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February 12, 2013
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Gaming News By the Industry, For the Industry

  Top of the Deck 
  • Springfield, Mass., mayor to negotiate with Penn National, MGM
    Springfield, Mass., Mayor Domenic J. Sarno said he would negotiate with both MGM Resorts International and Penn National Gaming regarding their casino proposals. "I have decided that both proposals have qualified to proceed to this next step in the selection process," Sarno said. Kevin E. Kennedy, chief development officer for the city, said casino negotiations could begin next week. The Republican (Springfield, Mass.) (2/11) LinkedInFacebookTwitterEmail this Story
How Much Do You Really Need to Make? The Answer May Shock You
Rather than focus on what you can afford to pull out of the business to cover your living expenses, you need to focus on how much you need to earn at your business in order to afford the lifestyle you want to have. This is where the Personal Earnings Goal, or PEG, comes into play. Learn how to calculate your PEG and find out how much you really need to make.

  Industry Update 
 
  • Gaming expert Bill Eadington loses battle with cancer
    Bill Eadington, director of the Institute for the Study of Gambling and Commercial Gaming at the University of Nevada, Reno, died of cancer Monday at 67. "One of the coolest things about him was he had a global perspective of what we can do out of UNR for the gaming industry worldwide. He made that whole thing take off. He had a grand vision and he pulled it off. He was a good friend to the community. It's a great loss," said Greg Mosier, dean of the UNR College of Business. Reno Gazette-Journal (Nev.) (2/11)
  • MGM seeks to re-establish casino license in New Jersey
    MGM Resorts International, which owns a half interest in Atlantic City's Borgata Hotel Casino & Spa, has filed a petition to the New Jersey Casino Control Commission to re-establish its casino license in the state. "If our petition is successful, we would welcome the opportunity to once again be an active, contributing member of the New Jersey gaming marketplace through our 50 percent ownership of Borgata," the company said. The Star-Ledger (Newark, N.J.)/The Associated Press (2/11) LinkedInFacebookTwitterEmail this Story
  • Z Capital proposes buyout of Affinity Gaming
    Z Capital Partners, the largest shareholder of Affinity Gaming, is seeking to acquire all outstanding shares of the Las Vegas-based company, according to a recent filing with the U.S. Securities and Exchange Commission. "Given the size of Affinity Gaming and that we already have a strategic ownership in Affinity Gaming, we believe this to be a fair price and we are convinced that your stockholders will find our offer extremely attractive," Z Capital CEO James Zenni said. Las Vegas Review-Journal (2/11) LinkedInFacebookTwitterEmail this Story
  • St. Louis-area casinos took in $83 million in January
    Figures released by the Illinois Gaming Board and Missouri Gaming Commission show that the six St. Louis-area casinos took in $83 million in gambling revenues in January. "We feel the economy has definitely impacted the (casino) revenues across the Midwest. Hopefully, as the weather breaks, people will start to return to their normal spending habits," said Joe Branchik, vice president of marketing at Lumière Place and River City. St. Louis Post-Dispatch (2/11) LinkedInFacebookTwitterEmail this Story
The ROI of Privacy with TRUSTe Solutions
Investment in a Data Privacy Management Platform can deliver significant, positive financial returns for corporate bottom lines. The "Total Economic Impact (TEI) of TRUSTe" Study explains how Forrester Analysts calculated a 151% ROI for TRUSTe customers. Download the study now.

  iGaming 
 
  • Atlantic City's Borgata to start offering in-room gambling
    Borgata Hotel Casino & Spa in Atlantic City on Monday will launch its E-Casino program, which will allow its guests to gamble through hotel television sets. Four kinds of video poker and slots will be available under the new program. "This puts us in a position to leverage the technology into true mobile gaming and Internet betting later on. We're moving forward with the future of gaming, and this is that first step," said Tom Ballance, Borgata's president and chief operating officer. The Washington Post/The Associated Press (2/11) LinkedInFacebookTwitterEmail this Story
Strategic Pricing: The Secret Sauce of Executives
Most travel, transportation and hospitality industries depend on their revenue management and pricing systems to make daily decisions. But those systems can also be used to make long-term decisions and reinforce strategic goals. Tightly integrating pricing strategy throughout your operations allows executives to make more balanced decisions. Click here for the free paper

  Tribal Gaming Spotlight 
  • Station Casinos reveals sketch of Calif. casino project
    Station Casinos has unveiled the design of the $800 million Graton Resort and Casino outside Rohnert Park, Calif. The resort is slated to open late this year. "I've worked hand in hand with Station and their architects to create something modern that would be timeless and reflect the local landscape and colors," Graton Rancheria Chairman Greg Sarris said. Station Casinos officials said a hotel would be built at a later date. The Press Democrat (Santa Rosa, Calif.) (2/12) LinkedInFacebookTwitterEmail this Story
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  AGA & G2E News 
  • Take full advantage of AGA research by going "Beyond the Casino Floor"
    When the AGA released its comprehensive study of the total impact of the commercial casino industry, "Beyond the Casino Floor: Economic Impacts of the Commercial Casino Industry," it made a number of other resources available that further tell the story of the industry's economic impact. The new Beyond the Casino Floor section of the AGA website includes a suite of resources: a copy of the report, an interactive map detailing state and local data, market data fact sheets and a section where casino employees talk about the impact the industry has had on their lives. Visit the Beyond the Casino Floor section of the AGA website to see all of the available tools. LinkedInFacebookTwitterEmail this Story
  • G2E TV interviewed Marcus Prater of the Association for Gaming Equipment Manufacturing (AGEM) at G2E 2012
    If you missed the interview with Marcus Prater, executive director of the Association for Gaming Equipment Manufacturing (AGEM) at G2E 2012, then take a few minutes to watch the video on the G2E Blog. Marcus discusses all of the new initiatives being implemented to keep ahead of the technology curve and the revitalization that iGaming will bring to the industry. LinkedInFacebookTwitterEmail this Story
Learn more about AGA & G2E ->American Gaming Association  |  National Center for Responsible Gaming
Global Gaming Expo (G2E)  |  G2E Asia

  SmartQuote 
We spend our time searching for security and hate it when we get it."
--John Steinbeck,
American author


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