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October 25, 2012
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Gaming News By the Industry, For the Industry

  Top of the Deck 
 
  • Developer discloses details of proposed Philadelphia casino
    Bart Blatstein of Tower Investments wants to build a $700 million casino and entertainment complex in downtown Philadelphia that would be managed and operated by Hard Rock International. The project would include converting the former Inquirer building into a boutique hotel. The developer is eying Philadelphia's second casino license for the gaming facility, which would house up to 3,300 slot machines and 150 table games. "It's the biggest project that I will ever do. I will never do anything as game-changing and transformative as this. We want to create the best entertainment resort in the country," Blatstein said. American City Business Journals/Philadelphia/Natalie Kostelni blog (10/24) LinkedInFacebookTwitterEmail this Story

WMS unveiled this year's most exciting themes & platforms at G2E, including the one-of-a-kind Gamefield xD cabinet, Double Money Burst, SPIDER-MAN, CHEERS and more! WMS' insight, experience and solutions will empower your enterprise both on the casino floor and beyond as you engage your existing players while attracting new ones. Learn more about the games WMS showed at G2E today!
  Industry Update 
  • Isle of Capri's Missouri casino gets initial approval for license
    Isle of Capri's casino in Cape Girardeau, Mo., has been given initial approval by the Missouri Gaming Commission to receive a license to operate. The company will be licensed when the $135 million gaming facility opens next week. Chet Koch, Isle Cape Girardeau's general manager, said the company has already employed 725 people, exceeding the 450 jobs that the casino pledged to create. Southeast Missourian (Cape Girardeau) (10/25) LinkedInFacebookTwitterEmail this Story
  • Rock Ohio Caesars proposes tall sign for Horseshoe Casino Cincinnati
    Rock Ohio Caesars submitted an application Wednesday at a zoning hearing in Cincinnati seeking approval for a plan to install an 80-foot sign along Interstate 71 to attract customers to its Horseshoe Casino. According to the application, the casino finds the sign necessary because the facility sits 70 feet below the interstate. WXIX-TV (Cincinnati) (10/25) 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.

  iGaming 
 
  • Zynga to partner with bwin.party for real money gambling
    Social gaming company Zynga said it has finalized a partnership agreement with bwin.party Digital Entertainment to offer real-money casino games in the U.K. by the middle of next year. "Partnering with an established leader like bwin.party is a strategic and prudent way for us to enter a key [real-money gambling] market," said Barry Cottle, Zynga's executive vice president of corporate and business development. Fox Business/Dow Jones Newswires (10/24) 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.

  International Focus 
 
  • Melco Crown, Belle ink agreement for Manila casino hotel project
    Developer Belle Corp. said it has signed an agreement with Melco Crown Entertainment to develop a resort in Manila that would include a casino and a hotel. Belle said both companies agreed to make equal financial contributions for the project. "We are confident that MCE will bring its expertise in operating a highly successful integrated resort complex and strongly contribute to promoting the Philippines as one of Asia's premier tourism destinations," said Willy Ocier, Belle's vice chairman. Fox Business/Dow Jones Newswires (10/24) LinkedInFacebookTwitterEmail this Story
  • Q3 EBITDA for Galaxy soars by 46% to $335.5 million
    Galaxy Entertainment Group's third quarter EBITDA grew 46% to $335.5 million, which was lifted by the steady influx of visitors to its new gaming property. "The Macau gaming market continues to evolve with VIP gaming revenues moderating from historic highs and higher margin mass revenues growing as a proportion of total gaming revenue. Looking ahead, Galaxy remains very confident in the growth prospects for the industry," the company said. Reuters (10/24) 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

  AGA & G2E News 
  • Stay up-to-date on online poker
    Online poker is one of the hottest topics in today's gaming industry. Everyone seems to be talking about it -- politicians, regulators, gaming companies, the media and players -- but where can you get all the information about the issue that you need? The AGA has created the Online Poker Headquarters on its website with links to videos, opinion pieces, white papers and background about the issue, along with information about how you can get involved in the effort to pass federal legislation to allow states to legalize and regulate online poker. Visit the AGA's Online Poker Headquarters to see all of the resources that are available. LinkedInFacebookTwitterEmail this Story
Learn more about AGA & G2E ->American Gaming Association  |  National Center for Responsible Gaming
Global Gaming Expo (G2E)  |  G2E Asia

  SmartQuote 
In any field, find the strangest thing and then explore it."
--John Archibald Wheeler,
American theoretical physicist


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