Commentaries INSIDE GAMING: Caesars works to upgrade balance sheet, but analysts unimpressed
By Howard Stutz, Las Vegas Review-Journal A leading gaming executive was asked on background a few months ago if he understood Caesars Entertainment Corp.’s financial maneuverings to restructure the casino company’s $24.2 billion in long-term debt. He just smiled. “Gary…
Pennsylvania's top court rules $75,000 fine for employee's theft at casino illegal
Paula Reed Ward / Pittsburgh Post-Gazette The state Supreme Court on Tuesday found that a mandatory $75,000 fine imposed upon a poker dealer convicted of stealing $200 from the Rivers Casino is unconstitutional. “The fine at issue here, both in…
A heart warming Story
There’s some language in here, You have been warned. It’s mild enough for You Tube though. https://www.youtube.com/embed/SW6FrrAS62E Replies: Posted by: Mr Finesse on August 18, 2014, 7:44 pm What the F—– 😀 Posted by: TommyC on August 20, 2014, 4:35…
Commentaries Turnaround story unfolds for MGM Resorts International
By Howard Stutz, Las Vegas Business Press A few years ago, when the recession had a firm chokehold on the casino industry, MGM Resorts International was a mess. CityCenter opened in December 2009 to cost overruns and a depressed consumer…
Podcast: Liza Cartmell, President, Atlantic City Alliance
http://ggbnews.com/issue/vol-12-no-32-august-18-20142/article/global-gaming-business-podcast-liza-cartmell-president-atlantic-city-alliance1 Replies: No replies were posted for this topic.
England: Ritz casino wins high court battle to recover £1m from gambling addict
Wife of Oman’s foreign minister lost £2m in an evening but only repaid half after claiming casino had ‘duty of care’ to stop her The Ritz casino has won a court battle to recover £1m from a wealthy gambling addict…
Horseshoe Casino in Baltimore opening soon, you’d better believe rivalry is fierce
In the Maryland casino wars, the latest weapon of choice is the billboard. A Maryland Live billboard was clearly visible over the shoulder of Baltimore Mayor Stephanie Rawlings-Blake (D) as she stood outside the unfinished Horseshoe Baltimore a few weeks…
New York: Caesars opens upstate office amid casino bid
WOODBURY, N.Y. (AP) – State regulators are not expected to decide on upstate New York casino licenses until this fall, but applicants are still staying active. Caesars New York will hold a ceremony Monday to mark to opening of its…
Everett Mayor DeMaria loosely accuses Boston of disrupting traffic in Sullivan Square during Gaming Commission meeting
BOSTON — The battle over the lone casino license in eastern Massachusetts took on an odd twist this week when the mayor of one of the host cities made loose accusations that a surrounding community was purposefully disrupting traffic patterns….
FL: Recently opened Dania Casino will close for $50M revamp
Low revenues, construction among reasons cited August 16, 2014|By Nick Sortal, SouthFlorida.com The house doesn’t always win after all. Just six months after opening, Broward County’s newest gambling option, Dania Casino and Jai-Alai, plans to close for at least a…