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LATEST CASINO NEWS:
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Court approves Caesars bankruptcy plan to emerge in 2017 with $10 billion less debt

Lars Jones
Latest Casino and Gambling NewsLas VegasEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcyIllinois
January 18, 2017 0
In a press relief noted for its brevity compared to the gravity lifted, Caesars Entertainment Corporation (NASDAQ: CZR) has seen...

Bank lenders threatening to end Caesars Entertainment Corporation bankruptcy deal

Adam Morgan
Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsFines, Lawsuits & Litigation
December 7, 2016 0
A plan previously worked out by American casino giant Caesars Entertainment Corporation designed to get its Caesars Entertainment Operating Company...

Bankruptcy watchdog disapproves of Caesars Entertainment Corporation plan

Adam Morgan
Latest Casino and Gambling NewsNorth America Casino NewsFines, Lawsuits & Litigation
November 23, 2016 0
The plan worked out last month by American casino giant Caesars Entertainment Corporation designed to get its Caesars Entertainment Operating...

Caesars Entertainment Corporation unit begins process of raising new financing

Adam Morgan
Latest Casino and Gambling NewsNorth America Casino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcy
November 7, 2016 0
American casino giant Caesars Entertainment Corporation has begun the process of raising up to $3.8 billion that its Caesars Entertainment...

MGM Resorts willing to spend as much as $10 billion on Japan casino, possibly via REIT

Kim M
Latest Casino and Gambling NewsGaming Law & LegislationJapan
October 31, 2016 0
On Monday, Las Vegas-based MGM Resorts International (MGM.N) Chief Executive Officer James Murren said that the company could spend close to...

Caesars reaches deal with last holdout creditor

Sadonna Price
Latest Casino and Gambling News
October 27, 2016 0
A proposed restructuring plan has been delayed for some time for Caesars Entertainment due to a holdout bondholder that was...

Big plans ahead for The Meadows Racetrack And Casino

Adam Morgan
Latest Casino and Gambling NewsCasino expansion projectsPennsylvania
October 14, 2016 0
After last month purchasing the casino and racetrack operations of The Meadows Racetrack And Casino for $138 million, Pinnacle Entertainment Incorporated...

Pinnacle Entertainment Incorporated completes deal to run Pennsylvania casino

Adam Morgan
Latest Casino and Gambling NewsMergers, Acquisitions & PartnershipsPennsylvania
September 13, 2016 0
After last week receiving a final regulatory approval from the Pennsylvania Gaming Control Board, American casino operator Pinnacle Entertainment Incorporated...

Pinnacle Entertainment clears final hurdle for acquisition of Pennsylvania casino

Adam Morgan
Latest Casino and Gambling NewsMergers, Acquisitions & PartnershipsPennsylvania
September 8, 2016 0
The Pennsylvania Gaming Control Board has approved a deal that will see Pinnacle Entertainment Incorporated acquire the casino and racetrack...

Calata Corporation partners up for new Mactan Leisure City integrated casino resort

Adam Morgan
Latest Casino and Gambling NewsCasino proposalsMergers, Acquisitions & PartnershipsPhilippines
August 23, 2016 0
Philippines farming products distributor Calata Corporation has announced plans to team up with American firm Sino-America Gaming Investment Group and...

Caesars’ casino REIT plan opposed by U.S. lawmakers

Kim M
Latest Casino and Gambling NewsLas VegasEconomy/FinanceBankruptcyFines, Lawsuits & Litigation
June 2, 2016 0
Treasury Secretary Jacob Lew was urged by U.S. Congress members to deny a favorable tax ruling to Caesars Entertainment Corp...

Ameristar’s plan to sell casino and lease it back, opposed by Union

Kim M
Latest Casino and Gambling NewsMergers, Acquisitions & PartnershipsFines, Lawsuits & LitigationIndiana
April 27, 2016 0
A judge is being asked by a labor union that represents workers at the Ameristar Casino located in East Chicago...

MGM Resorts closes on REIT IPO and related financial transactions

Adam Morgan
Latest Casino and Gambling NewsLas VegasEconomy/FinanceMergers, Acquisitions & PartnershipsNevada
April 26, 2016 0
Casino operator MGM Resorts International has established the MGM Growth Properties LLC subsidiary to handle ten of its properties including The...

$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 0
MGM Growth Properties LLC  MGM Resorts International’s (nyse:mgm) real estate investment trust (REIT), has announced the terms of its initial...

Transfer of casino properties approved by Missouri Gaming Commission

Kim M
Latest Casino and Gambling NewsMergers, Acquisitions & PartnershipsMissouri
March 29, 2016 1
In a unanimous decision on Wednesday, the Missouri Gaming Commission voted 5-0 to allow the transfer of Pinnacle Entertainment’s casino...
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