Revel Buyer Steps Forward as Atlantic City Tries to Regroup

A Florida-based developer has made a $90 million bid for the closed Revel casino and is also looking at the neighboring Showboat casino property. Meanwhile, the fate of the...

Published September 15, 2014

Caesars Hit With Another Bondholder Suit

A second group of junior bondholders has sued Caesars Entertainment Corporation, alleging the company is circumventing its obligations in its restructuring efforts.

Published September 15, 2014

Anti-Fraud Effort Could Target Casinos

Operation Choke Point, a joint effort of the U.S. Department of Justice and the FDIC, is coming after casinos, said Brian J. Wise, senior adviser to the U.S. Consumer...

Published September 15, 2014

50 Percent Off North Strip Plot

What a comedown! In 2007, a development firm paid $33 million an acre for land on the northern end of the Vegas Strip. Now Triple Five is putting the...

Published September 15, 2014

Report Says Maine can Absorb More Casinos

A report the Maine legislature paid for recommends that the state could allow two more casinos without saturating the gaming market. Some legislators characterize WhiteSand Gaming, which conducted the...

Published September 15, 2014

Both Sides Spending Millions In Colorado

Amendment 68 would allow gambling at three racetracks east of the Rockies in Colorado. Opponents include owners of casinos in Cripple Creek, Black Hawk and Central City who so...

Published September 15, 2014

MGM Sells Railroad Pass

MGM Resorts International is selling a casino in Henderson, Nevada that is older than the nearby Hoover Dam. Railroad Pass opened as a dance hall with a single roulette...

Published September 15, 2014

Maryland Live! Wins Injunction Against Host

Maryland Live! has secured a preliminary injunction against former host Helena Wong, barring her from using customer lists allegedly stolen from Maryland Live!

Published September 15, 2014

Illinois Benefiting From Video Gambling

Since the first 61 video gambling machines were installed in Illinois in September 2012, the industry has grown to more than 13,300 machines statewide, generating more than $90 million...

Published September 15, 2014

Mega Shopping District to Open on Strip

By the end of the year, a new 110-shop retail and dining district will open in front of Bally’s on the Las Vegas Strip. Developer Larry Siegel wants to...

Published September 15, 2014

Searchlight Nugget to Lose License

Repeated violations of state gaming law mean the owner of the Searchlight Nugget Casino in Searchlight, Nevada must surrender her license. Verlie May Doing has agreed to turn over...

Published September 15, 2014

Another West Virginia County Considers Banning Smoking

In West Virginia, Brooke County may follow its northern neighbor Hancock County, home of Mountaineer Park Casino (l.), by banning smoking in all public places—including video lottery casinos, which...

Published September 15, 2014

Deadwood Competition Heats Up

Tin Lizzie Gaming Resort is the new name of the property comprised of the Tin Lizzie Casino and Grill in Deadwood, South Dakota, whose owners recently purchased the Hampton...

Published September 15, 2014

Club Rio Opens At Casino Miami

Casino Miami recently opened Club Rio, where guests can enjoy electronic blackjack and roulette and live poker, as well as popular DJs and bottle service. Opened in 2012, Casino...

Published September 15, 2014

Big Deal: Tesla Coming to Nevada

Electric-car manufacturer Tesla will build a $5 billion lithium ion factory in Northern Nevada. One publication called it “the biggest economic news for Nevada since the 2008 recession” (but...

Published September 15, 2014

Alabama VictoryLand Trial Concludes

The fate of 1,615 electronic gaming machines is in the hands of Circuit Court Judge William Shashy in Montgomery, Alabama. He will decide if the gaming machines that were...

Published September 15, 2014

Employment Rebounds in Nevada

The U.S. Bureau of Labor Statistics has an encouraging word for the Silver State: the number of people employed in the leisure and hospitality sector could match pre-recession levels...

Published September 15, 2014

Horseshoe Baltimore Opens

Maryland’s fifth casino opened to great fanfare as Horseshoe Baltimore welcomed celebrities and dignitaries to its grand opening. Baltimore Mayor Stephanie Rawlings-Blake speaks while Horseshoe GM Chad Barnhill, Caesars...

Published September 8, 2014

Political Energies Focus on Massachusetts Casino Vote

With the showdown between supporters and detractors of Massachusetts’s gaming laws set for November, polls show that the pro-casino forces currently have the edge. But with liberal U.S. Senator...

Published September 8, 2014

A Tale of Two Cities

Two upstate New York cities are vying for the support of a third when it comes to their casino proposals. Both Rensselaer and East Greenbush have promised to give...

Published September 8, 2014