Battered Atlantic City seeks to reinvent itself as destination resort
The Boardwalk can’t catch a break. For the past two decades, Atlantic City’s casino industry has been under siege from gaming competition in neighboring states.
Casinos & Gaming
Renovation of Golden Nugget Atlantic City spurs widespread praise
Landry’s Inc. paid $38 million two years ago to acquire the rundown, money-losing Trump Marina, and analysts immediately predicted the gaming market’s demise. A few years earlier Trump Marina had been valued as high as $315 million.
New leadership hopes to revitalize Revel in Atlantic City
The opening of the $2.4 billion Revel on the northern end of the Boardwalk in April 2012 was one of the most anticipated events in the market since 2003, when the Borgata was unveiled.
California regulators to rule on Galaxy Gaming, CEO's suitability
The California Gambling Control Commission has set a July 11 hearing to determine if Galaxy Gaming California LLC, a subsidiary of Las Vegas-based Galaxy Gaming Inc., and its CEO Robert Saucier are suitable to continue doing business in the Golden State.
Riviera reports $7.5 million first quarter loss
The owner of the Riviera posted a modest first-quarter loss as the company experienced a major decline in walk-in traffic because of its location on the north end of the Strip near the dormant Resorts World Las Vegas, Fontainebleau and the SLS Las Vegas project.
Terrible's Casino to become Silver Sevens Hotel & Casino
Affinity Gaming will begin the process next week of renovating the company’s off-Strip Terrible’s Casino at the corner of Paradise and East Flamingo roads to a new name — Silver Sevens Hotel & Casino.
Toronto casino project that drew Nevada interest appears dead
A downtown Toronto resort complex that attracted the interest of Nevada’s largest casino operators appeared dead Friday after the city’s mayor canceled a vote scheduled for next week on the multi-billion dollar development.
Sandoval: Deals with other states on Web poker possible
Gov. Brian Sandoval said Thursday he has held preliminary talks with other state governors on partnering with Nevada on Internet poker.
Nevada Gaming Commission approves Pinnacle, Ameristar merger
The Nevada Gaming Commission on Thursday unanimously approved Pinnacle Entertainment Inc.’s $869 million merger with rival Ameristar Casinos Inc.
The Cosmopolitan continues slow, steady climb toward profitability
Even before The Cosmopolitan of Las Vegas opened in December 2010, analysts were debating how long it would take for the most expensive casino ever built on the Strip to turn a profit.
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London casino accuses poker star Phil Ivey of cheating at baccarat
LONDON — Casino giant Genting Group is accusing poker champion Phil Ivey of amassing millions of dollars in winnings by cheating at a version of baccarat.
Wynn reiterates: Nevada casinos 'in ill health'
Wynn Resorts Ltd. Chairman Steve Wynn defended his recent remarks to Nevada lawmakers on the health of the gaming industry while voicing support for a broad-based tax on all companies and businesses earning more than $1 million annually.
Affinity shareholders vote to expand board
Shareholders of Affinity Gaming voted Tuesday to expand the Las Vegas-based casino operator’s board of directors from five members to seven.
Station Casinos reports loss, sees revenues dip
Station Casinos said Tuesday the company’s net revenues fell 2 percent in the first quarter as customers, feeling the effects of increased taxes and delays to federal tax refunds, gambled less.
William Hill to operate sports book at Downtown Grand
Fifth Street Gaming, developer and operator of the Downtown Grand, has signed a long-term agreement with William Hill to operate a race and sports book at the downtown Las Vegas casino, the company said Tuesday.
Challenge emerges after jurors return $70 million verdict against Las Vegas Sands
In a verdict challenged just four minutes after it was read, a 12-person jury awarded Hong Kong businessman Richard Suen $70 million for the consulting work he did a dozen years ago to help Las Vegas Sands Corp. enter the booming Macau market.
Dubai World official says it would be willing to sell shares in MGM Resorts
One of the largest shareholders in MGM Resorts International said Tuesday it would be willing to sell its stake in the hotel-casino operator for the right price.
Ultimate Poker, unlicensed service provider relationship probed
State gaming regulators are looking into the relationship between 2-week-old Internet poker website Ultimate Poker and an unlicensed service provider used to identify new players.
Affinity Gaming gains breathing room in shareholder fight
Affinity Gaming gained limited breathing space Monday in its on-going legal battle with largest shareholder Z Capital Partners.
Juror in Las Vegas Sands trial asks to be kept separate
Jury deliberations in the Richard Suen case were interrupted on Monday afternoon after one of the jurors sent Clark County District Judge Rob Bare a note asking to be kept separate from the rest of the jury.
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