Articles tagged “gaming”

This Tropical Chinese Island Is Quietly Transforming Into a Gaming Destination

This Tropical Chinese Island Is Quietly Transforming Into a Gaming Destination

Daniela Wei , Bloomberg

Gaming development on Hainan Island could have an impact on Macau, Singapore, and soon, Japan.

3 months ago

Elaine Wynn Emerges as a Shareholder Activist With a Refreshing Approach

Elaine Wynn Emerges as a Shareholder Activist With a Refreshing Approach

Joe Nocera, Bloomberg

Bloomberg columnist Joe Nocera adds up the victories by Steve Wynn's ex-wife Elaine as she attempts to clean up Wynn Resorts. He rightfully calls her a shareholder activist who breaks the mold because she doesn't have a cut-and-run mindset. Now there's a model for others to follow.

4 months ago

Wynn’s New Boston Casino Resort May Be Sold to MGM

Wynn’s New Boston Casino Resort May Be Sold to MGM

Christopher Palmeri, Bloomberg

So maybe MGM isn't buying all of Wynn Resorts, but hoping to settle for a piece of it in Boston?

5 months ago

Australia’s Bet on Chinese Tourism Is Clear in a $5,888-Per-Night Hotel Room

Australia’s Bet on Chinese Tourism Is Clear in a $5,888-Per-Night Hotel Room

Angus Whitley, Bloomberg

Las Vegas likely isn't a huge draw for the Chinese gambler crowd, but a looming U.S.-China trade war won't hurt Australia's prospects of attracting more Chinese high-rollers.

6 months ago

Getting Rid of Steve Wynn Could Help the Gaming Company in Giant Macau Market

Getting Rid of Steve Wynn Could Help the Gaming Company in Giant Macau Market

Daniela Wei and Bruce Einhorn, Bloomberg

The new license was going to be tough, and Wynn's behavior would have been a factor. The hotel giant needs to make sure it has serious and talented management in place now that he's gone – he can't be secretly operating behind the scenes.

8 months ago

Hotels and Casinos Will Be Packed for Macau’s Upcoming Golden Week

Hotels and Casinos Will Be Packed for Macau’s Upcoming Golden Week

Daniela Wei, Bloomberg

More money from gamblers and less attention being paid to corruption is very good news for the city.

12 months ago

How Monte Carlo Embraces Change for a New Luxury Customer

How Monte Carlo Embraces Change for a New Luxury Customer

Samantha Shankman , Skift

Monte Carlo might be known for its traditional luxury offering, but a deeper look shows a hospitality group that's keenly aware of its positioning, the changing market and how it must adapt to ensure a spot of the ultra-wealthy's jet set itineraries.

1 year ago

Hard Rock Bought Trump Taj Mahal and Union Workers Could Benefit

Hard Rock Bought Trump Taj Mahal and Union Workers Could Benefit

Wayne Parry, Associated Press

It's so said to see activist investor Carl Icahn, who was widely accused of destroying TWA back in the day, take a financial hit in his ownership of the Trump Taj Mahal in Atlantic City. So sad. Really.

2 years ago

Las Vegas Hopes New E-Sports Arena Will Appeal to Millennial Travelers

Las Vegas Hopes New E-Sports Arena Will Appeal to Millennial Travelers

Regina Garcia Cano, Associated Press

As gaming only grows in popularity, more video game-loving travelers will find satisfaction in tourist attractions that consider their interests and hobbies.

2 years ago

Japan’s Government Approves a Law That Opens the Country to Gaming

Japan’s Government Approves a Law That Opens the Country to Gaming

Kelvin Chan and Elaine Kurtenbach, Associated Press

Is gaming a good thing for Japan's tourism, especially when the country has seen record numbers as of late? Or is gaming more of a boost for domestic tourism numbers than international? Either way, we wonder if Japan will follow in Singapore's footsteps when it comes to constructing "integrated resorts," and pairing them with tough laws that keep citizens from losing their money at the tables.

2 years ago

Atlantic City’s Casino Crisis Continues as Trump Taj Mahal Closes

Atlantic City’s Casino Crisis Continues as Trump Taj Mahal Closes

Wayne Parry, Associated Press

Atlantic City's inability to acknowledge that it's events, not gambling, that could rescue the destination is its continual failing. That, and constantly betting on snake-oil salesmen to save the city despite the fact that they never do.

2 years ago

Casinos in the Northeastern U.S. are Reaching a Saturation Point

Casinos in the Northeastern U.S. are Reaching a Saturation Point

Brian Hallenbeck, Associated Press

Does the northeastern U.S. really need more casino resorts, especially when established gaming destinations like Atlantic City are struggling? Or is demand for these types of gaming-entertainment complexes so much that it justifies this slew of new resorts? We'll see how it all plays out.

2 years ago