Puerto Rico May Use Connecticut as Restructuring Model

Puerto Rico is looking for wisdom in restructuring its $73 billion in debt from the Foxwoods Resort Casino and its successful restructuring of its $2.3 billion debt.

Published April 28, 2014

Resorts Atlantic City Touts $70 Million Renovation

Atlantic City’s Resorts Casino Hotel Casino Hotel is pointing to positive signs through the early months of 2014 now that its 18-month, $70 million renovation—which included the building of...

Published April 28, 2014

Golden Nugget Inks Deal with Vegas Unions

The Golden Nugget in Downtown Las Vegas has signed a new five-year employee contract with the Culinary and Bartenders unions. Nine more standalone casinos are still unsettled. Both unions...

Published April 28, 2014

Iowa Regulator Defends Cedar Rapids Decision

Jeff Lamberti (l.), chairman of the Iowa Racing and Gaming Commission, said the recent 4-1 vote denying a gaming license to the proposed $164 million Cedar Rapids "clearly was...

Published April 28, 2014

Atlantic City Targets Asian Gamblers

Atlantic City casinos have long marketed towards Asian gamblers, but there is a new emphasis on the marketing efforts as the city’s casino revenue continues to fall. Casino officials...

Published April 28, 2014

Revel Workers Rally for Union

Workers at Atlantic City’s Revel Casino staged another rally to support unionization of the casino hotel. Workers are afraid a possible sale of the struggling casino will lead to...

Published April 28, 2014

Ohio ‘Smurfing’ Law Delayed by Sweepstakes Amendment

Lawmakers in Ohio can’t agree on whether to include an amendment limiting the ownership of sweepstakes games in a bill that would ban a form of money laundering known...

Published April 28, 2014

Former Martinez Manager Wants Casino Emails

Jamie Estrada, formerly New Mexico Governor Susan Martinez's campaign manager, said he wants the emails he allegedly released regarding the state's controversial lease for the Downs Racetrack & Casino...

Published April 28, 2014

Former Florida Lt. Governor Received Sweepstakes Payments

Former Florida Lieutenant Governor Jennifer Carroll recently admitted she received $100,000 from the Allied Veterans of the World charity in 2009 and 2010, but due to an "oversight" did...

Published April 28, 2014

Crown’s Packer to Buy Cosmo?

According to multiple unconfirmed reports, James Packer and his Crown Resorts may be interested in buying the Cosmopolitan resort in Las Vegas. The Aussie billionaire tried before to break...

Published April 28, 2014

Boston Mayor Doubles Down on attacks on Gaming Commission

Boston has a right to unilaterally declare itself a host community vis a vis two casino proposals, in Revere and Everett, and Massachusetts Gaming Commission Chairman Stephen Crosby should...

Published April 28, 2014

MGM Maryland Project on Fast Track

Prince George’s County has streamlined the normally cumbersome process of securing construction permits to accommodate the MGM National Harbor project.

Published April 28, 2014

Orange Capital Wants Pinnacle to put casinos into REIT

A new investor in Pinnacle Entertainment, Orange Capital, has called for the gaming firm to divide its interests and create a real estate investment trust (REIT).

Published April 28, 2014

Illinois Lawmakers Consider New Casino Proposals

Illinois state Senator Bob Rita's proposed casino amendment recently was heard by the state House Executive Committee. It offers the option of a state-owned mega-casino with 10,000 positions in...

Published April 28, 2014

No Bang-up Exit for Harmon

It’s a Sin City tradition: imploding old resorts, and inviting everyone to the party. The Harmon Hotel tower is a different story. Condemned due to structural deficiencies, it will...

Published April 28, 2014

Harrah’s Philly Faces Tax Decision

Harrah’s Philadelphia may challenge its property tax assessment that led to a $5 million tax bill from the city of Chester, the Chester school district and Delaware County.

Published April 28, 2014

N.H. State of the State Address Will Include Casino

Governor Maggie Hassan (l.) of New Hampshire is expected to include the need for a casino in the Granite State when she gives a “state of the state” address...

Published April 28, 2014

MGM Brings Rock in Rio to Vegas

MGM Resorts International will spend $20 million on a new entertainment space to host the four-day Rock in Rio music festival every two years. When the festival is not...

Published April 28, 2014

Gaming Study Bill Gains Support in Maine Legislature

Lawmakers in Maine may adopt legislation that would fund a study to look at feasibility of expanding gaming in the state.

Published April 28, 2014

Mississippi Coastal Casinos Trump River Operations

Mississippi Gulf Coast casinos have bounced back big-time, outperforming Tunica Resorts and other Mississippi River casinos that have been on a downward trend since mid-2013. For the first quarter...

Published April 28, 2014