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December 21, 2012
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Gaming News By the Industry, For the Industry

  Top of the Deck 
 
  • Pinnacle Entertainment purchasing Ameristar in $869 million deal
    Pinnacle Entertainment announced today that it will acquire Ameristar Casinos for $869 million. "The acquisition of Ameristar is a transformative transaction for Pinnacle that will provide us the scale and diversification to more effectively compete," Pinnacle CEO Anthony Sanfilippo said. Acquiring Ameristar -- which Pinnacle valued at a total enterprise value of $2.8 billion -- will more than double the reach of the Las Vegas-based regional casino operator, adding Ameristar's properties in Colorado, Missouri, Indiana, Iowa, Mississippi and Nevada to its current properties in Louisiana, Missouri, Indiana and Ohio. Las Vegas Review-Journal (12/21) LinkedInFacebookTwitterEmail this Story
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  Industry Update 
  • Penn National considers bidding for new Maryland casino
    Penn National Gaming spokeswoman Karen Bailey said the company may seek to win the new casino license for Prince George's County, Md. Last month, state voters approved a ballot initiative in support of a new casino in the county as well as table games at the state's existing casinos. A state commission is expected to request casino proposals in January. The Washington Post (12/20) LinkedInFacebookTwitterEmail this Story
  • Penn National reveals details of Springfield, Mass., casino plan
    Penn National Gaming has formally disclosed details of the $807 million casino resort the company hopes to build in Springfield, Mass., during an event on Thursday. "We're just starting today. We've got a storefront here in downtown Springfield. We will be on the ground here day in and day out through the course of 2013 until we know whether we've got this license or not," said Timothy J. Wilmott, Penn National's president. The Republican (Springfield, Mass.) (12/21) LinkedInFacebookTwitterEmail this Story
  • Sportingbet accepts joint bid from William Hill, GCV
    William Hill and partner GVC Holdings will buy Sportingbet for $789 million. Under the agreement, William Hill will take control of Sportingbet's operations in Australia and Spain, while GVC would procure the online gaming group's businesses in other international markets. "This is bang in line with our strategy. More online revenues, more international revenues and more regulated revenues," said Ralph Topping, William Hill's chief executive. Reuters (12/20) LinkedInFacebookTwitterEmail this Story
  • Bally Technologies to provide games to Canadian lottery
    Bally Technologies has entered into an agreement to supply Saskatchewan's provincial lottery with 650 video lottery terminals. "Bally now supplies VLTs in five Canadian provinces, showing the company's continuing commitment to providing innovative technology for the Canadian gaming market," said Robert Parente, who is managing director of Canada for Bally Technologies. Las Vegas Review-Journal (12/20) LinkedInFacebookTwitterEmail this Story
  • Caesars to officially rename Imperial Palace
    Caesars Entertainment said it would formally change the name of its Imperial Palace to the Quad today. The renovation work on the property, which is part of the company's Linq development on the Las Vegas Strip, includes the casino, hotel lobby, facade, retail and dining spaces and should be finished late next year. Las Vegas Review-Journal (12/20) LinkedInFacebookTwitterEmail this Story
  iGaming 
  • Online gambling bill clears N.J. Senate
    The New Jersey Senate has voted to give final approval to an online gambling bill that would allow Atlantic City casinos to offer games on the Internet. "By allowing casinos to tap into the burgeoning trend of Internet wagering, we can put New Jersey at the forefront of this lucrative gaming market and give our casinos the competitive edge they need in the current economic climate," State Sen. Raymond Lesniak said. The legislation now heads to state Gov. Chris Christie's desk. NJ.com (Hackensack, N.J.)/Statehouse Bureau (12/20) LinkedInFacebookTwitterEmail this Story
  Tribal Gaming Spotlight 
  • Seminole Hard Rock opens gaming venue for Asian customers
    The Seminole Hard Rock Hotel & Casino near Tampa, Fla., has opened its Jubao Palace, a new gaming space created to appeal to visiting Asians. The space includes Baccarat and Pai Gow Poker tables and is designed to follow feng shui rules. "The (casino) industry has figured out that here's a group that is very much drawn to gambling, is passionate about gambling and accepts gambling. "The industry has a package and playbook that they know works," said Timothy Fong, director of the UCLA Gambling Studies program. Tampa Bay Times (St. Petersburg, Fla.) (12/21) LinkedInFacebookTwitterEmail this Story
  • Seneca Nation opens remodeled buffet at Niagara Falls, N.Y., casino
    The Seneca Nation of Indians has reopened a buffet at the tribe's casino in Niagara Falls, N.Y., following an $8.5 million renovation. "Our award-winning culinary team has redefined what it means to eat at a buffet and locals and tourists alike will come to know Thunder Falls Buffet as a must-visit dining location when visiting the Niagara Falls region," said Barry E. Snyder Sr., president of the Seneca Nation of Indians. Niagara Gazette (Niagara Falls, N.Y.) (12/20) LinkedInFacebookTwitterEmail this Story
  AGA & G2E News 
  • AGA releases report on environmental sustainability in the gaming industry
    As a part of its "All In for the Environment" campaign, the American Gaming Association (AGA) released a paper, titled "The Commercial Gaming Industry's Commitment to Environmental Sustainability," quantifying the substantial commitments to environmental sustainability and energy conservation made by the commercial gaming industry. The AGA also added new content to its website, including an infographic illustrating key findings from the report and case studies highlighting the specific efforts of individual gaming companies. To read the case studies and download the paper or infographic, visit the AGA website. LinkedInFacebookTwitterEmail this Story
  • G2E 2012 Ultra Lounge Uniform Fashion Show video, sponsored by Cintas
    If you missed the catwalk at G2E 2012, then take a few minutes to watch the video on the G2E Blog. The Ultra Lounge Uniform Fashion Show was the place to see the hottest ultra-lounge uniforms in 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 
How we spend our days is, of course, how we spend our lives."
--Annie Dillard,
American author


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