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February 06, 2013 |

Broker worked nine months before striking Vegas jackpot

Mark Pordes brokered some of the largest condo bulk deals in South Florida after the recession, but when that dried up, he worked a $119 million deal in Las Vegas.
3 minute read
May 24, 2011 |

Trump no more: Marina becomes Golden Nugget AC

In Atlantic City, all that's golden is not Trump. New Jersey casino regulators approved the sale of Trump Marina Hotel Casino on Monday to the owners of the Golden Nugget casinos in Nevada for $38 million - about a tenth of what the property was expected to fetch just three years ago.
5 minute read
July 27, 2011 |

Las Vegas Sands posts $367.6M profit in 2nd qtr

Casino-resort operator Las Vegas Sands Corp. said Tuesday that it earned $367.6 million for the second quarter, reversing a loss of $4.7 million a year earlier as its revenue rose almost 50 percent.
3 minute read
December 20, 2012 |

Penn National sees REIT acquiring rivals' casino properties

Penn National sees REIT acquiring rivals' casino properties
6 minute read
December 09, 2011 |

Las Vegas sees Japan casinos as diet seeks quake relief

Japan's record earthquake may achieve what Las Vegas Sands magnate Sheldon Adelson has been trying to do for years: Persuade the government to allow casinos.
5 minute read
February 06, 2006 |

An Online Bettors' Paradise

Although online gambling is illegal in the United States, you'd never know it by looking at the numbers. Last year alone 7.8 million Americans logged on to Internet gambling sites. How long before the U.S. gaming industry wants its cut?
9 minute read
February 10, 2006 |

Online Gambling Revenue Soars -And Casinos May Want Cut

Anna [email protected] online gambling is illegal in the United States, you'd never know it by looking at the numbers. Last year alone 7.8 million Americans logged on to Internet gambling sites.And with the online gambling industry banking almost $12 billion in revenue in 2005, some U.S.
8 minute read
September 01, 2004 |

Big Deals

Like kudzu and Nascar, bank mergers are thriving in the South. On June 21 Charlotte-based Wachovia Corporation announced that it would spend $14.3 billion in stock to buy SouthTrust Corporation of Birmingham. The transaction is the biggest of three recent bank deals in Dixie, which has seen a lot of action because it has a relatively unconsolidated banking industry compared to other parts of the country. On May 9 Atlanta-based SunTrust Banks, Inc., agreed to buy National Commerce Financial Corporation
6 minute read
May 15, 2008 |

Las Vegas and Disney: A tale of two resorts

This is not a good economy to take a gamble in.Las Vegas has, and it's hurting casino profits. Disney has not, and the "Magic Kingdom" is reaping the winnings.In theory, it's not supposed to be this way.The gaming business often brags that it's recession-proof because gamblers will always like to gamble, but amusement destinations historically have seen their business get hard hit when consumers' wallets are pinched.
4 minute read
December 03, 2008 |

Soci�t� des Bains de Mer et du Cercle des Etrangers� Monaco v. MGM Mirage

Infringement Action by Monte Carlo Casino's Owner Not Dismissed or Transferred to Nevada
1 minute read

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