At the height of an unprecedented national crisis, a group of American leaders traveled to one of the country's most expensive tourist destinations, where they set about the business of righting the ship of state. There were plenty of distractions in their decadent surroundings, and many in the group gambled nightly. These were not banking executives secluding themselves at Mandalay Bay to salvage their assets or develop a plan for mitigating their toxic loans.

There are moments when it seems Mayor Oscar Goodman is all alone with his insistent visions of downtown redevelopment, including a robust gaming scene. But he’s not. The Texas-based operators of Fremont Street’s most venerable slot and buffet joint, the Golden Nugget, appear to be on the same page. Now is the time, they say, to build a new hotel tower — despite the deepening economic crisis and the declining number of people coming downtown to gamble.

International Game Technology is one of the leading casino gambling machine makers in the world. In the current economy, however, that means nothing if the demand is not there. IGT has announced that they are laying off 200 of their employees. The move comes at a weird time for the casino industry. In the US, casinos are struggling, but there are more being built with every passing month.

The announcement that the Wyndham Nassau Resort and Crystal Palace Casino will close its doors for two months as a result of the global recession has prompted the Bahamas Gaming Reform (BGR) Committee to renew its call for the Government to comprehensively examine the nation’s current gaming laws. The traditionally slow tourist season is between August 17 to October 5...

Detroit -- Detroit's casinos are holding their own against the state's widespread economic downturn, though it's been a struggle for some. The city's casinos posted an overall 5.67 percent rise in August revenue, compared with the same month a year ago. But the increase solely came from powerful gains at MGM Grand Detroit, according to figures released Tuesday by the Michigan Gaming Control Board.