New Jersey News - Page 59

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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.

Virgin Casino launches nation's first licensed 90 Ball Bingo game for players in New Jersey

9 March 2015

Virgin Casino launch 90 Ball Bingo online to New Jersey players.

Inside Gaming: Real estate investment trust concept could happen for MGM Resorts

9 March 2015

The gaming industry has embraced REITs, which, by law, don’t pay federal income taxes.

Caesars narrows loss, offers little details on bankruptcy

9 March 2015

Caesars Chairman and CEO Gary Loveman said he wouldn’t answer questions regarding the status of the restructuring of Caesars Entertainment Operating Co.

Borgata to develop two entertainment venues to debut in 2015

4 March 2015

Borgata to build an outdoor entertainment venue and nightclub later this year.

Revel bankruptcy: Power company want status changed

2 March 2015

Power company owed millions by bankrupt Revel Casino apply to have property status changed to Chapter 7 from Chapter 11 bankruptcy.

Monmouth Park breaks ground on 7,500 seat amphitheater

2 March 2015

Monmouth Park broke ground last week on its new amphitheater.

Caesars sells 20 percent interest in Ohio casinos

27 February 2015

Caesars will continue to manage the properties, which will remain part of the company’s Total Rewards player loyalty program.

Caesars denies another request from second-level bond holder

24 February 2015

In a filing with the SEC Monday, Caesars said BOKF N.A. asked for payment on $750 million in debt plus interest. Caesars said it turned down the payment demand.

New Jersey expands responsible gambling services

23 February 2015

Online self-exclusion registration application allows citizens to voluntarily remove themselves from online gambling activities.

Inside Gaming: How would legalizing U.S. sports betting change Nevada's industry?

23 February 2015

If legal sports books pop up in California Indian casinos, for example, would the Strip’s high-end gambling facilities dry up?

New Jersey introduces online self-exclusion

20 February 2015

New system in place will allow gamblers to ban themselves from online casinos.

Judge rules Revel deal can be dismissed

20 February 2015

A federal judge ruled today that Revel can ditch on its sale deal with Glenn Straub.

Caesars again rebuffs debt holders' request for payment

19 February 2015

In a filing Wednesday with the SEC, Caesars dismissed as “meritless” a request from the Wilmington Savings Fund Society for immediate payment of $3.68 billion in principal and $185 million in interest.

Resorts Casino to launch online gaming

18 February 2015

Resorts Casino Hotel will launch online gaming at the end of this month with over 120 slot and table games.

Revel deal may die

16 February 2015

Property developer Glenn Straub's proposed purchase of the Revel Casino Hotel faces court hearing tomorrow.

Inside Gaming: Online lotteries flourish after 2011 change in Wire Act

16 February 2015

A study released this month by GamblingCompliance.com found Internet lottery is expanding on a much faster pace than Internet casino gaming.

Judge says gamblers owe casino winnings after mishap

13 February 2015

Gamblers must pay casino winnings back after card deck was not shuffled.

Boyd Gaming narrows net loss in fourth quarter

13 February 2015

Boyd Gaming said its net loss for the fourth quarter was $32.4 million, or 29 cents per share. A year ago, the company lost $47.3 million, or 43 cents per share.

Caesars new CEO to earn $1.8 million, eligible for bonus

5 February 2015

Mark Frissora can earn up to 150 percent of his base salary in bonus pay, has use of the company aircraft, and will receive “certain relocation benefits” for moving to Las Vegas, the SEC filing said.

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