Gaming Industry News

Baha Mar Ltd. announced that Global Gaming Asset Management (GGAM has been retained to manage the Baha Mar Casino & Hotel, the centerpiece of the $3.5 billion Baha Mar integrated destination resort in The Bahamas, scheduled to open in December 2014.

The Eurasia project intends to focus on providing spectacular, world-class entertainment concepts at a mega resort that complements and extends Las Vegas' various market offerings.

Gross wagers at the company's locations in Shinjuku and Fuchu have increased due to the fact that customers have the opportunity to play slots using 5 yen tokens, as opposed to standard 20 yen machines.

Overall, the U.S. hotel industry’s occupancy rose 3.5 percent to 63.8 percent, its average daily rate was up 3.8 percent to US$110.02 and its revenue per available room increased 7.5 percent to US$70.24.

Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.

In year-over-year comparisons, occupancy was up 0.1 percent to 62.7 percent, average daily rate rose 3.7 percent to US$109.93 and revenue per available room increased 3.8 percent to US$68.94.

A subsidiary of Aristocrat Leisure Limited has signed an agreement with NYX Gaming Group, allowing for the distribution of a number of Aristocrat slot titles to regulated European online gaming markets.

The Pennsylvania Gaming Control Board today unanimously approved the request by the operator of SugarHouse Casino in Philadelphia to modify a previously approved-development plan of the facility.

In year-over-year comparisons, occupancy rose 0.9 percent to 64.5 percent, average daily rate was up 1.5 percent to CAD$130.11 and revenue per available room increased 2.4 percent to CAD$83.92.

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