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- Nevada economy is rebounding slowly, economists say
Economists at a meeting sponsored by the University of Nevada, Las Vegas, at the M Resort in Henderson, Nev., on Monday said the state's economy is slowly improving. "We're still a long ways away from where we were in 2007, but we're improving. Our growth is slower than the rest of the nation but, of course, we're recovering from a lot steeper losses," said Stephen Brown, director of UNLV's Center for Business and Economic Research. Las Vegas Sun
(12/10)     
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- Atlantic City reports November gaming revenue of $176.6 million
Atlantic City's Division of Gaming Enforcement released figures Monday showing that casinos in the city took in $176.6 million in gambling revenues in November. The gaming facilities, which were ordered to close for several days due to superstorm Sandy, reported lower revenues for the month. Revel CEO Kevin DeSanctis noted that the hurricane affected the city's feeder markets in North Jersey and New York. "Clearly, the visitation was impacted as those areas work to get their lives back to some type of normalcy. We are hopeful that as those areas recover, so will the visitation to Atlantic City," DeSanctis said. The Press of Atlantic City (N.J.)
(12/11)
- City Council committee OKs Horseshoe Casino Cincinnati's sign
The Cincinnati City Council Budget and Finance Committee gave nonbinding approval of a plan to install an 80-foot sign along Interstate 71 to attract customers to the Horseshoe Casino. Kevin Kline, the casino's general manager, said the sign's color scheme, which is black, yellow and pink, is distinctive to the gambling facility. "The design is special to Cincinnati -- the first of its kind," Kline said. Cincinnati.com
(12/11)
| Tribal Gaming Spotlight | | |
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- Developers unveil details of casino proposed for Sioux City, Iowa
Warrior Entertainment, a partnership formed by the Winnebago Tribe development firm Ho-Chunk and local businessman Lew Weinberg and other investors, announced details of its proposed Warrior Casino & Hotel project during a public presentation Monday. The company, which plans to remodel the hotel, wants to add a 300-seat bar and restaurant on top of the historic building and include an entertainment venue. Sioux City Journal (Iowa)
(12/10)
- Cherokee Nation's new Fort Gibson, Okla., casino nearly done
Work on the Cherokee Nation's new $20 million casino in Fort Gibson, Okla., is almost finished. The casino will include 500 electronic games, a bar and a restaurant. "Instead of being in modulars now, we have a full-blown facility that is three times the physical size of the one we had, so it's going to be easier to keep the air fresh and we're going to have a venue for quality food, and we can feed 100 people at any given time. It's something Cherokee people can be proud of," said Cherokee Nation Principal Chief Bill John Baker. Cherokee Phoenix (Tahlequah, Okla.)
(12/10)
| International Focus | | |
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- Universal Entertainment inks casino deal with South Korean firm
Universal Entertainment, which is headed by Japanese billionaire Kazuo Okada, has signed a casino agreement with South Korean company Shinsegae Group. "The agreement was signed in preparation for commencing discussions regarding the commercial facilities at the casino resort complex development project at Yeongjongdo Island, Incheon, Korea, being undertaken by the Shinsegae Group," Universal said. MacauBusiness.com
(12/10)
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Take part in training opportunities with the NCRG Webinar Series
Created in conjunction with G2E, the NCRG Webinar Series provides free year-round educational opportunities to help individuals better understand critical issues related to gambling disorders and responsible gaming -- without having to leave their own home or office. You can learn more about these free training sessions by visiting the NCRG's upcoming webinar page.
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Recap G2E 2012 and prepare for G2E Asia 2013 with the G2E Blog
Check out highlights from G2E 2012 and all of the new happenings for G2E Asia 2013 on the G2E Blog and www.globalgamingexpo.com. See how G2E is preparing for 2013 and what's going on in the gaming industry today.
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