In what amounts to a very substantial change of plans for a company that many expected to play a prominent role in America's regulated market for real-money online gambling, Zynga announced today that they are effectively abandoning the U.S. RMG industry. The company phrased it in slightly softer terms, of
Casino revenue in the Gulf Coast state of Mississippi was down in June over the same period in 2012, this according to a report published by Bloomberg Business Week. Mississippi offers casinos along its Gulf coastline, and also has river casinos. Bloomberg reported that May figures were more optimistic, with
Revel Casino has been working hard to shed its image as one of Atlantic City's biggest losers, though its new promotion designed to make slot machine players feel like winners is turning out to do anything but. In June, Revel announced a promotion that began on July 1. Under its
Last week a party was held to honor the success of a partnership announced last month between Chicago, Illinois-based Hyatt Hotels and MGM Resorts International that effectively merges the two companies' customer loyalty programs. MGM's rewards program is known as M Life, whereas Hyatt maintains the Gold Passport loyalty program.
This week a Board of Selectmen in Tewksbury, Massachusetts, approved a host agreement with Penn National, a gaming company based in Pennsylvania, to open and run a slots only parlor there. As Massachusetts is in the process of expanding its land-based casino offerings as an effort to compete with casinos
Having emerged from bankruptcy protection only a couple of months ago, Revel Atlantic City has been working hard to remake its image and in turn, its bottom line. As part of its efforts since it successfully completed a restructuring which saw creditors accepting equity in exchange for debt repayment, Revel
Word came today that two stalwart companies of the gaming industry - Bally Technologies and SHFL Entertainment - will join forces as Bally plans to buy out SHFL Entertainment for the price of $1.3 billion. SHFL Entertainment was formerly known as Shuffle Master, having changed its name last year in
Nuns having, or rather, wearing habits is a commonplace occurrence. Nuns who steal to support a gambling habit are certainly a rarity - just about as rare as a flying nun. Perhaps that's why the story of a New York nun being sentenced to a 90-day jail term for stealing to
Rumors surfaced this week that the so-called "Tiger Woods of poker," Phil Ivey, has made an agreement with a southern California indian tribe to be the face of their Internet gaming venture. Ivey is set to team up with the Pala Indian Tribe, which runs one of California's most successful
While PokerStars may be celebrating its recent deal to partner with the Atlantic City land-based casino Resorts in an Internet gambling venture, not everyone is thrilled about the turn of events. More specifically, the American Gaming Association, a powerful gambling industry group, says that it plans to oppose PokerStars' entry
This week a citizen's group in Springfield, Massachusetts, where MGM Resorts has proposed the construction of an $800 million resort casino, threw their support behind the effort. A public referendum will be held on July 16th, with Springfield's New North Citizens Council saying that they will urge local residents to
It's no secret that Atlantic City has been struggling for the better part of a decade, with revenue there having declined every year for the last six years thanks in large part to increased competition along the eastern seaboard, particularly from newer casino properties in neighboring Pennsylvania. A new advertising campaign seeks
