Contractor returns to Baha Mar Casino Resort project Sadonna Price Latest Casino and Gambling News September 30, 2015 0After a prolonged absence, the contractor working on the Baha Mar Resort Casino has returned. The owner of the new...
Medford casino met with protests from residents and lawmakers Kim M Latest Casino and Gambling News September 28, 2015 0Lawmakers along with residents and others from Suffolk County, New York came together on Saturday to voice their disapproval of...
Nevada rural casino owner to relinquish license Oct. 29 Kim M Latest Casino and Gambling News September 18, 2015 0Alleged issues outlined by the Nevada Gaming Control Board concerning a Humboldt County casino’s rewards club program and cash requirements...
U.S. judge won’t hear Baha Mar bankruptcy Lars Jones Bahamas September 18, 2015 2Tuesday, a U.S. bankruptcy court in Delaware ruled that most of the multi-billion dollar Baha Mar chapter 11 bankruptcy filing before...
Kalispel Tribe scoops up 117 year old Spokane Country Club Kim M Latest Casino and Gambling News September 14, 2015 0In a last minute deal on Thursday, a $3 million bid from the Kalispel Tribe to purchase the members-only Spokane...
Baha Mar provisional liquidators appointed Lars Jones Latest Casino and Gambling News September 11, 2015 0Last week the Bahamian Supreme Court appointed KRyS Global, Bahamas and AlixPartners Services UK advisors as Joint Provisional Liquidators over...
Money laundering scandal involving Caesars Entertainment results in multi-million dollar fine Sadonna Price Latest Casino and Gambling News September 9, 2015 0Based on what the federal authorities are calling ‘severely deficient’ controls on anti-money laundering, Caesars Entertainment Corp. must now pay...
Caesars bondholders denied immediate ruling on debt guarantee D. Graham Latest Casino and Gambling News August 31, 2015 0Bloomberg reports that bondholders owed $7 billion by Caesars have been denied an immediate ruling as to whether or not...
Baha Mar files reorganization plan in Delaware bankruptcy court Kim M Latest Casino and Gambling News August 28, 2015 0Baha Mar mega resort developer, Baha Mar Ltd, run by Sarkis Izmirlian, announced yesterday that a Chapter 11 Plan of...
New Jersey trade unions call for boycott of Icahn casinos in Atlantic City Renee Kingsley Gaming Industry News August 28, 2015 0Billionaire Carl Icahn has a successful track record of taking bankrupt casinos and turning them around. Icahn decided to take...
Last major hold out on Senior Caesar debt signs on Kim M Latest Casino and Gambling News August 24, 2015 0In a statement released Friday by Caesars Entertainment Group, an agreement for restructuring a major operating division within the company...
Lower ranking creditors sue trustees for Caesars’ senior and middle tier lenders Lars Jones Latest Casino and Gambling News August 11, 2015 0Fearing they may be frozen out a group of lower ranking creditors have sued senior lenders of Caesars Entertainment Operating...
Caesars reaches restructuring agreement with lenders Kim M Latest Casino and Gambling News August 3, 2015 0The corporation that filed for bankruptcy over six months ago, a major division of Caesars Entertainment Corporation, filed for bankruptcy,...
Caesars denied permission for quick appeal to halt bondholder suits D. Graham U.S.A. July 30, 2015 0U.S. Bankruptcy Judge A. Benjamin Goldgar has denied Caesars Entertainment Operating Company (CEOC) permission to appeal his July 22 ruling...
Bahamian judge refuses to recognize Baha Mar’s U.S. bankruptcy filing: Updated Kim M Latest Casino and Gambling News July 24, 2015 0On Wednesday a Bahamian judge denied luxury resort, Baha Mar Ltd.’s request for recognition of its U.S. bankruptcy filing at...