Articles

With several tribal gaming borrower defaults recently gaining national media attention, there has been much speculation with regard to the viability, enforceability and overall strength of tribal casino/resort investments. A discussion of key critical lending and investment considerations is certainly warranted.

Immoral, destructive and prohibited. These are just a few of the words previously associated with the word “gambling” by government officials. Today, however, if one mentions gambling to a legislator in most states, you are more likely to be met with responses like revenue, taxation or balancing the budget.

Mark Bennett has an incredible gaming pedigree. The young executive, hand selected to excel in a prestigious industry training program, is now the vice president of slot operations at Mandalay Bay Resort and Casino. He recently told The Gaming Life about gaming’s future and why, sometimes, he should be avoided on Monday mornings.

Do you have a book or two in your library that captured your imagination because it was so compelling, with such rich perspective found in the first read that you find yourself reading it time and time again over many years to harvest more rich little nuggets of enlightenment?

When the Kalispel Tribe of Indians realized the Inland Northwest area of
the United States needed a tourism boost, they rightly turned to Hnedak
Bobo Group (HBG) architects to expand the Northern Quest Resort &
Casino into a beautiful, world-class casino property near Spokane, Wash

Mark Bennett has an incredible gaming pedigree. The young executive, hand selected to excel in a prestigious industry training program, is now the vice president of slot operations at Mandalay Bay Resort and Casino. He recently told The Gaming Life about gaming’s future and why, sometimes, he should be avoided on Monday mornings.

Argentina is fast emerging from the worst economic depression in its
history. In 2001 alone, violent clashes between protesters and police
left 27 dead on the streets of Buenos Aires, the president resigned,
Argentina defaulted on a substantial amount of its U.S. $132 billion
debt, and the peso’s peg to the dollar was abandoned.

In the debut of CEM's new column focusing on industry news from Latin America, we round up news from Costa Rica, Guatemala, Venezuala and Chavez's new attention to gaming, Puerto Rico's gaming law, Cirsa's expanded operations, and the effect of Chile's recent earthquake. 

Managing a casino is challenging in the best of times, and even more so
in a tough economic environment. Investing in technology that enables
managers to work smarter and more efficiently has never been more
important. In fact, it is essential to streamlining operations and
increasing profitability. Selecting the right technology vendor is also critical to success.

Immoral, destructive and prohibited. These are just a few of the words previously associated with the word “gambling” by government officials. Today, however, if one mentions gambling to a legislator in most states, you are more likely to be met with responses like revenue, taxation or balancing the budget.