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News - Page 998

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Miami group envisions $2 billion Vegas product

A Miami company has acquired a majority stake in a small hotel-casino on Paradise Road that gives the company some 20 acres for future development.

Gulfport approves rezoning for casino

New rezoning will permit a casino to be built in Gulfport close to the harbor.

Atlantic City: Harrah's shuttle in collision

Harrah's shuttle bus involved in collision, thirty people injured.

Blackjack to start soon at Coconut Creek Casino

With the opening of blackjack tables comes jobs and celebs.

FireKeepers casino has put $12 million into economy

A year from opening Firekeepers Casino has injected $12 million and 1500 jobs into the economy.

Boyd Gaming sees second quarter profits plunge

The Las Vegas-based casino operator announced its second-quarter profits fell 73 percent days after dropping out of bidding for Station Casinos properties.

Horse track says stalemate to blame for layoffs

Layoffs begin, track blames racino stalemate.

DJ Victor Calderone heading to Atlantic City

The world-renowned DJ will perform at Resorts Atlantic City on September 4, with tickets starting at $40.

California casino sees dozens of major jackpot wins

Fantasy Springs Resort Casino gave away $2.25 million more in winnings to thousands of guests in July.

MGM reports $883 million net loss

The Las Vegas-based casino giant said its second quarter net loss was $883 million compared to a loss of $212 million in the same quarter last year.

California casino adding more slot machines

Spotlight 29 Casino has just installed 10 penny slot machines to its gaming floor, including slots based on the Lord of the Rings and the Wizard of Oz.

Massachusetts gambling bill in limbo

The state's house and senate approved a bill over the weekend that would allow for three casinos and two slot machine parlors, but Gov. Deval Patrick does not support it.

Shares of gaming companies dive in July

The average daily stock prices of 10 casino operators and slot machine manufacturers all tumbled during the month.

Is reversing Atlantic City's fate possible?

New Jersey Gov. Chris Christie has proposed a number of reforms to revitalize Atlantic City, including a state takeover of its gaming and tourism district.

British online gambling industry optimistic over US moves

Britain's online gambling industry optimistic over legislative moves stateside.

Mohegan Sun workforce reduced by 1000 since 2009

Mohegan Sun report dismal third quarter profit results.

Pinnacle reports $49 million loss in second quarter

Pinnacle Entertainment lost $49.3 million in the second quarter despite a jump of revenues from the opening of a casino in St. Louis.

Wynn net income improves thanks to Macau

Wynn Resorts saw its net income improve during the second quarter because of a robust showing in Macau.

Casino industry outlook still uncertain

Moody's Investors Service said there is a "high degree of uncertainty" over how much gaming trends will improve through the end of the year.

Wynn slams Obama adminstration again

Steve Wynn said he he isn’t thrilled with the current direction of the U.S. economy during a second quarter earnings conference call.

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