Bankruptcy | World Casino News

Imperial Pacific International Holdings Limited facing Friday receivership deadline

March 9, 2021

U.S.A., Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino closures, Economy/Finance, Saipan, Licenses, Bankruptcy, Fines, Lawsuits & Litigation

In the Commonwealth of the Northern Mariana Islands and beleaguered casino operator Imperial Pacific International Holdings Limited has reportedly been told that it will be placed into receivership if it does n...

Resorts World Catskills parent considering voluntary bankruptcy move

Adam Morgan

August 19, 2019

Casino Sales, Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Bankruptcy, New York

In upstate New York and the firm behind the 332-room Resorts World Catskills has reportedly declared that it is considering the possibility of entering voluntary bankruptcy in order to head off creditors. Ac...

Empire Resorts considering Chapter 11 bankruptcy

Sadonna Price

August 14, 2019

Latest Casino and Gambling News, Bankruptcy, New York

According to a filing within the Securities and Exchange Commission on Friday, Empire Resorts is considering a voluntary prepacked Chapter 11 bankruptcy filing. The parent company of Resorts World Catskills Cas...

Studio City Macau investor files for bankruptcy in the United States

Adam Morgan

May 3, 2019

Latest Casino and Gambling News, Casino News, Casino expansion projects, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships, Bankruptcy

A firm with a minority stake in the operator behind the giant Studio City Macau integrated casino resort has reportedly filed for permission to institute Chapter 11 bankruptcy protections after being unable to ...

Foreign investors may lose out on Las Vegas investment

Adam Morgan

September 10, 2018

Casino Sales, Las Vegas, Casino News, Latest Casino and Gambling News, Casino closures, Economy/Finance, Mergers, Acquisitions & Partnerships, Bankruptcy

In Nevada, some 178 foreign investors who each stumped up approximately $550,000 to help bring The Lucky Dragon Hotel and Casino to the north end of the Las Vegas Strip could reportedly be set to lose the entir...

Sportsbetting provider mybet Holdings SE files for bankruptcy

Adam Morgan

August 19, 2018

Casino Sales, Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, Germany, Bankruptcy

In Germany, online sportsbetting provider mybet Holdings SE has announced that it has voluntarily entered ‘insolvency proceedings’ after earlier having its request for a temporary tax suspension denied by a cou...

Lucky Dragon hotel open for business until March 27; judge decides

Kim M

February 22, 2018

Casino News, Latest Casino and Gambling News, Las Vegas, Bankruptcy

A Nevada bankruptcy judge ruled Wednesday that the hotel of the Asian-themed Lucky Dragon resort off the north end of the Las Vegas Strip will remain open for another month. U.S. Bankruptcy Court, District o...

Asian-themed Las Vegas casino files for bankruptcy ahead of foreclosure

Kim M

February 21, 2018

Latest Casino and Gambling News, Las Vegas, Bankruptcy

The first purpose-built gaming project in Las Vegas since the recession of 2008 is in bankruptcy after being served with a foreclosure notice in January. Five years in the making from concept to ribbon-cutti...

Deadwood casino files for bankruptcy protection

Kim M

November 7, 2017

Latest Casino and Gambling News, Casino News, Bankruptcy, South Dakota

Another casino on Deadwood’s Main Street could be in danger of closing after the owners of the Celebrity Hotel and Casino reportedly filed paperwork seeking protection from creditors. The Rapid City Journal ...

Caesars subsidiary secures new $265 million add-on term loan facility

Adam Morgan

October 24, 2017

Casino News, Latest Casino and Gambling News, U.S.A., Economy/Finance, Bankruptcy

A little over two weeks after emerging from bankruptcy and the Caesars Entertainment Operating Company Incorporated arm of American casino giant Caesars Entertainment Corporation has announced that it has secur...

Caesars Entertainment Corporation’s casino arm emerges from bankruptcy

Adam Morgan

October 9, 2017

Latest Casino and Gambling News, U.S.A., Casino News, Mergers, Acquisitions & Partnerships, Bankruptcy

American casino giant Caesars Entertainment Operating Company Incorporated has emerged from bankruptcy after completing a complicated restructuring plan that saw it shed approximately $10 billion in overall lia...

Louisiana and Missouri regulators approve Caesars restructuring plan

Adam Morgan

September 29, 2017

Latest Casino and Gambling News, Casino News, Licenses, Mergers, Acquisitions & Partnerships, Bankruptcy, Louisiana, Missouri

A little over a month after getting consent for its restructuring plan from officials in Nevada and American casino operator Caesars Entertainment Operating Company Incorporated has now reportedly received simi...

Reminder for PKR.com customers: PokerStars has your back

Lars Jones

August 17, 2017

Latest Casino and Gambling News, Online Poker, The Players Lounge, Online Gambling News, Bankruptcy

Players who found their funds locked up in administration when PKR.com went bust can get their money from PokerStars. In early May the pioneering PKR.com was removed from Microgaming’s Poker Network, the MPN...

New Jersey regulator approves Caesars reorganization plan

Adam Morgan

May 11, 2017

Latest Casino and Gambling News, Casino News, Licenses, Mergers, Acquisitions & Partnerships, Bankruptcy, New Jersey

As it continues to implement a reorganization plan as part of an attempt to emerge from bankruptcy, Caesars Entertainment Operating Company Incorporated has reportedly received approval to lease the operation o...

UK Poker site PKR shuts down due to financial difficulties

Alex Lanter

May 9, 2017

Latest Casino and Gambling News, Online Poker, Economy/Finance, Poker, Bankruptcy, United Kingdom

UK-licensed online poker site PKR is shutting down after suffering “financial difficulties”, official statements posted on the website last Wednesday revealed. As the update stated, the operator is currently re...

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Imperial Pacific International Holdings Limited facing Friday receivership deadline

Resorts World Catskills parent considering voluntary bankruptcy move

Empire Resorts considering Chapter 11 bankruptcy

Studio City Macau investor files for bankruptcy in the United States

Foreign investors may lose out on Las Vegas investment

Sportsbetting provider mybet Holdings SE files for bankruptcy

Lucky Dragon hotel open for business until March 27; judge decides

Asian-themed Las Vegas casino files for bankruptcy ahead of foreclosure

Deadwood casino files for bankruptcy protection

Caesars subsidiary secures new $265 million add-on term loan facility

Caesars Entertainment Corporation’s casino arm emerges from bankruptcy

Louisiana and Missouri regulators approve Caesars restructuring plan

Reminder for PKR.com customers: PokerStars has your back

New Jersey regulator approves Caesars reorganization plan

UK Poker site PKR shuts down due to financial difficulties

Rei do Pitaco Joins Brazil’s Regulated Sports Betting Market

Rush Street Interactive Expands Board With Thomas Winter Appointment

Macau Projects MOP240B Casino Revenue for 2025 as Xi Jinping Calls for Diversification

Nevada Revokes Gaming License of Ex-MGM Executive Scott Sibella

Connecticut Sets New Record With $30.3M in Sports Betting Revenue for November