Gaming

Gambling powers play both sides in N.Y. battle over legalizing new games

An electronic advertisement for DraftKings hangs on the side of Madison Square Garden on Wednesday, Jan. 6, 2016, in New York.

Gambling powers are engaged in a furious and expensive last-minute campaign at the New York Capitol on whether to legalize daily fantasy sports contests and ...

7 June 2016
By Tom Precious, The Buffalo News, N.Y. (TNS)

Atlantic City’s Showboat is reopening — but without a casino

This June 27, 2014, photo shows the Showboat casino in Atlantic City, N.J.

The shuttered Showboat casino hotel will reopen next month — this time as a non-gambling hotel, a developer said today. Philadelphia developer Bart Blatstein said ...

3 June 2016
By Wayne Parry, Associated Press

Monte Carlo in Las Vegas rebrands as Park MGM and NoMad

A view of the Las Vegas Strip and Monte Carlo as seen from Rivea at Delano Las Vegas on Feb. 2, 2016.

Today’s announcement that Monte Carlo Las Vegas will be redesigned as two hotels — Park MGM Grand and NoMad Las Vegas — keeps a promise by ...

3 June 2016

Firm: New casinos could kill half of Atlantic City’s 8 casinos

An empty stretch of boardwalk in Atlantic City, N.J., April 6, 2016.

A Wall Street analyst predicts as many as half of Atlantic City's eight casinos could be forced to close if voters in November approve two new casinos just ...

3 June 2016
By Wayne Parry, Associated Press

Secret phone bets in Macau VIP rooms spark laundering risks

Hidden inside the private room of a Macau casino’s exclusive gaming area, a single player sits at a baccarat table. As the cards are turned, the man, a hired hand, gives a play-by-play account via an earpiece wirelessly connected to ...

2 June 2016
Bloomberg

High-stakes hearing: Massachusetts mayor will play to Wynn

This artist's rendering released Wednesday, March 27, 2013, by Wynn Resorts shows a proposed resort casino on the banks of the Mystic River in Everett, Mass.

Somerville Mayor Joseph Curtatone says he's ready to do battle with Steve Wynn over the $2 billion Everett casino, as both sides lay their chips on the table in ...

2 June 2016
By Jordan Graham, Boston Herald (TNS)

First of 2 Riviera hotel towers set to come down June 14

Lights are shown on the Riviera facade Sunday, May 3, 2015, before the casino closed.

he first of two hotel tower implosions at the Riviera will take place June 14, the Las Vegas Convention and Visitors Authority said today. The authority announced that the shuttered hotel-casino’s Monaco Tower will ...

1 June 2016
By J.D. Morris

Casino tests novel approach to preventing gambling addiction

In this June 23, 2015 file photo, an automated dealer asks for players to take a seat at a black jack video slot machine on the floor of the Plainridge Park Casino, in Plainville, Mass. Massachusetts is set to launch this week a first-in-the-nation system allowing slot players to limit their bets.

Massachusetts is set to launch this week a first-in-the-nation system allowing slot players to limit their bets, following some pushback from ...

1 June 2016
By Phillip Marcelo, Associated Press

Boyd Gaming selling its stake in the Borgata to MGM

In this June 26, 2013, photo, the Borgata Hotel Casino & Spa is seen in Atlantic City, N.J., with the nearby Water Club reflected in its gold glass facade.

Boyd Gaming Corp. is selling its 50 percent interest in the Borgata casino in Atlantic City to MGM Resorts International, the companies announced today. The $900 million deal will put the New Jersey casino entirely in the control of MGM Resorts, which already owns the other half. But the corporate maneuvers ...

31 May 2016
By J.D. Morris

IGT reports higher revenue but greater loss in 1st quarter

Flags fly at International Game Technology (IGT) headquarters at 6355 S Buffalo Dr. Thursday, Aug. 13, 2015.

Slot machine and lottery company International Game Technology reported its first-quarter earnings this week. IGT said its revenue growth, using the more comparable 4 percent figure, was mainly reflective of “strong lottery performance, particularly in ...

27 May 2016
By J.D. Morris

Nevada gambling revenue down 2 percent in April

State officials say Nevada gambling revenue was down more than 2 percent in April compared with last year. The Nevada Gaming Control Board said Thursday that the state's casinos won $876 million in April. Revenue fell in the areas ...

26 May 2016
Associated Press

Smartphones fuel great growth potential for U.S. Internet gambling

In this April 15, 2015, file photo, an employee at Resorts Casino Hotel tries a touch-screen tablet device in the Atlantic City, N.J. casino's new Internet gambling lounge. Internet gambling has tremendous growth potential in the United States as ever-greater percentages of the public use smartphones, participants in a major gambling conference said Wednesday, May 25, 2016.

Internet gambling has tremendous growth potential in the United States as ever-greater percentages of the public use smartphones, participants in ...

26 May 2016
By Wayne Parry, Associated Press

New owner wants to make Trump’s Taj Mahal casino great again

The Trump Taj Mahal resort in Atlantic City is shown Oct. 24, 2014.

The name on the front still reads "Trump," but a different flamboyant billionaire now wants to make the Taj Mahal casino great again. Carl Icahn isn't sure whether he'll spend the $100 million he promised to spruce up the struggling gambling hall opened in 1990 by Donald Trump, who hailed ...

21 May 2016
By Wayne Parry, Associated Press

Court sides with Las Vegas casino worker fired for using medical marijuana

An exterior view of the Las Vegas Club during the casino's final night in downtown Las Vegas Wednesday, Aug. 19, 2015. The casino closed it's doors at midnight.

The Nevada Supreme Court has ruled a Las Vegas casino worker is entitled to collect unemployment benefits after being fired for testing positive for marijuana ...

20 May 2016
By Cy Ryan

Nevada regulators approve $2 million fine against Las Vegas Sands

State regulators today approved a $2 million fine against Las Vegas Sands Corp. that stemmed from past allegations of accounting problems with the casino operator’s business in ...

19 May 2016
By J.D. Morris
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