by Staff
Fri, Aug 21, 2009
Two casinos owned by Colony Capital sink deeper in the financial abyss, as it releases one, Resorts Atlantic City, to its debtor and defaults on its mortgage on the other, the Atlantic City Hilton, according to CEO Nicholas Ribis (l.) in place.
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by Staff
Fri, Aug 21, 2009
The Kansas Lottery Commission moved forward on several bids to build state-owned casino resorts, including one at the Kansas Speedway (l.), passing the bids onto a review board that will make the final decision.
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by Staff
Fri, Aug 21, 2009
The re-bid of the license to operate the slots at Aqueduct racetrack in New York City has attracted seven bidders, with the winner to be announced in early September.
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by Staff
Fri, Aug 21, 2009
Earnings reports from smaller casinos in Nevada show that they, like their larger counterparts, are seeing a drop in revenue as the recession continues. And Hooters Casino Hotel (l.) in Las Vegas may close its doors.
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by Staff
Fri, Aug 21, 2009
The stars appear to be in alignment for a vote that could turn Massachusetts into one of the major gaming players in the United States. The need for money and the change of political leadership have created the opportunity.
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by Staff
Fri, Aug 21, 2009
The state claims that the sports leagues are too late in their challenge to planned sports betting, and that the leagues have “unclean hands” in the matter because they profit from sports wagering.
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by Staff
Fri, Aug 21, 2009
The smoking ban at casinos in Illinois had a significant impact on collected tax revenues, leaving state and local governments with $200 million less in taxes attributed to the ban.
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by Staff
Fri, Aug 21, 2009
Representatives of a horsemen’s association and chief executives of Pennsylvania slot casinos presented opposing views to lawmakers on whether proposed table games would increase or hurt overall revenue.
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by Staff
Fri, Aug 21, 2009
After a few towns exercised their option to override the law legalizing video poker, a candidate for governor has made fighting the state law part of his campaign.
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by Staff
Fri, Aug 21, 2009
Pittsburgh’s Rivers Casino lowered its parking fee for Pittsburgh Steelers game days from $50 to $20, and decided to waive the fee for all casino players.
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by Staff
Fri, Aug 21, 2009
Casino officials say they need at least $20 million to start spreading the news about Atlantic City casino industry and other entertainment assets.
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by Staff
Fri, Aug 21, 2009
As the closing date for purchasers of condos at CityCenter approaches, MGM Mirage has expressed an interest in talking about the possibility of lowering prices to keep people from walking away from the sales.
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by Staff
Fri, Aug 21, 2009
Iowa lawmakers looking for ‘guarantee’ before taking action on two proposals; both Peninsula Gaming and Wild Rose Entertainment in talks to bring second facility to Polk County
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by Staff
Fri, Aug 21, 2009
Silicon Valley “bad boy” had challenged current ownership in hopes of acquiring or leasing the historic Florida racetrack (l.) for himself.
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by Staff
Fri, Aug 21, 2009
Governor David Paterson pares back number of jobs and amount of investment required of developer Louis Cappelli
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by Staff
Fri, Aug 21, 2009
Governor David Paterson pares back number of jobs and amount of investment required of developer Louis Cappelli
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by Staff
Fri, Aug 21, 2009
Shareholders are apparently unhappy with MGM Mirage—a new lawsuit claims that the company misled its investors into thinking the company was financially sound at a time when it was not.
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by Staff
Fri, Aug 21, 2009
After months of waiting, MGM Mirage has been approved by the National Marine Fisheries Service to bring dolphins to the Mirage.
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by Staff
Fri, Aug 21, 2009
Las Vegas’ newest resort will also be its most sustainable—at a recent energy summit, MGM executives focused on CityCenter’s environmental sustainability.
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by Staff
Fri, Aug 21, 2009
The saga continues as Fontainebleau officials discuss disputes with creditors in mediation talks.
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by Staff
Fri, Aug 21, 2009
To prepare to pay for their divorce, the Wynns liquefied common stock in a recent private sale.
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by Staff
Fri, Aug 21, 2009
After pulling the temporary liquor license for the nightclub Prive at Planet Hollywood, Clark County officials said there was no way the club would ever receive such a license again. Last week, officials issued another temporary license for the club.
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