New Report: Atlantic City Has Growth Potential
A new report from analyst Cory Morowitz (l.) and GGH Morowitz predicts that Atlantic City resort market revenues could increase by as much as 14 percent, even with the...
Gaming News
Wynn Wars Escalate
Elaine Wynn is suing Wynn Resorts to force the board of directors to postpone its upcoming annual meeting and reopen its membership to new nominations. At the same time,...
New Jersey Surrenders to Leagues on Sports Betting Bill
The New Jersey legislature last week considered a bill to set regulations for legalized sports betting should the state be successful in its Supreme Court challenge to PASPA.
AGA, States, Leagues Anticipate Legal Sports Betting
As the American Gaming Association held a legislative summit on legal sports betting, U.S. professional sports leagues continued their lobbying efforts to get a piece of the action. While...
MGM: Innovating on All Fronts
The resort giant is building a massive solar energy facility outside Las Vegas capable of delivering up to 50 percent of the electricity needs of its 13 Southern Nevada...
Penn National Pinnacle Purchase Advances
With the recent approval of the Mississippi Gaming Commission and other state gaming regulators, Penn National Gaming's $2.8 billion purchase of Pinnacle Entertainment is moving forward. The deal will...
Scott, Seminoles Reach Agreement
Florida Governor Rick Scott (l.) and the Seminole Tribe reached a compact agreement. The Seminoles will continue to pay the state $19.5 million a month, or $300 million a...
Caesars to Build Resort in Mexico
Caesars Entertainment is entering into the non-gaming resort world in a big way. It just finalized plans to build a 5-star $200 million resort in Puerto Los Cabos, Mexico....
Governor Warns Against ‘Conclusions’ About Wynn Boston Harbor
Massachusetts Governor Charlie Baker (l.) has backed off his demand that Wynn Resorts withdraw from the state as a result of the scandal surrounding its former chairman, Steve Wynn....
Tribes, Connecticut Disagree on Sports Betting
Connecticut’s gaming tribes insist that if sports betting becomes legalized in the state that they have a monopoly on it. Attorney General George Jepsen (l.) disagrees. If that monopoly...
PA Board Considers New Auction For Mini-Casinos
Regulators in Pennsylvania are contemplating the future of gaming board auctions for Category 4 mini-casinos after two auctions went without bidders. The state could open up the auction to...
Eldorado, Cordish Partner On Florida Development
Eldorado Resorts will partner with the Cordish Companies to develop a 223-acre mixed-use project in Pompano, Florida at Eldorado's Isle Casino Racing, the former Pompano Park (l.).
Virginia Welcomes Expanded Gambling
New Kent County, Virginia could welcome two new gambling venues in the near future. Revolutionary Racing and Peninsula Pacific Gaming purchased Colonial Downs for more than $20 million based...
Horseshoe Baltimore Owner Grabs More Land
CBAC Gaming, parent of the Horseshoe Casino Baltimore, has bought up all but one parcel of land between the casino and M&T Bank Stadium.
MGM Sells Mandarin Oriental at City Center
Just as MGM Chairman and CEO James Murren said during last week’s earnings call, the company is dedicated to reducing debt. And the next day, MGM announced it had...
Lifting Sports Betting Ban Could Help Horseracing
Advocates for the precarious horseracing industry are convinced that the legalization of the unrelated activity sports betting could benefit them. They envision racetracks offering both forms of wagering and...
Atlantic City’s Ocean Resort Shooting for Late June Opening
Though no official announcement has been made, local reports say the owners of the former Revel casino in Atlantic City—now branded the Ocean Resort (l.)—are shooting for a late...
Hard Rock AC to Open June 28
Hard Rock International CEO Jim Allen hosted a three-city simulcast press conference announcing a June 28 opening date for Hard Rock Hotel & Casino Atlantic City at the former...
Tropicana Sold In Three-Way Deal
Tropicana Entertainment Inc., owned largely by billionaire Carl Icahn (l.), will be sold to Eldorado Resorts Inc. and Gaming and Leisure Properties Inc. for $1.85 billion in cash, giving...
New Jersey Governor Seeks to Roll Back State Control of Atlantic City
New Jersey Governor Phil Murphy (l.) is seeking to end the role of the city’s state designated financial controller Jeffrey Chiesa. The state currently controls Atlantic City’s finances through...
