Caesars Entertainment Corp hires new restructuring officer; Warns of Chapter 11 Sadonna Price Latest Casino and Gambling NewsU.S.A.Bankruptcy May 7, 2016 0On Friday, Caesars Entertainment Corp (NASDAQ: CZR) announced that retired bankruptcy judge Robert Gerber has been appointed to the newly created...
Cash hacked from Bangladesh bank returned by junket operator Kim M Latest Casino and Gambling NewsMoney LaunderingPhilippines May 5, 2016 0Chinese casino boss and junket operator in the Philippines, Kim Wong, has turned over $5 million, in what is believed...
Resorts Casino Hotel to spend $20 million on hotel room renovations: Updated Sadonna Price Latest Casino and Gambling NewsCasino expansion projectsNew Jersey April 30, 2016 0Update 5-5-16: Please see update below Atlantic City’s Resorts Casino Hotel is planning on spending a hefty sum to renovate...
New name announced for Saratoga Casino and Raceway Kim M Latest Casino and Gambling NewsCasino expansion projectsNew HotelsNew York April 28, 2016 0The $40 million expansion is coming together quickly as most the structural work is complete on the new hotel being...
48 individuals indicted in bank fraud scheme at Atlantic City casinos Kim M Latest Casino and Gambling NewsRacketeeringFines, Lawsuits & LitigationFinancial FraudNew Jersey April 27, 2016 0On Monday, 48 people were charged with a bank fraud scheme that netted those involved more than $570,000. Most of...
Saskatchewan officials green light new Lloydminster casino Adam Morgan Latest Casino and Gambling NewsCasino proposalsAlbertaSaskatchewanCanadian Tribal April 27, 2016 0The Canadian province of Saskatchewan could soon have its ninth casino, after the Saskatchewan Liquor And Gaming Authority granted conditional...
DOT issues new rules on bus safety Adam Morgan Latest Casino and Gambling NewsConnecticutNew York April 27, 2016 0The US Department Of Transportation (DOT) has issued new rules designed to help riders stay safe when bus crashes occur....
MGM Resorts closes on REIT IPO and related financial transactions Adam Morgan Latest Casino and Gambling NewsLas VegasEconomy/FinanceMergers, Acquisitions & PartnershipsNevada April 26, 2016 0Casino operator MGM Resorts International has established the MGM Growth Properties LLC subsidiary to handle ten of its properties including The...
Gaming officials tour Montreign Resort Casino site Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsCasino project updatesNew York April 25, 2016 0Officials from the New York State Gaming Commission will tour the site of the coming Montreign Resort Casino in the Catskills...
High-profile advisers from U.S. named to Imperial Pacific’s new advisory committee Kim M Latest Casino and Gambling NewsHong KongMergers, Acquisitions & PartnershipsNorthern Mariana IslandsSaipan April 25, 2016 0A three-member advisory committee has been established by Hong Kong-listed Imperial Pacific International Holdings Ltd (1076:HKG) to provide the firm’s...
Buffalo lends a guiding hand in Rochester casino talks Kim M Latest Casino and Gambling NewsTribal GamingCasino proposalsNew York April 24, 2016 0Buffalo Mayor Byron Brown told Rochester Mayor Lovely Warren and her administration to be prepared for strong opposition to a...
Rivers Casino and Resort Schenectady’s topping-off ceremony marks construction milestone Kim M Latest Casino and Gambling NewsCasino project updatesNew York April 19, 2016 0Monday’s topping-off ceremony for the $330 million Rivers Casino & Resort Schenectady ,that was attended by representatives from the casino,...
Exclusive: Vernon Downs investor concerned about market share, continued impact of Oneida monopoly Lars Jones Latest Casino and Gambling NewsTribal GamingHorse RacingEconomy/FinanceNew York April 17, 2016 0While Tioga Downs in the Southern Tier of Upstate New York works busily toward getting their facilities ready to open...
2015/Q1 2016 U.S. online gambling legislation update Lars Jones Latest Casino and Gambling NewsU.S.A.Online gambling regulationTaxationUnited Kingdom April 10, 2016 0In 2015 seven states in the U.S. considered legalizing online gambling, none of the bills got off the floor. Currently online...
Tax break will aid Finger Lakes in ‘competition’ with new del Lago Casino Kim M Latest Casino and Gambling NewsHorse RacingTaxationNew York April 9, 2016 0To compete with the $425 million del Lago Resort & Casino being built approximately a half hour away in Tyre,...