Louisiana News - Page 11

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Caesars reverses net loss, reporting 17.4% revenue increase

5 August 2015

Including the properties managed under the Caesars Entertainment Operating Company, which is in bankruptcy, the conglomerate would still report a net revenue increase of 8%.

Penn National Gaming to acquire Prairie State Gaming

31 July 2015

Penn National Gaming has entered into a definitive agreement to acquire the Illinois-based VGT operator in an all-cash transaction expected to close later this quarter.

Investors show new love for regional casino markets

27 July 2015

The Lake Charles, Louisiana market is leading the way in making the investment community do a 180-degree turn on U.S. gaming operators.

New Orleans revenue drop, smoking ban blamed

24 July 2015

Smoking ban causes 30 percent drop in Harrah's New Orleans revenue.

Caesars reaches restructuring agreement with second-tier creditors

22 July 2015

Caesars Entertainment Corp. has made a deal with a group of creditors that would improve their recovery prospects when the bankruptcy reorganization is completed.

GLPI reaches agreement with Pinnacle to acquire real estate assets

21 July 2015

Gaming and Leisure Properties, Inc., will acquire nearly all of Pinnacle's real estate properties, and the properties will be spun off into separate property and operating companies.

Caesars Interactive levels up with Mitch Garber at the helm

13 July 2015

Caesars Interactive, owner of the World Series of Poker, has surpassed Zynga in terms of social gaming revenue.

Nevada regulators recommend Full House CEO for gaming license

9 July 2015

Dan Lee, who took over Full House Resorts seven months ago, was recommended for a gaming license by the Nevada Gaming Control Board on Wednesday.

Boyd Gaming announces $45 million expansion at Delta Downs

1 July 2015

The company will use the money to add a hotel tower and other amenities to its western Louisiana race track casino.

Caesars shares punished after judge's ruling favors creditors

3 June 2015

On Monday, Caesars' shares declined 16 percent in the first trading day after Bloomberg News reported a federal judge handed a small victory to creditors seeking to collect $750 million from the casino company's bankrupt operating division.

Harrah's New Orleans not permitted to cut jobs

13 May 2015

Senate committee votes down bill that could have allowed Harrah's New Orleans to reduce job numbers.

New Orleans rejects Harrah's smoking ban delay

10 April 2015

Casinos redefined under Smoke Free Air Act to include any facility that operates slots, pari-mutuel wagering and off-track wagering.

Inside Gaming: Optimistic CEO Dan Lee sees opportunities for Full House that are invisible to others

30 March 2015

Dan Lee compared himself to the little boy who came downstairs one Christmas morning hoping to find a pony.

Lake Charles casinos revenue marked increase for Feb

20 March 2015

Lake Charles three casinos revenue is soundly up.

Inside Gaming: New Orleans readies smoking ban, but it won't happen here

18 March 2015

Next month, New Orleans will ban smoking in most public venues within Orleans Parish, including bars, hotels, sports stadiums and restaurants. Harrah’s New Orleans is also on the no-smoking list.

Caesars says lawsuits raise 'going concern' doubts

18 March 2015

In the company’s year-end SEC filing, Caesars said the numerous lawsuits are related to transactions the company has made with its Caesars Entertainment Operating Co., going back to 2010.

Caesars attorney says company 'looking seriously' at lost pension payments

12 March 2015

The retirement plans were offered by businesses that were subsequently acquired by Harrah’s Entertainment in the company’s 2005 buyout of Caesars Entertainment for $9 billion.

Profits decline slightly for Pinnacle in the fourth quarter

13 February 2015

Pinnacle said its net income was $14.5 million, or 24 cents per share, for the quarter ended Dec. 31, down from net income of $14.8 million, or 25 cents per share, a year earlier.

Inside Gaming: Will falling gas prices, rising consumer confidence help regional casinos?

2 February 2015

Whether this translates into more dollars in casino drop boxes is still up for debate.

New Orleans Mayor signs smoking ban into law

30 January 2015

New Orleans Mayor has signed a smoking ban into law today.

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