Revel owner trying to flip closed casino to new buyer, power company says
The power company engaged in a prolonged legal battle over energy costs at the former Revel casino claims in a recent court filing that the boardwalk resort’s owner is trying to sell the property. Lawyers for ACR Energy wrote in…
$93 Billion Will Be Illegally Wagered On NFL And College Football
If you need proof that a federal ban on sports betting is failing, look no further than new estimates released by the American Gaming Association (AGA), a national trade group that represents the United States casino industry. According to the…
Noted card-counter to address gaming industry executives at G2E
Howard Stutz, Las Vegas Review-Journal A principal behind the card-counting exploits of college students that was outlined in a book and movie will be the keynote speaker later this month at the gaming industry’s largest trade show and conference in…
In Laos' economic zone, a casino and illicit trade beckon in 'lawless playground'
By JONATHAN KAIMAN, LA Times The Kings Romans Casino is an island of extravagance in the Laotian jungle, its corrugated green domes arching high above the treetops. Inside, hundreds of stone-faced gamblers hunch over baccarat tables, betting thousands of dollars…
Icon of Old Vegas will live on
Riviera Closes on May 4th 2015 By J.D. Morris (contact) Monday, Aug. 31, 2015 | 2 a.m. The Riviera closed about four months ago, but in a way, the historic hotel still is running strong. Several elements of the property…
Investment adviser boosts rating for Station Casinos
By Howard Stutz, LVRJ Station Casinos received a vote of confidence last week from Wall Street. It’s not like the company needed the endorsement. Times are good for Station Casinos, which reported its 17th straight quarter of cash flow growth…
AHL player Paetsch to be sentenced for role in gambling ring
Associated Press ROCHESTER, N.Y. (AP) – A professional hockey player faces sentencing for being part of an illegal sports betting business that took wagers from other players. Nathan Paetsch (paytch) is expected to receive eight months of home confinement, as…
Caesars bankrupt division reports $29.1 million profit in July
Howard Stutz, Las Vegas Review-Journal Caesars Entertainment Corp. said Tuesday its bankrupt operating division turned a profit of $29.1 million in July, according to a securities filing. Caesars Entertainment Operating Co., which filed for Chapter 11 bankruptcy in January, said…
INSIDE GAMING: Investment adviser boosts rating for Station Casinos
By Howard Stutz, LVRJ Station Casinos received a vote of confidence last week from Wall Street. It’s not like the company needed the endorsement. Times are good for Station Casinos, which reported its 17th straight quarter of cash flow growth…
Judge tosses out Tom Brady’s suspension in ‘DeflateGate’
Associated Press NEW YORK (AP) — New England Patriots quarterback Tom Brady can suit up for his team’s season opener after a judge erased his four-game suspension for “Deflategate.” The surprise ruling by U.S. District Judge Richard Berman came Thursday…