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252 results for "caesars bankruptcy"
Plan to Turn Showboat Casino Into College Campus Runs Into Legal Issues
Atlantic City casinos have faced some notorious struggles in recent years, causing at least four to close their doors in 2014. Now, one of the new owners of a former casino is...
Las Vegas Sands Corp Reports Record Revenue
Las Vegas Sands Corp (LVS) reported a record year of net revenue this week. Despite falling profits in Macau as the region faces an intense tightening of financial controls from mainland China;...
Atlantic Club Purchased as Possible Senior Housing Project
The Atlantic Club, the first of four casinos to close in Atlantic City during 2014, may have finally found a long-term buyer for its shuttered property. According to recently filed property records,...
Bwin.party to Sell Social Gaming Business Win
Bwin.party has announced the imminent sale of its loss-making social casino gaming arm, Win, to an as-yet-unnamed company. Despite the meteoric rise of the social gaming sector, which has become a multi-billion-dollar...
Betfair New Jersey Online Poker Operations End, Casino Games Remain
Betfair’s poorly performing online poker site has become the second to leave the New Jersey online poker space since the state regulated Internet gaming just over a year ago. Betfair follows Ultimate...
Ultimate Gaming Severs New Jersey Online Ties
Ultimate Gaming never took off in New Jersey, trailing far behind offerings by companies like partypoker (partnered with the Borgata) and the Caesars/888 partnership. Now, with their land-based partner Trump Taj Mahal...
New Jersey Regulators: “We Can’t Make Casinos Stay Open”
With four Atlantic City casinos potentially closing this year, many in the city as well as greater New Jersey are understandably shocked. Keeping those casinos open just a little longer might help...
Plenty of Interest in Revel Casino Purchase, AC Mayor Says
Hope springs eternal. We recently posed the question: "Who would buy a giant doomed casino resort that is leaking $2 million a week?" And while we don't have an answer for you...
PokerStars Could Return to New Jersey Market by Fall
PokerStars' carefully orchestrated sale to Amaya Gaming for $4.9 billion looks like it might well pay off for the world's biggest poker site. The ink was still running down the page on...
Mixed Emotions as Judge Okays Atlantic Club Shutdown
When a veteran casino closes down, for the buyers and sellers, it's just business. But for the casino's employees, it's the loss of a job, and sometimes, a life-long career. Such is...