New Jersey News - Page 57
Casino City Gang: Is it clean yet?
15 January 2015
Casino City's Vin Narayanan and Aaron Todd examine the burgeoning debate on whether betting on fantasy sports is gambling or not, Amaya Gaming's decision to look at possibly selling its B2B business and the WSOP and 888 sharing player liquidity in New Jersey. They also pick the NFC and AFC championship games as the NFL season winds down.
Caesars places largest operating division into bankruptcy15 January 2015
The pre-packaged filing covering Caesars Entertainment Operating Co. has been agreed upon by 80 percent of the company's senior bondholders.
Straub says water park on the cards for Revel9 January 2015
Revel Casino purchaser reveals his plan for a water park attraction.
Revel sale approved5 January 2015
The sale of the Revel has been approved but now faces new challenges from the proposed purchaser.
Major events underscore business news in Las Vegas in 201429 December 2014
Whatever this state does, it does big. When it booms, it leads the nation in growth. When it busts, well — that’s epic, too.
INSIDE GAMING: Deconstructing the Harmon Hotel mess29 December 2014
As 2014 draws to a close, MGM Resorts is on an upswing.
Text for Help program introduced in New Jersey24 December 2014
An innovative "Text for Help" program has been introduction for problem gamblers or anyone facing addiction.
Trump Taj Mahal casino could stay open another year22 December 2014
A one year lifeline could yet be possible for the Trump Taj Mahal, as Icahn offers to invest.
Caesars skips $225 million interest payment16 December 2014
The interest payment, due on second-tier debt covering its Caesars Entertainment Operating Co., business unit, has a 30-day grace period.
Atlantic City revenues both up and down15 December 2014
New Jersey total gaming win up 11.5 percent for November but online gambling revenue down from last month.
Caesars says several creditors leave talks over restructuring debt15 December 2014
Shares of Caesars, traded in Nasdaq, fell $2.03 or 13.66 percent to close at $12.83.
Atlantic City saw $120 million in online gambling revenue12 December 2014
Online gambling has not proved the panacea to Atlantic City's economic woes in its first year.
New Jersey may introduce tougher restrictions for online casinos5 December 2014
Assemblyman Ralph. R. Caputo yesterday introduced Bill # 3894 which will require Internet gaming affiliates to be licensed as casinos.
Many come to bury Caesars, not to praise the casino company3 December 2014
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.
Ask the Slot Expert: What happens to the slot machines when a casino closes?3 December 2014
What happened to all of the slot machines from the casinos that closed in Atlantic City?
Borgata Hotel Casino & Spa announces plans for $13 million renovation1 December 2014
Borgata Hotel Casino & Spa today announced details of the $13 million property-wide renovation.
Analyst: Philadelphia doesn't need another casino1 December 2014
Analysts don’t believe a fifth Philadelphia-area casino can thrive in what’s becoming an oversaturated market.
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.”
New Jersey sports betting law blocked24 November 2014
New Jersey back in the trenches again as federal Judge blocks sports betting law.
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.
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