Strip properties power MGM earnings
Howard Stutz, Las Vegas Review-Journal MGM Resorts International’s single casino in Macau has carried in the company in recent quarterly reporting periods. But not for the three-month reporting period that ended June 30. Backed by healthy gains from 10 Strip…
Las Vegas: Malaysian man pleads not guilty in World Cup betting case
Jeff German, Las Vegas Review-Journal · Malaysian businessman Wei Seng “Paul” Phua, the man authorities consider the ringleader of a multimillion-dollar World Cup betting scheme, pleaded not guilty in federal court Tuesday to illegal gambling charges. His son, Darren Wai…
Maryland casinos generate $76 million in revenue in July
By Annys Shin August 5 Maryland casinos generated $76 million in revenue in July, an increase of 9.7 percent compared to the same period a year earlier, the Maryland Lottery and Gaming Control Agency said Tuesday. Maryland Live! in Hanover,…
Atlantic City: Donald Trump sues to get his name off casinos
This July 24, 2014, photo shows several lights burned out in the illuminated facade of the Trump Plaza Hotel Casino in Atlantic City, Tuesday Aug. 5, 2014. By Wayne Parry, Associated Press Tuesday, Aug. 5, 2014 | 8:10 p.m. ATLANTIC…
Australian billionaire buys New Frontier site
The land where the New Frontier hotel-casino once stood is seen on left adjacent to Las Vegas Boulevard, north of Spring Mountain Road in Las Vegas on Thursday, July 31, 2014. (Chase Stevens/Las Vegas Review-Journal) Howard Stutz, Las Vegas Review-Journal…
New Jersey residents unsure on casinos outside Atlantic City
Geoff Mulvihill, Associated Press TEANECK, N.J. (AP) – A new poll found that half of New Jersey residents oppose opening casinos outside Atlantic City. The idea is being promoted by some lawmakers as a way to raise money that would…
Christie quiet on Atlantic City, its future
By DEREK HARPER Staff Writer Follow Derek Harper on Twitter As Atlantic City’s declining casino economy entered freefall this summer, Gov. Chris Christie has stayed away from both the city and broader discussions of the resort’s future. And while the…
Caesars Deals $2.6 Billion Loss in Lender Clash: Distressed Debt
Christopher Palmeri and Laura J. Keller, Bloomberg (Bloomberg) — Caesars Entertainment Corp., the casino company taken private in a $30.7 billion leveraged buyout just before the credit crisis, has taken steps in recent weeks that signal it’s poised for a…
Commentaries: Veni, Vidi, Empti in Las Vegas
By Christopher G. Axelrod “I came, I saw, I purchased in Las Vegas.” That’s increasingly true as additional shopping opportunities are added to the Las Vegas tourist experience. Mirroring the concepts of its larger production shows, Las Vegas strives to…
Wynn envisions casino ferry service
A rendering of the proposed Wynn casino in Everett. Casino developer Steve Wynn imagines his own fleet of custom-built catamarans ferrying tourists and conventioneers from downtown Boston and the Seaport to a riverfront gambling palace in Everett, an extensive new…