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February 5, 2013
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Gaming News By the Industry, For the Industry

  Top of the Deck 
  • AGA VP calls for federal online poker legislation
    American Gaming Association Vice President Whitaker Askew told delegates at a symposium in Atlantic City's Resorts Casino Hotel on Monday that Congress should pass a federal online gambling bill that limits online betting to poker. "The federal solution is the best way of doing this," Askew said, because it will offer better protection for consumers. Meanwhile, New Jersey waits for Gov. Chris Christie's decision on an Internet gambling bill passed by the legislature. The Press of Atlantic City (N.J.) (2/4) LinkedInFacebookTwitterEmail this Story
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  Industry Update 
 
  • Caesars says it may sell a stake in online business, 2 casinos
    Caesars Entertainment has announced that may sell a stake in Caesars Interactive Entertainment, Planet Hollywood in Las Vegas and an ongoing casino project in Baltimore to boost its funds and credit rating. "We are pursuing this transaction because we believe it will improve our liquidity and credit profile, enhance our distribution network and provide additional support for potential new ventures," the company said. Bloomberg Businessweek (2/4) LinkedInFacebookTwitterEmail this Story
  • Caesars plans $1.5 billion debt offering: Caesars Entertainment has informed the Securities and Exchange Commission that it plans to sell $1.5 billion in a debt offering. The company said it would use the proceeds to make payments on expenses and fees as well as other debt. Las Vegas Review-Journal (2/4) LinkedInFacebookTwitterEmail this Story
  • Nev. board records $98.9 million in wagers on Super Bowl
    The Nevada Gaming Control Board said gamblers wagered a record-setting $98.9 million on this year's Super Bowl, which outpaced the $93 million total bet in 2006. Sports books in the state won $7.2 million on the Baltimore Ravens 34-31 victory against the San Francisco 49ers. Las Vegas Sun (2/4) LinkedInFacebookTwitterEmail this Story
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  iGaming 
 
  • Atlantic Club head wants N.J. governor to sign online gambling bill
    Michael Frawley, president of the Atlantic Club Casino Hotel, has called on New Jersey Gov. Chris Christie to sign a bill that would legalize online gambling in the state. "I see this as an amazing opportunity for New Jersey, a defining moment for The Atlantic Club, for the city and for New Jersey. We have a potential purchaser willing to build its U.S. corporate headquarters in the city, and willing to build a call center elsewhere in New Jersey. This is much more than just someone sitting in their living room with a computer," Frawley said. The Philadelphia Inquirer/The Associated Press (2/4) 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 
  International Focus 
  • Construction starts on Genting's casino near Birmingham, England
    Genting's new casino at the National Exhibition Centre site near Birmingham, England, is officially under construction. The Resorts World Birmingham, which will employ 1,100, should be ready to open in 2015. "We are genuinely proud to be officially starting the construction work on Resorts World Birmingham. Our partnership with Genting marks an important step in our wider vision to make the NEC site more of a destination and the place where people come to discover the future," said Paul Thandi, the NEC Group's chief executive. BBC (2/4) LinkedInFacebookTwitterEmail this Story
  Finance & Policy 
  • Bill would allow slot machines at Baltimore airport
    Maryland state Del. Eric M. Bromwell has introduced a bill that would allow up to 2,500 slot machines at Baltimore–Washington International Airport. "I consider this to be the ultimate alternative to a gas tax. This is exactly how we pay for roads," Bromwell said. He added that the slots could be placed in an arcade-style setting that is set aside for gamblers and away from children and non-gamblers. The Baltimore Sun (2/4) LinkedInFacebookTwitterEmail this Story
  AGA & G2E News 
  • Have the commercial casino industry at your fingertips
    The AGA website is your gateway to all of the information you need to get up to speed -- and stay there -- on the commercial casino industry. Whether you are looking for information on federal issues affecting the gaming industry; original research on topics like the economic impact of the commercial casino industry, online poker or regulatory reform; or information on AGA programs and events, the AGA website is the place to go for what you need. LinkedInFacebookTwitterEmail this Story
  • G2E Blog post: G2E Asia Conference & Global Markets Forum sessions coming soon
    The conference program for G2E Asia is in the works and the team will be unveiling session information soon. Check out the latest G2E Blog post for more information. And save the date for G2E Asia, taking place 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

  SmartQuote 
Failure changes for the better, success for the worse."
--Seneca the Younger,
Roman philosopher, statesman and playwright


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