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Downturn lights a path to casino control

Rather than buy into companies, investors mull buying up debt — with chance of calling shots.

In reversal, Fontainebleau lenders suggest liquidation

Key lenders file motion urging case be converted to Chapter 7 bankruptcy.

Lenders seek to move Fontainebleau case to liquidation

A motion filed by a group of secondary lenders says that finishing the Las Vegas project is "not possible."

Man dies after falling off escalator at A.C. casino

News brief: A man was fatally injured after falling from the escalator at the Pier Shops at Caesars.

Odds could improve for Texas casinos

News brief: The Chickasaw Nation of Oklahoma is poised to take possession of an existing horse racing track in Grand Prairie.

Boyd Gaming won't be part of MGM hearings

The gaming company has received notice that it will not be part of the hearings involving its partner in the Borgata in Atlantic City.

Sands Bethlehem only adding 250 slots

News brief: The Pennsylvania casino had previously planned to add 2,000 additional slot machines.

Johnny Avello, Wynn and Encore's race and sports operations director

The director of Wynn and Encore’s race and sports operations visited his first racetrack at age 5, bet with a bookmaker as a teen and played team sports through college.

Gambling revenue falls nationwide

News brief: State revenues from all sources of authorized gambling fell 2.8% in fiscal 2009, the first decline in data going back at least 20 years.

Maryland ready to award first slot license

News brief: Maryland will award the state's first slot license to the Ocean Downs racetrack.

Job seekers grateful CityCenter is now hiring

Hundreds of job seekers were informed yesterday that they landed positions at one of CityCenter's two projects.

Issues still left in Greektown bankruptcy

News brief: The Detroit casino's creditors and bondholders have questioned how Greektown's worth of $540 million was calculated.

Lower buy-in fuels Borgata poker tournament

News brief: The WPT Borgata Poker Open Championship has been a success since it started on Sept. 8 with an estimated 15,000 entrants.

160,000 applications later, CityCenter makes job offers

CityCenter began making employment offers to hundreds of workers today in preparation for the project's opening later this year.

Ground broken on casino that Station will manage

A ceremonial groundbreaking was held last week on the American Indian casino in Michigan that will be managed by Station Casinos.

Caesars Palace dealers protest on Strip

Dealers, Harrah’s Entertainment have been unable to negotiate a union contract since December 2007.

Barred from casinos, alleged scammers closer to trial

Case against three alleged casino scammers is one step closer to going to trial.

Man wants Detroit casino to return his losses

News brief: A man is suing MotorCity Casino to recover over $670,000 of losses he incurred over ten years.

Ground broken on Michigan casino

The Gun Lake Tribe of Pottawatomi Indians broke ground on the $157 million Gun Lake Casino in Wayland.

Analysts say Penn deal for Fontainebleau 'unlikely'

Analysts shot down a Wall Street Journal report that said Penn National Gaming was close to buying the bankrupt Fontainebleau project.

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