Affinity Gaming Raising Money for SPAC

Affinity Gaming is planning to raise $150 million for a special-purpose acquisition company, to target a firm ideally valued at $500 million or more.

Published October 12, 2020

Two Iconic Atlantic City Restaurants Fold

Uber restauranteur Stephen Starr cashed in his chips on two iconic restaurants in Atlantic City located in the former Pier at Caesars (l.). The Continental and Buddakan will not...

Published October 12, 2020

Bond Sale Will Enable LA to Vegas High Speed Rail

Bond sales have begun for the XpressWest high speed rail link that would serve Los Angeles and Las Vegas. Brightline has launched the $3.2 billion effort to fund the...

Published October 12, 2020

Las Vegas Union Workers Hold Rally

The Save Our Jobs union coalition in Las Vegas held a rally in support of a Right to Return ordinance it's pressuring the Clark County Commission to pass. The...

Published October 12, 2020

Atlantic City Employment Falls in August

August employment in Atlantic City’s nine casinos declined nearly 22 percent year over year. But the numbers also decreased between July and August. Since in-restaurant dining returned September 4,...

Published October 12, 2020

Harveys Lake Tahoe Completes Room Renovation

A $41 million renovation has been completed at Harvey’s Lake Tahoe Hotel & Casino. It include upgrading 519 guest rooms and balcony suites (l.).

Published October 12, 2020

LVS to Stop Paying Dividends for Time Being

Las Vegas Sands Corp. will stop paying dividends to the end of its loan term in 2021. In return one of its lenders, the Bank of Nova Scotia, has...

Published October 12, 2020

Caesars Completes Sale of Harrah’s Reno to CAI Investments

The sale of Harrah’s Reno to Las Vegas-based CAI Investments by Caesars Entertainment is not completed. The sale price was $41.5 million.

Published October 12, 2020

Violence Plagues Las Vegas Strip

Casinos are reacting to increased violence on the Las Vegas Strip. Marilyn Spiegel (l.), president of Wynn Resorts, says she is expanding security protocols at the Wynn and Encore...

Published October 12, 2020

Delaware North Sells Jumer’s To Twin River

Delaware North will sell Jumer's Casino & Hotel (l.) in Rock Island, Illinois for $120 million to Twin River Worldwide Holdings Inc. Jumer's opened in 1992 and was acquired...

Published October 12, 2020

LA County Cardrooms to Open Outdoors

Los Angeles County cardrooms have been allowed to reopen in the great outdoors. The seven casinos will operate under large tents and without food and beverage.

Published October 12, 2020

Atlantic City Deed Restrictions Don’t Boost Competition

The Eldorado-Caesars merger offered a chance to lift deed restrictions against three properties, including the former Atlantic Club (l.), in Atlantic City. But it didn’t happen. Lifting restrictions offered...

Published October 12, 2020

Amendment 77 Would Grant Local Control to Colorado Casino Towns

On November 3, Colorado voters will have their say on Amendment 77, which would allow voters in the three cities where gambling is permitted—Black Hawk, Cripple Creek and Central...

Published October 12, 2020

Virginia Casino Campaigns Ramp Up

In Danville, Virginia, the anti-casino group Defend Danville said Caesars Entertainment, is guilty of "emotional blackmail" by pledging $17 million for a new police station if residents pass a...

Published October 12, 2020

Indiana Casino Partner Indicted In Campaign Contributions Scandal

A federal indictment charged Spectacle Entertainment Vice President John Keeler (l.) with participating in a scheme to direct illegal corporate contributions through straw donors to the unsuccessful 2016 congressional...

Published October 12, 2020

Atlanta Speedway Hopes Race Boosts Casino Prospects

The Atlanta Motor Speedway (l.) in Hampton, Georgia will get a second NASCAR Cup Series race, which officials hope will improve the chances for a $1 billion casino resort...

Published October 12, 2020

Virgin Will Open Casino Hotel in January

Delayed by the coronavirus pandemic, Virgin Hotels Las Vegas (l.) will get to receive patrons on January 15, 2021. The former Hard Rock underwent a $200 million renovation and...

Published October 12, 2020

Nebraska Casino Referendum Drawing Opposition

Conservative politicians in Nebraska, including Governor Pete Ricketts (l.), are lining up against ballot measures to legalize casino gambling in the state. They claim casinos will lead to an...

Published October 12, 2020

AC Casino Exec Files Wrongful Termination Suit

Loretta Pickus (l.) has filed suit against Ocean Casino Resort in Atlantic City for firing her from her job as senior vice president and general counsel. Pickus claims her...

Published september 28, 2020

Hard Rock Scores In USA Today Awards

Hard Rock International received numerous accolades in USA Today’s 2020 Casinos Readers' Choice Awards. Hard Rock Atlantic City (l.) ranked second and Seminole Hard Rock in Tampa placed in...

Published september 28, 2020