Month: December 2014

Latest Casino News

Wynn’s $1.6Billion casino project in Massachusetts faces new hurdles

BOSTON (AP) – New hurdles are emerging for Wynn Resorts as it prepares to build a $1.6 billion resort casino on the Everett waterfront after winning the lucrative casino license for the Boston area. Somerville filed a lawsuit last week…

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Atlantic City: College finalizes purchase of ex-Showboat casino

ATLANTIC CITY, N.J. (AP) – A southern New Jersey college finalized its purchase of the former Showboat Casino Hotel in Atlantic City on Friday. Richard Stockton College of New Jersey paid $18 million for the former casino, which closed Aug….

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Caesars Lenders Disclose Bankruptcy Plan as They Exit Talks

(Bloomberg) — Caesars Entertainment Corp.’s highest-ranked lenders spurned the casino company’s efforts to restructure its most indebted unit, imperiling tentative agreements reached over three months of talks with a broader group of creditors. KKR & Co. and Franklin Resources Inc….

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Las Vegas: Openings set in trial over flawed casino in Vegas

Harmon hotel being taken apart bit by bit. Developers did not want to demolish hotel via implosion. LAS VEGAS (AP) – Lawyers for casino giant MGM Resorts International and contractor Tutor Perini Corp. are set to tell a jury the…

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Golden Nugget to sue over casino tax aid plan

ATLANTIC CITY, N.J. (AP) – An Atlantic City casino that says its taxes would rise dramatically under a proposed tax assistance bill designed to help save the struggling seaside resort town says it will sue to block the plan “and…

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Slots Plot: 4 Russian Men Indicted for Cheating Casinos in St. Louis, East St. Louis

Four Russian men are facing federal charges for plotting to cheat at the slot machines at casinos in St. Louis and across the river. The four men — Murat Bliev, Yevgeniy Nazarov, Igor Lavrenov and Ivan Gudalov — were indicted…

Sports

Jon Lester Boosts Cubs’ World Series Title Odds Ahead of Red Sox

Erik Matuszewski, Bloomberg Jon Lester’s decision to join Chicago rather than return to Boston has pushed the Cubs’ odds of winning the World Series past those of the Red Sox. Lester, the top free agent pitcher available this offseason, agreed…

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Foxwoods CEO Defers To Tribal Council Regarding Last Call For Alcohol

By MATTHEW STURDEVANT The head of Foxwoods Resort Casino said this week that extending drinking hours at the casinos makes sense given the "24-hour" nature of casinos, but that the ultimate decision on whether to push for those extended hours…

Coffee Chat Lounge

Nuke Remark Stirred Hack on Sands Casinos That Foreshadowed Sony

Benjamin Elgin and Michael Riley , Bloomberg Most gamblers were still asleep, and the gondoliers had yet to pole their way down the ersatz canal in front of the Venetian casino on the Las Vegas Strip. But early on the…

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Three take plea deals in federal World Cup betting ring case

Jeff German, Las Vegas Review-Journal Three defendants pleaded guilty to misdemeanors Tuesday in an alleged multimillion-dollar World Cup betting scheme uncovered by the FBI. And more pleas are coming Wednesday. Yan Zhang, 41, Yung Keung Fan, 46, and Herman Chun…