Atlantic City News - Page 50

The nation’s largest casino operator is under attack from all fronts as it struggles to restructure its gaming industry-high debt load of $22.8 billion.

What happened to all of the slot machines from the casinos that closed in Atlantic City?

Borgata Hotel Casino & Spa today announced details of the $13 million property-wide renovation.

Analysts don’t believe a fifth Philadelphia-area casino can thrive in what’s becoming an oversaturated market.

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.”

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.

Internet gaming proponents think the Golden State will erase doubts about the financial strength of the activity that is burdened by setbacks in New Jersey, Nevada and Delaware.

Golden Nugget Atlantic City adds second online casino to its Internet gaming permit.

Ultimate Gaming employees were told of the shutdown Friday morning.

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 has been in private talks with banks and lenders since September with the hopes of restructuring a portion of the debt.

It always staggers the Reel Life when anyone pays anything over $10 for a bottle of wine. Really, anything over $5 is pricey. Two Buck Chuck, anyone?

Boyd Gaming CEO Keith Smith said Thursday the company is working with advisors to understand the feasibility of the process.

A discrimination lawsuit filed by cocktail servers against Resorts Casino Hotel has been settled.

Decision expected today on sports leagues challenge to New Jersey allowing sports betting.

Glenn Staub files appeal in state bankruptcy court against outcome of Revel Casino auction.

A Powhatan, Virgina resident wins Caesars Entertainment jackpot in Three Card Poker 6 Card Bonus.

Atlantic City's remaining casinos had a better month this September than a year ago.

Players can win a $4,200 prize package and a shot at their share of a million from as little as $1.10 - online satellites running daily.

The Borgata's famous $1m Guaranteed poker tournament is just around the corner, and Intertops Poker and Juicy Stakes Poker have teamed up to offer players the chance to win a trip to Atlantic City to play in one of the biggest live events this fall.