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252 results for "caesars bankruptcy"
Coronavirus Comedy: Oddsmakers Offering Offbeat Lines on Disease Impact
The coronavirus is no laughing matter. But when life gives lemons to online oddsmakers, they make lemonade. Case in point: the Bovada sportsbook has an array of prop bets on how COVID-19...
Nevada Casinos Let the Booze Flow in 2019, Post Record Food and Bev Sales
Nevada casinos served up more than $5 billion in meals and drinks during the 2019 fiscal year, an all-time record for the resorts. The Nevada Gaming Control Board (NGCB) released its 2019...
Land & Buildings Investment Prods Gaming and Leisure Properties to Consider Marriage With Rival Vici
Land & Buildings Investment Management, LLC, an activist investor focusing on real estate assets, is reportedly pressing Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) to consider a deal with rival Vici Properties (NYSE:VICI),...
Harrah’s Atlantic City Announces Another Major Renovation, Customer Reviews Say Much Needed
Harrah's Atlantic City will spend another $24 million to renovate additional hotel rooms, something that, according to customer reviews, is long overdue. On Monday, parent company Caesars Entertainment announced it's renovating 416...
Jack Entertainment to Close Detroit Office Following Greektown Casino Sale, Laying Off 92
Dan Gilbert’s Jack Entertainment will close its office in Detroit, laying off 92 employees in the wake of the sale of the Greektown Casino-Hotel to Penn National Gaming (PNG) and Caesars REIT...
New Jersey Legislature to Reconsider Golden Nugget’s NBA Betting Ban
The Golden Nugget in Atlantic City could soon be offering NBA betting if a bill introduced this week to the New Jersey legislature gets the green light. The Nugget is currently barred...
Former William Harrah Lake Tahoe Mansion Listed for Sale at $25.75M
The Lake Tahoe home of casino pioneer William Harrah was once the hottest invite for Hollywood's A-list celebs. Today, it's on the market for a cool $25.75 million. Known as Villa Harrah,...
Detroit Greektown Casino $1B Sale to Penn National, VICI Approved by Michigan Gaming Control Board
On Tuesday, the Michigan Gaming Control Board approved the $1 billion sale of Detroit's? Greektown Casino-Hotel to Penn National Gaming and Caesars' spinoff REIT, VICI Properties. The deal -- first announced last...
Proposed Mississippi Casino Site Now for Sale Despite Once Getting Attention of Donald Trump’s Company
Owners of promising property in Diamondhead, Mississippi -- part of which was approved for a gaming venue -- have no choice but to sell some or all the approximate 400-acre parcel due...
Casino Union Concerned With Hedge Funds Obtaining Significant Stakes in Gaming Companies
The largest casino union in the nation met with gaming regulators in several states this week to express the trade group's concerns regarding hedge funds and private equity groups amassing considerable ownership...