The economy has allegedly taken its first steps on the road to recovery, but with capital markets still tighter than Spandex and consumers’ wallets all but sealed shut, now’s not the time to trust your bottom line to automatically return to where it was two years ago. It might, however, be time to trust an outside resource to help rev up revenue, pull in new players or plan your next strategic step.
Once the sun sets near the equator, sun-bathed tourists often begin to flock to one of the many land-based or cruise ship casinos found throughout the Caribbean and Central and South America. Find out what's new in some of these regions' top gaming locales.
On Feb. 11, 2009, Sen. Jean-Marie Lapointe reintroduced into the Senate a bill that has been his personal crusade for more than six years. Bill S-226, like its many predecessors, would make it illegal to operate video lottery terminals (VLTs) in restaurants and bars, restricting their use to casinos, racetracks and betting theatres.
In this second installment of CEM’s exploration of all things networked gaming, industry insiders and innovators tackle open standards. Are they working? Are they enough? Join us as industry-leading contributors share their thoughts on open standards, starting with the Gaming Standards Association’s System to System and Game to System standards and how they will affect the future of the casino floor.
Recession? What recession? Macau’s first quarter gross casino gaming revenue for 2009 has everyone wondering if the global recession has come and gone. At $3.25 billion (U.S.), gross revenue for Q1 2009 is 8 percent higher than the fourth quarter of 2008. Combined with the upcoming opening of City of Dreams and promises of support from provincial governments, there is cautious optimism in the industry.
It isn’t hard to be good at something. To be great, though, is worthy of taking notice. For this year’s awards, we are honoring 10 women who are just that—great. Learn more about the five Proven Leaders and the five Rising Stars who were chosen as this year’s Great Women of Gaming and what incredible things they’ve done for the industry.
Another year of product development has flown by, and for our third annual Slot Floor Technology Awards, that means another round of 10 award winners. We unveil this year’s top new slot floor products, the judges who chose them, and why each product is worthy of the award. The products are a testament to the commitment of their developers. And it is our belief that such dedication should be honored.
National Congress of American Indians President Joe Garcia speaks candidly with CEM about everything from his career as a quasi-rock star to his unexpected debut as a tribal leader in Indian Country, including why he considers himself an “alien” in national politics.
By Bruce Beesley, Sean McGuinness and Tricia Darby
Author:
Bruce Beesley, Sean McGuinness and Tricia Darby
The current economic crisis facing the United States (and the world, for that matter) is also impacting the casino gaming industry. The reason for this is that many institutional investors on Wall Street, as well as private equity firms and large national/international banks, either own equity in or have lent money to public and private gaming companies...
From the north side of the Las Vegas Strip to the south, it’s not hard to find the scaffolding of another new casino or hotel or restaurant or entertainment facility taking shape. Many of us can’t help but wonder, how can this be? After all, aren’t we in the throes of a global recession? Unfortunately, there’s more than meets the eye for many of these projects—and not all of it is cause for celebration.
