Maryland News - Page 14
Maryland bill would decriminalize gambling at home
23 February 2015
A bill before the state legislature could legalize in home gambling.
Small merger may signal big changes11 February 2015
The transaction between Nevada’s largest tavern owner/slot machine route operator and the Minnesota-based casino company might signal consolidation in the regional gaming market.
Maryland casino revenue declines6 February 2015
Maryland's casinos report revenue decline of 8 percent for January.
Baltimore casinos can reduce slots30 January 2015
Maryland Live! and Horseshoe Casino secure approval to decrease slot numbers and increase table games.
Golden Gaming to merge with Lakes Entertainment, acquire Maryland casino28 January 2015
The newly named company will be called Golden Entertainment and will be traded on the Nasdaq replacing Lakes' current listing.
Horseshoe, Maryland Live casinos seek changes in slot machine numbers21 January 2015
Maryland Live and Horseshoe Baltimore want to trade slot machines for table games.
Wicomico county resident wins $607,739 IGT MegaHits Jackpot at Casino at Ocean Downs19 January 2015
Maryland woman recently hit it big when she scored a $607,739 jackpot on the Megablast MegaHits machine at the Casino at Ocean Downs.
Maryland Casinos generate $85.6 Million in revenue during December7 January 2015
December 2014 casino revenue increased from December 2013 by 31.7%.
Inside Gaming: The shape of things to come for Caesars31 December 2014
It’s abundantly clear Caesars Growth Partners is key to the planned bankruptcy restructuring of overly leveraged affiliate Caesars Entertainment Operating Co.
INSIDE GAMING: Deconstructing the Harmon Hotel mess29 December 2014
As 2014 draws to a close, MGM Resorts is on an upswing.
Maryland Casinos generate $90.2 million in revenue during November8 December 2014
November 2014’s combined statewide revenue totaled $90,170,865.
MGM Resorts raises $1.15 billion of new debt26 November 2014
The casino operator said the funds will be used primarily for development costs surrounding the company’s casino projects in Massachusetts and Maryland.
Caesars calls latest default notice 'meritless'25 November 2014
On Monday, Caesars said it received a default notice last week from UMB Bank related to its senior-secured notes covering CEOC. Caesars said it “does not believe that a default or an event of default has occurred.”
Analysts favor Caesars move to put key unit into REIT24 November 2014
Fitch Ratings Service said in a report, however, the spinoff won’t prevent Caesars from having to go through bankruptcy reorganization to restructure its $22.8 billion debt.
MGM Resorts seeking to raise $1 billion in new debt21 November 2014
The company, which already carries $11.7 billion in long-term debt, said the new debt would come due in 2023.
Caesars to trim nationwide workforce by less than 1 percent14 November 2014
The company, which operates nearly 40 casinos in 14 U.S. states and the Canadian province of Ontario, is attempting to restructure its gaming industry-high $22.8 billion debt.
Caesars Entertainment posts $908.1 million loss in Q311 November 2014
In the quarter that ended Sept. 30, Caesars said its debt was $22.88 billion, down from $24.2 billion at the end of June.
Timing right for suitors to pursue Full House29 October 2014
A group of Full House investors, led by former Pinnacle Entertainment CEO Dan Lee, predicts better days for the casino operator if it can remake the board and map out a new direction.
Phelps allegedly visited casino before DUI arrest3 October 2014
Michael Phelps was allegedly at the Horseshoe Casino Baltimore for 8 hours prior to being arrested for DUI.
Horseshoe Casino presence felt by Maryland Live26 September 2014
Horseshoe Casino Baltimore new presence is being felt by the competition.
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