North America News - Page 685
Blackstone gets preliminary nod to acquire Cosmopolitan of Las Vegas
4 December 2014
The Gaming Control Board recommended that Blackstone Group be licensed to acquire the four-year-old Strip hotel-casino, which has never turned an annual profit.
Golden Nugget Lake Charles near complete3 December 2014
The new Golden Nugget Casino in Lake Charles is nearing completion.
Millionaire minted with $1.2 Million jackpot at The Plaza Las Vegas3 December 2014
Lucky player won a whopping $1,200,557 on IGT Wheel of Fortune.
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?
Full House proxy fight ends, Lee named CEO2 December 2014
Veteran gaming executive Dan Lee was named CEO of regional casino operator Full House Resorts Monday.
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.
Canterbury Park Holding Corporation to explore real estate development adjacent to racetrack26 November 2014
Company enters into a non-binding Letter of Intent related to the development of underutilized property adjacent to its Minnesota racetrack.
Niagara casinos recognized as Top Employer26 November 2014
Fifth consecutive year that Niagara Casinos named one of Hamilton-Niagara's Top Employers.
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.
Casino Journal's Best New Table Game winners selected25 November 2014
The winners were voted on by qualified attendees who were required to sample each of the 20 new games entered in the competition.
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.
Inside Gaming: Internet poker in California shapes up as coveted prize24 November 2014
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.
Wynn Resorts: No federal investigation despite published reports24 November 2014
Wynn Resorts said it doesn’t believe it is under federal investigation despite published reports the casino operator is being targeted for potential money- laundering violations.
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.
Niagara Casinos raises $215,000 for United Way workplace campaign19 November 2014
Fallsview Casino Resort and Casino Niagara announced a $215,000 contribution to the United Way of Niagara Falls and Greater Fort Erie.
Turning Stone Resort Casino to create $100 million luxury retail outlet, entertainment facility19 November 2014
“The Next Big Thing” will mark Turning Stone’s fifth major expansion since the resort opened in 1993.
Mohegan Sun loses to Stadium Casino in Philadelphia casino license19 November 2014
Stadium Casino prevail in Philadelphia license bid beating out Mohegan Sun and three other proposals.
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