Revel casino warns it will close if buyer can't be found
http://www.nj.com/business/index.ssf/2014/06/revel_casino_warns_it_will_close_if_buyer_cant_be_found.html#cmpid=nsltr_strybutton nj.com Revel casino warns it will close if buyer can’t be found Atlantic City’s Revel Casino Hotel warned its staff today that it will shut down this summer if a buyer can’t be found in bankruptcy court. (Aristide Economopoulos/The…
New Jersey lawmaker says state will have sports betting one way or another
By REUBEN KRAMER, Staff Writer New Jersey racetracks could offer sports betting by September in spite of a federal ban, state Sen. Ray Lesniak said Tuesday. In February, Gov. Christie asked the U.S. Supreme Court to review the federal ban…
Atlantic Club sells for $13.5 million to TJM Properties Inc.
By DONALD WITTKOWSKI Staff Writer ATLANTIC CITY — A real estate investment firm that has been buying up old Atlantic City casinos paid $13.5 million for the shuttered Atlantic Club Casino Hotel, according to newly filed property records. TJM Properties…
Caesars extends offer to purchase $791.8 million in long-term debt
Bookmark and Share Caesars Entertainment Corp., extended by more than a week an offer for investors to purchase $791.8 million in the company’s long-term debt. The casino operator had previously extended the offer to end Monday. The offer now expires…
Southern Nevada economy seen strengthening through 2014
Southern Nevada’s economy will continue to strengthen through 2014 as tourism, gaming, construction and the housing industries plod toward pre-recession levels. Current trends indicate the region is continuing its fourth year of recovery from the economic downturn that hurt Nevada…
World Cup bettors hammering Las Vegas sports books
LAS VEGAS — Through the first five days of the World Cup, bettors have been rolling in the dough while the sports books have taken a beating, as favorites have gone 9-5 on the goal line and the OVER has…
Las Vegas: Rebirth of resort starts with the right name
CEO Seth Schorr applauds a winning bet during the opening of the Downtown Grand Las Vegas Hotel and Casino in Las Vegas Sunday, October 27, 2013. By John Katsilometes (contact) John Katsilometes Sunday, June 15, 2014 | 2 a.m. Naming…
Poll: New Jersey gamblers prefer Atlantic City
ATLANTIC CITY, N.J. (AP) – About 12 percent of New Jersey gamblers would take their business to one or more of the four new casinos being built in New York, according to a new poll. A Fairleigh Dickinson University PublicMind…
Speaker: Casino industry can take steps to trace high roller’s bankroll
By HOWARD STUTZ LAS VEGAS REVIEW-JOURNAL The head of the federal agency assigned to investigate money laundering crimes told a Las Vegas audience Thursday the casino industry can discover the origins of a high roller’s bankroll in the same way…
PokerStars $4.9 Billion Sale to Amaya May Harken U.S. Return
Christopher Palmeri and Beth Jinks, Bloomberg June 13 (Bloomberg) — PokerStars agreed to be acquired by Amaya Gaming Group Inc. in a $4.9 billion deal that could return the dominant poker website to the U.S. market it’s been absent from…