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December 28, 2012
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Gaming News By the Industry, For the Industry

  Top of the Deck 
 
  • Revel to receive $150 million additional financing
    Officials of the Revel casino in Atlantic City said the resort's investors will provide $150 million in additional capital to help the gaming facility improve its amenities and manage its debt. "We believe these new and expanded gaming offerings, combined with newly appointed leadership, specifically in our slot marketing area, will generate significant improvement in our overall gaming volumes, particularly as we enter into the spring and summer seasons," said Kevin DeSanctis, chairman and CEO of Revel. The Press of Atlantic City (N.J.) (12/27) LinkedInFacebookTwitterEmail this Story
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  Industry Update 
  • Workers acquire Casino Queen in St. Louis area
    Employees of the Casino Queen in the St. Louis area have purchased the gaming facility for $170 million through an employee stock ownership plan. "It allows employees to become beneficial owners in the company. The more successful the company is, the more value employees have individually in their retirement accounts," Casino Queen General Manager Jeff Watson said of the ownership plan. St. Louis Post-Dispatch (12/28) LinkedInFacebookTwitterEmail this Story
  • Las Vegas hotel rooms are still available to ring in 2013
    Hotel rooms in Las Vegas are still available -- though at premium prices -- as 2012 winds down and party-goers travel to Sin City for a weekend of splurging. "We're looking at an occupancy rate in the high 90s, but there will be rooms. One of the great things about Las Vegas is, you always can find rooms," said Dawn Christensen of the Las Vegas Convention and Visitors Authority. Las Vegas Sun (12/27) LinkedInFacebookTwitterEmail this Story
  • Chef at Aria restaurant touts fresh selections
    Bonifacio dela Cruz, executive chef of Tetsu at Aria Resort & Casino in Las Vegas, touts the fresh options included in the restaurant's seasonal menu. "We bring the market inside, using only fresh ingredients, and we cook on a teppan grill at the table, using only two knives to handle the food. We concentrate on the flavor of the food, not on putting on a show for the diners," dela Cruz said. Las Vegas Review-Journal (12/26) LinkedInFacebookTwitterEmail this Story
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  AGA & G2E News 
  • AGA releases comprehensive economic impact study
    The AGA recently released Beyond the Casino Floor: Economic Impacts of the Commercial Casino Industry, the largest and most comprehensive study of the total impact of the commercial casino industry in nearly 15 years. The report examines not only the direct economic impact on communities where casinos are located, but also the indirect and induced impacts of the industry and its employees nationwide. The study also measures the impact of the nongaming amenities that have become a crucial part of casinos' revenue streams. Download the full report. LinkedInFacebookTwitterEmail this Story
  • Save the date for G2E 2013!
    Mark your calendars now for G2E 2013, taking place one week earlier, Sept. 23-26 (Exhibits: Sept. 24-26) at the Sands Expo & Convention Center in Las Vegas. If you're interested in exhibiting at G2E 2013, e-mail Todd Sheahan. LinkedInFacebookTwitterEmail this Story
Learn more about AGA & G2E ->American Gaming Association  |  National Center for Responsible Gaming
Global Gaming Expo (G2E)  |  G2E Asia

  SmartQuote 
If all misfortunes were laid in one common heap whence everyone must take an equal portion, most people would be contented to take their own and depart."
--Socrates,
Greek philosopher


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