Just as CEO Jim Murren predicted last week, MGM Resorts International (MGM) seemed assured Monday morning of being branded “suitable” to receive a casino license for a project to be located in Springfield, Mass.
All it took was for Tokyo to be designated as the site for the 2020 Olympics to push lawmakers into approving casino gambling. Analysts have estimated casinos would vault Japan to the world’s second largest casino revenue generator behind Macau.
After 10 years of struggling, the first official step toward the construction of a new home for NFL’s Minnesota Vikings was taken last week with a formal groundbreaking in downtown Minneapolis.
Proof that the U.S. Congress is not completely ignoring Internet gambling will come on Tuesday, Dec. 10, when the subject will be discussed by the Subcommittee on Commerce, Manufacturing and Trade.
Caesars Entertainment Corp. (CZR) has advised its investors that the Internet gambling currently underway in New Jersey “might hurt,” rather than help, its brick and mortar casinos.
The 2013 Global Gaming Conference (G2E) was the biggest since 2008, attracting nearly 16,250 attendees, an increase of 3 percent over the 2012 event, according to the American Gaming Association (AGA), which sponsors the Las Vegas event.
The Maryland Horse Council has voted to support the effort of Rosecroft Raceway management to receive the casino license the state will allocate for Prince Georges County.
For more than two decades, the community of D’Iberville, Mississippi, has seen a succession of casino developers with projects under their arms, only to see them pack up and move on. Not so, this time, however.
Tim Poster, former partner of Ultimate Gaming’s Tom Breitling in the ownership of the Golden Nugget Hotel/Casino in downtown Las Vegas, failed to receive the support of the Nevada Gaming Control Board at a meeting last week.
Will the introduction of online gambling save Delaware’s casinos from the competitive pressures being supplied by nearby states? That will be one of the questions reviewed by a special commission examining how to address growing competition.
While New Hampshire awaits the results of a gambling study committee, two anti-gambling groups, The Granite State Coalition Against Expanded Gambling and Casino Free New Hampshire, are joining forces to fight efforts to legalize casinos.
Massachusetts Gov. Deval Patrick has filed a lawsuit aimed at blocking the Martha’s Vineyard-based Aquinnah Wampanoag tribe from opening a small casino on the island.
Read the latest casino industry news bites about MGM Resorts International (MGM), Wynn Resorts Ltd. (WYNN), Penn National Gaming Inc. (PENN), International Game Technology (IGT) and so much more.
On Monday, Gaming and Leisure Properties Inc. announced it was acquiring the real estate assets associated with the Casino Queen in East St. Louis, Illinois, a gambling enterprise that included Las Vegan Michael Gaughan among its original investors.
The Atlantic Club Casino Hotel has laid out its assets and liabilities for the court. The casino formerly known as the Atlantic City Hilton listed assets, excluding real property, of $17.1 million and liabilities of $16.8 million.
More potential competitors for upstate New York casino licenses are emerging despite an increasingly crowded Northeast market. New York officials will begin awarding casino licenses next year.
Macau has caught the eye of the Massachusetts Gaming Commission as they complete background checks on MGM Resorts International and Wynn Resorts.
The Laguna Pueblo is raising concerns about a provision in the Navajo Nation’s proposed new gaming compact with the state of New Mexico that would let the Navajos have two additional casinos.
A special gambling panel charged with developing regulations for a future casino voted to recommend that New Hampshire legalize one casino with up to 5,000 video slots and 150 table games.
Total revenue from slot machines in Pennsylvania casinos is down more than 1 percent from a year ago. The Pennsylvania Gaming Control Board said revenue fell 1.3 percent in November compared to the same month in 2012.
Welcome to our casino industry news section. Find the latest information about casino buyouts, casinos, build outs or bankruptcies. Our casino industry news covers big movers in gambling such as MGM Resorts International (MGM), Las Vegas Sands (LVS), Penn National (PENN), Station Casinos, Caesars Entertainment and more in places like Macau, Singapore, regional casinos around the United States as well as our own Las Vegas.