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UNITED STATES GAMING

MGM Not Selling Casinos; Drops Bankruptcy Warning

MGM Not Selling Casinos; Drops Bankruptcy Warning

by Staff

Fri, Jun 26, 2009

The Treasure Island (l.) will probably be the only Las Vegas sold by the company now that MGM Mirage CEO Jim Murren said he doesn't have any plans to sell any other casinos in Las Vegas because of low offers. And the company drops ‘going concern’ warnings in latest SEC filing.

Tight Deadlines Issued for Aqueduct Racino

by Staff

Fri, Jun 26, 2009

State informs bidders that the winning party will have to open at track by October 2011; with the current credit crunch, analysts and horse industry fear another bump in the road for long-awaited project.

Fontainebleau Fiasco Continues

Fontainebleau Fiasco Continues

by Staff

Fri, Jun 26, 2009

Troubled Las Vegas resort struggles in bankruptcy negotiations while large gaming companies tour stymied project.

Harrah’s Atlantic City Hits Back at UAW

by Staff

Fri, Jun 26, 2009

Union’s multi-media, multimillion-dollar blitz blamed Harrah’s for no dealer contract in AC; now casino giant talks back in ads of its own

Nevada Regulators Didn't Monitor Borrowing

by Staff

Fri, Jun 26, 2009

Regulators said decision to take on debt, which is now hurting a number of large casino operators in Nevada, was best made by companies, not regulators.

Donald Trump Wants His Atlantic City Casinos Back

Donald Trump Wants His Atlantic City Casinos Back

by Staff

Fri, Jun 26, 2009

Though he’s tried in recent months to sell off the company, the billionaire real estate mogul and reality TV boss can’t seem to relinquish his Atlantic City holdings

Harrah’s Atlantic City Hits Back at UAW

by Staff

Fri, Jun 26, 2009

Union’s multi-media, multimillion-dollar blitz blamed Harrah’s for no dealer contract in AC; now casino giant talks back in ads of its own

New Hampshire Turns Back on Gambling

by Staff

Fri, Jun 26, 2009

In a legislative tug-of-war between the New Hampshire Senate and House over whether to put gaming revenues into the budget this session, Governor John Lynch cast the deciding “vote” pulling gaming “off the table,” for this year.

NHL Not Coming To Vegas Soon

NHL Not Coming To Vegas Soon

by Staff

Fri, Jun 26, 2009

The National Hockey League held its annual awards ceremony in Las Vegas in June, but the prospects of a team locating in the city remain weak

Kansas Commission Views Casino Proposals.

by Staff

Fri, Jun 26, 2009

The Kansas Lottery Commission began hearing five proposals for two regional casinos in Sumner and Wyandotte Counties, including a dramatically increased proposal by Penn National Gaming Inc.

Rhode Island Casino Files For Bankruptcy

Rhode Island Casino Files For Bankruptcy

by Staff

Fri, Jun 26, 2009

The Twin River casino in Lincoln, Rhode Island, won’t come to an end as the result of Chapter 11 bankruptcy filing last week. It will, in fact, have longer hours. What will end, in August, is the live racing that has been an integral part of the park since it opened in 1947.

Station Seeks Restructuring Extension

by Staff

Fri, Jun 26, 2009

Company continues discussion and wants forbearance extended until July 17.

Culinary Union Agrees To New Delay Raises

by Staff

Fri, Jun 26, 2009

Strip workers concede raises, union signs deal with MGM Mirage.

Pennsylvania Lawmakers Target Gaming Contributions

by Staff

Fri, Jun 26, 2009

As a report shows extensive political contributions made in Pennsylvania by casino interests, lawmakers move to institute a new ban.

Massachusetts Casino Could Take A Bite Out Of New York Gaming

by Staff

Fri, Jun 26, 2009

As Mohegan Sun eyes locale near the Massachusetts Turnpike, New York gaming board plots its response—and a possible expansion of games.

U.S. Virgin Islands Sues Company for Back Taxes

by Staff

Fri, Jun 26, 2009

Island government takes on St. Thomas VLT operator, saying it paid retailers from gross, not net revenues, thus skimming the island’s share.

New Gaming Facility Proposed In Vegas

by Staff

Fri, Jun 26, 2009

Developers are talking about building a retail and gaming facility at the corner of Sahara and Las Vegas Boulevard

Court Upholds Casino Debts

by Staff

Fri, Jun 26, 2009

Efforts by a Wisconsin man to avoid paying debts to Wynn Las Vegas and Caesars Palace were defeated when a court ruled that the debts remain valid even those gambling contracts are unenforceable in Wisconsin

Rendell Would Consider Pennsylvania Tables

by Staff

Fri, Jun 26, 2009

The Pennsylvania governor said he would consider signing a bill to legalize table games, but cautioned that such a measure would not solve the state’s budget woes.

Peninsula Gaming to Buy Amelia Belle

by Staff

Fri, Jun 26, 2009

Owner of Evangeline Downs race track will purchase Louisiana riverboat casino for $106.5 million