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ATLANTIC CITY, N.J.— The CEO of Caesars Entertainment said Wednesday a new $125 million meeting center his company is building will help define Atlantic City's future, even as he pointedly refused to say whether his company is done closing casinos there. Gary Loveman said the center next to Harrah's Resort Atlantic City will be ready by next summer and should...
TOKYO, Oct 22- Japan's plan to open up to casino gambling has been delayed again, three people familiar with the process said, dealing a blow to one of Prime Minister Shinzo Abe's policy priorities and to hopes the first resort will open in time for the 2020 Tokyo Olympics. Companies such as Las Vegas Sands Corp and Caesars Entertainment Corp are vying to win the...
HealthStream Inc. rose 21.7 percent to $29.67. Egalet Corp. rose 17.7 percent to $5.73. Enphase Energy Inc. rose 12.8 percent to $13.80.
LAS VEGAS— Caesars Entertainment said Friday it is prepared to start formal discussions with some of its bank lenders as it works to reduce its debt and stave off what some see as near certain bankruptcy. In recent years the company has spun off multiple divisions in an attempt to shape up its finances, including Caesars Entertainment Resort Properties and...
BioFuel Energy rose 23.3 percent to $6.88. Westmoreland Coal Co. rose 20.6 percent to $36.97. Fauquier Bankshares Inc. rose 13.2 percent to $21.50.
But New Jersey gambling regulators want to let you do it for real money. The state Division of Gaming Enforcement says it is seeking game developers' proposals to conduct real-money gambling on skill-based games, which would make New Jersey a nationwide laboratory for a betting phenomenon many have predicted will become the next big thing.
Digital Ally Inc. rose 22.2 percent to $12.72. Prosensa Holding NV rose 12.1 percent to $10.73. Skyworks Solutions Inc. rose 11.0 percent to $50.29.
SANTA ANA, Calif.— The Orange County Register has hired former casino executive Richard Mirman to be its interim publisher and chief executive, the newspaper said Monday night. Mirman will take over for Aaron Kushner, who will remain principal owner and CEO of the Register's parent company, Freedom Communications Inc. Kushner's co-owner, Eric Spitz, will also...
Procera Networks Inc. fell 34.2 percent to $5.63. Sizmek Inc. fell 20.2 percent to $5.70. Village Bank and Trust Financial Corp. fell 18.0 percent to $18.65.
*Tokyo government downgrades casino project. TOKYO, Sept 29- Plans to open Japan's first casino in Tokyo before the 2020 Olympics are becoming increasingly unlikely, with developers facing skyrocketing building costs and a city government that no longer considers casino development an economic priority.
*Trump Entertainment Resorts files for Chapter 11. Sept 9- Trump Entertainment Resorts Inc, which runs two casinos in Atlantic City, filed for bankruptcy protection for a third time, in another blow to the city's crumbling casino industry.
Sept 9- Trump Entertainment Resorts Inc, which operates two casinos in Atlantic City, joined the list of casino operators in New Jersey that have filed for bankruptcy. The company, which Donald Trump founded but no longer controls, operates the Trump Taj Mahal Casino Resort and the Trump Plaza Hotel and Casino in Atlantic City.
Sept 9- Trump Entertainment Resorts Inc, which operates two casinos in Atlantic City, joined the list of casino operators in New Jersey that have filed for bankruptcy. Trump Entertainment operates the Trump Taj Mahal Casino Resort and the Trump Plaza Hotel and Casino in Atlantic City.
Around 8,300 people are losing jobs with three casinos closing in less than a month- Showboat, a Caesars Entertainment Corp property, closed Sunday morning, Revel closed early on Tuesday morning and Trump Plaza Hotel and Casino is due to close on Sept. 16.
Aug 29- Four Atlantic City casinos are closing this year, but not all of their gamblers will return to visit eight others that have survived in the down-on-its-luck New Jersey resort. The casinos remaining open in Atlantic City are likely, however, to garner about 60 percent of the revenues that had been generated by the four closing casinos, Bumazhny said.
U.S. stocks pared gains in light volume trading on Monday as investors looked for signs of easing in geopolitical tensions.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Aug 7- Blackstone Group LP, KKR& Co LP and TPG Capital LP have agreed to settle a U.S. lawsuit accusing them of conspiring not to outbid each other and other buyout firms on takeovers of companies, a person familiar with the matter said.
July 14- The Trump Plaza Hotel is expected to close in September, making it the fourth casino to close this year in Atlantic City, the faltering New Jersey resort town. Atlantic City, which once held a lucrative East Coast gambling monopoly, has fallen hard as new casinos open in the northeastern United States.
ATLANTIC CITY, N.J., July 10- After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer.