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252 results for "caesars bankruptcy"
Atlantic City Casinos: More to Close Predicts Moody’s
Atlantic City’s casinos may have reported that profits were up 55.9 percent in Q3 this year, but Moody’s Investment Service has warned that they shouldn’t get too excited just yet. In fact,...
Atlantic City Casinos Lose Cash Live But Not Online
Atlantic City's network of live casinos suffered another downswing in October according to the latest results released by the New Jersey Division of Gaming Enforcement (DGE). Breaking down the latest financial happenings...
Maryland Casino Revenues Increase 9.2 Percent in October?
The Maryland casino industry is flourishing, the state's Lottery and Gaming Control Commission releasing financial data for last month that proves citizens and nearby residents are enjoying the conveniences of having gambling...
First Prime Time GOP Debate Has Little Gambling Focus, Even with Trump Center Stage
If you expected online gaming issues to get any attention at last night's GOP debates, you were sorely disappointed. The first major event of the 2016 presidential campaign took place in Cleveland...
Moody’s Upgrades US Casino Market to “Not Quite So Bad”
Moody's Investors Services has some good news for the American gaming market. Sort of. The US land-based casino industry is showing signs of improvement, but only a bit, according to Moody’s, which...
Trump Plaza Could Be Closed To Casino Gaming For 10 Years To Avoid Taxes
Trump Plaza was one of the four Atlantic City casinos to close down last year, and there are no immediate plans to reopen the facility. But Trump Entertainment Resorts is taking steps...
Carl Icahn Awarded Trump Taj Mahal as Battle with Union Continues
Billionaire Carl Icahn has acquired the Trump Taj Mahal, exchanging $292 million he's owed for complete ownership of the casino in a deal that was approved by the New Jersey Casino Control...
Casino Fined Record $75 Million For “Willful” Money Laundering Violations
A Pacific Island casino has been fined a record $75 million for violation of anti-money-laundering regulations. The US Financial Crimes Enforcement Network FinCEN said this week that the Tinian Dynasty Hotel &...
Operating Profits Up for Surviving Atlantic City Casinos
Atlantic City may be bringing in less gambling revenue than ever before, but that doesn’t mean that the casinos there are suffering. The eight remaining casinos in the city reported that operating...
Internet Gaming Revenues Up In New Jersey
Online gambling in New Jersey got off to a slow start, leading some to wonder if state-by-state regulation of Internet gaming would ever bring in the type of revenues lawmakers had been...