Travel Casinos and Gaming

  • ATLANTIC CITY, N.J.— A New York firm hopes to be the first in the world to install skill-based slot machines on casino floors in which the main determining factor in how much a player can win is his or her ability to play the game. GameCo told The Associated Press on Tuesday that it is ready to put machines in the three Atlantic City casinos owned by Caesars...

  • RENO, Nev.— Eldorado Resorts plans to make more than $50 million in improvements at its three casinos in downtown Reno over the next three years, company officials announced Monday. The project scheduled to begin before the end of this year includes the renovation of 4,100 guest rooms, new restaurants and casino upgrades at the Eldorado, Silver Legacy and Circus...

  • CHICAGO, Sept 23- Shares of Caesars Entertainment Corp slid on Friday as creditors thrashed out the terms of a sweetened $5 billion deal that could finally extract the casino company from a costly bankruptcy. The company's main operating unit, Caesars Entertainment Operating Corp Inc, or CEOC, filed for bankruptcy in January 2015. The latest offer from Caesars...

  • People on the boardwalk in Atlantic City, NJ.

    The effort to bring casinos to northern New Jersey was on life support Friday after key referendum backers halted media spending.

  • CHICAGO, Sept 23- Shares of Caesars Entertainment Corp slid on Friday, a day after hitting a 16- month high, as investors awaited a midnight deadline for creditors to accept a sweetened $5 billion deal that could finally extract the casino company from a costly bankruptcy. The company's main operating unit, Caesars Entertainment Operating Corp Inc, or CEOC, filed...

  • BETHLEHEM, Pa.— Plans filed with an eastern Pennsylvania city indicate that Sands Casino is planning an expansion that would add restaurants, a separate poker room and give it the biggest casino floor in the state. The Morning Call reports plans filed by Sands Casino with Bethlehem's Department of Community and Economic Development show the facility wants to...

  • CHICAGO, Sept 21- Caesars Entertainment Corp said on Wednesday it proposed along with its private equity backers a settlement offer with an added $1.6 billion for creditors of its casino operating unit, raising hopes of an end to the subsidiary's costly bankruptcy. Apollo Global Management and TPG Capital Management, the private equity firms that control the...

  • Mike Beebe on Wednesday said he opposes an effort to legalize casinos in three Arkansas counties, citing concerns that local voters wouldn't be able to decide for themselves whether to allow the expanded gambling. The Committee to Protect Arkansas' Values/Stop Casinos Now announced the former Democratic governor's opposition to the proposed...

  • Today, as the Republican presidential nominee pursues black voters with vows to fix inner-city troubles, many Gary residents say his pitch to solve the problems of crime and poverty is disturbingly familiar. Little more than a decade after investing in Gary, Trump's casino company declared bankruptcy and cashed out his stake in the boat— leaving behind...

  • ATLANTIC CITY, N.J.— The Latest on the planned reopening of Atlantic City's former Revel casino.:. A New Jersey redevelopment agency has moved Atlantic City's former Revel casino closer to reopening two years after it shut down. The agency dropped its insistence that owner Glenn Straub pay $100,000 in assessments for a special business district before the...

  • SAN FRANCISCO, Sept 20- Shares of MGT Capital Investments, led by anti-virus software pioneer John McAfee, dropped 21 percent on Tuesday after it said the New York Stock Exchange denied approval of the listing of shares for a planned merger with anti-spyware company D-Vasive Inc.. As part of the deal, MGT said it would issue 43.8 million shares to acquire assets...

  • RENO, Nev.— Eldorado Resorts has agreed to buy Missouri- based Isle of Capri Casinos for $1.7 billion in combined stocks and cash, a move that will add 13 casino-resorts to the Reno- based company's portfolio. The company based in the St. Louis area operates 14 casino properties in Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri and Pennsylvania.

  • ATLANTIC CITY, N.J.— In terms of success, Atlantic City's former Revel casino was a zero. But new owner Glenn Straub hopes to swing the pendulum all the way in the other direction by renaming the casino resort Ten and reopening it in the first quarter of 2017.. Straub, a Florida developer, also adopted the double-loop infinity symbol as the logo for the rebranded...

  • A woman plays a video slot machine at an Isle of Capri casino.

    Gaming company Eldorado Resorts it would buy rival Isle of Capri Casinos for $1.7 billion, including debt.

  • Sept 19- Shares in a firm led by anti-virus software pioneer John McAfee fell 24 percent on Monday after it disclosed that it had received a subpoena from the U.S. Securities and Exchange Commission. The company, MGT Capital Investments Inc, said in a statement that it was cooperating with the SEC after receiving the subpoena on Thursday and that it does not...

  • *Sarepta soars after FDA approves muscle drug. The Fed is expected to leave rates unchanged at the two-day meeting, but investors will assess Chair Janet Yellen's speech on Wednesday for clues on the timing of the next rate hike. "There is an overriding sense that the Fed is going to move in December," said Robert Pavlik, chief market strategist at Boston Private...

  • *Sarepta soars after FDA approve muscle drug. Sept 19- Wall Street was higher on Monday, lifted by financial and energy stocks, a day before the Federal Reserve meets to discuss interest rates. The central bank is expected to leave rates unchanged at the two-day meeting, but investors will assess Fed Chair Janet Yellen's speech on Wednesday for clues on the timing...

  • Sept 19- U.S. stocks were higher on Monday as oil prices bounced back from multi-week lows and investors expected the Federal Reserve to leave interest rates unchanged at its meeting this week. Oil prices rose about 1 percent after Venezuela said OPEC and non- OPEC producers were close to a deal to stabilize an oversupplied market. Fed Chair Janet Yellen is...

  • Sept 19- Wall Street looked set to open higher on Monday as oil prices bounced back from multi-week lows and investors expected the Federal Reserve to hold steady on interest rates at its meeting this week. Oil prices rose about 1.3 percent after Venezuela said OPEC and non- OPEC producers were close to a deal to stabilize an oversupplied market.

  • Sept 19- U.S. stock index futures were higher on Monday as investors expect the Federal Reserve to maintain interest rates at its policy meeting this week. *However, investors expect Fed Chair Janet Yellen's comments to signal a potential move in December. *Wall Street closed lower on Friday, capping a week of market oscillations, as financials were weighed down by...