Latest Casino News

Latest Casino News

N.J. suspends PokerStars application for online gaming

By JENNIFER BOGDAN, Staff Writer Press of Atlantic City http://www.pressofatlanticcity.com/communities/atlantic-city_pleasantville_brigantine/state-suspends-pokerstars-application-to-offer-web-gambling/article_1749f1e2-628d-11e3-a838-001a4bcf887a.html Follow Jennifer Bogdan on Twitter An application by an online gambling giant that lobbied for the legalization of Internet wagering in New Jersey has been suspended by the state for…

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Caesars sues Massachusetts Gaming Commission chairman

Stephen Crosby, Chairman of the state gaming commission, discusses the proposed Mohegan Sun casino at Suffolk Downs in Revere during a meeting at the Boston Convention Center. From http://bostonherald.com/business/business_markets/2013/12/caesars_sues_massachusetts_gaming_commission_chairman Las Vegas casino company Caesars, which once planned to develop a…

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14 Auburn bettors sitting pretty at 1,000-1 odds

Tim Dahlberg, Associated Press Somewhere out there – the best guess would be in Alabama – there are 14 anxious gamblers with more than just school pride riding on Auburn winning the national championship. They’ve got the Tigers at 1,000-1…

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Atlantic City casino to go to auction Dec. 17

original story from Press of Atlantic City http://www.pressofatlanticcity.com/news/breaking/bids-may-vary-widely-in-atlantic-club-auction/article_b6cb16b0-61c5-11e3-b3ea-001a4bcf887a.html ATLANTIC CITY— A wide variety of bids may be considered when The Atlantic Club Casino Hotel is sold at a bankruptcy auction next week. Michael Sirota, an attorney representing the casino, said…

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Top 20 U.S. Casino Markets by Annual Revenue

From American Gaming Association http://www.americangaming.org/industry-resources/research/fact-sheets/top-20-us-casino-markets-annual-revenue Gross revenue is earnings before taxes, salaries and expenses are paid—the equivalent of sales, not profit. Top 20 U.S. Casino Markets by Annual Revenue Casino Market 2012 Annual Revenues 1 Las Vegas Strip, Nev. $6.207…

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Investors lining up to build New York casinos

ALBANY, N.Y. — More potential competitors for Upstate New York casino licenses are emerging despite an increasingly crowded Northeast market. New York officials will begin awarding casino licenses next year after voters passed a state constitutional amendment to allow Las…

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MGM Resorts recommended for suitability in Massachusetts

By BOB SALSBERG THE ASSOCIATED PRESS BOSTON — The investigative arm of the state gambling commission recommended on Monday that MGM Resorts be found suitable to proceed with a bid for a casino in downtown Springfield, provided company officials adequately…

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Despite media report, Wynn Resorts is finished with Philadelphia

By CHRIS SIEROTY LAS VEGAS REVIEW-JOURNAL Wynn Resorts Ltd.’s business relationship with a Philadelphia-based online gaming company does not mean the company is lobbying for legalized Internet wagering or looking to reverse its withdrawn bid for a gaming license application…

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Virginian in downtown Reno sold to Siegel Group for $2.38 million

The Virginian building in downtown Reno, shown in October 2013, it has seen better days. / Andy Barron/RGJ file photo Written by Jason Hidalgo RGJ.com http://www.rgj.com/article/20131206/BIZ04/131206019/Virginian-downtown-Reno-sold-Siegel-Group-2-38-million?nclick_check=1 The Virginian in downtown Reno is literally getting a new lease on life following…

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N.J. sports gambling to place final bets in the U.S. Supreme Court

By Ryan Hutchins/The Star-Ledger on December 09, 2013 http://www.nj.com/politics/index.ssf/2013/12/sports_betting_chris_christie_us_supreme_court_appeal_atlantic_city_casinos_horse_tracks_ncaa_nba_ml.html TRENTON — The game clock is running out on New Jersey’s attempt to legalize sports betting at casinos and horse racing tracks — something supporters say could save those struggling industries…