MGM China will pay the Macau government a total of $161.4 million for the land with a $56.2 million downpayment and eight subsequent installments of $13.15 million to pay for the remaining $105.2 million.
The deal, according to MGM China Holdings Ltd. involves a 7.2 hectare plot of land in the Cotai district
Penn National Gaming has been the strongest opponent of Question 7 and has taken great lengths in promoting their cause, having spent $21.6 million in their attempts to defeat the referendum
Revenue at Nevada's casinos is down; Maryland spends huge on referendum; Ohio revenues down
As the first African-American to be named as President of a major Las Vegas casino resort, Creighton's 20 years of experience in the casino business makes him one of the foremost minds in the industry
With the $18 million in gambling campaign funds, Penn National has lived up to its strong opposition to the bill, accounting for over half of the total outlays by all companies with expansion plans that have now added up to $32 million.
Massachusetts is waiting until 2014; Toronto has been offered a permanent Cirque du Soleil by MGM; Florida to study gambling
Gaming Industry: Paul Godfrey, Ontario Lottery and Gaming Corporation (OLG) is making a pitch for a billion-dollar casino project in Toronto.
Vince Martin shares his optimistic projections for the online poker market, and the profit potential for publicly traded iGaming companies.
Wells Fargo analysts released their Gaming Model Book covering 12 stocks in the gambling sector which has a wealth of detail.
