Trump Plaza closes
A year of decay and decline continues to eat away at Atlantic City’s famed boardwalk, as another of the city’s casinos shut down Tuesday. Trump Plaza Hotel and Casino has closed up shop. In a rather remarkable illustration of Atlantic…
Wynn Resorts wins Boston gambling license with $1.6B plan for waterfront casino in Everett
Philip Marcelo, Associated Press · September 16, 2014 at 6:46 pm BOSTON (AP) – Wynn Resorts has won the competition for the lucrative Boston-area casino license, besting rival Mohegan Sun largely on the strength of its $1.6 billion project’s economic…
Philippines Lifestyle check should cover ‘cops as-gambling lords
MANILA, Philippines – The government’s plan to conduct a lifestyle check on officials of the Philippine National Police (PNP) should include policemen who are “doubling as gambling lords,” a well-placed source told The STAR yesterday. The source said the PNP…
Judge OKs auction for closed $2.4B Revel casino
CAMDEN, N.J. (AP) – A bankruptcy court judge on Monday approved a Sept. 24 auction for the failed $2.4 billion Revel Casino Hotel in Atlantic City after a Florida developer offered $90 million cash for the closed building. Developer Glenn…
Social casino revenue headed above $2.7 billion
Howard Stutz, Las Vegas Business Press Eilers Research gaming analyst Adam Krejcik estimates the expanding social casino phenomenon in the U.S. will eclipse $2.7 billion in revenue this year. That’s a pocketful of virtual gaming tokens. The growing activity is…
Roman Catholic bishops support casino law repeal
BOSTON (AP) – Roman Catholic leaders in Massachusetts are urging residents to vote in favor of November’s ballot question to repeal the state’s casino law. Boston Cardinal Sean O’Malley, Worcester Bishop Robert McManus, Springfield Bishop Mitchell Rozanski and Rev. George…
Notice of possible closure goes to 3K Atlantic City Trump Taj Mahal workers
ATLANTIC CITY, N.J. (AP) — The owner of the Trump Taj Mahal casino has sent notices to more than 3,100 employees warning it could be shut down in November. Trump Entertainment Resorts told The Associated Press it filed the notices…
Revel Trustee Objects To Parts Of Proposed Revel Casino Hotel Deal
ATLANTIC CITY, N.J. (CBSNewYork/AP) – A U.S. Bankruptcy Court trustee is objecting to the proposed auction date for the Revel Casino Hotel and a $3 million breakup fee that would go to a Florida developer if he’s outbid for the…
High Rollers – High Risk? Video
http://www.abc.net.au/4corners/stories/2014/09/15/4085813.htm Australian casinos that target Asian VIP gamblers to boost their profits could run a serious risk of exposure to organised crime, according to a range of law enforcement and security experts. This week on Four Corners, reporter Linton Besser…
Macau casino loopholes: How unlicensed gambling thrives in Asian money-laundering hotspot
A number of individuals and companies who are not licensed by Macau’s casino regulator are advertising casino services from the resort properties managed by James Packer’s Macau joint venture, Melco Crown Entertainment. Four Corners discovered the unlicensed operators during a…