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Full House Resorts resolves casino dispute

Industry
Feds put pressure on the casino industry September 02, 2014 by Phil Hevener

Gaming Insider | The rising tide of revenue coming to Las Vegas from foreign shores explains the increased interest in following the origins of some of this money and the motives behind it.

A majority of Las Vegas sports books used Stardust's lines September 02, 2014 by Scott Schettler

Gaming Yesterday | We were doing so much business at the Stardust the crowds were overwhelming. I hired additional oddsmakers Jerry “The Hat” and Kenny White for their numbers and opinions.

China dominates Macau but Hong Kong protests September 01, 2014 by Ray Poirier

Despite some rumblings that the region should become a more “democratic” state, no changes in the current form of government are anticipated. Macau’s CEO, Fernando Chui, was re-elected to strongly support the parent country.

Macau revenues fall for third consecutive month September 01, 2014 by Ray Poirier

Lower share prices for the gaming companies doing business in Macau hinted that revenues during the month of August would be far from the gaming growth percentages of the past. Macau officials said revenue fell 6.1 percent in August.

Casino jobs for papered immigrants in Pennsylvania September 01, 2014 by Ray Poirier

Casinos and racinos in western Pennsylvania needed workers and documented refugees needed jobs. Putting the two together was like a marriage made in heaven.

Nebraska court faces two questions September 01, 2014 by Ray Poirier

Nebraska's November referendum now has two issues: wagering on previously run races AND whether tax revenue from both live and replayed horse races will go toward education, property tax relief, and a compulsive gambling treatment program.

Time for celebrations for Penn National Gaming September 01, 2014 by Ray Poirier

It was a time for celebration for the folks at Penn National Gaming Inc. (PENN) last week after opening a new gambling facility in Dayton, Ohio, and topped out its new casino in Plainfield, Massachusetts.

New leadership named at Churchill Downs Inc. September 01, 2014 by Ray Poirier

Churchill Downs Inc. (CHDN) has a new leader. William C. Carstanjen, 46, has been named chief executive officer succeeding Robert L. Evans.

Wisconsin governor skirts touchy casino decision September 01, 2014 by Ray Poirier

The Forest County Potawatomi Indians have been adding pressure to Gov. Scott Walker regarding the licensing of a competing casino by withholding its $25 million annual payment to the state.

Full House Resorts resolves casino dispute September 01, 2014 by Ray Poirier

Full House Resorts Inc. (FLL) has notified the Securities & Exchange Commission it has resolved a dispute with Majestic Star Casino LLC and its affiliates that had resulted in litigation.

Cobalt Data Center licensed by Nev. Gaming Board September 01, 2014 by Ray Poirier

Cobalt Data Center has been licensed by the Nevada Gaming Control Board to host gaming operations in its state-of-the-art facility

Kiryas Joel files lawsuit to stop CZR New York casino September 01, 2014 by Ray Poirier

The Orange County village of Kiryas Joel has filed a lawsuit seeking to stop Caesars Entertainment Corp. (CZR) from receiving approval for a casino in nearby Woodbury, New York.

Greenbrier sees revenues rise despite competition September 01, 2014 by Ray Poirier

Nearby competition has caused a decline in the revenues from West Virginia’s four racinos but it hasn’t affected The Greenbrier casino. The casino's table game revenue increased to $457,715 while its video lottery revenue rose to $429,575.

Viet Nam expected to admit locals to casinos September 01, 2014 by Ray Poirier

Currently, Viet Nam residents are prohibited from gambling in that country’s five casinos but changes may be in the offing. A new decree is expected next month that will allow the casinos to admit locals, provided they pay an admission fee.

Former Maryland Live! employee takes high roller list September 01, 2014 by Ray Poirier

A former employee of the Maryland Live Casino in Hanover, Maryland, must return a list of high rollers she allegedly took when she left to work at the new Horseshoe Casino in Baltimore.

Casino Insider - 9.2.14 September 01, 2014 by Ray Poirier

Casino Insider | Read the latest casino industry news bites about Bally Technologies Inc. (BYI), Scientific Games Corporation (SGMS), Isle of Capri Casinos Inc. (ISLE), Caesars Entertainment Corp. (CZR) and so much more.

Support for casinos in Kentucky waning September 01, 2014 by Staff & Wire Reports

It would take a constitutional amendment to open the door to casino gambling in Kentucky and such a move has been supported by the horse racing industry for many years, without success. This year, recent efforts seem to have dissipated.

Revel to shutdown after 2 years in Atlantic City September 01, 2014 by Staff & Wire Reports

The most spectacular and costly failure in Atlantic City’s 36-year history of casino gambling began to play out Monday when the $2.4 billion Revel Casino Hotel emptied its hotel. Its casino will close early Tuesday morning.

Show is over for Atlantic City's Showboat Casino September 01, 2014 by Staff & Wire Reports

The show is over for the Showboat Casino Hotel. The Mardi Gras-themed casino shut down Sunday after 27 years on the Atlantic City Boardwalk. It was one of three casinos closing within the next two weeks.

Mass jobless filing for laid-off casino workers August 29, 2014 by Staff & Wire Reports

One of the region’s largest mass-filings for unemployment and other benefits will begin next week for newly laid-off Atlantic City casino workers in an outreach effort so large it had to book part of the city’s convention center.

 

Casino Industry

No immediate end to the tough times in Atlantic CityCASINOS STRUGGLE

No end to tough times in Atlantic City

Las Vegas has a reputation for playing its cards well. Atlantic City never paid close attention to the hand it was dealt. Momentum – the positive kind – resembles a forever fickle beast...

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