World News

Caesars Entertainment to Buy Indiana Casinos in $1.7 Billion Deal

Caesars Entertainment to Buy Indiana Casinos in $1.7 Billion Deal

Caesars Entertainment Corp. plans to buy two Indiana casinos in a $1.7 billion deal, just weeks after it finished up a large bankruptcy proceeding. Caesars said Thursday it reached an agreement to purchase Centaur Holdings LLC, which owns Hoosier Park Racing and Casino in Anderson, Ind., and Indiana Grand Racing and Casino in Shelbyville, Ind., to help expand its presence in an under-penetrated ga... »

Order clears the way for Ponca Tribe to build casino in Carter Lake

Order clears the way for Ponca Tribe to build casino in Carter Lake

The Ponca Smoke Signals building at 1001 Avenue H in Carter Lake is on land where the Ponca Tribe of Nebraska wants to build a casino. The Ponca Tribe of Nebraska wants to move quickly to open a casino in Carter Lake, even as opponents scramble for a way to block it. Larry Wright Jr., chairman of the Ponca Tribe, expressed elation Wednesday after a decade of lawsuits, appeals and legal reviews con... »

Wynn spending $100M on land near casino

Wynn spending $100M on land near casino

Wynn Resorts will spend nearly $100 million to buy properties surrounding its resort casino in Everett as part of an effort to improve the neighborhood that will host the mega-development, CEO Steve Wynn said yesterday. “We’ve spent over $75 million as of today … on our way to $90 (million), to buy real estate that has nothing to do with the casino development,” Wynn said while speaking at a... »

The Hottest CEO in Vegas Just Bought the City’s Strangest Casino – Bloomberg

The Hottest CEO in Vegas Just Bought the City’s Strangest Casino – Bloomberg

Even in Las Vegas, the land of faux pirate battles and Elvis-themed wedding chapels, the Stratosphere is something of an oddball. Conceived by poker pro Bob Stupak, the Space Needle-shaped hotel-casino featured a roller coaster and other attractions at its summit when it opened in 1996. Its location on the lightly trafficked north end of the Strip proved too much of a handicap, however, and the ca... »

Will legal internet gambling in PA hurt The Sands Bethlehem?

That probably won’t happen in the case of the Sands, because the owner Sheldon Adelson is a staunch opponent of internet gambling who says it’s bad for casinos and players. Dr. Deegan’s research suggests otherwise, at least in the case of the Sands, … Will legal internet gambling in PA hurt The Sands Bethlehem? thumbnail courtesy of wfmz.com »

Caesars execs address plans for land on Strip

Caesars execs address plans for land on Strip

Caesars Entertainment executives talked growth and efficiency today in their first investors conference since the company emerged from bankruptcy but also fielded questions from analysts about business on the Strip after the Route 91 Harvest festival mass shooting. “It’s fair to say we are cautiously optimistic about the rebound and think the occupancy rates across the Strip took a little hit the ... »

Vegas style tourism arrives in Danang

Vegas style tourism arrives in Danang

Could this be the next big destination to explode onto the gambling scene HONG KONG, 3 November 2017: A massive so-called integrated resort project will transform the tourism landscape of central Vietnam when it opens in 2019. Located between Danang, Vietnam’s third-largest city, the HOIANA project is destined to become the nation’s largest integrated resort appealing to family leisure travellers ... »

Macau Profits Soar Once Again

Macau Profits Soar Once Again

Macau Casinos It was once the golden child of gambling and revenues then every one said it would not last. Profits did start to fall and the future did not look so promising. The end of Macau many predicted. The money is now pouring in again and all the shareholders and investors are happy once again Macau Casinos Post 15th Straight Gain, October Revenue Best in Years Macau Casinos Post 15th Strai... »

Pennsylvania collects 1st $1 million under new gambling law

Pennsylvania collects 1st $1 million under new gambling law

  A must read story from wtae.com explains a surprising loophole in the gaming law. No surprises there and it seems Pennsylvania is push hard to gain from gambling revenues Cash is already rolling into Pennsylvania’s coffers as a result of a sprawling, two-day-old gambling expansion law. The Pennsylvania Gaming Control Board said … Pennsylvania collects 1st $1 million under new ga... »

Pennsylvania OKs betting online, in airports, at truck stops

Pennsylvania OKs betting online, in airports, at truck stops

Pennsylvania OKs betting online When I first read this headline I was a little alarmed with the thought “Is nowhere sacred” I have spent most of my working life within the gaming industry and its provided pretty well for me. I am not a pro gambler or either and anti gambler. I believe in freedom of choice. The option to choose, if you have disposable income and you wish to spend it on ... »

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