BILOXI, Miss. — A U.S. bankruptcy judge has given MVB Holding until midnight Oct. 27 to vacate the former Margaritaville Casino building and turn the keys over to the property owners.
Casinos & Gaming
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Shareholders of Las Vegas-based Bally Technologies will vote on accepting the company’s $5.1 billion buyout by Scientific Games Corp. on Nov., 18, the company announced Wednesday.
Management company Warner Gaming received initial approval Wednesday from state gaming regulators to take over the Horizon in Lake Tahoe and transform the shuttered hotel-casino into a Hard Rock-branded property.
LONDON — Ten-time World Series of Poker winner Phil Ivey has lost his case against a British casino he accused of improperly withholding his winnings.
Since Secaucus, N.J., “no longer smells like pig farms,” Sheldon Adelson wouldn’t mind building a casino in the nearby Meadowlands sports complex.
An affiliate of Brookfield Asset Management got court approval to buy Atlantic City’s shuttered Revel for $110 million in cash on Tuesday after a judge rejected complaints the auction for the bankrupt complex was tainted.
The Culinary union has scheduled a march and rally through the streets of Summerlin against Station Casinos for Thursday afternoon — the same time as the highly anticipated opening of Downtown Summerlin.
Phil Ivey, a 10-time World Series of Poker winner, said he did not cheat when he won nearly $22 million playing baccarat at casinos in New Jersey and London.
Macau’s casino market suffered its largest gaming revenue decline in more than five years during September.
Bob Scucci, the director of race and sports for Boyd Gaming Corp., said the company’s recent launch of its mobile wagering application could bring more gamblers into the fold.
On the surface, the lines between the commercial casino industry and Indian gaming are evaporating. But in terms of gaming revenue, the lines of division are pretty solid.
New York state government makes more off of gambling than Nevada, New Jersey or any other state. But it spends far less than its peers to fight gambling addiction.
A Delaware bankruptcy judge denied on Friday a request by Trump Entertainment Resorts to be relieved of its pension obligations under a collective bargaining agreement with union workers at the Taj Mahal casino in Atlantic City.
The Millennials, born between 1982 and 2004, is now the largest living generation of consumers. One analyst said it’s important for casino company executives to consider the values of Millennials if they want them as customers.
Global Cash Access CEO Ram Chary believes some opinions in the investment community might be off a bit when it concerns the company’s planned $1.2 billion acquisition of slot machine manufacturer Multimedia Games.
