Analyst: Mohegan Sun faces peril in loss to Wynn
BOSTON (AP) – Mohegan Sun faces financial peril after losing out to Wynn Resorts in its bid to open a casino in the Boston-area, a Moody’s Investor Service analysis warns. In a note to investors Wednesday, analyst Keith Foley said…
Study shows visitors have highest gambling budget in five years
While the percentage of travelers to Las Vegas who gamble continues to fall, those who play have the highest average gambling budget in five years. The Las Vegas Convention and Visitors Authority, in a recent Visitor Profile study, said the…
NEW JERSEY OFFERS LEAGUES A CUT OF BETTING REVENUE TO FUND SPORTS INTEGRITY
Thursday will see New Jersey state Sen. Ray Lesniak introduce his latest piece of legislation intended to bring legal sports betting to the Garden State. Lesniak has stated his bill will explicitly repeal state-level prohibitions against sports betting at Atlantic…
6 places where Las Vegas casino companies want to expand
http://vegasinc.com/business/gaming/2014/sep/19/6-places-where-las-vegas-casino-companies-want-exp/?_ga=1.201712657.1066826175.1409330915 Slideshow Replies: No replies were posted for this topic.
Industry isn’t facing slots of fun
By HOWARD STUTZ LAS VEGAS REVIEW-JOURNAL The outlook for U.S. slot machine industry continues to be bleak. Analysts said this month the replacement market — in which slot machine manufacturers sell casinos newer games to change out older products —…
Glass containers banned from las Vegas Strip
Clark County commissioners unanimously approved a ban of glass containers and bottles on the Strip sidewalks. The decision came after hearing opposition from some small-business owners, but support from the Nevada Resort Association. Officials said the move is necessary to…
Tycoon buys 30 Rolls-Royces for Macau hotel
In this Tuesday, Sept. 16, 2014 photo provided by Rolls-Royce Motor Cars, Louis XIII Holdings Ltd. Chairman Stephen Hung, left, poses with Rolls-Royce Motor Cars CEO Torsten Mueller-Oetvoes at the Rolls-Royce’s headquarters in Goodwood, Britain. Hung, a Hong Kong tycoon,…
China Gamblers Go to Vegas as Spending Crackdown Hits Macau
Sept. 17 (Bloomberg) — China’s high-spending gamblers are looking to bet outside Macau amid a government assault on corruption and extravagance, and that’s boosting casinos from the Philippines to the Las Vegas Strip. Visitors from China are lifting gambling growth…
Donald Trump’s Atlantic City history
In this Thursday, April 5, 1990 file photo, Donald Trump ascends the stairs with his fist raised after the opening of the Trump Taj Mahal Casino Resort in Atlantic City, N.J. Trump Plaza closed Tuesday, Sept. 16, 2014, and Trump…
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…