Chinese government bank forecloses on Baha Mar in Bahamas Sadonna Price Latest Casino and Gambling NewsCasino project updatesBahamasBankruptcy November 4, 2015 0Close to six weeks after bankruptcy protection from the United States was thrown out for the Baha Mar Resort the...
Fresno’s Club One casino files Chapter 11 Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsCaliforniaBankruptcyFines, Lawsuits & Litigation October 16, 2015 0On Wednesday Club One a popular casino and restaurant in downtown Fresno, California filed for bankruptcy in U.S. District Court....
Nearly $8 million spent on Showboat Casino by Stockton U Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsMergers, Acquisitions & PartnershipsBankruptcyFines, Lawsuits & LitigationNew Jersey October 14, 2015 0Since the purchase of the now retired Showboat Casino in Atlantic City, Stockton University has doled out close to $8...
DiamondJacks casino to be purchased by managing company Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsCasino closuresGaming Industry NewsMergers, Acquisitions & PartnershipsBankruptcyMississippi October 13, 2015 0The Foundation Gaming Group will purchase Vicksburg’s DiamondJacks casino located on the Mississippi River, which the Gulfport-based company has operated...
Baha Mar Resort negotiations begin again Sadonna Price Latest Casino and Gambling NewsCasino project updatesBahamasBankruptcy October 9, 2015 0The stalled project of the Baha Mar Resort may soon begin again as several groups met yesterday to begin negotiations...
Bankruptcy date a subject of contention for Caesars and creditors Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsBankruptcyIllinoisFines, Lawsuits & LitigationNevada October 4, 2015 0A hold on $468 million hinges on the outcome of a court date on Monday when Caesars Entertainment Corporation’s casino...
Contractor returns to Baha Mar Casino Resort project Sadonna Price Latest Casino and Gambling NewsCasino NewsNew HotelsCasino project updatesBahamasBankruptcyFines, Lawsuits & Litigation 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 NewsCasino proposalsCasino NewsWorld Casino NewsLicensesBankruptcyNew York 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 NewsCasino NewsNorth America Casino NewsCasino closuresLicensesBankruptcyFines, Lawsuits & LitigationNevada 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 BahamasEconomy/FinanceBankruptcyFines, Lawsuits & Litigation 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 NewsTribal GamingNorth America Casino NewsMergers, Acquisitions & PartnershipsBankruptcyWashington 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 NewsBahamasEconomy/FinanceBankruptcyFines, Lawsuits & Litigation 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 NewsMoney LaunderingBankruptcyFines, Lawsuits & LitigationNevada 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 NewsLas VegasCasino NewsWorld Casino NewsNorth America Casino NewsBankruptcyFines, Lawsuits & LitigationNevada 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 NewsCasino NewsWorld Casino NewsNew HotelsCasino project updatesBahamasCaribbean Casino NewsLabor RelationsBankruptcyFines, Lawsuits & Litigation August 28, 2015 0Baha Mar mega resort developer, Baha Mar Ltd, run by Sarkis Izmirlian, announced yesterday that a Chapter 11 Plan of...