Tagged lake tahoe

American casinos experience January slump in aggregated visitation

February 8, 2022

U.S.A., Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance

Last month reportedly saw an aggregated drop in the number of patrons visiting casinos across the United States although this slump could be short-lived as the prevalence of the omicron variant of coronavirus c...

Nevada gaming win hits $1bn yet again in September

Sadonna Price

October 28, 2021

Latest Casino and Gambling News, Economy/Finance, Nevada

Nevada casinos are on a roll. For the seventh month running, the state’s casinos have hit the $1 billion gaming win mark. Earlier this week, the Nevada Gaming Control Board reported that the gaming win has reac...

New owner for Nevada’s Tahoe Biltmore Lodge and Casino

Adam Morgan

October 14, 2021

Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

In the western American state of Nevada and a developer has reportedly paid $56.8 million to buy the Tahoe Biltmore Lodge and Casino in hopes of transforming the 15-acre site into a new-look destination casino ...

Nevada casinos continued to post improved revenues through August

Adam Morgan

October 2, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Taxation, Nevada

In the American state of Nevada, aggregated casino revenues for August reportedly increased by 56.9% year-on-year to surpass the $1 billion milestone for a sixth consecutive month as nearly every market chalked...

Nevada aggregated gross gaming revenues post an expected dive for February

Adam Morgan

March 27, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Nevada

In the western American state of Nevada, aggregated gross gaming revenues for February reportedly decreased by 26% year-on-year to $772.4 million as venues located along the Las Vegas Strip experienced a 41.5% ...

Nevada gaming revenues continue to decline in September

Sadonna Price

October 29, 2020

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Nevada

As COVID-19 continues to be an issue across the US, the gaming industry in Nevada is still grappling with the effects of the virus. Tourism is increasing, but still down from the 2019 totals, which affects the ...

Twin River Worldwide Holdings Incorporated details trio of casino deals

Adam Morgan

April 27, 2020

Casino Sales, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Louisiana, Nevada, New Jersey

A little over a year after buying three casinos in Colorado and Twin River Worldwide Holdings Incorporated has now announced the signing of deals that are to see it take over gambling-friendly properties in Lou...

Maverick Gaming inks deal to further grow its Nevada casino estate

Adam Morgan

March 13, 2020

Casino Sales, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

American regional casino operator Maverick Gaming has announced the signing of a definitive agreement that is to see it acquire the 400-room Montbleu Resort Casino and Spa Lake Tahoe from Eldorado Resorts Incor...

Nevada casino revenue flat for February, tops $1B; sportsbooks see record handle

K Morrison

March 29, 2019

Casino News, Latest Casino and Gambling News, Las Vegas, Mobile gaming, Sports betting, Online Gambling News, Nevada

February's gaming win for Nevada was flat, however, still managed to top the $1 billion mark, according to a Thursday report from the state Gaming Control Board. According to the board's Win Revenue Summary ...

Significant milestone for Hard Rock Hotel and Casino Sacramento

Adam Morgan

February 14, 2019

Latest Casino and Gambling News, Tribal Gaming, Casino News, Casino project updates, California

In northern California, the federally-recognized Estom Yumeka Maidu Tribe of Enterprise Rancheria reportedly held a topping-off ceremony for its coming Hard Rock Hotel and Casino Sacramento yesterday some 17 ye...

Nevada gaming revenues drop for a second consecutive month

Adam Morgan

September 28, 2018

Latest Casino and Gambling News, Economy/Finance, Nevada

In Nevada, statewide aggregated gross gaming revenues reportedly dropped by 7.7% year-on-year last month to around $912.9 million as combined August visitor numbers for Las Vegas posted a 0.2% decrease to appro...

Federal judge approves Cal Neva Resort and Casino settlement deal

Adam Morgan

January 1, 2018

Casino Sales, Latest Casino and Gambling News, Casino News, Casino project updates, Mergers, Acquisitions & Partnerships, Nevada

In Nevada, a federal bankruptcy judge has approved an agreement that will see billionaire American businessman, Larry Ellison, pay approximately $35.8 million in order to assume control of the shuttered Cal Nev...

Oracle co-founder Ellison to purchase shuttered Cal Neva Resort and Casino

Adam Morgan

October 25, 2017

Latest Casino and Gambling News, Casino News, Casino project updates, Mergers, Acquisitions & Partnerships, Nevada

In Nevada, the billionaire businessman behind computer technologies giant Oracle Corporation, Larry Ellison (pictured), has reportedly spent $35.8 million in order to purchase the shuttered Cal Neva Resort and ...

Cal Neva Lodge & Casino still facing bankruptcy woes

Sadonna Price

March 31, 2017

Latest Casino and Gambling News, Nevada

It has been nine months since the Cal Neva Lodge & Casino owners have filed bankruptcy on the Nevada property and not much has changed in the way of getting the venue back on track for business. The casino ...

Nevada lawmaker proposes lowering state’s gambling age

Adam Morgan

February 7, 2017

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Nevada

In Nevada, the first day of the western state’s new legislative session has reportedly seen a lawmaker introduce a measure that could see the legal gambling age lowered by three years to 18. According to a r...