Canpartners Realty Holding Co. IV, the main holder of the debt owed by Hooters Hotel/Casino in Las Vegas, has been designated as the successful bidder to take over the property.
A challenge to the Massachusetts gaming bill that authorized three casinos, while designating that one be offered to the Mashpee Wampanoag Tribe, has been rejected by a federal judge. Lawyers for KG Urban Enterprises were told by Judge Nathaniel Gorton the law is legal.
Tony Rodio, who has been operating as Carl Icahn’s main man in New Jersey, has been named president and chief operating officer of Ican’s Tropicana Entertainment Inc. Rodio will continue to run the Tropicana Hotel/Casino in Atlantic City.
The Nevada Gaming Control Board is recommending approval of plans to renovate the old Lady Luck Hotel/Casino in downtown Las Vegas. Final approval is expected from the state Gaming Commission this week.
Bishop Woosley, a former Arkansas assistant attorney general, has been appointed the new director of the state’s lottery activities.
Frank Fahrenkopf, Jr., president and CEO of the American Gaming Association (AGA) will be the keynote speaker at the two-day roundtable of the Gaming Laboratories International to be held beginning March 7 at the Treasure Island Casino & Resort in Las Vegas.
Rhode Island voters will be asked in November to decide whether a full-scale casino should be authorized on the site of the Newport Grand slot parlor.
Valley Forge Casino Resort in suburban Philadelphia, Pa., will open on March 31.
The Jubilee Casino in Greenville, Miss., will close in mid-April and its operations will be consolidated with the Lighthouse Point Casino. At that time, the Lighthouse will be renamed the Trop Casino Greenville.
Gaming revenues for the month of January in Louisiana fell 3.5 percent to $185.6 million.
Churchill Downs Inc. (CHDN) will announce its fourth quarter and fiscal year 2011 results on Monday, March 12.
Bossier Casino Venture LLV, which last week bought a pair of riverboat casinos from Isle of Capri Casinos Inc. (ISLE), has placed one of the vessels up for sale.
Taunton, Mass., home for several decades of Joe Lindsey’s defunct greyhound racing facility, has thrown its hat into the ring as a potential site for one of the casino licenses to be granted in the Bay State.
The Ohio Casino Control Commission announced the state’s first casino will open in Cleveland during the week of May 14. The second Ohio casino will open two weeks later in Toledo.
Plans for a new outlet shopping center have been announced by the Mashantucket Pequot Tribe for its Foxwoods Resort in Connecticut.
Scientific Games Corporation (SGMS) has announced a conference call to discuss its fourth quarter financial results on Tuesday Feb. 28, at 2 p.m. PDT.
Welcome to our casino industry news section. Find the latest information about casino buyouts, casinos, build outs or bankruptcies. Our casino industry news covers big movers in gambling such as MGM Resorts International (MGM), Las Vegas Sands (LVS), Penn National (PENN), Station Casinos, Caesars Entertainment and more in places like Macau, Singapore, regional casinos around the United States as well as our own Las Vegas.




