Washoe County to take responsibility for back taxes; Reno Casinos avoid paying close to $5 million Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNevada April 15, 2016 0An issue with unpaid taxes in Washoe County has now been resolved, as the county has decided to not hold...
Atlantic City would get 130 days to avoid takeover with new plan Kim M Latest Casino and Gambling NewsEconomy/FinanceNew Jersey April 14, 2016 0Under a new proposal, Atlantic City has 130 days to devise a plan to fix its finances or the state...
MGM and Wynn Macau have stopped providing free shuttle access from March 1 Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceMacau April 14, 2016 0A couple of years ago it would have been inconceivable to think that visitors to Macau would have to pay...
In first three months of 2016 Ohio casinos generate a hefty $71.2 million Kim M Latest Casino and Gambling NewsEconomy/FinanceOhio April 12, 2016 0The first three months of 2016 recorded the highest single quarter for Ohio’s four casinos since they opened in 2012;...
$975m – $1.2 billion MGM (RIET) IPO set for Friday; Terms announced Lars Jones Latest Casino and Gambling NewsNorth America Casino NewsEconomy/FinanceMergers, Acquisitions & Partnerships April 11, 2016 0MGM Growth Properties LLC MGM Resorts International’s (nyse:mgm) real estate investment trust (REIT), has announced the terms of its initial...
Indiana casino revenues slightly down in March Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceIndiana April 10, 2016 0After starting off strong in 2016, the casinos of Indiana have reported a slight drop in revenues from gaming when...
Sun International drops Peermont Group acquisition Lars Jones Latest Casino and Gambling NewsSouth AfricaEconomy/FinanceMergers, Acquisitions & Partnerships April 8, 2016 0Wednesday South Africa’s Sun International (JSE: SUI) announced that it planned to halt its R9.5 billion ($623 million) plan to take over rival Peermont...
Atlantic City casinos report a 40% higher gross operating profit in 2015 Alex Lanter Latest Casino and Gambling NewsCasino NewsEconomy/FinanceNew Jersey April 8, 2016 0Atlantic City had a pretty bad year in 2014 when four of its gaming properties closed their doors for customers....
Genting Malaysia to invest heavily into its Resorts World Genting Casino Renee Kingsley Latest Casino and Gambling NewsCasino project updatesEconomy/FinanceMalaysia April 8, 2016 0Genting Malaysia Bhd is the parent company of the Resorts World Genting Casino, which is Malaysia’s biggest and only legal...
Century Casino Central City named “Best Casino in Denver” four years running Lars Jones Latest Casino and Gambling NewsEconomy/FinanceColorado April 7, 2016 0Century Casinos, Inc. (nasdaq:cnty) announced this week that their award winning Century Casino & Hotel Central City has been named as “Best Casino...
Christie says Atlantic City’s debt payments wouldn’t be made by him Kim M Latest Casino and Gambling NewsEconomy/FinanceBankruptcyNew Jersey April 7, 2016 0With Atlantic City’s May bond payment looming, New Jersey Governor Chris Christie won’t intervene as the once thriving gambling mecca...
The Panama Papers; More casino connections: Amaya associates possibly linked Lars Jones Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinancePanamaOnline Gambling NewsTax Evasion April 6, 2016 0This article has been updated. After over more than a year of collaborations by journalists in about 80 countries, three days ago...
Wynn vs Wynn; Queen of Las Vegas files additional documents in Nevada Court Lars Jones Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceFines, Lawsuits & Litigation April 6, 2016 0Elaine Wynn, who co-founded and helped bring Wynn Resorts (NASDAQ: WYNN) to the top of the gambling world along with ex-husband,...
Judge rules in favour of the Borgata Casino and allows four year appeal on Atlantic City property taxes Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinanceTaxationFines, Lawsuits & LitigationNew Jersey April 6, 2016 0Atlantic City has accumulated a large amount of debt during the last decade due to the collapse of its once...
Maryland casinos report gains for the fourth straight month Kim M Latest Casino and Gambling NewsEconomy/FinanceMaryland April 6, 2016 0On Tuesday, the Lottery and Gaming Control Agency released figures that show March makes the fourth consecutive month of revenue...