Operating profits at Atlantic City's nine casinos are down this year due to the opening of two new gaming venues. "While the market has grown, profit margins remain tight, reflecting the competitive landscape," New Jersey Casino Control Commission Chairman James Plousis said.
Interactive gaming, holograms and interactive art are the latest technology features coming on line at The Linq Hotel and Casino in Las Vegas. "We saw that the industry was changing, and the customers were changing -- how they consume, content, the type of experiences they wanted," said Matthew Kenagy of Caesars Entertainment Corp.
Bloomberry Resorts says that it will not participate in Osaka's selection process for a casino resort development but that it is interested in developing a casino in another part of Japan. Tokyo or Yokohama may be future options for a project, according to the company.
A casino proposal by the Catawba Indian Nation is receiving pushback from North Carolina legislators and the Eastern Band of Cherokee Indians. The Cherokee tribe operates the Harrah's Cherokee Casino Resort and Harrah's Cherokee Valley River Casino and Hotel.
Sustainability is a priority and key part of the brand for 1 Hotels, which is cutting down on its use of plastic and created the "Save Our Shores" campaign. "I wanted to capture the beauty of nature in a hotel and commit to safeguarding it as best I can, a responsibility that I believe we all share," CEO Barry Sternlicht said.
The Government Tourism Office in Macao will poll visitors, travel-related businesses and residents about whether to add a tourist tax and how to spend resulting revenue. The concept is still in the early stages, with no details laid out yet.
Union Gaming Securities Asia analysts expressed concern that the region's level of economic growth cannot support the planned $65 billion in casino development. "The reality is that the current pipeline in just the existing markets (forget about Japan for now) requires EBITDA in Asia to literally double. ... The math simply doesn't work from a GDP perspective (excepting Japan)," the analysts write.
Complexity Gaming's 11,000-square-foot headquarters in Frisco, Texas, is designed to make esports participants feel like professional athletes. It features training areas that simulate competition venues, plus a lab, Mind Gym, Decompression Porch and more.
Wynn Resorts CEO Matt Maddox has been in talks with MGM Resorts CEO Jim Murren about a possible sale of Massachusetts' Encore Boston Harbor, which is slated to open next month after a long battle to retain its license in the wake of a scandal related to co-founder Steve Wynn. "Our conversations will not impact the jobs at our facilities and will not impact the opening of Encore Boston Harbor," the two companies said.
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