Most Clicked Casino & Gaming SmartBrief Stories


1. Pinnacle's properties sold to GLPI for $4.74 billion

Casino & Gaming SmartBrief | Jul 27, 2015

Pinnacle Entertainment has accepted an offer from Gaming and Leisure Properties to purchase its real estate assets in a $4.74 billion deal. The deal, which is an all-stock transaction, follows a rejected GLPI offer of $4.1 billion in March. Casino.org (07/26)


2. Poker pro Phil Ivey sues Borgata after cheating allegations

Casino & Gaming SmartBrief | Jul 28, 2015

CNBC (07/27)


3. Analysts: The Mirage may go on the market

Casino & Gaming SmartBrief | Jul 30, 2015

MGM Resorts International may be open to selling The Mirage, with Starwood Capital as a possible buyer. Reports from two Wall Street analysts indicate that a sale to Starwood Capital could be worth anywhere from $1 billion to $1.5 billion. "MGM has reprogrammed other assets recently in need of (capital expenditures) in the south end of the Strip, but hasn't done much with Mirage. MGM has a heavy development pipeline, so a sale could free up some resources," said Cameron McKnight, a gaming analyst for Wells Fargo Securities. Las Vegas Review-Journal (07/29)


4. Florida wants timeline for closure of Seminole tribe blackjack tables

Casino & Gaming SmartBrief | Jul 28, 2015

The deal that allows the Seminole tribe of Florida to run blackjack and other card games at its Hard Rock Hotel & Casino in Tampa expires Friday, leading Florida officials to seek a timeline for shutting down the tribe's tables. The current deal would require the tribe to cease its blackjack offerings within 90 days if a renewed agreement is not reached. The Seminoles, however, say they can continue offering blackjack because they believe the state violated an exclusivity clause in the agreement. Orlando Sentinel (Fla.) (tiered subscription model) (07/27)


5. Analysts see less cannibalization from new regional casinos

Casino & Gaming SmartBrief | Jul 27, 2015

Analysts from Moody's Investors Service believe that the casino industry could see a cash-flow increase of up to 4% in the next year and a half, noting that new regional casinos throughout the country have not taken business from existing casinos as expected. New casinos in Louisiana, Maryland and Ohio boosted those states' casino revenues, showing that "the amount of revenue cannibalized from existing casinos could be easing," according to Moody's. Las Vegas Review-Journal (07/25)


6. Churchill prepares for Internet gaming in Calif.

Casino & Gaming SmartBrief | Jul 31, 2015

Churchill Downs in Louisville, Ky., is just waiting for California to approve regulated Internet gaming, having already secured a 10-year partnership with Crystal Casino & Hotel in Los Angeles and Ocean's 11 in Oceanside. Churchill, which has long been interested in developing an online gaming arm, recently acknowledged the deal for the first time, although news of it has circulated since May. The Courier-Journal (Louisville, Ky.) (tiered subscription model) (07/30)


7. Nevada's Aliante Casino debuts electronic poker room

Casino & Gaming SmartBrief | Jul 28, 2015

USPoker.com (07/23)


8. Dealers: Special treatment is encouraged for high rollers

Casino & Gaming SmartBrief | Jul 29, 2015

CNBC (07/28)


9. Pinnacle Entertainment to add 200 employees to St. Louis casinos

Casino & Gaming SmartBrief | Jul 30, 2015

American City Business Journals (07/29)


10. Online casino is key to Golden Nugget's growth

Casino & Gaming SmartBrief | Jul 30, 2015

The launch of its online casino has been a huge factor in the phenomenal growth of Golden Nugget's brick-and-mortar casino -- a 40% year-over-year increase, according to Thomas Winter, vice president of Online Gaming at Landry. The Golden Nugget's online casino accounted for 31% of the total market as of April 2015. Online Poker Report (07/29)




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