Most Clicked Casino & Gaming SmartBrief Stories


1. Praise, criticism for departing Caesars CEO

Casino & Gaming SmartBrief | Jun 30, 2015

Outgoing Caesars Entertainment CEO Gary Loveman received plenty of praise as well as criticism during his tenure. Loveman has been known to write personal notes to the families of top executives, extolling the virtues of his employees or thanking families for their support of key team members. However, some people, such as Nevada Gaming Commission Chairman Tony Alamo, have said Loveman provided "absentee supervision." The Wall Street Journal (tiered subscription model) (06/29)


2. MGM Resorts' Atlanta proposal would create 3,500 jobs

Casino & Gaming SmartBrief | Jul 02, 2015

A $1 billion downtown Atlanta gambling complex proposed by MGM Resorts would bring 3,500 jobs to the area, according to state Rep. Ron Stephens. "It's massive in its size and its elegance," said Stephens of the proposed casino. "This is a game-changer. I'm looking for a win-win-win, and this is it." The Atlanta Journal-Constitution (subscription required) (07/01)


3. Mark Frissora takes over as Caesars Entertainment CEO

Casino & Gaming SmartBrief | Jul 02, 2015

Mark Frissora's tenure as CEO of Caesars Entertainment is officially underway. Frissora replaces Gary Loveman, who is still the company's chairman and will monitor the company's current bankruptcy restructuring. Frissora said he plans to identify "new opportunities to drive growth and efficiency, which will ultimately create shareholder value." Las Vegas Review-Journal (07/01)


4. Poll: Pechanga Casino is nation's favorite

Casino & Gaming SmartBrief | Jul 02, 2015

Pechanga Resort & Casino, winner of a nationwide poll conducted by 10Best.com, has been named America's favorite casino by USA Today. "We are ecstatic about being voted No. 1," said Lee Torres, Pechanga's vice president of marketing. "Being the nation's favorite casino is an incredible honor, and it's a testament to the perseverance of the Pechanga tribe." Mohegan Sun came in second in the voting, while Foxwoods Resort Casino took third place. Indian Country Today (07/01)


5. Z Capital increases bid for casino operator Affinity Gaming

Casino & Gaming SmartBrief | Jun 30, 2015

The bid for casino operator Affinity Gaming has increased, with Illinois investment group Z Capital now offering $11.50 per share for the company. In May Affinity rejected Z Capital's offer of $9.75 per share. Z Capital owns 40.5% of the company. Las Vegas Review-Journal (06/29)


6. Casino industry hopes skill games will draw players uninterested in slots

Casino & Gaming SmartBrief | Jun 30, 2015

Casino industry analysts and game developers agree that younger players, who are often disinterested in slots, may be drawn in by games with skill-based elements. Game developer Gregg Giuffria is working on a line of betting games that feature joysticks and controllers. "The next wave of people aren't going to stand there and play slots. The industry has to change or disappear," he said. Brattleboro Reformer (Vt.) (06/30)


7. Lawsuits by players against tribal casinos face long odds

Casino & Gaming SmartBrief | Jul 02, 2015

Players who say they were unfairly treated as advantage players are suing tribal casinos in Connecticut and Arizona. Three Chinese gamblers say Connecticut's Foxwoods Casino wrongly took $2.7 million in front money and winnings after they used a card-monitoring strategy known as edge-sorting, which they say is legal. The lawsuit was dismissed due to the casino owner's tribal immunity, with an appeal pending. Meanwhile, Arizona advantage players filed a suit that was not dismissed by a federal judge because the case named tribal officials individually. Star Tribune (Minneapolis-St. Paul, Minn.) (07/01)


8. Margaritaville CEO talks local, global expansion plans

Casino & Gaming SmartBrief | Jun 30, 2015

Margaritaville Holdings is on an aggressive path to expand, not just in the U.S. but globally, with its fourth hotel already under development. "The growth opportunity is somewhat boundless. We're going to be destination-focused in America and around the world," CEO John Cohlan said. HotelNewsNow.com (06/24)


9. Macau relaxes travel guidelines to encourage gaming activity

Casino & Gaming SmartBrief | Jul 01, 2015

Restrictions on tourists visiting Macau have been relaxed as part of an effort to revive casino income. Travelers with Chinese passports now will be allowed to stay in Macau for seven days rather than five, while gamblers can now visit twice every 30 days rather than every 60 days. UBS Securities analyst Anthony Wong believes the eased restrictions "might also suggest that current demand has reached a level the government feels a need to act to support it from falling further." Bloomberg (06/30)


10. Spokane tribe's Wash. casino to feature Hard Rock branding

Casino & Gaming SmartBrief | Jun 30, 2015

The Spokane tribe has inked a branding deal with Hard Rock Hotel & Casino for its proposed casino in Washington. The tribe now awaits approval from Gov. Jay Inslee, who can take up to 18 months to decide. The Spokesman-Review (Spokane, Wash.) (free content) (06/29)




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