In the world of Las Vegas and land-based casino gambling,
more news comes to the front from Wynn Resorts, the newest
casino resort by famed designer and architect, Steve Wynn.
Although the resort is already up and running, there are still
things needing to be done to put the casino past the minimal
operable mode. One such task was to acquire an entire
operation of printers, which the banking and gaming savvy
TransAct Technologies is now in contract for with the Wynn
Resort. The announcement came from TransAct when it was
given a sole contract to complete the job.
Caesars Casino Resort (Caesars Entertainment Inc.) was also
in the news this week with their move to sell Metropolitan
Entertainment Group to Canadian Gaming Corporation for nearly
US$70 million. With a 95% claim in the business, Caesars
announced the deal with a prospective closing date near late
June, 2005. Entertainment Group Inc. is responsible for
operating and maintaining two land-based casinos located in
Halifax and Sydney of the Canadian territory of Novia Scotia,
making the trade-over a seemingly smart move for the already
large Canadian Gaming Corp.
Finally, Nevada Gold and Casinos announced that its
President, Thomas Winn, presided at the Institutional Investor
Retreat in Virginia this last week. The event brought a
large turnout and was a success for the casino gambling
corporation.