Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane
This week’s casino news includes disappointing income reports from Encore Boston Harbor and the Macau casino industry. Our news report also contains the Cosmopolitan Las Vegas suing an NHL player for unpaid gambling debts. When it absolutely was authorized by Massachusetts voters in 2012, Encore Boston Harbor was sold to the public as a fix for the commonwealth’s revenue shortages.
There was a complete large amount of hype about the town of Boston finding a casino however the locals happen tepid when it comes to visiting it. We are going to start with that whole story as we recap this week’s casino news.
Encore Boston Harbor Falls Far Short Of Expectations in first Year
There were massive objectives for the Encore Boston Harbor whenever it first opened earlier in 2010 but as we approach the finish of the calendar year, it looks like they’ll miss out on their goals.
The Encore Boston Harbor is on speed to fall nearly $100 million shy of its first-year projections. The casino resort, which are priced at $2.6 billion to build, nevertheless made $175.8 million during its first quarter that is full of, so that it’s not just as if anybody is complaining. Nonetheless, while that number is impressive, it nevertheless puts Encore Boston Harbor on pace to fall $100 million short of its projected $800 million revenue for the year. Of course, that projection does not take in to account that the revenues for t Continue reading “Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane”
Casino Information – Wynn Wins Award, MGM Falls Short, OKC Jackpot Robbery
This week’s casino news starts us off having an update on how things are running at Wynn Resorts. For the time that is first a whilst, their workplace is generating positive not negative headlines.
Wynn Resorts Las Vegas Recognized With Great Workplace Certification Award
This is not, in fact, a headline from The Onion although you might do a double-take.
Wynn Resorts was in some warm water for a substantial amount of time after the exploits of its former ceo, Steve Wynn. Nevertheless, they’ve apparently made quite the turnaround. The American casino operator was awarded the Great Workplace designation by the Great spot to Work Institute. The independent company acknowledged the substantial changes made by the company over the past couple of years since Wynn’s exploits had been exposed.
Wynn had been forced to resign and liquidate their shares within the company after several victims came forward with reports of sexual assault over the years. The previous CEO was replaced by Matt Maddox, who immediately instituted a few new policies and strategic measures in order to improve the company’s workplace environment. It looks like they’ve produced great deal of progress and it has become a great place to work.
MGM Springfield’s Revenues Fall Perfectly Brief Of Initial Projections
MGM Resorts are notable for their home runs when it comes to opening successful casinos, but their venture in Springfield i Continue reading “Casino Information – Wynn Wins Award, MGM Falls Short, OKC Jackpot Robbery”