Tropicana continues investing for success Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceNew Jersey June 24, 2016 0The Tropicana Casino And Resort Atlantic City has recently completed a $40 million renovation project after spending close to $50...
Atlantic City Casino Workers vote to strike on July 1 Kim M Latest Casino and Gambling NewsLabor RelationsNew Jersey June 17, 2016 0Thousands of Atlantic City casino workers have authorized a July 1 walk-off – on casino’s biggest holiday weekend of the...
Forgotten Fontainebleau casino project could be sold soon Sadonna Price Latest Casino and Gambling NewsLas VegasNevada June 5, 2016 0Carl Icahn purchased the Fontainebleau of Las Vegas in 2010 for $150 million after the previous owners had ceased construction,...
Fitch Ratings Say Trump Taj Mahal casino could shutdown if Atlantic City’s casino industry continues to decline Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceNew Jersey June 3, 2016 0Atlantic City’s casino industry has been in decline for close to a decade now with revenues falling from $5.2 billion...
Union appeal over Trump Taj Mahal bankruptcy rejected by Supreme Court Kim M Latest Casino and Gambling NewsFines, Lawsuits & LitigationNew Jersey June 1, 2016 0A challenge by a union attempting to restore the pension and health benefits of upwards of 1,000 workers at the...
Decision facing Supreme Court; asked to rule on Trump casino bankruptcy Kim M Latest Casino and Gambling NewsBankruptcyFines, Lawsuits & LitigationNew Jersey May 31, 2016 0Whether or not to restore the pension and health benefits of more than 1,000 casino workers at the Trump Taj...
Local 54 and Tropicana negotiation session results in picket of casino by union supporters Sadonna Price Latest Casino and Gambling NewsLabor RelationsNew Jersey May 7, 2016 0On Tuesday, the management of the Tropicana Casino of Atlantic City and the UNITE-HERE Local 54 met to negotiate terms...
Atlantic City casino revenue up 14.7% in February Kim M Latest Casino and Gambling NewsEconomy/FinanceNew Jersey March 15, 2016 0Atlantic City’s casinos managed to wrangle 14.7 percent more from gamblers in February than they did last year. The state...
Las Vegas returns; Palms could be third casino to list for sale with rebound Lars Jones Latest Casino and Gambling NewsLas VegasEconomy/Finance March 7, 2016 1Investment bank Macquarie Group Ltd. has been retained to explore a possible sale of the Palms Casino Resort in Las Vegas,...
Taj Mahal emerges from bankruptcy Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcyNew Jersey February 27, 2016 0Friday saw the Trump Taj Mahal Casino in Atlantic City come out of bankruptcy thanks to billionaire investor, Carl Icahn’s Icahn Enterprises...
Taj Mahal takeover could be sidetracked based on Local 54 appeal Kim M Latest Casino and Gambling NewsBankruptcyFines, Lawsuits & LitigationNew Jersey February 15, 2016 0If the U.S. Supreme Court is asked by a union to review a case over pension and health benefits rescinded...
Appeals court rules in favor of Trump Taj Mahal in worker benefits case Sadonna Price Latest Casino and Gambling NewsLabor RelationsBankruptcyFines, Lawsuits & LitigationNew Jersey January 17, 2016 0On Friday, an appeals court of Atlantic City ruled in favor of the Trump Taj Mahal Casino, stating the casino...
Wall Street firm predicts more closures in Atlantic City if more Northeast casinos are opened Alex Lanter Latest Casino and Gambling NewsU.S.A.World Casino NewsEconomy/FinanceNew Jersey December 1, 2015 0Moody’s Investors Service, a Wall Street firm, predicts that Atlantic City will witness more casino closings if there’s a new...
Deal converts SLS hotel tower to W Las Vegas Kim M Latest Casino and Gambling NewsCasino NewsNew HotelsGaming Industry NewsCasino project updatesLicensesMergers, Acquisitions & PartnershipsNevada November 15, 2015 0The Strip will get its first W branded hotel by way of a deal between lodging giant Starwood Resorts Worldwide...
Unfinished Fontainebleau on Vegas Strip to be veiled Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesNevada November 6, 2015 0The never-ending construction of the nearly completed Fontainebleau casino-hotel high-rise is being covered up to improve the view on the...