Developers Bet On the Catskills
EPR Properties and Empire Resorts want to build a $600 million hotel, casino and water park in the region that would look like this rendering. JCJ Architecture By JOSEPH DE AVILA, The Wall Street Journal The dream of gambling in…
NY commission starts seeking casino applications
ALBANY, N.Y. (AP) – Bidding is getting underway for four privately owned casinos in upstate New York. The state Gaming Commission’s Facility Location Board is putting out requests for applications Monday for casinos in the Albany area, the Catskills and…
Nevada gaming revenues down 13.7 percent in February
Nevada casinos went into February facing a comparison to the state’s largest gaming revenue month in almost five years and a baccarat revenue month that was an all-time record. So the state’s 13.7 gaming revenue decline wasn’t too much of…
Revel : Potential buyers would still run casino
ATLANTIC CITY, N.J. (AP) – All the potential buyers of the Revel Casino Hotel are interested in keeping it open after a sale, the Atlantic City casino resort’s president said Thursday. The main casino workers’ union has expressed concern that…
Atlantic City Mayor Seeks Boost Outside Casinos: Five Questions
March 28 (Bloomberg) — Atlantic City, New Jersey, has wagered on casinos for its fortunes for decades. Don Guardian, the first Republican mayor elected in almost 30 years, wants to place a side bet. Guardian had never held political office…
Caesars Entertainment May Raise $148 Million in Share Offering
March 28 (Bloomberg) — Caesars Entertainment Corp. said it’s offering 7 million shares of its common stock, a sale worth about $147.6 million at current prices. The Las Vegas-based company, which has been restructuring its debt, granted its banker the…
Sands board member becomes online gaming company stakeholder
Howard Stutz, Las Vegas Review-Journal · New York-based investor Jason Ader, a Las Vegas Sands Corp. board member, has become the second-largest shareholder in European online gaming giant Bwin.party, acquiring a 6 percent stake in the London Stock Exchange-listed business…
Reno-Lake Tahoe getting better tourism results
RENO, Nev. (AP) – Visitors to the Reno-Lake Tahoe area stayed longer, spent more money and brought their children along more often last year than they did two years earlier, according to a new tourism survey that suggests targeting families…
Foxwoods’ $750 MillionFall River project could get June vote
By Brian Hallenbeck Original story in The Day Connecticut Proposed Massachusetts. casino requires referendum A Foxwoods partnership’s plan to put a $750 million resort casino in southeastern Massachusetts could come before voters in Fall River in early June, a city…
Caesars to shutter Harrah’s casino in Mississippi, lay off up to 1,300 workers
By Jeff Amy, Associated Press Published Wednesday, March 26, 2014 | 5:25 p.m. Updated Wednesday, March 26, 2014 | 9:30 p.m. JACKSON, Miss. — The long decline of what was once the nation’s third-largest casino market was underlined Wednesday when…