Donald Trump says upstate New York casinos will 'go down the tubes'
Donald Trump, whose Atlantic City joints were a bust, says upstate New York casinos will ‘go down the tubes’ The Donald predicted the state will take a loss in the not-too-distant future because the market in the Northeast is saturated….
Atlantic City: Losing bidder seeks to block bankrupt casino sale
ATLANTIC CITY, N.J. (AP) – A Florida developer who lost a bankruptcy court auction for the former Revel Casino Hotel in Atlantic City is now challenging the decision. The Press of Atlantic City (http://bit.ly/1wXfeEs) reports that a lawyer for Glenn…
Philadelphia: Most casinos thriving even as AC gambling palaces close
Recent casino failures in Atlantic City may influence Massachusetts residents when they vote this fall on whether to repeal a law allowing casinos in their state. But if they look beyond New Jersey, they will find casinos thriving in almost…
India may be poised to benefit from a broadly legalized gambling market
On a Thursday evening, as the peak-hour traffic begins to build in east Bangalore, a group of 20-something friends enter a three-storey commercial complex on the periphery of Indiranagar, a posh residential suburb. The ground floor of this building houses…
Caesars Amends Debt Contract Paving Way for January Bankruptcy
Bloomberg) — Caesars Entertainment Corp.’s operating unit amended a debt document so senior bondholders would get a lien on the casino operator’s cash as it negotiates a restructuring of $18.3 billion of debt, according to a filing yesterday with the…
MGM Resorts sells Gold Strike to JETT Gaming
MGM Resorts International said Thursday it agreed to sell the Gold Strike in Jean to JETT Gaming, a company owned by members of the Herbst family. A sales price was not disclosed. The transaction, which needs approval by Nevada gaming…
Same-sex marriage welcomed by Strip resorts, tourism officials
At the Aria’s wedding chapel, spouses-to-be can choose from two lounges in which to prepare themselves for the big ceremony: one for grooms and another for brides. Their layouts evoke traditional gender expectations, with the guys getting a pool table…
Belgium Announces Plans to Open Two New Casinos
Belgium’s newly-formed government could potentially bring good news to online poker pokers within the country. The government has announced plans to allow the creation of two new land-based casinos, with a decision that will lead to an increase in the…
British Colombia: A rush of suspicious money totalling almost $27 million flowed through two B.C. casinos
Promise to clean up ‘dirty money’ at B.C. casinos results in little change, says NDP critic Video http://www.cbc.ca/news/canada/british-columbia/river-rock-starlight-casinos-saw-27m-in-suspicious-transactions-this-spring-1.2802281 A CBC News investigation has discovered a rush of suspicious money totalling almost $27 million flowed through two B.C. casinos this spring….
Macau: Baccarat no longer quite the money-spinner it was
Gross revenue from VIP-market baccarat in Macau’s casinos decreased to MOP46.7 billion (US$5.84 billion) in the third quarter of this year from MOP54.65 billion in the second quarter, official data show. The Gaming Inspection and Coordination Bureau says gross revenue…