Having emerged from bankruptcy protection only a couple of months ago, Revel Atlantic City has been working hard to remake its image and in turn, its bottom line. As part of its efforts since it successfully completed a restructuring which saw creditors accepting equity in exchange for debt repayment, Revel
Word came today that two stalwart companies of the gaming industry - Bally Technologies and SHFL Entertainment - will join forces as Bally plans to buy out SHFL Entertainment for the price of $1.3 billion. SHFL Entertainment was formerly known as Shuffle Master, having changed its name last year in
Nuns having, or rather, wearing habits is a commonplace occurrence. Nuns who steal to support a gambling habit are certainly a rarity - just about as rare as a flying nun. Perhaps that's why the story of a New York nun being sentenced to a 90-day jail term for stealing to
Rumors surfaced this week that the so-called "Tiger Woods of poker," Phil Ivey, has made an agreement with a southern California indian tribe to be the face of their Internet gaming venture. Ivey is set to team up with the Pala Indian Tribe, which runs one of California's most successful
While PokerStars may be celebrating its recent deal to partner with the Atlantic City land-based casino Resorts in an Internet gambling venture, not everyone is thrilled about the turn of events. More specifically, the American Gaming Association, a powerful gambling industry group, says that it plans to oppose PokerStars' entry
This week a citizen's group in Springfield, Massachusetts, where MGM Resorts has proposed the construction of an $800 million resort casino, threw their support behind the effort. A public referendum will be held on July 16th, with Springfield's New North Citizens Council saying that they will urge local residents to
It's no secret that Atlantic City has been struggling for the better part of a decade, with revenue there having declined every year for the last six years thanks in large part to increased competition along the eastern seaboard, particularly from newer casino properties in neighboring Pennsylvania. A new advertising campaign seeks
Delaware has released a draft of its online gambling regulations, on which the public will be permitted to comment until July 31st. Unlike in New Jersey and Nevada - the only two other states in the nation to pass similar legislation thus far - the Delaware Internet betting industry will
Amid a celebration of the casino's tenth anniversary, three thieves reportedly made off with $200,000 worth of Rolex watches from the Borgata Hotel Casino and Spa in Atlantic City, New Jersey on Monday. Initially the value of the stolen loot was said to be some $500,000, but was adjusted downward once
It has been both a good week and a bad week for online poker giant PokerStars. First, the bad news: a New Jersey judge denied the company's appeal of a decision upholding the termination of its purchase contract to take over the embattled Atlantic City land-based casino the Atlantic Club
Zynga, the company that was once practically synonymous with social gaming yet has seen its stock tumble over the last year or so, announced that its founding chief executive officer, Mark Pincus, will be stepping down. He will be replaced by Don Mattrick, who has most recently worked for Microsoft
This morning it was announced via a press release that online gambling company Ultimate Gaming and Trump Taj Mahal Associates LLC, which runs the similarly-named Trump Taj Mahal Hotel and Casino in Atlantic City, New Jersey, have struck a deal to jointly operate online casino and online poker web sites
