Category Archives: IGT

Massachusetts: A call to action

Posted on June 26, 2014 by David McKee

Casino companies in Massachusetts “could” or “may” team up to fight the repeal effort currently underway. How about “must” or “should”? If ever there were an imperative for joint action, this is it. Perhaps even Wynn Resorts and Mohegan Sun could … Continue reading →

Posted in Economy, Election, Foxwoods, Geoff Freeman, Horseracing, IGT, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Steve Wynn | Comments Off

Freeman’s strange plea; Aristocrat on the move

Posted on June 26, 2014 by David McKee

This morning, a strange letter landed upon my cyber-desk, signed by American Gaming Association Senior Vice President of Public Affairs Sara Rayme. However, it’s perfectly congruent with the aggressive tendencies of AGA President Geoff Freeman, so I look upon him … Continue reading →

Posted in Aristocrat, Geoff Freeman, IGT, Internet gambling, Politics, Technology, Texas, Tribal | Comments Off

Hot pursuit for IGT; Players leave good deal on table

Posted on June 17, 2014 by David McKee

It’s a feeding frenzy for International Game Technology. Among those who were quick to pounce on rumors of a sale were lottery king Gtech, Caesars Entertainment co-owner Apollo Management, Ron Perelman-controlled MacAndrews & Forbes Inc. and Carlyle Group, with the … Continue reading →

Posted in Atlantic City, California, Cosmopolitan, Harrah's, IGT, Internet gambling, Scientific Games, Tilman Fertitta, Tribal, Wall Street | Comments Off

IGT on the block; AGA: You love gambling

Posted on June 10, 2014 by David McKee

Looking to goose its stock price, International Game Technology has put itself up for sale, according to Reuters. IGT has evidently been able to keep the process top-hush for two months, as it works with Morgan Stanley on constructing a … Continue reading →

Posted in Geoff Freeman, Harrah's, IGT, Wall Street | Comments Off

IGT: Don’t cry for them Argentina

Posted on April 23, 2014 by David McKee

A 66% drop in profits for International Game Technology was one of yesterday’s headline events. Net revenues were off 15%. That $30 million in workforce cuts didn’t come soon enough to save the quarter, evidently. Wall Street analysts were remarkably … Continue reading →

Posted in Animals, Cosmopolitan, IGT, International, Internet gambling, Pets, Technology, Wall Street | Comments Off

The right amount of wrong ideas

Posted on April 22, 2014 by David McKee

When it comes to the U.S. gaming market, there’s nothing that can stand between James Packer and a bad investment, it seems, common sense least of all. According to Australian media reports, Deutsche Bank wants $1.5 billion-$2 billion for The … Continue reading →

Posted in Cosmopolitan, Dining, Entertainment, Fontainebleau, Harrah's, IGT, International, James Packer, Japan, Macau, Penn National, Pinnacle Entertainment, Station Casinos, The Strip, Wall Street | 1 Comment

Progress and caution

Posted on April 11, 2014 by David McKee

International Game Technology made history yesterday when it unrolled its Powerbucks interstate, progressive jackpot. Under this technological umbrella, IGT games at 22 Caesars Entertainment and Boyd Gaming properties in Las Vegas can be connected with those at five casinos in Atlantic … Continue reading →

Posted in Atlantic City, Boyd Gaming, Economy, Harrah's, IGT, Iowa, New York, Penn National, Pinnacle Entertainment, Racinos, Technology, The Strip, Tourism, TV, Wall Street | 1 Comment

Requiem for megaresorts?; Deferred deadline in Massachusetts

Posted on April 3, 2014 by David McKee

Is the megaresort era over? It had a pretty good run, from 1989 until the Great Recession. That’s a solid two decades. There are still one or two megaresort projects still out there, notably Genting Group‘s Resorts World Las Vegas. … Continue reading →

Posted in Foxwoods, Genting, Hard Rock Hotel, Harrah's, IGT, Internet gambling, Massachusetts, MGM Mirage, Morgans Hotel Group, Neil Bluhm, Regulation | Comments Off

No cause for jubilation; Cool spring at IGT

Posted on March 26, 2014 by David McKee

Audience feedback on the revamped, urbanized Jubilee! is starting to pour in … and it’s devastating. How bad can it be, I hear you say? Try this: “Like trying to save the Hindenburg with a bicycle pump … hands-down the … Continue reading →

Posted in Don Barden, Economy, Entertainment, Harrah's, IGT, Missouri, The Strip, Wall Street | 2 Comments

Itchy trigger fingers in Massachusetts; Boyd besieged

Posted on March 12, 2014 by David McKee

After moving with extreme deliberation on terrestrial casinos, the Massachusetts Gaming Commission suddenly has a fire under its butt to do something about Internet gambling. “The time is now … We can’t wait any longer, even though we’re still in the … Continue reading →

Posted in Bally Technologies, Boyd Gaming, Hawaii, Horseracing, IGT, Internet gambling, Massachusetts, Penn National, Pennsylvania, Racinos, Regulation, Wall Street | Comments Off

Macao’s incredible jackpot; Execs on the move

Posted on February 11, 2014 by David McKee

If you think the emergence of Macao as the gambling capital of the world has been amazing, you ain’t seen nothin’ yet. That’s the essence of a new report from Nomura Securities. It predicts that the Macao market has the … Continue reading →

Posted in Affinity Gaming, Colorado, Harrah's, IGT, Internet gambling, Macau, Melco Crown Entertainment, Sheldon Adelson, Stanley Ho, Wall Street | Comments Off

IGT disappoints, GOP hesitates

Posted on January 24, 2014 by David McKee

International Game Technology reported 1Q14 results that were great, if you read the Las Vegas Review-Journal, and disappointing if you read Wall Street analysts. Profits were up 21% — but revenue growth slowed to 2%. Social gaming was credited with … Continue reading →

Posted in Economy, IGT, Internet gambling, Politics, The Strip, Tourism, Wall Street | Comments Off

Dancing at the Downs; Sheldon Adelson, Luddite

Posted on December 3, 2013 by David McKee

Suffolk Downs isn’t going to have to perform the limbo to bring its casino project into zoning conformity but some fancy footwork will be required. Instead of one structure, there will have to be two. Non-gaming amenities will be clustered … Continue reading →

Posted in Bally Technologies, Current, Harrah's, IGT, Internet gambling, Massachusetts, Mohegan Sun, Regulation, Sam Nazarian, Sheldon Adelson, Technology | Comments Off

Mohegan switches sides in Massachusetts; Ghosts in the machine

Posted on December 3, 2013 by David McKee

It’s not quite official but the Mohegan Tribal Gaming Authority has thrown in its lot with Suffolk Downs, one of the dwindling number of candidates for a Massachusetts casino license (and where a big redesign is well underway). Mohegan Sun wasted … Continue reading →

Posted in Architecture, IGT, Massachusetts, MGM Mirage, Mohegan Sun, Pennsylvania, Technology, Wall Street | Comments Off

Semi-failure to launch; Crackdown in Illinois

Posted on November 22, 2013 by David McKee

It’s not just Obamacare that’s having Web site glitches in its launch. The same goes for New Jersey‘s ‘Net-betting system. Test player Joseph Brennen attempted logging in from within Atlantic City but kept getting error messages. “It’s frustrating knowing you’re … Continue reading →

Posted in Atlantic City, Bally Technologies, Economy, IGT, Illinois, International, Internet gambling, Regulation, Slot routes, Technology | Comments Off

Atlantic City ‘Net betting gathers speed; Render unto Loveman

Posted on October 17, 2013 by David McKee

Three more casinos have been green-lit to take Internet wagers along the Boardwalk. As you know, Borgata had already been approved. The second license went to the Golden Nugget, which is running its own site, with assistance from Bally Technologies. … Continue reading →

Posted in Arizona, Atlantic City, Boyd Gaming, Colony Capital, Harrah's, IGT, Internet gambling, Revel, Tilman Fertitta, Tribal, Trump Entertainment Resorts, Wisconsin | 1 Comment

Great idea, little hope; Another Palms flop

Posted on September 27, 2013 by David McKee

“I grew up playing Atari and Nintendo, and I want to believe my skill in these games has some effect on the outcome.” So says American Gaming Association President Geoff Freeman, lending his support to a new line of skill-based … Continue reading →

Posted in Bally Technologies, Dining, Foxwoods, G2E, Horseracing, IGT, Mohegan Sun, Palms, Technology | 1 Comment

Massachusetts: Victory in Leominster; Mazer makes waves

Posted on September 25, 2013 by David McKee

Cordish Gaming crushed the opposition in Leominster yesterday, winning approval for a slot parlor with 61% of the vote. The campaign was notable for the personal participation of David Cordish, who went door-to-door to drum up support. The whippet-thin senior … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Cordish Co., Election, Harrah's, IGT, Massachusetts, Neil Bluhm, New Hampshire, Penn National, Regulation, Rhode Island, Technology, Tilman Fertitta | 1 Comment

New look for IGT; Bally thinks small; Why see Britney?

Posted on September 24, 2013 by David McKee

There’s a new logo in town and it belongs to International Game Technology. That futuristic type you see is emblematic of the slot-machine company’s ongoing reinvention of itself into an online-gaming provider. The firm may be rolling out new machines … Continue reading →

Posted in Bally Technologies, Entertainment, IGT, Illinois, Internet gambling, Scientific Games, Shuffle Master, Slot routes, The Strip, Wall Street, WMS Industries | Comments Off

Next Stop: Sri Lanka; Terra incognita

Posted on September 12, 2013 by David McKee

Launching a pre-emptive strike on the Indian subcontinent, the government of Sri Lanka has gone into casino gambling in a big way. It’s approved a $350 million “mixed development” (that’s what casino-hotels are called over there) by James Packer‘s Crown … Continue reading →

Posted in Bally Technologies, IGT, International, Internet gambling, James Packer, Phil Ruffin, Regulation, Scientific Games, Taxes, Wall Street | Comments Off