Slot Machines, the Road to Nowhere
GGRAsia – Scepticism from investors over casino tech M&A
Gambling
Vegas Update Oct 10
Its been an interesting few days in Vegas. I’ve learned how to beat the sports books. Not for a lot of money, but for $10 to $50 a day depending on how many games are on. I’m doing this by arbitrage.… Continue Reading
Las Vegas Update Oct 9th
So I’ve been in town for a couple of days now. I arrived monday night and picked up a cheap rental Yaris for $8 per day before fees/insurance/taxes. I also got a $12 per day (before $14 per day in… Continue Reading
Sports Connection Mobile – Station Casinos
Yesterday I tried to sign up for and run the Sports Connection Mobile app from Station Casinos. I was pretty disappointed to learn that I won’t likely be able to use this app. I went to Texas Station to sign… Continue Reading
Brookfield wins Revel Bankruptcy Bid
An affiliate of Brookfield has won control of the Revel casino/hotel in Atlantic City with a $110 million bid. The property is unprofitable, but maybe with the recent closures in Atlantic City and a scaled down offering, Brookfield’s operators can turn… Continue Reading
Executive Departures at Boyd Gaming
Boyd Gaming today announced that Chief Operating OfficerPaul Chakmak will leave the Company, effective September 19. Keith Smith, President and Chief Executive Officer, will assume Chakmak’s responsibilities. Smith said: “Paul helped strengthen our financial organization as Chief Financial Officer, and… Continue Reading
Sports Betting Apps in Nevada
Mobile gaming is growing rapidly and new applications and types of games are being constantly developed. With a planned winter trip to Las Vegas and sports betting on my agenda, I thought it would be helpful to review the mobile… Continue Reading
MGM NJ Casino License Renewed
MGM once again granted New Jersey gaming license to regain control over stake in Atlantic City’s Borgata Hotel Casino
REIT Conversions in the US – like Canada?
Canadian investors will never forget Oct 31st 2006 and the impact that a change in federal tax law basically eliminated the incentive for many Canadian businesses to organize as income trusts. The elimination of the income trust “loophole” sent shock-waves through… Continue Reading
Massachusetts Casino Debates
Overall, I find the political debates in Massachusetts around whether to build Las Vegas style casinos kind of sad. There are already so many choices for Massachusetts residents who want to gamble. Its a short drive to casinos such as Mohegan… Continue Reading