Governor Sandoval’s General Counsel Moves on to Resorts World Position Sadonna Price Latest Casino and Gambling NewsNevada August 18, 2015 0Governor Brian Sandoval of Nevada just lost his general counsel Michon Martin as she moves on to join the team...
Billionaire James Packer’s Crown credit profile under pressure D. Graham Latest Casino and Gambling NewsAustraliaCasino NewsWorld Casino NewsNorth America Casino NewsGaming Industry NewsCasino project updatesEconomy/FinanceMacauNevada August 18, 2015 0Between the recent increase in cost to insure Crown Resort’s notes, rising net debt, widening spread of credit default swaps,...
Las Vegas Club sold to Stevens Bros Kim M Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsNevada August 16, 2015 0Tamares Group’s CEO Jonathan Jossel announced Friday that the aging Las Vegas Club has been sold to Derek and Greg...
New video calls anti-online-gambling campaign’s assertions into question Lars Jones Casino NewsOnline gambling regulationOnline PokerNevada August 16, 2015 0Gambling mogul and casino billionaire, Sheldon Adelson has been called out for his claims about the dangers of online gambling....
James Packer resigns as Crown Resorts Chairman, assumes Senior Executive directorship D. Graham Latest Casino and Gambling NewsAustraliaWorld Casino NewsGaming Industry NewsCasino project updatesMacauSpainNevada August 13, 2015 0Crown Resorts Limited, Australia, has announced that billionaire James Packer, Crown’s largest shareholder, has stepped down as Chairman. Mr. Packer...
Tourism agency votes to demolish Riviera Kim M Latest Casino and Gambling NewsCasino NewsCasino closuresNevada August 12, 2015 0The vote is in and Tuesday’s decision by the Las Vegas Convention and Visitors Authority (LVCVA) to tear down the...
Lower ranking creditors sue trustees for Caesars’ senior and middle tier lenders Lars Jones Latest Casino and Gambling NewsLas VegasBankruptcyFines, Lawsuits & Litigation August 11, 2015 0Fearing they may be frozen out a group of lower ranking creditors have sued senior lenders of Caesars Entertainment Operating...
First-ever profit reported by The Cosmopolitan in Las Vegas Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNevada August 10, 2015 0The Cosmopolitan hotel and casino, located on the Las Vegas Strip, was first opened in 2010. The casino had yet...
Penn National closer to Tropicana Las Vegas buy Sadonna Price Latest Casino and Gambling NewsCasino proposalsNevada August 6, 2015 0Penn National Gaming received preliminary approval yesterday to acquire the Las Vegas property of the Tropicana. Nevada gaming regulators gave...
Virginia City casino owner denied gambling license by Nevada Gaming Control Board Sadonna Price Latest Casino and Gambling NewsLicensesNevada August 6, 2015 0Vincent Michael Malfitano is a businessman from California who recently purchased two casinos located in Virginia City, Nevada. To move...
Caesars reaches restructuring agreement with lenders Kim M Latest Casino and Gambling NewsEconomy/FinanceBankruptcyFines, Lawsuits & LitigationNevada August 3, 2015 0The corporation that filed for bankruptcy over six months ago, a major division of Caesars Entertainment Corporation, filed for bankruptcy,...
Amaya NYX deal for Cryptologic and Chartwell closes Lars Jones Latest Casino and Gambling NewsGame manufacturersEconomy/FinanceOntarioMergers, Acquisitions & PartnershipsNevada August 1, 2015 0Amaya Inc. has completed the sale of its online gaming platform to NYX Gaming. Amaya acquired Chartwell Technology Inc. and...
Las Vegas convention committee recommends demolishing the Riviera on planned timetable D. Graham Latest Casino and Gambling NewsWorld Casino NewsGaming Industry NewsNevada July 30, 2015 0The Las Vegas Review Journal reports that there were only two viable options before the Las Vegas Convention and Visitors...
Caesars denied permission for quick appeal to halt bondholder suits D. Graham U.S.A.Las VegasCasino NewsWorld Casino NewsNorth America Casino NewsGaming Industry NewsDelawareBankruptcyNevadaNew York July 30, 2015 0U.S. Bankruptcy Judge A. Benjamin Goldgar has denied Caesars Entertainment Operating Company (CEOC) permission to appeal his July 22 ruling...
Artificial palm trees fueled fire at Cosmopolitan Sam Mitchell Latest Casino and Gambling NewsLas VegasCasino News July 28, 2015 0Las Vegas: The poolside fire that occurred over the weekend next to a rooftop pool at the Cosmopolitan, was driven by high...