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MGM’s plan for north Strip concerts, fairs slated to move ahead

MGM Resorts International’s plan to bring concerts, fairs and other outdoor events to the northern edge of the Strip in hopes of capitalizing on the growth of outdoor-oriented attractions along the resort corridor will move ahead next week.

 
Money disappears, no illusions

Gambling just got a little more magical as prestidigitator David Copperfield unveiled a slot machine in his own image Thursday at the MGM Grand.

N.Y. racinos eyeing longer hours amid competition

ALBANY, N.Y. — Visitors to New York’s racetrack casinos may soon be able to gamble until the sun comes up under a proposal to let racinos stay open until 6 a.m.

Penn National abandons Philly casino proposal

PHILADELPHIA — Penn National Gaming Inc. has abandoned its bid to build a $480 million casino in south Philadelphia, leaving four applicants still in the running for the city’s second casino license.

Bally Technologies trims 270 jobs

Slot machine giant Bally Technologies became the second gaming equipment manufacturer this year to lay off a portion of its global workforce, but said Friday the move was associated with its $1.3 billion purchase of a rival rather than poor sales numbers.

Caesars to close Showboat in Atlantic City on Aug. 31

Caesars Entertainment Corp. said Friday it would close one of four casinos the Las Vegas-based company operates in Atlantic City, shutting down operations of the Showboat on Aug. 31.

Caesars CEO eyes debt deal, says can finance Japan foray

TOKYO — Caesars Entertainment Corp. will likely agree to a debt restructuring with bondholders within a year and should have no problem financing a foray into the Japanese market, the debt-strapped casino operator’s chief executive said on Thursday.

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