The casino is getting $14 million from the Casino Reinvestment Development Authority toward the $15 million total cost of both projects. The projects illustrate two trends underway in what until recently was the nation's second-largest gambling market after Nevada, but which has slipped into 3rd place behind Pennsylvania. And it also lets the Borgata...» Read More
According to one model, you're better off taking the Seattle Seahawks over the New England Patriots.
Insight into the business of sports betting, with John Avello, Wynn Sports Book Executive Director.
Singapore's casinos haven't lived up to the hype, but Marina Bay Sands results suggest those writing off growth may need to write it back in.
Bettors will be trying to cash in on hundreds of weird bets tied to the Super Bowl. Did someone mention a Punxsutawney Phil?
Gov. Chris Christie's emergency management team for Atlantic City includes Detroit's former overseer, Kevyn Orr.
"It's an absolutely remarkable result for a year that saw so much tumult in the gaming market," said Israel Posner, executive director of the Lloyd D. Levenson Institute of Gaming Hospitality and Tourism at Stockton College. Four casinos in Atlantic City closed in 2014. A fifth, Trump Entertainment's Taj Mahal, narrowly averted closing and remains in bankruptcy.
Jan 8- Atlantic City has endorsed steep budget cuts but rejected the idea of a state-appointed emergency manager as part of the struggling New Jersey gambling hub's recovery plan. Atlantic City has seen its municipal finances decline with the fortunes of its local casino industry, which has suffered steep losses from competing casinos in nearby states.
Alex Bumazhny, Director of Gaming, Lodging & Leisure AT Fitch Ratings, explains why he's taking the news that the casino operator plans to delist in Hong Kong at "face value."
Classic con-artist routines, namely three-card monte and the shell game, apparently made a return to New York City streets for the holidays.
WILMINGTON, Del., Dec 22- The Trump Taj Mahal, a casino hotel in New Jersey's struggling Atlantic City gambling hub, could stay open for all of 2015 with a $20 million financing package from investor Carl Icahn, lawyers for Trump Entertainment Resorts said on Monday. Atlantic City's fortunes have faded as competition from Pennsylvania and other neighboring...
The Oneida Indian Nation plans to open a $20 million casino with a "Wizard of Oz" theme in the village where author L. Frank Baum was born.
Dec 18- Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast. The Taj, owned by bankrupt Trump Entertainment Resorts Inc., is slated to close on Saturday.
The Queen's Christmas speech this year could be one to watch out for, as gamblers place bets on whether she will abdicate her role.
Peter Harvey, COO of Talarius, says the company has seen a pick up in growth this year as consumers have more disposable income to spend on leisure.
Dan Bilzerian, the "King of Instagram," was released from jail on Wednesday after being detained at LAX.
Dan Bilzerian, the "King of Instagram," was arrested at LAX on Tuesday and is being held without bail, according to LA Weekly.
Deciphering between harmful and non-harmful play can be distinguished, yet there are overlapping behaviours between the two gambling groups says Marc Etches, chief executive at Responsible Gambling Trust.
Reducing a gambling machine's money stakes could reduce the risk of problem gamblers says Matt Zarb-Cousin, spokesperson for Campaign for Fairer Gambling.
South Korea looks like the consolation prize as Japan's $15 billion casino dream fades.
TOKYO/ SEOUL, Nov 24- South Korea looks like the consolation prize as Japan's $15 billion casino dream fades, a setback for companies such as Las Vegas Sands Corp that envisioned a new gaming hub rivalling Las Vegas in 2020.. Japan is seen as the biggest unclaimed prize, a market that research firm Union Gaming estimated would generate $15 billion in annual...