Atlantic City Must Close Casinos to Survive, Analysts Say

Casino industry insiders and market analysts speaking at a regional gaming conference in Atlantic City all sounded a similar note—Atlantic City needs to close its unprofitable casinos and downsize...

Published May 26, 2014

Casino Cruise To Sail From Savannah

Florida-based Tradewinds Cruise Lines recently announced its Escapade casino ship will begin cruising from Savannah in early June. The three-deck, 425-passenger casino boat will off five-hour cruises daily except...

Published May 26, 2014

California Casino Could Lose License Over Shuffling Of Funds

The Casino M8trix card room in San Jose, California, could lose its license over allegations that its owners are hiding profits from state regulators and from taxation.

Published May 26, 2014

Iowa Casino Officials Hold Women’s Summit

Iowa's five female casino general managers and other women in the state's gaming industry recently held their first summit, hosted by the Iowa Gaming Association. Nancy Ballenger, vice president...

Published May 26, 2014

Free Concert, Fireworks To Launch Re-Branded Casino

To launch Harrah’s Gulf Coast Casino, formerly Grand Biloxi Casino Hotel & Spa, the property will present a free concert by Darius Rucker on June 21, followed by fireworks...

Published May 26, 2014

Land Near Atlantic City’s Revel Casino Up For Auction

Forty-eight properties around the Revel casino were auctioned off last week in Atlantic City. The sale is seen as an indicator of Atlantic City land values and interest in...

Published May 26, 2014

Penn REIT to Buy Meadows

Gaming & Leisure Properties, the REIT spinoff created last year by Penn National Gaming, will acquire the Meadows racetrack casino south of Pittsburgh for $465 million.

Published May 19, 2014

Full House Won’t Buy Tunica Casino

Full House Resorts will not purchase Fitzgerald's Casino in Tunica, Mississippi from Majestic Star Casino, as announced in March. The $62 million deal is a no-go because Full House...

Published May 19, 2014

NY Casino Fees All Over the Map—Literally

Gaming regulators in the Empire State have set a range of minimum investment requirements for developers who want to build casinos in New York. The minimums range from $70...

Published May 19, 2014

Caesars Continues Fast Shuffle

The Las Vegas-based gaming company is doing well in its hometown, but its assets in Atlantic City and Philadelphia are underperforming. The company has already announced it will sell...

Published May 19, 2014

Board Hears Testimony on Lawrence Downs

Pennsylvania regulators heard testimony from local residents in support of a planned Lawrence County racino, and warnings of saturation from the GM of Presque Isle Downs.

Published May 19, 2014

Board Approves MGM Maryland Plan

The Prince George’s County Planning Board unanimously approved the detailed site plan for MGM National Harbor, which will break ground in July.

Published May 19, 2014

Failed Casino Suitor Sues Massachusetts Over License Decision

The Massachusetts Gaming Commission moved a step closure to issuing its second casino license last week, just in time to be sued by George Carney (l.), owner of Raynham...

Published May 19, 2014

New Jersey Official Comes Out Against Expanding Gaming in State

New Jersey Assemblymen Troy Singleton (l.), vice chairman of the New Jersey General Assembly committee charged with overseeing gaming issues in the state, has come out against expanding gaming...

Published May 19, 2014

IRGC Upholds Argosy Closure Decision

The Argosy Sioux City Riverboat remains headed toward a July 1 closing, since the Iowa Racing and Gaming Commission recently announced it would not reconsider its decision to shutter...

Published May 19, 2014

Summer Committee May Study Indiana Gambling

Indiana legislators may form a summer study committee to find a way to help the state's riverboat casinos remain competitive with recently opened gambling operations in neighboring states. Casino...

Published May 19, 2014

Las Vegas Hockey Team Homeless for Now

The Las Vegas Wranglers, part of the Double AA East Coast Hockey League, have cancelled plans to build an ice-rink arena at the Plaza in Downtown Vegas. The project...

Published May 19, 2014

Pennsylvania Report Favors iGaming, Philly Casino

A report commissioned by the Pennsylvania legislature says internet gaming may increase the state’s pool of revenues, and that the new Philadelphia casino will not saturate the market.

Published May 19, 2014

Extreme Weather Caused Lower Revenue

Extreme winter weather is to blame for first quarter revenue declines, said Affinity Gaming Chief Executive Officer David Ross. Revenue fell 4.4 percent to $96.6 million in the period...

Published May 19, 2014

Revenue Drops At Tropicana’s Lumière Place

St. Louis casino market revenue dropped about 5 percent in April compared to 2013. Part of that decline included Lumière Place, where revenue fell 15 percent, or $11.1 million,...

Published May 19, 2014