Insiders tell authors how casinos wane
An upcoming book by a pair of Richard Stockton College professors gives readers the deepest look yet at what it’s like to work in the casino industry, the authors say. “Just One More Hand: Life in the Casino Economy,” set…
Flawed casino tower at center of Vegas trial
LAS VEGAS — The Harmon Hotel tower was designed to soar 48 stories over MGM Resorts International’s massive CityCenter complex, offering hotel guests and condominium owners unparalleled views at the heart of the Las Vegas Strip. Instead, work stopped halfway…
NFL Is Running Out Of Time To Define Sports Gambling On Its Own Terms
Last week, NFL lawyers went to court to obtain a temporary injunction, preventing the State of New Jersey from offering sports gambling at Monmouth Park Racetrack. The court granted the injunction. However, that may be the easiest part in the…
CIUDAD JUAREZ, Mexico: casino in Mexico to attract U.S. gamblers
CIUDAD JUAREZ, Mexico — A new casino set to open in Ciudad Juarez plans to attract gamblers from the U.S. side of the border by offering poker and other table games. "We expect a lot of tourists, "said Yajaira Yesenia…
Creditor walks away from restructuring talks with Caesars
Howard Stutz, Las Vegas Review-Journal One of Caesars Entertainment Corp.’s main creditors has walked away from talks on restructuring a large portion of the casino company’s $24.2 billion debt. In a filing with the Securities and Exchange Commission on Wednesday,…
Elaborate FBI repairman ruse shown in videos
Alicia A. Caldwell, Associated Press WASHINGTON (AP) – Wearing a lapel camera and posing as an Internet repairman, an undercover government agent walked into a luxury villa at Caesars Palace in Las Vegas and recorded everything he saw as part…
MGM Resorts Reports Third-Quarter Loss as Casino Revenue Falls
Christopher Palmeri, Bloomberg (Bloomberg) — MGM Resorts International reported a third-quarter loss as casino revenue declined in the U.S. MGM, the largest owner of casinos on the Las Vegas Strip, said its net loss shrank to $20.2 million, or 4…
MGM Resorts now says MGM Cotai ready ‘fall 2016’
MGM Resorts International has again modified its language on the opening date for its majority-owned casino resort [pictured in a rendering] on Cotai in Macau. “The construction of MGM Cotai is progressing well and is on time, and on budget,…
Rutgers center to study Internet gambling in NJ
ATLANTIC CITY, N.J. (AP) – A Rutgers University Center will study the impact of Internet gambling in New Jersey. The Center for Gambling Studies at the Rutgers University School of Social Work has been awarded nearly $1.3 million to study…
The Tipping Point: Rising slot hold percentages are driving players away, and revenue down
By Andrew Klebanow Gaming revenues, and in particular slot revenues, continue to decline in most U.S. gaming jurisdictions. This pattern of decline began at the onset of the recession and has continued even as the economy improved. Casino operators often…