SLS Gets Financial Relief

After continual under-performance, SLS Las Vegas has found relief in the form of a refinancing deal.

Published May 18, 2015

Stations First Quarter Anything but Stationary

Station Casinos continue to do well in the local Las Vegas market, as the quarter showed an increase in gaming, food and beverage and hotel revenue across the board.

Published May 18, 2015

Atlantic City Plans Beach Concerts

After two successful free beach concerts last summer, Atlantic City will fund two more concerts for August as part of a $1.3 million summer entertainment line-up. While last summer’s...

Published May 18, 2015

Penn REIT Talks to Pinnacle

Pinnacle Entertainment has confirmed it is in talks with Gaming and Leisure Properties, Inc. for a possible sale of its real estate assets, including the L’Auberge casino in Baton...

Published May 11, 2015

Indiana Gaming Bill Becomes Law Without Governor’s Signature

Indiana Governor Mike Pence (l.) allowed HB 1540, a bill that would permit the state's riverboat casinos to move ashore, to become law without his signature. Some casino operators...

Published May 11, 2015

KG Urban Obtains Financing for New Bedford Casino

KG Urban has teamed up with gaming veteran Scott Butera (l.), former CEO of Foxwoods, and obtained funding from Gaming and Leisure Properties for its proposed casino resort in...

Published May 11, 2015

Rita Holds Chicago Casino Hearings

Illinois state Rep. Bob Rita (l.) again has proposed two measures that could bring a casino to Chicago. The legislation is similar to the bills he proposed last year,...

Published May 11, 2015

Revel Power Struggle Still in Doubt

No settlement has been announced in the standoff between Glen Straub, the owner of the closed Revel Atlantic City casino and its energy supplier ACR Energy (power plant at...

Published May 11, 2015

Caesars Gets One-Month Extension on Plan

A U.S. bankruptcy judge has granted Caesars Entertainment Operating Company one additional month in which to present its restructuring plan, denying its request for six months.

Published May 11, 2015

Dover Downs to Cut Jobs

Dover Downs, facing continuing losses due to increased competition, will cut 24 positions and scale back table game operations. The decision is expected to put pressure on state officials...

Published May 11, 2015

AGA PAC Gears for 2016

The American Gaming Association is revving up its political action committee for the 2016 national election cycle, vowing to spend more than in 2012 on issues supporting the industry.

Published May 11, 2015

Pennsylvania Racino to Add Jobs; Hotel Opens

The Meadows racino near Pittsburgh will add up to 300 new jobs, including around 100 full-time positions, to support a plan for more special events.

Published May 11, 2015

Stockton to Investigate Showboat Atlantic City Sale

Stockton University has voted to fund an investigation into the school’s recent purchase of the closed Showboat casino in Atlantic City. The controversial sale has left the university with...

Published May 11, 2015

Twin River Sells Plan to Move Newport Grand to Tiverton

Now that Twin River Worldwide Holdings has purchased the Newport Grand casino, it wants to move the facility to the border town of Tiverton to attract Massachusetts residents. Last...

Published May 11, 2015

Louisiana Senators Stall Harrah’s Staff Reduction Plan

A Louisiana Senate bill amendment would allow Harrah's New Orleans to drop 400 employees. But lawmakers delayed action after learning Mayor Mitch Landrieu and others were unaware of the...

Published May 11, 2015

Texas Legislature Disappoints Racetracks

Texas horse racetracks attracted larger crowds despite cutting race days. But while state legislators battle over punishing the Texas Racing Commission for approving historic racing without their permission, operators...

Published May 11, 2015

Icahn, Trop Refuse Workers’ Protest Letter

Workers with Atlantic City’s main casino union tried to hand-deliver a letter to Carl Icahn (l.) protesting the loss of their health benefits at the Trump Taj Mahal—which Icahn...

Published May 11, 2015

Toledo has Done Well From Casino Revenues

Although Ohio cities like Toledo are not making as much money from the casino resorts (Toledo’s Hollywood Casino at left) that the voters authorized in 2009 as promised, they...

Published May 11, 2015

Bangor, Maine Mulls Abating Casino Tax

The city of Bangor, Maine, isn’t necessarily buying the claim by the Hollywood Casino that its property values have declined and its property taxes should be decreased by $37...

Published May 11, 2015

Atlantic City Gets Bond Upgrade

Standard & Poor’s has given an A- rating to a series of bonds Atlantic City is planning to sell, citing increased help from the state for the struggling municipality...

Published May 11, 2015