Almost half Atlantic City’s casino revenue lost in 8 years
ATLANTIC CITY, N.J. (AP) – Atlantic City has lost nearly half its casino revenue over the past eight years as competition in nearby states cannibalized its market and drove four casinos out of business. Figures released Wednesday by the New…
Dec. 2014, full-year revenue for Atlantic City casinos
FULL-YEAR 2014 REVENUE FOR ATLANTIC CITY CASINOS: -Bally’s: $224.8 million (down 8 percent from 2013) -Borgata: $687.2 million (up 10.7 percent) -Caesars: $330.6 million (down 1.7 percent) -Golden Nugget: $185.5 (up 48.4 percent) -Harrah’s: $365.3 million (up 2.5 percent) -Resorts:…
Leo and De Niro fight it out in James Packer’s casino ad
James Packer spends big on star-studded ads promoting his Crown Casinos James Packer has spent big on one of the most ambitious pieces of branded content from an Australian company with an ad to promote his casinos in Manila and…
PCA 2015: The mental game, with Daniel Negreanu
Nice long article http://www.pokerstarsblog.com/en/blog/tournaments/pca/2015/pca-2015-the-mental-game-with-daniel-neg-153396.shtml Replies: No replies were posted for this topic.
The Embezzler Driven by Gambling – Myth or Reality?
By Ken Adams The gaming industry is many things to many people. To the people who buy a lottery ticket, play a hand of poker, bet the ponies or go to a casino for an evening of fun, gaming is…
Nevada’s largest casinos lose $743.7 million in fiscal ‘14
The state’s largest casinos lost $743.7 million in the 2014 fiscal year, nearly cutting their losses in half from the previous year. The state Gaming Control Board’s 2014 Nevada Gaming Abstract, published Friday, said the 270 Nevada casinos that generated…
New roster of brand restaurants makes Strip debut
Caesars Palace President Gary Selesner had business in India recently, so he could have flown through any major city to make the connection. But he picked New York for a singular reason: It allowed him to visit his favorite pizzeria,…
Creditors attempting to block Caesars planned restructuring
Junior level creditors of Caesars Entertainment Corp. are attempting to block this week’s planned restructuring of the casino company’s primary business unit. The lenders, led by Appaloosa Investment LP, filed an involuntary Chapter 11 bankruptcy against Caesars Entertainment Operating Co….
Appaloosa Moves to Force Caesars Unit Into Bankruptcy Early
Junior creditors of Caesars Entertainment Corp. (CZR) moved to force the main operating unit of into bankruptcy in an attempt to block a plan to protect senior lenders at their expense, after contentious wrangling over the casino company’s future. The…
Fantasy sports debate: Gambling or not gambling?
LAS VEGAS — The head honchos at FanDuel want to make something very clear. The product they sell is not sports betting, they say. It’s something different. In exchange for an entry fee, FanDuel allows sports fans the chance to…