Spending cuts—but not bankruptcy—eyed for Atlantic City Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersLabor RelationsNew Jersey January 17, 2016 0Bob McDevitt is the President of the Local 54 of Unite-HERE, a union heavily involved in the Atlantic City casino...
Former Showboat casino in Atlantic City’s sale finalized by Stockton University Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesMergers, Acquisitions & PartnershipsNew Jersey January 17, 2016 0The drama that has enveloped Stockton University since the December 13, 2014 purchase of the shuttered Showboat Atlantic City hotel...
Financing woes; Closed Atlantic Club casino back on the market Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcyNew Jersey January 5, 2016 0The Atlantic Club was the first of four casinos top close-up shop in Atlantic City in 2014 and now plans...
Federal judge denies Wampanoag’s request for review of Martha’s Vineyard casino decision Lars Jones Latest Casino and Gambling NewsTribal GamingLicensesFines, Lawsuits & LitigationMassachusetts December 25, 2015 0On Wednesday, U.S. District Court Judge F. Dennis Saylor denied a request by the (Aquinnah) Wampanoag tribe of Gay Head to reconsider...
North Jersey casino bill for referendum introduced by legislators Kim M Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesNew Jersey December 12, 2015 0Legislation was introduced by Senate President Steve Sweeney that calls for a November 2016 referendum that will decide whether or...
Deed restrictions on ex-Showboat casino teeter on bill Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesLicensesFines, Lawsuits & LitigationNew Jersey December 9, 2015 0A bill that would remove restrictions on how the former Showboat casino in Atlantic City can be used was passed...
Former Stockton president exits sans golden parachute Kim M Latest Casino and Gambling NewsCasino NewsGaming Industry NewsNew Jersey December 4, 2015 0No lucrative exit deal is in the cards for a southern New Jersey university’s former president who failed in his...
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...
Phil Ruffin says MGM rejected $1.3B offer on Mirage Alex Lanter Latest Casino and Gambling NewsU.S.A.World Casino NewsMergers, Acquisitions & PartnershipsNevada November 18, 2015 0Billionaire Phil Ruffin revealed that MGM Resorts rejected his $1.3 billion offer to buy The Mirage, a neighbouring property to...
Casino lawsuit not a concern for local Kansas officials Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesFines, Lawsuits & LitigationKansas November 16, 2015 0Officials in Pittsburg say they are not concerned with the looming court ruling regarding Kansas’s June decision to award a...
Atlantic City sees slight decrease in casino revenue Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNew Jersey November 15, 2015 0The New Jersey Division of Gaming Enforcement released the figures for the month of October in regards to the revenues...
Former Showboat Casino’s uses weighed by Blatstein Kim M Latest Casino and Gambling NewsCasino NewsGaming Industry NewsMergers, Acquisitions & PartnershipsNew Jersey November 11, 2015 0Re-opening the former Showboat in Atlantic City as a casino is apparently not out of the question, according to new...
Stockton University reveals buyer identity and makes new agreement for sale of former Showboat casino Renee Kingsley U.S.A.New HotelsCasino closuresEconomy/FinanceMergers, Acquisitions & PartnershipsNew Jersey November 10, 2015 0Stockton University has been trying for a number of months to sell the former Showboat casino in Atlantic City after...
Texas casino possible for Alabama-Coushatta Kim M Latest Casino and Gambling NewsGaming Law & LegislationTribal GamingCasino NewsGaming Industry NewsCasino project updatesLicensesTexas November 9, 2015 1Thirteen years after the Alabama-Coushatta tribe of Texas was forced to cease all gambling operations, the tribe’s property just off...
Time running out for Christie to act on casino bills Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsEconomy/FinanceTaxationNew Jersey November 7, 2015 0Governor Chris Chistie of New Jersey has not yet said whether he will veto or sign into a law important...