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252 results for "caesars bankruptcy"
Nevada Casinos Begin 2019 Slow, January Gross Gaming Revenue Down Three Percent
Nevada casinos reported gross gaming revenue (GGR) for January was $984.5 million, a three percent year-over-year decline. Clark County won $532.2 million, which is a more than four percent decline on the...
SugarHouse Casino Drops Golden Nugget Over NBA Sports Betting Ban in New Jersey
Pennsylvania’s SugarHouse casino is bailing on its New Jersey sports betting partner, the Golden Nugget, because the Nugget is forbidden from offering NBA betting under New Jersey gambling laws. As an out-of-state...
MGM Resorts-Invested Hedge Fund Wants Company to Sell Macau Casinos, Merge Real Estate Trust
MGM Resorts is the latest publicly traded casino company with an activist hedge fund that doesn't intend to sit back and collect profits without having a voice in the gaming operator's direction....
MGM Growth Properties Acquires Ohio’s Hard Rock Rocksino for $1 Billion
MGM Growth Properties on Friday finalized its $1.06 billion purchase of Cleveland’s Hard Rock Rocksino Northfield, the first property to be acquired by the REIT, an MGM Resorts spin-off. MGM Growth will...
Trump Plaza Demolition on Hold Through Summer, Property’s Future Critical to Atlantic City Comeback
The shuttered Trump Plaza on Atlantic City's Boardwalk will remain standing vacant through the summer. Speaking with the Press of Atlantic City, local officials say a demolition permit has not been filed...
Blackstone Group Acquires Spanish Gaming Giant Cirsa
US private equity fund the Blackstone Group is to acquire Spain’s largest casino and bingo hall operator, Cirsa. The two companies announced the deal in a joint press release on Friday, and,...
Analysts: Genting Group Might Be Odds-On Favorite for Wynn Resorts Takeover
Genting Group might be best positioned to one day acquire Wynn Resorts. That's according to three analysts at Sanford C. Bernstein Global Gaming Research, who concluded that Wynn's Macau operations might leave...
Atlantic City Celebrates Second Consecutive Year of Gaming Revenue Growth in 2017
The numbers are in, and New Jersey casinos are back. That’s the word from gaming officials in the Garden State after gross gaming revenue increased slightly in 2017, even after modest dip...
Casino and Gaming Industry Most Memorable Moments of 2017: What Made Us Cheer, What Made Us Jeer
As we push into the New Year, let's take a final look back at the one just past. 2017 saw some unwelcome changes in the iconic Vegas tourism marketing model, and of...
Casino Mergers and Acquisitions in 2017: Matches Made in Heaven (and a Few Made in Hell)
Casino mergers and acquisitions shook up the gaming industry over the past 12 months. Some of Las Vegas' most notable conglomerates sold properties and reshuffled their portfolios. Gaming operators and manufacturers joined...