Investor gets $210 Million Line of Credit After California Card Room Purchase

The $103 million purchase deal of the Bicycle Hotel and Casino (l.) by Parkwest Casinos includes a $210 million line of credit. The credit was extended by Comerica Bank...

Published May 23, 2022

New Jersey Seeks Early Appellate Hearing on PILOT Lawsuit

Atlantic County, New Jersey, has accused the state of putting the cart before the horse. The state has asked for an appellate hearing when the case challenging the change...

Published May 23, 2022

In Las Vegas, MGM Closes Deal to Buy Cosmo Ops

MGM Resorts has acquired the operations of the Cosmopolitan in Las Vegas from Blackstone Group in a $1.625 billion deal. MGM hopes the property will attract millennials. Blackstone will...

Published May 23, 2022

NJ Poll Reveals Strong Support for Smoking Ban

New Jersey’s Richard Stockton University conducted a poll on the smoking ban and by a two to one margin, they supported it. But there are still opponents in high...

Published May 16, 2022

New York Casino Unveils New Program For Problem Gambling

A new program New York Responsible Play Partnership helped bring responsible gaming message to del Lago Resort and Casino (l.). The key program is a digital connection to get...

Published May 16, 2022

Racing Group Pushing Bills to Rebuild Belmont Park

The New York Racing Association hope the legislature will step up and approve funds to finish planning and demolition of the old track and to rebuild a latest version.

Published May 16, 2022

Problem Gaming Bill Moves Forward in Colorado Senate

Colorado’s Senate has passed a bill that would apportion $3 million to treat problem gaming. It differs from a House bill that would guarantee funding every year, rather than...

Published May 16, 2022

NV: New Harness Racing Track and Compound Proposed for Pahrump

An expansive horse racing compound has been proposed in Pahrump by the Nevada Standardbred Association Inc., complete with a track, stables, an attached casino-resort and more.

Published May 16, 2022

Oklahoma Casino Backed by KISS Members Opens

Rock stars Gene Simmons and Paul Stanley of KISS fame have opened their Rock & Brews Casino in Braman, Oklahoma. The resort property opened last week.

Published May 16, 2022

Pope County Voters Blesses Arkansas Casino

A new poll indicates a majority of voters in Pope County, Arkansas approve the proposed $225 million Legends Resort & Casino in Russellville. Pope County voters rejected casino gambling...

Published May 16, 2022

Indiana Racino Expansion Breaks Ground

Work has begun on the $39 million, 30,000-square-foot expansion at Hoosier Park Racing & Casino in Anderson, Indiana. The project will include 150 new slots and 16 table games.

Published May 16, 2022

CQ Holding Finalizes Belle of Baton Rouge Purchase

CQ Holding now is the owner of the two downtown riverboat casinos in Baton Rouge, Louisiana: the Belle of Baton Rouge and Hollywood Casino. Renovations are planned at both...

Published May 16, 2022

Virginia Casino Holds Topping-Off Ceremony

A yellow steel beam signed by construction, casino and local officials was put into place in a ceremony at Rivers Casino Portsmouth in Virginia. The $300 million venue is...

Published May 16, 2022

Illinois Hard Rock Adds Hotel to Casino Plans

In Illinois, Hard Rock Rockford officials said the success of the temporary casino means they are considering adding a hotel to the original plans for the permanent venue. The...

Published May 16, 2022

Lumiere Place Becomes Horseshoe St. Louis

The former Lumiere Place Casino and Hotel in St. Louis now is officially Horseshoe St. Louis, following a May 3 ribbon-cutting. The property’s exterior and casino floor will be...

Published May 16, 2022

Cosmopolitan Gives $5,000 Bonus to Every Employee

As the Cosmopolitan of Las Vegas inches closer to closing the sale the MGM Resorts, outgoing President Bill McBeath announced that every employee would receive a $5,000 bonus in...

Published May 16, 2022

Bally’s Rejects Buyout Offer

Bally’s Corp. has turned down a buyout offer by its largest shareholder, Standard General, led by Bally’s Chairman Soo Kim (l.). The company offered $38 per share for all...

Published May 16, 2022

AGA: U.S. Casinos’ 2022 Start is Best Ever

The American Gaming Association reported that U.S. commercial casinos recorded a record-breaking $5.3 billion in revenue for March, and their best three-month start ever.

Published May 16, 2022

Wynn CEO Talks UAE, New York City and Macau

Wynn Resorts CEO Craig Billings (l.) used a first-quarter earnings call to discuss the company’s planned $2 billion resort in United Arab Emirates, as well as prospects in New...

Published May 16, 2022

Chicago Residents Vent Casino Concerns

At a community meeting last week, Chicago residents expressed a range of concerns over Mayor Lori Lightfoot’s choice of Bally’s $1.74 billion casino resort in River West. The full...

Published May 16, 2022