Category: News

Feb 5, 2015

WSOP Main Event Payout Changes, WhiteCastle Las Vegas Opens, SB Betting

The World Series of Poker rolled out a special announcement with its 2015 schedule for its annual Las Vegas summer series. This year’s Main Event winner was to be guaranteed $10 million. This

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Jan 22, 2015

Caesars Files Bankruptcy, Olympic Betting, AC Revenue, Linq Poker Closing

The largest operating unit of Caesars Entertainment has filed for bankruptcy protection. The filing came early Thursday. The company hopes to eliminate $10 billion of its debt. An estimated 80 percent of the

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Jan 12, 2015

Nevada Casinos Lose $743.7 Million, Revel Sale Approved, Indiana Fantasy Sports at Racinos, AC Race Closing

The Las Vegas-Review Journal reported today that Nevada casinos posted a cumulative operating loss of $743.7 million in 2014. While that sounds terrible, it was about half of the loss from the previous

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Dec 22, 2014

Caesars Entertainment to File Bankruptcy, Taj Stays Open, SLS Struggles, NY Casinos

It is official. A Caesars Entertainment operating subsidiary will file for bankruptcy in January. The subsidiary carries $18.4 billion of the company’s nearly $23 billion in debt. The bankruptcy would shed about $10

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Dec 9, 2014

Taj Stays Open, Massachusetts Gambling, Megabucks

Trump Taj Mahal has once again pushed back their closings date. The financially troubled Atlantic City hotel announced that it will close no earlier than December 20. The latest closing date before that

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Nov 24, 2014

Taj Mahal Closing Date, NJ Sports Betting, Wynn Investigation

Another closing date has been set for Trump Taj Mahal. The bankrupt Atlantic City casino has set December 12, 2014 as the day it will cease all operations. Trump Entertainment, its parent company,

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Nov 15, 2014

Ultimate Poker Closes, Caesars Files Bankruptcy, AC Revenue Down

Ultimate Gaming announced that it would close its Nevada online poker site on November 17, 2014. Its Ultimate Poker site was the first regulated online poker room in the U.S. when it launched

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Nov 8, 2014

SD Approves Table Games, Vegas Ice Rinks, Prop 48 Defeated, Mass. Casinos

Atlantic City has struggled to draw tourists over the past few years. One of the biggest obstacles has been a lack of airline service. That situation was worsened today when United Airlines announced

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Nov 4, 2014

New Linq Rooms, South Point Bowling, Trump Taj Mahal Closing

The Linq Hotel and Casino in Las Vegas has put over 1,000 recently remodeled hotel rooms into service. The new rooms were first rented by guests on October 30. The rates are very

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Oct 25, 2014

Monmouth Park Sports Betting, Taj Mahal Stays Open, South Point Poker, Sands Not for Sale

Leagues Receive TRO to Stop Monmouth Park Sports Betting The NFL, MLB, NBA, NHL and NCAA received a temporary restraining order to stop sports betting in New Jersey. Monmouth Park had planned to

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Oct 17, 2014

MGM Sells Gold Strike, AC Revenue Down, KC Royals WS Odds, Real Money Candy Crush, Taj Union

MGM Resorts to Sell Gold Strike MGM Resorts has entered into a contract to sell its Nevada Gold Strike property. It is located in Jean, about halfway between Las Vegas and the California

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Oct 11, 2014

Revel AC Sold, Taj Mahal Union Offer, SLS Rebate and Caesars Default Notice

Brookfield Asset Management’s bid of $110 million for Revel in Atlantic City was accepted by Chief U.S. Bankruptcy Judge Gloria Burns this week. The company plans to reopen Revel as a casino. No

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