Atlantic City News - Page 43

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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.

Union members vote to support strike at Taj Mahal

20 July 2015

Union workers vote to support a strike at Taj Mahal over the loss of benefits.

Tropicana's 8th Annual Taste of the Quarter will benefit United Way

16 July 2015

The event allows guests to sample food and drink from nearly every restaurant in the Tropicana for one flat ticket price.

Inside Gaming: Atlantic City to pay Borgata $63 million in tax refunds -- but how?

15 July 2015

A New Jersey appellate court upheld a ruling that financially strapped Atlantic City had overcharged the Borgata in property taxes.

Tropicana debuts new 10 North Lounge

13 July 2015

The new lounges features bar-top slots, local wines and beers, and several signature cocktails.

Tropicana brings live entertainment to Blue Parrot Pool Bar

10 July 2015

The first band to play the venue will be the reggae group SensaMotion on July 11.

Inside Gaming: At SLS Las Vegas, things may get worse before they get better

6 July 2015

At the end of its first year of operation, the casino is cut off from Strip walk-in traffic and is rapidly losing money.

Mark Frissora takes over as CEO of Caesars Entertainment

2 July 2015

Gary Loveman, the former CEO, will stay on as company chairman and oversee the corporation's bankruptcy restructuring.

Caesars Entertainment Operating Co. sees net revenue of $53 million for May

30 June 2015

The operating divisions of Caesars Entertainment Corp., which went into bankruptcy in January, has been filing monthly operating reports as part of its reorganization.

Boogie Nights at Tropicana hosts superhero-themed HERO Campaign event

24 June 2015

Tropicana's usual Thursday night '90s Night is being taken over by superheroes in a fundraiser for the drunk driving awareness campaign.

Top 10 Fourth of July resort-casino activities

22 June 2015

Casino City's Aaron Todd gets you ready for Independence Day with a few casino-related suggestions, like taking a trip to Tunica or playing high-stakes bingo at Foxwoods.

Atlantic City: 68 casino workers arrested at protest

19 June 2015

Protest sees 68 casino workers arrested outside Taj Mahal.

Casinos filing more suspicious activity reports, prosecutor says

19 June 2015

Even though casinos are reporting customers' suspicious activity more frequently, one federal prosecutor believes more can be accomplished through a "culture of compliance."

Boyd Gaming optimistic about Las Vegas locals market

15 June 2015

Boyd Gaming CEO Keith Smith says the area's economy is improving and cites growth in gaming and nongaming revenue in the past quarter.

Tropicana Online jackpot hit twice in three weeks

12 June 2015

Tropicana Casino Online's "Wonderland" slot paid out progressive jackpots on May 22 and June 8.

Inside Gaming: Amaya poised for NASDAQ listing, but its Web gaming products still beyond reach

8 June 2015

Amaya CEO David Baazov told Canada's Globe and Mail that the NASDAQ listing "will provide greater visibility and better liquidity for our stock and help broaden our shareholder base."

Caesars stock hits 52-week low as company seeks to stop bankruptcy litigation

8 June 2015

While Caesars's operating division is already in bankruptcy proceedings, the current litigation could derail its restructuring process and force the whole company into bankruptcy protection.

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.

Analysts predict more casinos could close in Atlantic City

29 May 2015

Analysts are predicting more gloom for Atlantic City casinos.

No sign of Revel reopening this summer

27 May 2015

No sign of Revel reopening this summer but Straub hopes to have an indoor waterpark operational by November.

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