Caesars Entertainment Corp. said Tuesday its bankrupt operating division turned a profit of $29.1 million in July, according to a securities filing.
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Macau’s gaming revenue free-fall continued through August as the Chinese casino market suffered its 15th straight monthly decline.
Apparently, slot machine players were onto something. The games have gotten tighter.
BILOXI, Miss. — John Ferrucci recalls standing at the Broadwater Marina on a humid, late summer morning in August 2005, trying to determine the best way to slip the moorings of the President Casino barge and float it 35 miles west to Hancock County, where it would reopen as the Silver Slipper.
NEW ORLEANS — The most noticeable change in The Big Easy casino market 10 years after Hurricane Katrina is the 14-foot-high concrete-and-steel wall that encircles Boomtown New Orleans.
Hurricane Katrina wiped out the nation’s third-largest gaming market along the Mississippi Gulf Coast 10 years ago today, washing away 13 casinos and 17,000 gaming industry jobs. Some casino workers, who lost their homes and all their possessions, left the Gulf Coast forever.
July’s gaming revenue totals on the Strip have left analysts wondering if the baccarat troubles in Macau have infiltrated Nevada.
A New York federal judge on Thursday denied a legal request by Caesars Entertainment Corp. bondholders that could have sent the entire casino company into bankruptcy.
A man wanted by police in connection with several casino heists was high on cocaine when police shot and killed him at the Rio last December, a Metro detective testified Monday.
Talk about timing. A Las Vegas-based gaming company found itself front and center during one of stock market’s wildest days on record.