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Casinos & Gaming
BOSTON — Wynn Resorts is redesigning its proposed $1.6 billion resort casino in Everett and has scheduled a public meeting to discuss its cleanup plan for the heavily polluted former chemical plant site.
M Resort owner Penn National Gaming said revenue and profits declined in the third quarter as regional gaming markets across the U.S. continued to under-perform.
ATLANTIC CITY — Trump Entertainment Resorts is dropping its threat to close Atlantic City’s Taj Mahal casino on Nov. 13.
ATLANTIC CITY — The CEO of Caesars Entertainment said Wednesday a new $125 million meeting center his company is building will help define Atlantic City’s future, even as he pointedly refused to say whether his company is done closing casinos there.
Caesars Entertainment Corp. is angling to build a $1 billion hotel-casino development in the Philippines in an effort to break into the Asian gaming market.
Regional casino operator Full House Resorts put itself up for sale Wednesday, more than a week after a shareholder group surfaced that was seeking to remake the Las Vegas-based company’s board and management.
To paraphrase Monty Python, gaming expansion in Japan is apparently not dead yet. That’s good news to some of the world’s biggest casino operators, who view the Land of the Rising Sun as the Holy Grail.
TRENTON, N.J. — The four major U.S. pro sports leagues and the NCAA on Tuesday again urged a judge to stop the state from allowing legalized sports betting this weekend.
BOSTON — Casino companies that have been awarded licenses in Massachusetts donated $4.5 million this month to a group fighting repeal of the state’s casino gambling law, according to campaign finance records.
A trust set up by the late CEO of casino operator Full House Resorts is siding with a group of shareholders looking to remake the board of the Las Vegas-based company.
Downtown Project Tuesday morning unveiled a new 44-room, nongaming boutique hotel named Oasis at its Gold Spike property, creating the first hotel in its development portfolio.
Calling their conduct “constitutionally abhorrent,” a federal judge recently chided government prosecutors for working in secret to keep millions of dollars in cash and assets seized from a Las Vegas gambler and his family in a decade-long bookmaking investigation.
A year ago, Las Vegas Sands Corp. was looking to sell its Pennsylvania hotel-casino complex, housed on the historic site of the long-closed Bethlehem Steel Mill. Now, the company is prepared to invest $800 million into the development.
In 2009, MGM Mirage Corp. was downsizing its communications staff as the recession tightened its grip on the company, the gaming industry and the community. Reggie Burton who oversaw corporate and community affairs, decided to start his own boutique public relations and consulting business.
TRENTON, N.J. — New Jersey is moving ahead with plans to permit betting on sports in the state, and a racetrack said it will start taking bets next weekend. But legal challenges could stall the rollout.
The Trump Taj Mahal may survive after all, but it’s likely to do so with angry employees.
Caesars Entertainment said it would begin talks with bank creditors in order to re-work portions of the casino operator’s $24.2 billion debt.
MGM Resorts International said Thursday it agreed to sell the Gold Strike in Jean to JETT Gaming, a company owned by members of the Herbst family.
TOKYO — Japan’s pro-casino lawmakers have agreed to consider setting limits on Japanese nationals’ entry to casinos, bowing to pressure from opponents who threatened to block a legalization bill unless it addressed issues such as gambling addiction.
ATLANTIC CITY — The loss of four casinos began to show up in Atlantic City’s gambling revenues in September, which were nearly 13 percent less than they were a year ago before the lights started going out.
Las Vegas Sands Corp. shrugged off the declining Macau gaming market during the third quarter, saying Wednesday that companywide net income increased 7.2 percent.
The $5.1 billion buyout of slot machine giant Bally Technologies by lottery provider Scientific Games Corp. could lead to a 21 percent reduction in the combined companies’ non-manufacturing and production workforce.
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