Chicago Casino Plan Considered at Hearing

Illinois state Rep. Bob Rita (l.) has revised his expanded gambling legislation to offer two proposals. One plan would allow a Chicago-only casino with 10,000 gaming positions. The other...

Published April 21, 2014

Sands Bethlehem Sale Rumors Swirl

Rumors that Tropicana Entertainment is in negotiations to buy the Sands Casino Resort Bethlehem have been downplayed by Bethlehem Mayor Bob Donchez.

Published April 21, 2014

Penn CEO: Ohio a $2 Billion Market

Penn National Gaming CEO Timothy Wilmott (l.) recently predicted that the Ohio would eventually become a $2 billion market once it shakes out all its demons. Meanwhile, Ohio’s lawmakers...

Published April 21, 2014

Report: Cosmopolitan Las Vegas for Sale

The German bank that financed and completed the Cosmopolitan in Las Vegas is ready to unload the property, says a source. Deutsche Bank foreclosed and took over operations after...

Published April 21, 2014

New Hampshire Casino Supporters Lobby House

The New Hampshire House for the second time this year is considering a bill to authorize gaming in the state; this time two casinos, rather than the one that...

Published April 21, 2014

Gaming Interests Fund Florida Republicans, Democrats

Three days after the first-quarter fundraising deadline, Florida Senator Garrett Richter said expanded gambling legislation was dead this session. Before that, gambling interests gave the Florida GOP $682,000 and...

Published April 21, 2014

Universal: Manila Bay Resorts Still on Track

Kazuo Okada’s Philippine partnerships have unraveled, but not his plans for a megaresort on Manila Bay. The tycoon’s Philippine subsidiary said the $2 billion complex (l.) will open on...

Published April 21, 2014

Reno Market Looking Up

Gaming revenues will never return to pre-recession levels, but Reno has adjusted to new competition from tribal casinos in Northern California. And gaming executives there say they will continue...

Published April 21, 2014

Macau’s Profits, Taxes Surge With Revenue

Macau’s booming casino industry isn’t just getting bigger. It’s getting more profitable, too, as growth in the higher-margin mass market continues to outstrip VIP.

Published April 21, 2014

Caesars Sells Atlantic City Country Club

Caesars Entertainment has sold the 117-year-old Atlantic City Country Club in Northfield New Jersey to a southern New Jersey golf course operator. The deal still reserves special privileges at...

Published April 21, 2014

Nepal’s Casinos Resist Tax Hikes

Nepal’s casinos have won another delay in their fight with the government over stricter regulations and higher taxes. They say they can’t afford the increases, and a compromise could...

Published April 21, 2014

Detroit Casino Revenue Continues Downward

As revenue from Detroit's three casinos continues downward, experts blamed the weather, the economy and new gambling options. In 2013, combined revenue from MGM Grand Detroit, MotorCity Casino Hotel...

Published April 21, 2014

Credit Crunch in China Hits Wynn Shares

High rollers in Macau could curb their betting as China puts more limits on borrowing, according to a Wells Fargo analyst. Wynn Resorts, which makes most of its money...

Published April 21, 2014

Las Vegas’ Red Rock Resort to Expand

Red Rock Resort, a Station Casinos property in Las Vegas, is undergoing its most extensive and expensive renovation since it opened in April 2006. The $925 million overhaul is...

Published April 21, 2014

Atlantic City’s ‘Do AC’ Marketing Campaign Changes Approach

Atlantic City’s “Do Ac” marketing campaign is entering its second year with a new focus. The $20-million campaign will emphasize special events and concerts and use social media to...

Published April 21, 2014

Caesars Growth Partners Raises $675 Million in Bond Sale

A subsidiary of the Las Vegas casino company, which carries more than $23 billion in long-term debt, is selling bonds that will enable it to buy four casinos from...

Published April 21, 2014

Lottery Delays New Bingo Rules

The Texas Lottery Commission postponed voting on a controversial measure that would let bingo players use "video confirmation" to show if they have a winning pull-tab ticket. Opponents said...

Published April 21, 2014

Nevada Union Members Take to the Picket Lines

In keeping with their warning to picket Downtown Las Vegas casinos that have not yet signed new contract deals with their unionized employees, about 2,000 members of Culinary Local...

Published April 21, 2014

Borgata Ordered to Repay Players in Poker Tournament Cheating Case

Atlantic City’s Borgata Hotel Casino & Spa has been ordered by state regulators to refund the $500 buy-in to more than 2,000 players in a January poker tournament that...

Published April 21, 2014

New Mexico Orders Governor to Recognize Apache

New Mexico Governor Susana Martinez (l.) has insisted for years that the Fort Sill Apache tribe is indigenous to Oklahoma, not New Mexico. Now the state Supreme Court has...

Published April 21, 2014