growth in Macau. Las Vegas Review-Journal (01/25)

8. Smoking ban for casinos passes in New Orleans

Casino & Gaming SmartBrief | Jan 23, 2015

Centre Daily Times (State College, Pa.) (01/22)

9. Judge denies motion by Revel creditors to stop sale

Casino & Gaming SmartBrief | Jan 22, 2015

A federal judge denied a motion by creditors of the Revel casino in Atlantic City, N.J., to halt the sale of the bankrupt property. The creditors included tenants and ACR Energy Partners LLC, an on-site utility for the property. The sale of the casino to Glenn Straub faces a Feb. 7 deadline, and the terms of the "free and clear" sale allow the buyer to cancel tenants' leases and contracts. Washington Times, The (01/21) Press of Atlantic City (N.J.) (tiered subscription model), The (01/21) Bloomberg Businessweek (01/21)

10. Hard Rock hotel to open in rock 'n' roll style

Casino & Gaming SmartBrief | Jan 28, 2015

The Hard Rock Hotel & Casino in Lake Tahoe opens today with a ceremonial smashing of a guitar made out of ice. The former Horizon Casino underwent a $60 million renovation, and will feature 539 rooms and a 25,000-square-foot casino. The Hard Rock will also feature a music venue called Vinyl, as well as restaurants and bars. American City Business Journals (01/27)

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