NJ casino regulators approve Icahn to own Trump Taj Mahal
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – New Jersey gambling regulators are allowing Carl Icahn to double down on his casino holdings in Atlantic City. The Casino Control Commission on Wednesday approved the billionaire investor to own the…
Atlantic City council introduces redevelopment plan for former Atlantic Club
Press of Atlantic City By JOHN V. SANTORE, Staff Writer The Atlantic City Council successfully introduced a redevelopment plan for the former Atlantic Club on Wednesday allowing the property to host entertainment and amusement activities. The site’s current owner, Endeavor…
Circus Circus is MGM’s ‘most popular property’
By HOWARD STUTZ LAS VEGAS REVIEW-JOURNAL Before the recession sunk its claws into the Strip, Circus Circus routinely contributed $70 million to $80 million a year in cash flow to the balance sheet of MGM Resorts International. Today, that number…
Police arrest 8 in Mafia-linked sports betting operation
ROCKLAND, N.Y. (AP) – Police in suburban New York have arrested eight people in a sports betting operation as investigators crack down on mob-run gambling and loansharking. The Journal News reports (http://lohud.us/1MMNXx6 ) authorities said Thursday that the 10-month investigation…
Tropicanna
Understand they are being bought by Penn National. Will that be good or bad? Noah Replies: No replies were posted for this topic.
Betty Willis, the designer of Las Vegas sign, dies at 91
LAS VEGAS — The woman who came up with a neon sign that has welcomed countless visitors to “fabulous Las Vegas” since 1959 has died. Betty Willis, credited with designing the “Welcome to Fabulous Las Vegas” sign, died in her…
New Jersey's legal Internet casinos hope a credit-card code released Friday will spur big banks into finally greenlighting payments for online gambling
By REUBEN KRAMER, Staff Writer New Jersey’s legal Internet casinos hope a credit-card code released Friday will spur big banks into finally greenlighting payments for online gambling, though there’s skepticism about whether the code will have banks reversing blanket bans….
Cruise liners anchored in Malta can now operate casinos for passengers
On-board casinos can now operate between 6 p.m. and 6 a.m, in return for a license fee per ship payable to the government. The fee is €500 for cruise liners carrying less than 1,500 passengers and €1,000 for cruise ships…
The Smart Way to Get Rich Off Las Vegas Casinos
The Motley Fool Place enough bets in a Las Vegas casino, and it’s sure to burn a hole in your pocket. The first rule in Las Vegas is, "The house always wins" and every bet in a casino is tilted…
Money Laundering at Las Vegas Casinos: Is This an Investment Risk?
Las Vegas has been a bright spot lately in an otherwise grim gaming industry in which Las Vegas Sands (NYSE: LVS ) , Wynn Resorts (NASDAQ: WYNN ) , and MGM Resorts International (NYSE: MGM ) have suffered major revenue…