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December 19, 2012
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Gaming News By the Industry, For the Industry

  Top of the Deck 
 
Casinos: Extend your brand to the online space
Williams Interactive extends WMS's player-favorite content across a variety of channels, including social, casual, and mobile. In pre-regulation markets, Williams offers a B2B, white label Play4Fun online casino and peer-to-peer online poker powered by 888. Find out more about Williams Interactive's Products and services.
  Industry Update 
  • Developers to present Philadelphia casino proposals in February
    The Pennsylvania Gaming Control Board has set February as the date for six developers seeking to win Philadelphia's second casino license to present their proposals to the public. "For those organizations, the public, (and) government officials who want to know firsthand about these projects, I urge them to be at the February daylong event, and each of the applicants will have ample time to unroll their projects out in a public setting," said Doug Harbach, a spokesman for the board. KYW-TV (Philadelphia) (12/18) LinkedInFacebookTwitterEmail this Story
  • Cantor Gaming agrees to offer sports wagering at Las Vegas bar
    Cantor Gaming has entered into a deal to offer its sports betting services at Torrey Pines Pub in Las Vegas. The agreement, which is the second deal announced by the company this week, will allow customers at the bar to create and use an account with Cantor to place bets anywhere in the state through the company's mobile application. Las Vegas Review-Journal (12/18) LinkedInFacebookTwitterEmail this Story
  • Penn National pitches casino plans in Sioux City, Iowa
    Penn National Gaming held an event Tuesday to present its plans for a casino in Sioux City, Iowa, that would replace the company's Argosy riverboat casino in the city. The company, which hopes to build a Hollywood-themed gaming facility, showcased movie props at the gathering. "We really wanted to capture what Hollywood means. Which is the 1930's-40's golden age of Hollywood, combined with the digital feel of today's age," said Karen Bailey, Penn National's public affairs director. KTIV-TV (Sioux City, Iowa) (12/18) LinkedInFacebookTwitterEmail this Story
  • Owner obtains financing for Md.'s Rocky Gap casino resort
    Lakes Entertainment, the parent company of Rocky Gap Lodge and Golf Resort owner Evitts Resorts, has secured $17.5 million in financing that will be used to improve the Western Maryland resort. Plans call for the renovation of the resort's hotel rooms and lobby, and the construction of a meeting room and a casino. The Allegany County casino, which is expected to open in June, will house 10 table games and 550 slot machines. American City Business Journals/Baltimore (12/18) LinkedInFacebookTwitterEmail this Story
  • Art galleries to take over first floor of Atlantic City parking garage
    Atlantic City, N.J., officials have announced plans to convert the first floor of a $30 million parking garage into an art retail space, which is part of a plan to establish an arts district in the city. "Atlantic City has a tremendous arts community, but it hasn't yet been fully formed. I'd like to think that this will create the energy behind other improvements. I hope we can create enough momentum to sustain this," Casino Reinvestment Development Authority Executive Director John Palmieri said of the project. The Press of Atlantic City (N.J.) (12/18) LinkedInFacebookTwitterEmail this Story
Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

  Issues, Trends & Technology 
 
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.

  Tribal Gaming Spotlight 
 
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

  International Focus 
  • Sky City to spend $285 million for Adelaide Casino expansion
    Sky City Entertainment Group said it would invest $285 million to upgrade its Adelaide Casino in Australia after local officials agreed to tax rate changes and approved the installation of more slot machines at the gambling facility. "After two-and-a-half years of negotiations, we are delighted to reach agreement with the South Australian Government which levels the playing field with our regional competitors," said Nigel Morrison, Sky City's chief executive. Reuters (12/18) LinkedInFacebookTwitterEmail this Story
  • Galaxy announces $6.5B expansion of Cotai casino
    Galaxy Entertainment expects to spend up to $6.5 billion on the third-phase expansion of its casino resort in Macau's Cotai strip. Yoko Ku, a spokeswoman for the company, said the construction on Phase 3 is expected to begin late next year or early in 2014. Bloomberg (12/19) LinkedInFacebookTwitterEmail this Story

  AGA & G2E News 
  • AGA report details opportunities for effectively regulating online poker
    A recent AGA white paper, "Online Gambling Five Years After UIGEA," examines the state of the online gambling market in the United States and around the world and the principal public policy concerns surrounding online gambling -- ensuring the integrity of the games, respecting territorial limits, excluding underage gamblers and implementing responsible gaming programs -- and how they can be addressed successfully with regulation and new technology. The paper concludes that Congress has a unique opportunity to build a comprehensive policy that includes the licensing and regulation of online poker. Download the full paper here. LinkedInFacebookTwitterEmail this Story
  • G2E Asia 2013 exhibitor spotlight: Crane Payment Solutions
    Crane Payment Solutions -- This group includes CashCode, NRI and its newest member, Money Controls. Crane Payments is responsible for the industry's innovative payment designs. Products include the CashCode one™, Money Controls' Ardac Elite, Cyclone Hopper and the Universal Hopper. Crane Payment Solutions 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

  SmartQuote 
To be without some of the things you want is an indispensable part of happiness."
--Bertrand Russell,
British philosopher, mathematician and historian


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