Gaming

Lawyer: Revel casino ‘a melting ice cube’ that needs help

The Revel casino is seen Thursday, Feb. 14, 2013, in Atlantic City.

Atlantic City's Revel Casino Hotel is "a melting ice cube" that needs immediate help to stay open until a buyer can be found, its lawyer told a bankruptcy court judge Friday. The $2.4 billion casino is back in bankruptcy court for...

20 June 2014
By Wayne Parry, Associated Press

Licensing talks for PokerStars buyer may signal online gaming giant's return

A computer screen in Atlantic City on Wednesday, Dec. 11, 2013, displays the homepage of PokerStars.com.

A Canadian company buying the PokerStars website will begin licensing talks with New Jersey casino regulators aimed at letting the world's largest Internet poker site operate ...

18 June 2014
By Wayne Parry, Associated Press

With Harrah’s folding, increased competition, ‘Tunica Miracle’ goes bust

Valet lanes are empty at Harrah's Tunica casino in Robinsonville, Miss. On June 2, Caesars Entertainment Corp., owners of the gaming facility, closed the doors on Harrah's Tunica. The closure affects a work force of about 1,300 and involves several hotels, a golf course, a convention center and the casino.

It was 3:30 p.m. on a Monday in May at Harrah's Tunica Hotel & Casino in northwestern Mississippi. Gamblers were few in number, and dealers stood ready at idle card tables. It was easy to see why Caesars Entertainment Corp. was giving up on the …

18 June 2014
By Jeff Amy, Associated Press

World Cup bettors hammering Las Vegas sports books

A view of the Caesars Palace sports book, March 13, 2012.

http://linemakers.sportingnews.com/soccer/2014-06-17/world-cup-2014-betting-las-vegas-usa-ghana-result-odds-john-brooks-goal

17 June 2014
Sporting News

Florida woman claims $1 million jackpot on Bellagio slot machine

Florida woman claims $1 million jackpot on Bellagio slot machine

A Florida slots player struck it big last week at Bellagio, hitting a $1,094,560.56 jackpot on a …

16 June 2014
By Las Vegas Sun Staff

Italian company talking deal with Las Vegas slot maker IGT

A man plays an "Avatar"-themed video slot machine by International Game Technology (IGT) during the G2E convention at the Sands Expo Center Tuesday, Sept. 24, 2013.

Italian lottery operator Gtech says that it is in preliminary talks with Las Vegas casino gaming company International Game Technology about a potential deal. Gtech did not specify...

16 June 2014
Associated Press

N.J. judge rules casino not liable in unshuffled cards case

The Golden Nugget Atlantic City, pictured here in 2012, won the latest in a series of rulings in a New Jersey court regarding $1.5 million won by a group of gamblers who realized that the cards had not been shuffled.

A casino does not have to pay $1.5 million won by a group of gamblers who realized the cards had not been shuffled, and it can move to recover more than $500,000 it already paid them, a judge ruled Friday. The Superior Court judge ruled that because the cards had been unshuffled, that made the game of mini-baccarat in April 2012 illegal under state casino rules. A lawyer for...

13 June 2014
By Wayne Perry, Associated Press

Amaya Gaming Group to buy PokerStars in $4.9 billion deal

Casino industry representatives and exhibitors watch an online poker game during industry's G2E conference, Tuesday, Oct. 4, 2011, in Las Vegas.

Amaya Gaming Group Inc. surged to a record after agreeing to acquire PokerStars for $4.9 billion, in a deal that creates the largest publicly held online gambling company in the …

13 June 2014
Bloomberg

MGM nabs Massachusetts’ first casino license

This Wednesday, Aug. 22, 2012, file photo of an artist rendering provided by MGM Resorts International via The Republican shows part of a proposed casino complex in Springfield, Mass.

MGM Resorts International will be named Massachusetts' first casino operator, but the Las Vegas-based gambling giant will not have to immediately pay millions of dollars in ...

11 June 2014
By Philip Marcelo, Associated Press

Boyd to get $88 million tax refund from Atlantic City for Borgata

In this June 6, 2013, photo, a dealer waits as a gambler places chips on a roulette table at the Borgata Hotel Casino & Spa in Atlantic City N.J.

The Borgata's parent company, Boyd Gaming, announced the settlement Tuesday in a filing with securities regulators. The settlement covers tax years 2011 …

10 June 2014
By Wayne Perry, Associated Press

Gaming exec was there in city’s ‘golden era’

Al Benedict, who in a five-decade gaming career served as a key pioneering executive to some of the biggest casino owners in the business, died Saturday. The cause was attributed to ...

9 June 2014
By Ed Koch

Joe Downtown: Police crack down on security, alcohol on Fremont Street

Metro Police Detective R. Bass stands at the 4th Street entrance to the Fremont Street Experience, where heavy security and police were employed to maintain watch over an expected crowd of some 40,000 people.

Combatting the heat, many thousands of people drank thousands more gallons of alcohol while ...

7 June 2014
By Joe Schoenmann

Bondholders say Caesars defaulted on debt terms

Gary Loveman, president, CEO and chairman of Caesars Entertainment, delivers a keynote address during the Global Gaming Expo at the Las Vegas Convention Center on Wednesday, Nov. 17, 2010.

Bondholders are ratcheting up pressure on Caesars Entertainment Corp., saying the debt-laden casino giant defaulted on the terms of possibly more than $1 billion in debt when it sold four casinos to an affiliate this year. Las Vegas-based Caesars, which received ...

6 June 2014
By Eli Segall

Bally to acquire Israeli online-gaming company

In his first big move since retaking the helm of Bally Technologies a few weeks ago, CEO Dick Haddrill is buying an Israeli online-gaming firm. Bally, a Las Vegas slot-machine maker, said today it reached a deal to acquire ...

5 June 2014
By Eli Segall

Court overturns $6.6 million judgment for man injured at Palms

The Nevada Supreme Court has overturned a $6.6 million judgment awarded to a man whose knee was injured as souvenirs were tossed to the crowd while he was...

5 June 2014
By Cy Ryan
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