Representatives of Caesars Entertainment Corp. announced that the company has made yet another attempt to win over the junior bondholders of the bankrupt division. The company has offered them a financial package with the aim of convincing them consider a restructuring deal.W ...
After all, Stockton University might be able to sell the shuttered Showboat casino without being involved in any legal issues.Back in 2014, Stockton bought the former casino venue with the aim of turning it into a college campus but the project met the fierce opposition of t ...
The long-awaited decision of the Queensland government as to whether James Packer’s Crown Resorts or Echo Entertainment to be granted a license for the construction of a casino in the area was announced mere hours ago.Echo Entertainment is the company allowed to procee ...
The UK-based betting and gaming company Ladbrokes announced that it was about to ink a deal with another popular provider of gaming products and services – Gala Coral. The agreement between the two gaming giants was expected to be closed sometime in future.Details about the p ...
Reportedly, organized crime figures have been told not to enter the premises of Jupiters Hotel & Casino in the Australian Gold Coast. The property is run by Echo Entertainment Group, one of Australia’s major gambling operators.Local media suggested the gaming giant ...
Members of UNITE HERE Local 54, known to be the biggest casino workers labor union in Atlantic City, voted in favor of a potential strike at the struggling Trump Taj Mahal.According to the information released, about 80% or 1,000 members of Local 54 cast a positive vote, thus ...
Gibraltar-headquartered online gambling operator 888 Holdings announced earlier today a £898-million deal for the purchase of rival gaming company bwin.party digital entertainment plc.Earlier this year, 888 rejected a takeover bid by British operator William Hill. As for bwin ...
Maine lawmakers voted on Thursday to delay action on two proposed legislations for the establishment of new casinos in the state to January 2016, when the Legislature is scheduled to reconvene.This was the third legislative session that the two bills were neither signed into ...
Late on Wednesday, Cripple Creek officials gave their approval for seven of all nine casinos in the city to be allowed to serve alcoholic beverages 24 hours a day.Following the latest announcements, Mayor Bruce Brown said that they would do what is necessary in order to boost ...
Gambling operator MGM Resorts International said on Wednesday that it would do its best to stop the establishment of a tribal casino in Connecticut that would be intended to compete with the Las Vegas-based company’s property in Springfield, Massachusetts.William Hornbu ...
All hopes for a November vote on the potential construction of casinos in North Jersey are gone now, as State Senate President Steve Sweeney said on Tuesday that there is not enough time for legislators to discuss the matter.New Jersey lawmakers were to vote on a proposed leg ...
Aquinnah officials called for a temporary restraining order that would prevent the Aquinnah Wampanoag Tribe of Gay Head from proceeding with the construction of a gambling venue on the Martha’s Vineyard island.According to the town, the tribe needs to wait for a judge t ...
British online gambling operator 32Red announced today that it is to acquire online casino business Roxy Palace for the total amount of £8.4 million. According to the information released, 32Red would pay £2 million in cash and would issue 10 million new shares.Roxy Palace wa ...
The city of Boston claims in its newest court filings that Wynn Resorts representatives were well-aware that a convicted felon would benefit from his stake in the land where the Las Vegas-based gambling operator is to build its Everett casino.Boston and the Massachusetts Gam ...
Lago Resort & Casino, one of the three casinos backed by the New York Gaming Facility Location Board last December, is currently facing a major hurdle. Rochester-based developer Thomas Wilmot said in a Monday statement that construction on the casino site had been suspended f ...
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