TJM Properties Buys Harrah’s Tunica

TJM Properties of Clearwater, Florida has purchased the 2,000-acre Harrah's Tunica complex from Caesars Entertainment. TJM owner Terence J. McCarthy said the company is considering offers to sell all...

Published February 8, 2016

Station Casinos IPO Stalled

Station Casinos has balked at going through with an initial public offering, despite Nevada gaming regulators recently approving the public offering, which was scheduled for June. Since emerging from...

Published February 8, 2016

Gaming Profits Up Nationwide

Profits are up in both commercial and Indian gaming this year in the United States, but some trends suggest that this may not continue in upcoming years.

Published February 8, 2016

Alabama Democratic Senators’ Agenda Includes Gambling

The eight-member Alabama Senate Democratic Caucus (out of 35 members) released its legislative agenda, which includes a constitutional amendment allowing a lottery and casinos. Proceeds would go into the...

Published February 8, 2016

Wynn, SLS Las Vegas Projects Approved

The Clark County Zoning Commission recently approved an 86,502-saure-foot shopping center development at the Wynn Las Vegas and a three-story convention center and pool at the SLS Las Vegas....

Published February 8, 2016

Millennials the New Buzz Word

The problem that modern casinos face is how to continue to attract a younger generation that is not as fascinated by the old style slot machines as their parents...

Published February 8, 2016

New York Casinos Cite Progress, Problems

Opponents and supporters alike gathered to demonstrate their support or opposition to a proposed 100,000-square-foot casino housing 1,000 video lottery terminals at Belmont Park in Elmont, New York. Meanwhile,...

Published February 8, 2016

Gulfport Casino Faces Long Road

Developers Robert Lubin and Kevin Preston want to build a $140 million casino with a four-star hotel, 50,000 square foot gaming floor, entertainment venue and non-gaming amenity in Gulfport...

Published February 8, 2016

Golden Entertainment Pays $20 Million for Montana Slot Route

A recent $20 million purchase of three Montana slot operators gives Las Vegas-based Golden Entertainment its first entry into the Montana gaming market. Golden Entertainment bought routes with 1,000...

Published February 8, 2016

Las Vegas Light Rail Proposals Weighed

The Southern Nevada Tourism Infrastructure Committee recently reviewed initial proposals for building a light rail system that would connect McCarran International Airport to the Las Vegas Strip and Fremont...

Published February 8, 2016

Belterra Completes 3-Year, $15 Million Renovation

Pinnacle Entertainment's Belterra Casino Resort in Florence, Indiana recently completed a $15 million, three-year renovation. The property now offers 55,000 square feet of upgraded meeting and convention space, plus...

Published February 8, 2016

Caesars’ Atlantic City Casinos Trying to Attract 335 Workers

In a perplexing situation, Caesars Entertainment is having trouble filling 150 fulltime positions and 185 part-time posts in the troubled Atlantic City job market. Experts speculate that workers may...

Published February 8, 2016

Maine Casino Campaign Accused of Unfair Tactics

Accusations of unfair tactics and petitions that contain many irregular signatures are dogging efforts by casino developer Shawn Scott to qualify an initiative for the November ballot that would...

Published February 8, 2016

Adelson Floats Unlikely NFL Franchise

Las Vegas Sands Chairman Sheldon Adelson used Super Bowl excitement to float the possibility of an NFL team relocating to Las Vegas. Adelson’s company would help to build a...

Published February 8, 2016

Hialeah Park Owner Opening ‘Entertainment Center’

A new fronton and poker room could open in Florida City by the end of the year. Hialeah Park owner John Brunetti bought land for the facility last year...

Published February 8, 2016

Christie Proposes Atlantic City Takeover Plan

New Jersey Governor Chris Christie (flanked by Senate President Steve Sweeney and AC Mayor Don Guardian) has proposed a compromise plan for a state takeover of Atlantic City, which...

Published February 1, 2016

$4 Billion Resorts World Vegas Site OK’d

Genting Berhad received critical local support for its site plans and now can proceed with full-scale construction after finding a construction manager for its proposed $4 billion Resorts World...

Published February 1, 2016

Station Casinos Rebranding as Red Rock Resorts

Station Casinos is changing its name to Red Rock Resorts in anticipation of a public stock offering, which awaits final approval from the Securities and Exchange Commission. The stock...

Published February 1, 2016

MGM Calls Parking Fees Necessary

MGM Resorts International intends to move forward with becoming the first casino operator on the Las Vegas Strip to charge parking fees staring in April, when the new T-Mobile...

Published February 1, 2016

Wynn Buys Shares, Sues PUC

Wynn Resorts founder Steven Wynn spent nearly $95 million to buy more than 1.5 million shares in Wynn Resorts, which owns casinos in Las Vegas and Macau and anticipates...

Published February 1, 2016