Tahoe Casino Renovation Planned

The Grand Lodge Casino at Hyatt Regency Lake Tahoe Resort & Spa will undergo a $5 million renovation over the next year that will improve its gaming, food, and...

Published January 4, 2016

‘Polercoaster’ Ride Gets Approval In Atlantic City

The New Jersey Casino Reinvestment Development Authority has approved a plan to build an innovative “Polercoaster” on land formerly occupied by the demolished Sands casino. The project still depends...

Published January 4, 2016

Good November for Nevada

Slots play, record sports betting activity, and the calendar, helped Nevada casinos to post a 7.8 percent increase in gaming revenues this November and move slightly ahead of the...

Published January 4, 2016

Illinois Releases Gaming Taxes

Cook County, Illinois will receive $3 million in casino tax revenue owed by Rivers Casino in Des Plaines, which fought a three-year court battle alleging the county's slot-machine tax...

Published January 4, 2016

Tracinda Headquarters Moving to Las Vegas

The Tracinda Corporation is moving its headquarters from Los Angeles to Las Vegas to be closer to its largest asset, MGM Resorts International. Two Tracinda executives also are directors...

Published January 4, 2016

Nightclub Planned for Las Vegas Arena

Hyde Lounge at Las Vegas Arena will open in April, facility manager sbe announced. The lounge is located in the upper area of the arena owned by MGM Resorts...

Published January 4, 2016

Convention Center Boom in Las Vegas

More than $3 billion in convention center projects either recently completed or underway in Las Vegas illustrate the high importance local properties place on maintaining Las Vegas as the...

Published January 4, 2016

Closed Atlantic City Race Course Files Tax Appeal

The closed Atlantic City racecourse in Hamilton Township New Jersey is seeking to lower its tax assessment for the second time since 2012. The owners won a previous appeal...

Published January 4, 2016

Caesars May Still Stop Suits

An appeals court in Chicago has overturned lower-court rulings that denied the request of Caesars Entertainment’s largest operating unit to halt shareholder lawsuits during bankruptcy proceedings.

Published January 4, 2016

GLPI Finally Buys The Meadows

Gaming and Leisure Properties, Inc., the REIT spun off by Penn National Gaming, has acquired the Meadows Racetrack and Casino outside of Pittsburgh for $440 million from Cannery Casino...

Published December 21, 2015

New York Set to License Three Casinos

The first three casinos that were chosen by the New York Gaming Commission are likely to get their licenses next week at a meeting of the commission. Empire Resorts’...

Published December 21, 2015

Georgia Committee Offers Gaming Report, Not Recommendations

In Georgia, instead of offering specific recommendations about expanded gambling, a joint House and Senate study committee will offer a report ahead of the January 11 session. Lawmakers will...

Published December 21, 2015

Raided California Card Rooms Want to Reopen

A raid involving hundreds of state and federal agents aimed at an operation spanning three nations but based in San Diego, California, shut down two card rooms that were...

Published December 21, 2015

Reid Withdraws Caesars Bankruptcy Amendment

Retiring Senator Harry Reid has dropped his bid to attach a repeal of the Trust Indenture Act to muss-pass legislation. The rider would have helped Caesars in its bankruptcy...

Published December 21, 2015

Only Operating Massachusetts Casino Falling Far Short

Plainridge Park Casino in Plainville was the first Massachusetts casino to open. The slots-only facility has failed to perform up to expectations, however, as the state has cut its...

Published December 21, 2015

McGregor To Reopen VictoryLand

VictoryLand Casino in Macon County, Alabama will reopen soon, announced owner Milton McGregor (l.). The casino closed after a 2013 raid in which 1,600 electronic bingo machines were seized....

Published December 21, 2015

Alon Las Vegas Facing Obstacles

Decreased Asian gaming revenues and increased debt are causing the principal investor in the Alon Las Vegas project to seek new investors and lower its stake in the project,...

Published December 21, 2015

Indiana Counties Reach Riverboat Revenue Agreement

A dispute over riverboat gambling revenue has ended between Switzerland and Jefferson counties, Indiana. Switzerland County will deliver to Jefferson County $50,000 in economic development funds it has been...

Published December 21, 2015

Improved Cash Flow for Sands Bethlehem

The Sands Bethlehem Casino (hotel at l.) in Pennsylvania proved to be the only one to generate positive cash flow growth for Las Vegas Sands through the first three...

Published December 21, 2015

Golden Nugget Boosts Lake Charles Results

The $700 million Golden Nugget Casino (l.) opened in Lake Charles, Louisiana a year ago, siphoning players from L'Auberge Casino and Isle of Capri, but also drawing more to...

Published December 21, 2015