GLG News by Online Gaming Experts

Only time will tell whether the expenditure of $430 million was a wise decision for Caesars Windsor. If the decision to make this expenditure were being made today the current state of the financial markets would have probably mad4 the decisions for them. Casinos in North American are facing unprecedented...

Can this “new” facility attract enough incremental play and visitation to justify the cost?  With high gas prices, increase border security, an overall weak economy and a weak dollar, how many Americans will make the trip on a regular basis?

The buyers' willingness to pay a $225 million kill fee and an interest free loan of $1.25 billion shows that things are as bad as they seem -- not for gaming, but for banks.  Penn Gaming gets an enormous influx of cash, making it even more attractive for future buyouts. ...

Smoking and gaming go hand in hand.

In every case I am aware of, banning smoking has led directly to a decrease in gaming revenue, Michigan may not continue this trend. 

Harrah's went form having a strong balance sheet to having a very weak one.

Lyle Berman, head of Lakes Entertainment (LACO), is running a smart campaign to get voters to approve a monopoly casino for Ohio.  History is against him.  But the economic downturn is a major boost, and the timing of the area's largest employer leaving could not be better.

Besides the short-term financials, there are good reasons for the deal to be completed.  One item that has not been mentioned in the news coverage is that gaming regulators hate being misled, and the gaming industry is fairly small.  If Fortress or its banks back out completely, they...

Loss of on-site golf course Is the convention business complemtary to a high end casino? Is this just an attempt to drive revenue from a new (different) market segment?

Talkster’s free international call service is supposed to be popular among Chinese consumers, but is not welcomed by local telecom operators. While foreign VOIP service providers attempt to capture this huge market, they may have a hard time to grow the business in China.