North America News - Page 698

Horseshoe Southern Indiana has temporarily closed its hotel due to rising river level but the casino remains open.

Gaming and Leisure Properties Inc. said in a statement the proposed transaction would create the third-largest triple-net REIT by enterprise value.

Small measles outbreak at MGM Grand Hotel and Casino.

Buffalo has been ranked as the best-earning slot machine game in the U.S. casino market for the past three years by Goldman Sachs in the Wall Street investment firm’s annual survey.

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

U.S. District Judge Andrew Gordon immediately sentenced Phua, 23, to five years of unsupervised probation on condition he stay out of the United States during that period.

The company said Tuesday it closed on a 1.75-acre site that was purchased from the Massachusetts Bay Transportation Authority for $6 million.

Gov. Brian Sandoval’s $1.1 billion tax package to fund education and other services includes a new slot machine tax on restricted gaming license holders with more than 500 machines or revenue of $10 million or more.

In a proxy filing with the Securities and Exchange Commission, Wynn Resorts said it was reducing its Class I board members from three to two and said the board decided not to renominate Wynn to serve as a director.

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

Second hotel with 400 rooms being added to the flagship property in Uncasville, Connecticut.

Construction to commence at Scioto Downs Racino of $5.9 million microbrewery and restaurant that is expected to open by the fourth quarter of 2015.

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

For the second time in less than one week, a slot player at Pechanga Resort & Casino in Temecula, Calif. has hit a mega jackpot.

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

Monmouth Park broke ground last week on its new amphitheater.

Foxwoods will operate KG Urban Enterprises proposed casino in southeastern Massachusetts should the company secure a license.

Rivers Casino awarded “Casino with Best Variety of Restaurants” and “Best Overall Entertainment,” in Casino Player magazine’s first annual poll.

In a proxy filing with the U.S. SEC Friday, Wynn Resorts said it will reduce its Class I board members from three to two.

The head of the New York-based private equity fund is wagering $1.73 billion it can make The Cosmopolitan of Las Vegas a shining jewel on the Strip.