Economy/Finance

Latest Casino and Gambling News Las Vegas Economy/Finance

March 7, 2016 1

Investment bank Macquarie Group Ltd. has been retained to explore a possible sale of the Palms Casino Resort in Las Vegas,...

Alberta sees huge earnings in first six months of 2015-16 fiscal year

Latest Casino and Gambling News Alberta Economy/Finance Lottery

March 7, 2016 0

Citizens in Alberta have been very eager to wager despite the recent economic downturn, with figures showing a huge amount...

Steve Wynn’s compensation falls as VIP tables are ignored by Chinese gamblers

Latest Casino and Gambling News Economy/Finance Macau

March 7, 2016 0

With fewer VIP gamblers visiting Macau, the casinos in the once bustling city are now earning less money. With less...

February sees Pennsylvania slot machine revenue Up 9.26%

Latest Casino and Gambling News Economy/Finance Pennsylvania

March 4, 2016 0

Pennsylvania casinos had their second-biggest February since the opening of the first slots parlor in November 2006, as more than...

Carl Icahn not interested in investing in Trump Taj Mahal if casinos are approved up North

Latest Casino and Gambling News Economy/Finance Mergers, Acquisitions & Partnerships New Jersey

March 3, 2016 0

Carl Icahn, a multi-billionaire businessman, is the new owner of the Taj Mahal in Atlantic City, who was planning on...

Alon Las Vegas may be delayed beyond 2018: Updated

Latest Casino and Gambling News Las Vegas Casino project updates Economy/Finance Nevada

March 2, 2016 0

The story today seems to be much as it was in December when Larry Gandler, a gaming analyst for Credit...

Macau casino employees seeking salary increase via city government

Latest Casino and Gambling News Economy/Finance Macau Labor Relations

March 2, 2016 0

Casino workers located in Macau would like to see a salary increase for their efforts. Employees are represented by various...

W. Virginia bill could hobble race track casinos

Gaming Law & Legislation Economy/Finance West Virginia

February 29, 2016 0

A bill floated on behalf of West Virginia Governor Earl Ray Tomblin would strip funding from the state’s horse tracks four years...

Sun International seeks settlement in lost Peermont bid; Hopes to save Menlyn Maine

Latest Casino and Gambling News South Africa Economy/Finance Mergers, Acquisitions & Partnerships

February 28, 2016 0

Sun International announced Tuesday that they are seeking a R675 million settlement with Peermont after their bid to merge the two...

Clark & Champaign counties; casino taxes flat

Latest Casino and Gambling News Economy/Finance Taxation Ohio

February 28, 2016 0

According to information from the Ohio Department of Taxation, (pdf) over the past two years casino revenue for Clark and...

Taj Mahal emerges from bankruptcy

Latest Casino and Gambling News Casino News Economy/Finance Mergers, Acquisitions & Partnerships Bankruptcy New Jersey

February 27, 2016 0

Friday saw the Trump Taj Mahal Casino in Atlantic City come out of bankruptcy thanks to billionaire investor, Carl Icahn’s Icahn Enterprises...

AGA responds to Pennsylvania Govenor Tom Wolf’s new casino tax proposal

Latest Casino and Gambling News Gaming Law & Legislation Economy/Finance Taxation Pennsylvania

February 25, 2016 0

Pennsylvania Governor Tom Wolf has proposed a tax on casinos to bring in revenues and help the state’s ailing budget. The...

Atlantic City mayor rejects idea of state intervention; Proposes alternative

Latest Casino and Gambling News Economy/Finance New Jersey

February 23, 2016 0

On Monday, the mayor of the resort city on New Jersey‘s Atlantic coast known for its casinos, iconic Boardwalk, and...

New legislation seeks to revise 2013 deal with Oneida Nation