FBI’s Internet Ruse Ruled Offside in World-Cup Gambling Case
(Bloomberg) — The FBI crossed the line when it cut off the Internet connection of a luxury villa at Caesars Palace to gain access disguised as repairmen, a Las Vegas judge said in tossing evidence gathered during a search of…
$50M upgrade part of Tropicana’s turnaround in Atlantic City
ATLANTIC CITY, N.J. (AP) – Eight years ago, Atlantic City’s Tropicana casino was hanging by a thread. Its former owner cut staff to the bone and let the sprawling complex deteriorate so badly that New Jersey gambling regulators stripped it…
Caesars division asks for more time to file bankruptcy plan
The bankrupt operating division of casino empire Caesars Entertainment Corp. wants more time to file its reorganization plan to get out from under some $18 billion in debt. Caesars Entertainment Operating Co. lawyers filed a motion this week asking a…
Texas: Gambling bills coming up losers in Legislature
AUSTIN — If you’re betting that an expansion of legalized gambling in Texas won’t happen in the near future, consider it a sure thing. The Legislature is further away from expanding gambling than it has been in years. Even the…
GENERATOR TRUCKS ARRIVE AT POWERLESS REVEL CASINO SITE
Short video http://6abc.com/news/generator-trucks-arrive-at-powerless-revel-casino-site/658742/ Wayne Parry, Associated Press · ATLANTIC CITY, N.J. (AP) – Three portable generator trucks arrived Tuesday at the site of Atlantic City’s former Revel casino, which has been without utility service since last week. Florida developer Glenn…
AC Casinos making money again
Jeff Blumenthal Reporter- Philadelphia Business Journal Despite four of them going out of business and other troubling economic issues, Atlantic City casinos made money in 2014. CBSPhilly.com said gross operating profits for the still open gaming halls rose last year…
Deal closes on sale of ex-Revel casino; Straub new owner
Wayne Parry, Associated Press · ATLANTIC CITY, N.J. (AP) – Revel, the billion-dollar resort bust that was once widely viewed as the potential savior of Atlantic City’s struggling casino industry, is getting a second chance as part of a Florida…
Legislator ends bid to bring resort casinos to Florida
Gary Fineout, Associated Press TALLAHASSEE, Fla. (AP) – A push to bring Las Vegas-styled resort casinos to South Florida is once again being rejected by the state Legislature. The idea was a long shot from the start, but a top…
In year of 4 shutdowns, AC casinos grew profits 44 percent
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – Here’s a rare instance of Atlantic City’s rash of casino closures actually bringing good news to the industry. The casinos increased their gross operating profits by 44 percent last year, according…
A timeline of Atlantic City’s Revel Casino Hotel
Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – A look at key moments in the history of Atlantic City’s Revel Casino Hotel: – September 2007: Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3,800…