Месяц: Июль 2014

Washington, DC – Louisiana’s 19 commercial casinos employed 15,706 permanent workers and paid its employees $603 million in wages, benefits and tips, according to new jobs numbers for 2013 released today by the American Gaming Association (AGA). Louisiana ranks fourth nationwide for casino employment behind only Nevada, New Jersey and Mississippi, where casinos employed nearly 23,000 people last year.

“Casino gaming has created thousands of jobs in Louisiana that pay well above the minimum wage and offer fulfilling careers in a range of professions that extend beyond the casino floor,” said Geoff Freeman, president and CEO of the AGA. “Americans feel more favorably toward casino gaming than ever before, and they recognize that gaming creates jobs, boosts small businesses and positively affects local communities. Yet policymakers must act to ensure that casinos can continue to strengthen communities as they face increased competition from neighboring states.”

In 2013, Louisiana casinos generated $587 million in tax revenue, which paid contributed to the state’s general fund, the city of New Orleans’ budget and the public retirement system.

Louisiana is home to 19 commercial casinos, including:

· Harrah’s New Orleans Casino;

· Horseshoe Casino & Hotel in Bossier City;

· Sam’s Town Hotel and Casino Shreveport;

· L’Auberge Casino Resort Lake Charles; and

· Treasure Chest Casino in Kenner.

Jobs in gaming include: accounting; hotel management; information systems; technology; software; food and beverage; retail; entertainment and more.

With gaming present in more markets today, consumers are no longer limited to a handful of options. Therefore, just as casinos are competing against each other, states are striving to implement the most favorable environment for gaming to thrive and benefit their communities. Gaming is viewed more favorably than ever, and it behooves lawmakers to adopt policies based on facts about gaming.

The AGA's “Get to Know Gaming” campaign is helping to pave the way for more states to view casino operators as partners and adopt policies that reflect that mindset. The vast majority of voters across the political spectrum recognize that casino gaming creates jobs, strengthens local businesses and benefits communities.

Washington, DC – Mississippi’s 30 commercial casinos employed 22,770 permanent workers and paid its employees $831 million in wages, benefits and tips, according to new jobs numbers for 2013 released today by the American Gaming Association (AGA). Mississippi ranks third nationwide for casino employment behind only Nevada and New Jersey; Louisiana ranks fourth with nearly 16,000 casino employees. Despite two casinos closing in the state, the Biloxi market continues to remain strong and experience growth in the face of competition from surrounding states.

“While casino gaming in Mississippi has faced challenges as it adapts to increased competition, the industry continues to support thousands of jobs that pay well above the minimum wage and offer fulfilling careers in a range of professions that extend beyond the casino floor,” said Geoff Freeman, president and CEO of the AGA. “Americans feel more favorably toward casino gaming than ever before, and they recognize that gaming creates jobs, boosts small businesses and positively affects local communities. We applaud Mississippi policymakers who are working with casinos in order to continue strengthening their communities as they face increased competition from neighboring states.”

Mississippi is home to 30 commercial casinos, including:

Beau Rivage Resort and Casino Biloxi;
Grand Biloxi Casino Hotel and Spa;
Casino Resort and Spa in Biloxi;
Hollywood Casino Bay St. Louis; and
Isle of Capri Casino Hotel in Lula.
Jobs in gaming include: accounting; hotel management; information systems; technology; software; food and beverage; retail; entertainment and more.

In 2013, Mississippi casinos generated almost $258 million in tax revenue, which paid for housing, education, transportation, health care services, youth counseling programs and local public safety programs.

With gaming present in more markets today, consumers are no longer limited to a handful of options. Therefore, just as casinos are competing against each other, states are striving to implement the most favorable environment for gaming to thrive and benefit their communities. Gaming is viewed more favorably than ever, and it behooves lawmakers to adopt policies based on facts about gaming.

The AGA's “Get to Know Gaming” campaign is helping to pave the way for more states to view casino operators as partners and adopt policies that reflect that mindset. The vast majority of voters across the political spectrum recognize that casino gaming creates jobs, strengthens local businesses and benefits communities.

Washington, DC – Iowa’s 18 commercial casinos employed 9,062 permanent workers and paid its employees nearly $335 million in wages, benefits and tips, according to new jobs numbers for 2013 released today by the American Gaming Association (AGA). Iowa ranks ninth nationwide for casino employment, while Missouri ranks seventh with more than 10,000 casino employees.

“Casino gaming has created thousands of jobs in Iowa that pay well above the minimum wage and offer fulfilling careers in a range of professions that extend beyond the casino floor,” said Geoff Freeman, president and CEO of the AGA. “Americans feel more favorably toward casino gaming than ever before, and they recognize that gaming creates jobs, boosts small businesses and positively affects local communities. We applaud Iowa policymakers who are working with casinos in order to continue strengthening their communities as they face increased competition from neighboring states.”

Iowa is home to 18 commercial casinos, including:

Ameristar Casino Hotel Council Bluffs;
Horseshoe Council Bluffs;
Isle Casino Hotel Waterloo;
Lady Luck Casino Marquette; and
Diamond Jo Casino Dubuque.
Jobs in gaming include: accounting; hotel management; information systems; technology; software; food and beverage; retail; entertainment and more.

In 2013, Iowa casinos generated nearly $322 million in tax revenue, which supported the state’s general fund, local education, infrastructure, environmental programs, cultural initiatives and tourism projects.

With gaming present in more markets today, consumers are no longer limited to a handful of options. Therefore, just as casinos are competing against each other, states are striving to implement the most favorable environment for gaming to thrive and benefit their communities. Gaming is viewed more favorably than ever, and it behooves lawmakers to adopt policies based on facts aboutgaming.

The AGA's “Get to Know Gaming” campaign is helping to pave the way for more states to view casino operators as partners and adopt policies that reflect that mindset. The vast majority of voters across the political spectrum recognize that casino gaming creates jobs, strengthens local businesses and benefits communities.

Washington, DC – Missouri’s 13 commercial casinos employed 10,016 permanent workers and paid its employees more than $328 million in wages, benefits and tips, according to new jobs numbers for 2013 released today by the American Gaming Association (AGA). Missouri ranks seventh nationwide for casino employment, while neighboring Iowa ranks ninth with more than 9,000 casino employees.

“Casino gaming has created thousands of jobs in Missouri that pay well above the minimum wage and offer fulfilling careers in a range of professions that extend beyond the casino floor,” said Geoff Freeman, president and CEO of the AGA. “Americans feel more favorably toward casino gaming than ever before, and they recognize that gaming creates jobs, boosts small businesses and positively affects local communities. We applaud Missouri policymakers who are working with casinos in order to continue strengthening their communities as they face increased competition from neighboring states.”

In 2013, Missouri casinos generated more than $452 million in tax revenue, which funded education, public safety programs, services for veterans and early childhood programs.

Missouri is home to 13 casinos, including:

Ameristar Casino Resort Spa in St. Charles;
Ameristar Casino Hotel Kansas City;
Harrah's North Kansas City Casino & Hotel;
Isle of Capri Casino and Hotel in Boonville; and
Hollywood Casino St. Louis.
With gaming present in more markets today, consumers are no longer limited to a handful of options. Therefore, just as casinos are competing against each other, states are striving to implement the most favorable environment for gaming to thrive and benefit their communities. Gaming is viewed more favorably than ever, and it behooves lawmakers to adopt policies based on facts aboutgaming.

The AGA's “Get to Know Gaming” campaign is helping to pave the way for more states to view casino operators as partners and adopt policies that reflect that mindset. The vast majority of voters across the political spectrum recognize that casino gaming creates jobs, strengthens local businesses and benefits communities.

Washington, DC – American Gaming Association President and CEO Geoff Freeman released the following statement after the Senate today passed reauthorization of the bipartisan Terrorism Risk Insurance Act (TRIA):

“We applaud the Senate for its strong bipartisan vote today to reauthorize TRIA, a public-private partnership that has been successful for more than a decade. The program ensures that casino gaming resorts, which attract tens of millions of annual visitors and support one million American jobs, can protect their businesses, employees, and customers in the event of terrorist attack. We urge the House to act quickly to reauthorize TRIA in order to provide certainty to gaming resorts and other businesses across the country.”

The AGA has supported TRIA legislation as part of the Coalition to Insure Against Terrorism (CIAT).

France's Casino

(Reuters) - France's Casino (CASP.PA) hired Morgan Stanley & Co (MS.N) and JPMorgan Chase & Co (JPM.N) to list its global e-commerce platform spanning from Brazil to Thailand, a person familiar with the plan said on Tuesday, as the group faces competition from U.S. giant Amazon.com Inc (AMZN.O) and Chinese rival Alibaba IPO-ALIB.N.

Casino's Brazilian subsidiary, GPA SA (PCAR4.SA), said in a securities filing that the group was preparing to combine the online units for a potential initial public offering in the United States. According to the source, who requested anonymity because the plans are private, the preference is for an IPO on the Nasdaq stock exchange.

The deal would bring new firepower to an e-commerce player with more than $4 billion in annual sales in France, Brazil, Colombia, Thailand and Vietnam at a time when major rivals are expanding their global reach. Shares of Casino rallied almost 3 percent to 91.68 euros in early Wednesday trading in Paris.

The French group, whose full name is Casino Guichard Perrachon & Cie, said that "a listing of the combined entity on the U.S. stock market, where many significant Internet technology players are listed, is being considered to speed up its development and boost visibility." It did not mention any advisers for the IPO.

With the plan, Casino "is prioritizing management focus and alignment for execution over ownership and process simplification," said Gustavo Oliveira, an analyst with UBS Securities. "This could drive global collaboration and best practices sharing, but tangible short-term revenues or synergies are almost non-existent."

Amazon arrived in Brazil earlier this year with its Kindle e-reader, and eBay Inc (EBAY.O) and is launching a site in Portuguese this week for Brazilian consumers.

Chinese Internet powerhouse Alibaba Group Holding Ltd, which focuses in Brazil on business-to-business commerce, filed a prospectus on Tuesday for an IPO in the U.S. that is expected to raise upwards of $15 billion to expand its business.

The decision to list on the Nasdaq should help lure some of the world's best technology investment firms into the plan, the source added. Morgan Stanley has had a leading role for years in underwriting major technology IPOs.

ACCRETIVE DEAL

The decision comes after Casino undertook a deep restructuring of its Brazilian businesses following the departure of long-time partner Abilio Diniz from GPA less than a year ago.

GPA's press office declined to comment on specifics of its plans. Casino officials in Brazil could not immediately be reached for comment. Media representatives for Morgan Stanley and J.P.Morgan in New York had no comment.

According to the filing, the transaction intends to combine Casino's e-commerce assets into an international holding company initially known as NewCo, while seeking to maintain the efficiencies of its joint e-commerce and bricks-and-mortar business.

Nova Pontocom, the online unit of GPA, had about $2 billion in sales last year on websites serving the Brazilian market. Casino's e-commerce division, Cdiscount, booked 2013 sales of about $2.1 billion in France and opened websites for Thailand, Vietnam and Colombia this year.

According to Marcel Moraes, a retail analyst with Deutsche Bank Securities in São Paulo, the deal "could potentially create value for shareholders of NewCo by sharing knowledge between the different platforms and, consequently, accelerating each region's learning curve." In addition, it would trigger large purchasing power by boosting scale.

Cdiscount, Casino's e-commerce unit in France, has extensive expertise in private label products, techniques for sales conversion and in platforms for the market place, Deutsche Bank's Moraes said.

According to the filing, GPA and its appliance unit Via Varejo SA (VVAR3.SA) created an independent committee to help the boards of both companies implement the plan and preserve the shareholders rights of the subsidiaries.

Veteran banker Eleazar de Carvalho Filho, Luiz Aranha do Lago and Maria Helena Santana, a former head of securities industry watchdog CVM, will oversee the committee, the filing added.

(Reporting by Guillermo Parra-Bernal and Brad Haynes; Additional reporting by Gregory Blachier in Paris; Editing by Ken Wills and Sofina Mirza-Reid)
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