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Archive 2009: 1st - 7th June

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Macau & G2E Asia
Back at my desk now and updates are underway.

My blog from the trip can be found on the GF forum @

G2E Asia & Bet Markets - Field trip report

To sum up the trip in a couple of paragraphs. The Bet Markets Asia conference was poorly attended. The City of Dreams opening was a success and the twin level casino is attractive and colourful. However the design of the 4 towers that make up the complex (with the exception of the Hard Rock) is disappointing - uninspiring may be a better word.

G2E Asia was interesting and attendance was reasonable. Macau continues to surprise and even with increased competition and economic downturn the Venetian looks set to remain the world's largest and busiest table games operation.

Both Wynn and LVS have sacked large numbers of ex-pat staff over the last 2 weeks. If S.A.R administrators are looking for Macau to mature into an internationaly recognised casino destination such decisions may prove to be very short sighted.

Ian

 
 
Saturday & Sunday, 6th & 7th June

Packer's new casino opens @ Yahoo!7 Video
Packer’s new casino opens - 1st June. Australia's Nine News
.
Las Vegas Sands To Restart Project - Bloomberg
.

Las Vegas & Nevada - UPI & RG-J
Las Vegas gaming revenues dip
"The Las Vegas Review-Journal reported Saturday that gaming revenues were $441.3 million in April, a decline of 15.8% compared with $524.1 million a year ago."
Nevada gaming revenue lagging
 

Las Vegas - Las Vegas Sun
Strip gaming win tumbles in April
"For the 16th straight month, gambling win on the Las Vegas Strip tumbled, falling 15.7% in April with only penny and $100 slot machines showing a gain."

additional headlines
MGM Mirage seeks consent for proposed amendment - Yahoo/AP
With Elvis-themed casino out, lenders want Strip property - Las Vegas Sun
www.fxree.com - FX Real Estate and Entertainment Inc.
http://finance.yahoo.com/q?s=FXRE.PK
Gaming board: No more ‘tolerance’ with Vegas company - Las Vegas Sun
www.lvgi.com - Las Vegas Gaming Inc.
Man conned out of £700k lotto cash - Express & Star
 


 
 
Friday, 5th June

Las Vegas - Las Vegas Review-Journal & Las Vegas Sun
Men who sued Sands Corp. for Macau aid reach accord
Las Vegas Sands settlement cancels trial over Macau interests

Las Vegas - Las Vegas Sun
Visitor decline shows smallest drop in 11 months
"The Las Vegas Convention and Visitors Authority said 3,171,043 people visited Las Vegas in April, which is down from 3,265,251 visitors in April 2008."
www.visitlasvegas.com

Las Vegas - Yahoo/PRNewswire & AP
Riviera Holdings to Voluntarily Delist From NYSE
Riviera Holdings voluntarily delists stock
http://finance.yahoo.com/q?s=RIV

Reno - Yahoo/PRNewswire
IGT Hires Microsoft's Chris Satchell as CTO
 

additional headlines
New Jersey's Corzine: Let all states bet on sports
Calder Race Course breaks ground on casino
www.calderracecourse.com
 


 
 
Thursday, 4th June

INTERVIEW-MGM Mirage in talks for casinos in Taiwan - Reuters

Gambling in Macau - Nightmare averted - The Economist

Table Trac Inc. Expands Systems Contract at Fort Sill Apache Casino
PokerTek Adds More Tables at Oaklawn Racing and Gaming


 
 
Wednesday, 3rd June

Thunderbird Resorts Inc.: Shareholder Proposals...
www.thunderbirdresorts.com
http://ca.finance.yahoo.com/q?s=THRSF.PK
http://uk.finance.yahoo.com/q?s=TBIRD.AS

 
 
Tuesday, 2nd June

First boxing match at English casino will be held in Plymouth
www.grosvenorcasinos.com

Playtech announces licence agreement with Betfair
www.playtech.com
http://en.wikipedia.org/wiki/Playtech
 

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