Latest Casino News

Latest Casino News

bill would return noise regulation to Atlantic City beach bars

By STEVEN LEMONGELLO Staff Writer Press of Atlantic City Atlantic City may not be turning out the lights just yet, but it may ask to turn down the music. The bass-pounding beach bars on the Atlantic City Boardwalk may need…

Latest Casino News

Las Vegas: LVH, formerly Las Vegas Hilton, formerly International) plans to turn all or some of property into timeshares.

David Siegel, president and CEO of Westgate Resorts, shows an artist’s rendering of remodeled rooms during an interview at LVH, 3000 Paradise Road, on Monday, June 30, 2014. Siegel, who declined to disclosed the purchase price, announced the purchase of…

Latest Casino News

Atlantic City casino shutdown needed, analysts say

ATLANTIC CITY, N.J. (AP) – Atlantic City started the year with 12 casinos. By Labor Day, it could be down to nine. Wayne Parry, Associated Press For years, economists and analysts talked in theoretical terms about “casino saturation” in the…

Latest Casino News

Colorado: Cripple Creek casino to close next week – but will pay out $37,000 first.

Big Jim’s Gambling Hall and Saloon in Cripple Creek, in operation for just three years, will close Monday night after months of financial troubles. Thirty-seven employees will lose their jobs. Photo – Big Jim’s Casino and the Imperial Hotel in…

Latest Casino News

How dry we are: Nevada desperate for a drink

Lake Mead down 150′ since 2000 Lake Mead’s bathtub ring is growing while the water level keeps dropping. In May, the lake level was down to an elevation of 1,087 feet, the 10th-lowest monthly reading since the 1930s, when the…

Latest Casino News

Commentaries; Millions of People Go To Las Vegas Every Year Because It Has So Much More

By Ken Adams A small and relatively insignificant news item caught my eye recently. In the report, the Golden Nugget Casino in Lake Charles, Louisiana is postponing its opening for nearly six months. I don’t really understand the reason, but…

Latest Casino News

Caesars CEO eyes debt deal, says can finance Japan foray

By NATHAN LAYNE and EMI EMOTO REUTERS TOKYO — Caesars Entertainment Corp. will likely agree to a debt restructuring with bondholders within a year and should have no problem financing a foray into the Japanese market, the debt-strapped casino operator’s…

Latest Casino News

Atlantic City casino shutdown needed, analysts say

Wayne Parry, Associated Press ATLANTIC CITY, N.J. (AP) – Atlantic City started the year with 12 casinos. By Labor Day, it could be down to nine. For years, economists and analysts talked in theoretical terms about “casino saturation” in the…

Latest Casino News

California cracks down on ‘sweepstakes cafes’

SACRAMENTO, Calif. (AP) – Next to a massage parlor, a doughnut shop and a liquor store, more than two dozen people sat inside a darkened business in a strip mall dropping $2 bets on electronic games with names such as…

Latest Casino News

Caesars to close Showboat in Atlantic City on Aug. 31

ATLANTIC CITY, N.J. (AP) – Casino contraction hit Atlantic City for the second time this year, as the parent company of the Showboat Casino Hotel announced Friday it will close the Mardi Gras-themed casino on Aug. 31. Caesars Entertainment told…