Archive | Casino industry

iGaming Investor Conference Hits NYC Tomorrow

iGaming Investor Conference Hits NYC Tomorrow iGaming Investor Conference Hits NYC TomorrowStart spreading the news.

On Tuesday, more than three dozen of America’s largest institutional investors will be in the Big Apple.

These financial titans, all of whom have a “significant investment in the Gaming and Leisure sector,” will attend a one-day iGaming Investor Conference at Morgan Stanley’s New York Office.
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iGaming Diversity Kicks into High Gear with Pala in NJ

iGaming Diversity Kicks into High Gear with Pala in NJ 300x240 iGaming Diversity Kicks into High Gear with Pala in NJPala Interactive, of the fastest growing real-money gaming providers, isn’t holding back in the Garden State.

As cries for more innovation and options ring out across the New Jersey iGaming space, Pala is answering the call.

PalaCasino has just announced the launch of 27 new games through its online platform PalaCasino.com.
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GameAccount and Maryland Live! Partner to Launch Simulated Online Gaming

 GameAccount and Maryland Live! Partner to Launch Simulated Online GamingIt’s a deal.

The news has just reached us that online gaming systems and software firm GameAccount Network will partner with U.S. land-based Maryland Live! Casino to launch a Simulated Gaming online experience.

Open to both new and existing customers, the Simulated Gaming venture is set to launch sometime during the second quarter of 2015.

“The new service will be made available via MarylandLiveCasino.com and integrated with the facility’s customer management system, which will allow players to use their Live! Rewards Card when playing,” noted iGamingBusiness.

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Big Time Battle: Caesars Entertainment Corp vs. Las Vegas Sands in Online Gambling Rumble

Big Time Battle Caesars Entertainment Corp vs Las Vegas Sands in Online Gambling Rumble 300x208 Big Time Battle: Caesars Entertainment Corp vs. Las Vegas Sands in Online Gambling RumbleIt’s one of the biggest brouhahas in Las Vegas: could online gambling be a boon to the casino industry?

There are pros and cons, of course. But the two big players are definitely gambling types.

“Caesars Entertainment Corporation leads the group of Vegas casino operators that are backing the legalization of online gambling in the United States. They believe that once online gambling becomes legal, Las Vegas-based casinos stand to benefit tremendously,” according to StreetWiseJournal.

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Bally in Business with Spirit Mountain Casino

Bally in Business with Spirit Mountain Casino 300x194 Bally in Business with Spirit Mountain CasinoScientific Games Corporation confirmed to mGamingWatch on Monday that Spirit Mountain Casino has selected the Company’s Bally systems solutions for its property in Mohave Valley, Arizona.

“Spirit Mountain will replace a competitor’s systems with the Bally SDS slot management system, which will be deployed across 250 slot machines to manage casino, slot, and hospitality data,” reads a provided statement.

SDS provides what the statement calls crucial game-monitoring data in real-time and fully integrates with other systems including the Bally CMP player-tracking system, which the casino also will utilize.
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Gaming Industry Already on the Radar of Presidential Politics?

Gaming Industry Already on the Radar of Presidential Politics 300x195 Gaming Industry Already on the Radar of Presidential Politics?Last week, the gaming industry took center stage in a national political discussion that was initiated by potential Republican presidential candidate and former Florida Governor Jeb Bush.

Bush visited Las Vegas in recent days to hold a public discussion.

The American Gaming Association (AGA), which is educating candidates about the industry and gaming employees about the candidates through its new “Gaming Votes” initiative, provided “key information about gaming” to inform the discussion.
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Northern Quest Resort & Casino Nabs Prestigious Award at 17th Annual Conference

Northern Quest Resort Casino 300x203 Northern Quest Resort & Casino Nabs Prestigious Award at 17th Annual ConferenceIt’s all smiles among staffers at Northern Quest Resort & Casino these days. The casino just won a top honor for its marketing efforts.

Marketing is critical for tribal casinos. Created eight years ago, the prestigious Barona/VCAT Award for Excellence in Indian Gaming Marketing was awarded to Northern Quest at a special industry luncheon in late January during the 17th Indian Gaming National Marketing Conference.

Dennis Conrad, president and chief strategist for Raving Consulting, which created the award was one of the main speakers at the event.

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mGamingWatch: The Week’s Top Stories

mGamingWatch The Week’s Top Stories7 300x225 mGamingWatch: The Week’s Top StoriesHere are some of the top stories in mobile and online gaming that we’ve been monitoring in recent days.

Social Mobile Gaming Giant Rakes in Big Cash from In-Game Ads
Whether you have a casino mobile game or a social gaming experiment, Zynga is proving once and for all that in-game ads can be very, very profitable for game makers.

Global Email Marketers Descend on Las Vegas
There’s a party in Las Vegas and email marketers everywhere are invited. International email marketers and industry leaders united in Vegas yesterday as the 10th annual MarketingSherpa Email Summit 2015 kicked off.
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Churchill Downs Officials Thrilled to Reel in Big Fish

Churchill Downs Officials Thrilled to Reel in Big Fish Churchill Downs Officials Thrilled to Reel in Big FishWould there be buyer’s remorse? That was a question being asked late last year upon word that Churchill Downs had acquired Big Fish Games.

Now, as more time has passed for the company to assess the fruits of its acquisition, the folks at Churchill Downs are elated with their big catch.

The Louisville racetrack and casino company closed a deal in mid-December valued at $800 million for the games company, and Thursday’s conference call with investors to discuss fourth-quarter and full-year earnings was the first read on how the purchase is playing out.

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What Do You Want to Bet That Casino Projections Now Routinely Miss Revenue Forecasts?

What Do You Want to Bet That Casino Projections Now Routinely Miss Revenue Forecasts What Do You Want to Bet That Casino Projections Now Routinely Miss Revenue Forecasts?Only a decade ago, casinos were viewed as the one-size-fits-all guaranteed antidote to declining state revenues. One by one, many states dismantled laws on the books that prohibited casinos altogether, or just land-based casinos, or some variation of the above.

The push to say yes to casinos was financial. Gambling — whether casinos or lottery ticket operations — have loomed large on the list of ways states have tried to grease the money machine.

But it’s not working. Or at least, not as well as most projections and advance business plans posit.

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