Atlantic City’s Golden Nugget casino dropped a threat to file a lawsuit blocking a package of tax relief for Atlantic City’s eight casinos. The casino’s general counsel said that proposed changes to a tax bill should be enough to protect it.
Amaya Gaming Group headquarters was raided last week by provincial financial market regulators and federal police, reportedly focusing on trading activities surrounding the company’s acquisition of the British firm that owned PokerStars.
The recent consolidation of major gaming machine manufacturers was driven by industry headwinds and an uncertain future, say analysts at Wells Fargo Securities in New York.
An Illinois jury has found a racetrack owner liable in a civil racketeering case that involved actions during the jailed former governor Rod Blagojevich’s term.
Hakkasan Group, a major player in the food and entertainment industry in Las Vegas since moving into the MGM Grand Hotel/Casino in 2013, is set to acquire Morgans Hotel Group’s stake in Light Group, operator of Light and Oak nightclub.
The Sun Sentinel reported a stunning reversal overturning an appeals court decision: Florida Supreme Court ruled that at least two greyhound tracks, including one in Palm Beach County and one in Daytona can operate satellite card rooms without live racing.