News - Page 778
Groundbreaking new research reveals impressive magnitude of casino gaming industry in Colorado
5 December 2014
Casino gaming supports 10,000 jobs in Colorado, generates $340 million in taxes.
MGM-AEG arena to offer booking flexibility, open in April 20164 December 2014
The arena’s opening act in 2016 is still unknown.
Regulators recommend Nazarian for one-year limited license4 December 2014
Sam Nazarian, 39, was recommended for a one-year, limited license by the Gaming Control Board following a more-than-3½-hour public hearing in Carson City.
Blackstone gets preliminary nod to acquire Cosmopolitan of Las Vegas4 December 2014
The Gaming Control Board recommended that Blackstone Group be licensed to acquire the four-year-old Strip hotel-casino, which has never turned an annual profit.
Golden Nugget Lake Charles near complete3 December 2014
The new Golden Nugget Casino in Lake Charles is nearing completion.
California online poker bill proposed by Mike Gatto3 December 2014
Assemblyman Mike Gatto has proposed a State Assembly Bill Number 9, which could see internet poker legalized in the state.
Millionaire minted with $1.2 Million jackpot at The Plaza Las Vegas3 December 2014
Lucky player won a whopping $1,200,557 on IGT Wheel of Fortune.
Many come to bury Caesars, not to praise the casino company3 December 2014
The nation’s largest casino operator is under attack from all fronts as it struggles to restructure its gaming industry-high debt load of $22.8 billion.
Ask the Slot Expert: What happens to the slot machines when a casino closes?3 December 2014
What happened to all of the slot machines from the casinos that closed in Atlantic City?
Full House proxy fight ends, Lee named CEO2 December 2014
Veteran gaming executive Dan Lee was named CEO of regional casino operator Full House Resorts Monday.
Florida Senator proposes online lottery bill1 December 2014
Florida Senator Gwen Margolis has tabled a bill, SB 120, that could see lottery tickets permitted to be sold online.
City wants to use casino revenue for expenses1 December 2014
A debate may ensue as Niagara Falls wants to apply its slot revenue to cover some basic civic services.
Nebraska Court finds VKGS has taken inconsistent positions in Planet Bingo lawsuit1 December 2014
District Court Judge denys the VKGS, Nogales Investors, VK Holdings, Inc. and Nogales Investors Fund I, LP motions.
Borgata Hotel Casino & Spa announces plans for $13 million renovation1 December 2014
Borgata Hotel Casino & Spa today announced details of the $13 million property-wide renovation.
Analyst: Philadelphia doesn't need another casino1 December 2014
Analysts don’t believe a fifth Philadelphia-area casino can thrive in what’s becoming an oversaturated market.
Nevada gaming revenue dips, but positive note seen in slots26 November 2014
Statewide, casinos saw revenue fall almost 4.3 percent to $913.6 million during the month. On the Strip, gaming revenue fell 5.6 percent to $520.3 million.
Canterbury Park Holding Corporation to explore real estate development adjacent to racetrack26 November 2014
Company enters into a non-binding Letter of Intent related to the development of underutilized property adjacent to its Minnesota racetrack.
MGM Resorts raises $1.15 billion of new debt26 November 2014
The casino operator said the funds will be used primarily for development costs surrounding the company’s casino projects in Massachusetts and Maryland.
Casino Journal's Best New Table Game winners selected25 November 2014
The winners were voted on by qualified attendees who were required to sample each of the 20 new games entered in the competition.
Caesars calls latest default notice 'meritless'25 November 2014
On Monday, Caesars said it received a default notice last week from UMB Bank related to its senior-secured notes covering CEOC. Caesars said it “does not believe that a default or an event of default has occurred.”
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