Latest Casino News

Latest Casino News

Full House Resorts drops plans to buy Fitzgerald's Casino Tunica

Full House Resorts, parent company of Silver Slipper Casino in Hancock County, said in its first quarter report Wednesday that the company wants out of an agreement to buy Fitzgerald’s Casino in Tunica. On May 7, Full House informed Majestic…

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Las Vegas among nation’s cheapest cities for renting a car, survey finds

y John Taylor (contact) John Taylor Tuesday, May 13, 2014 | 10 a.m. Renting a car in Las Vegas is cheaper than just about any other top destination in the nation, according to a survey from CheapCarRental.net. The website, in…

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CROWN SUES HIGH ROLLER OVER UNPAID DEBT AMOUNTING TO $8 MILLION

Melbourne’s Crown Casino is taking a Chinese high-roller to task over unpaid debts amounting to almost AUD$8 million. The casino has taken legal action against Zhao Li over the latter’s astronomical debt that reached seven figures after an incredible gambling…

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Stratosphere parent reverses loss, sees revenue rise

Howard Stutz, Las Vegas Review-Journal · Stratosphere owner American Casino & Entertainment Properties reversed a first quarter net loss and grew revenue 3 percent, due in part to nongaming spending by customers at the property at the edge of downtown…

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Caesars Makes ‘And’ Four-Letter Word to Lenders: Distressed Debt

Charles Mead and Sridhar Natarajan, Bloomberg May 12 (Bloomberg) — An innocuous three-letter conjunction in an 80,000-word legal document helped enable more than $450 million of losses for bondholders at a Caesars Entertainment Corp. unit. The casino operator, taken private…

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Why China loves Las Vegas

Far East investors and visitors are changing the valley, Strip to suburbs By Ed Komenda (contact) They’re buying into Las Vegas like never before. They’re pumping cash into major resort projects and big stage productions on the Strip and they’re…

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Gaming innovation course helps students create new ways to throw the bones

UNLV Gaming Innovation students, from left, Hien Nguyen, He Lin, and Aron Kock pose for a portrait in the Konami Gaming Lab in the Stan Fulton Building on the UNLV campus in Las Vegas on Friday, May 9, 2014. (Jason…

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(Florida) Like Lucy does with Charlie Brown, the Legislature keeps promising Floridians an overhaul of gambling in the state – then pulls the ball away

Special interests, infighting stall gambling overhaul By JAMES L. ROSICA TAMPA TRIBUNE TALLAHASSEE — Like Lucy does with Charlie Brown, the Legislature keeps promising Floridians an overhaul of gambling in the state — then pulls the ball away. This year…

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Alabama's Republican AG is accusing his Democratic candidate of being bought by the Poarch Band of Creek Indians.

MONTGOMERY, Ala. (AP) — Alabama’s Republican attorney general is accusing his Democratic candidate of being bought by the Poarch Band of Creek Indians because the tribe gave him $750,000 in donations this week. The contributions, first reported by al.com, went…

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SJM Profit Misses Estimates as It Loses Gamblers to Rivals

Bookmark and Share May 12 (Bloomberg) — SJM Holdings Ltd., Asia’s largest casino operator by revenue, posted first-quarter earnings that missed analyst estimates as it lost customers to rivals in Macau’s popular Cotai area, where it doesn’t have a presence….