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February 11, 2013
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Gaming News By the Industry, For the Industry

  Top of the Deck 
  • Nevada casinos report revenue increase for 2012
    Nevada casinos took in revenues of $10.86 billion in 2012, compared with $10.7 billion in 2011. Gaming revenues on the Strip rose 2.3% to $6.2 billion in 2012 from $6 billion in the previous year. "We are slowly increasing revenues. We are still 15.5 percent below the peak in 2007, but we are gradually moving in the right direction," Nevada Gaming Control Board senior research analyst Michael Lawton said. Las Vegas Review-Journal (2/9) LinkedInFacebookTwitterEmail this Story
Selling your business? Here are 7 things you should do now.
If you're considering selling your business, you should be doing everything you can to get the best possible price. In just 7 simple steps you can improve your chances of attracting buyers and getting big bucks for your business. Read the article and learn the 7 steps.

  Industry Update 
  • Foxwoods partners with developer on proposed Milford, Mass., casino
    Foxwoods Resort Casino has agreed to partner with developer David Nunes on a proposed casino project in Milford, Mass. "We feel strongly that we're the best option, in terms of our expertise in this area, the quality of our site and what we'll do," said Foxwoods CEO Scott Butera, who added that the company would serve as a stakeholder, "full partner" and operator of the casino resort should the project obtain a license. The Boston Globe (tiered subscription model) (2/10) LinkedInFacebookTwitterEmail this Story
  • Mass. commission head expects busy year for casino companies
    Stephen P. Crosby, chairman of the Massachusetts Gaming Commission, said this year would be a critical period for casino companies competing to win a gaming license in the state. "It's going to be a busy year ... filled with aggressive competition," said Crosby. Eleven companies seeking to build three casinos and a slots-only facility in the state met the Jan. 15 deadline for submission of casino license applications with a $400,000 fee. The Republican (Springfield, Mass.) (2/10) LinkedInFacebookTwitterEmail this Story
  • Las Vegas welcomed 39.7 million visitors in 2012
    The Las Vegas Convention and Visitors Authority said last week that visits to Las Vegas were up 2.8% in December versus December 2011 and that 39.7 million people visited the city in 2012. "All in, December was a solid month on the Las Vegas Strip. That said, we think the mix shift of customers needs to change before we see a meaningful pickup in gaming and outside-the-room spending," said Bill Lerner, a Union Gaming analyst. (Las Vegas) (2/8) LinkedInFacebookTwitterEmail this Story
The ROI of Privacy with TRUSTe Solutions
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  Industry Voices 

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

  • Supporters express optimism on passage of N.J. online gambling bill
    Casino executives and some lawmakers in New Jersey have expressed optimism on the passage of a revised Internet gambling bill after Gov. Chris Christie conditionally vetoed legislation last week that would allow online gambling in the state. "We are confident that with the governor's recommended changes and New Jersey's longstanding commitment to the highest standards of integrity, this legislation will expand the ways in which customers can interact with us," Caesars Entertainment executive vice president Jan Jones said. The Press of Atlantic City (N.J.) (2/10) LinkedInFacebookTwitterEmail this Story
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  Tribal Gaming Spotlight 
  International Focus 
  Hot Topics 

Top five news stories selected by AGA SmartBrief a G2E production readers in the past week.

  • Results based on number of times each story was clicked by readers.
  AGA & G2E News 
  • Find economic impact data on state and county levels
    The AGA used the data from its comprehensive study of the impact of the commercial casino industry to create an interactive map that allows users to explore state- and county-level economic impacts throughout the country. Visit the "Beyond the Casino Floor" section of the AGA website to check out the interactive map. LinkedInFacebookTwitterEmail this Story
  • G2E Asia 2013 exhibitor spotlight: International Masters of Gaming Law
    The International Masters of Gaming Law is a nonprofit association of gaming attorneys, regulators, educators, executives, compliance officers and consultants from around the world who are dedicated to education and the exchange of professional information concerning all aspects of gaming law. IMGL membership consists of more than 275 members in 36 countries as well as members in 33 states and territories in the United States. For more information on IMGL, please visit International Masters of Gaming Law will exhibit at G2E Asia 2013 May 21-23 at The Venetian Macao. LinkedInFacebookTwitterEmail this Story
Learn more about AGA & G2E ->American Gaming Association  |  National Center for Responsible Gaming
Global Gaming Expo (G2E)  |  G2E Asia

The only man I know who behaves sensibly is my tailor; he takes my measurements anew each time he sees me. ... The rest go on with their old measurements and expect me to fit them."
--George Bernard Shaw,
Irish playwright

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