Caesars Entertainment Corp's bank lenders say they might walk away from the bankruptcy reorganization plan they once agreed to support. If that happened, the $18 billion bankruptcy reorganization would be in disarray. During a hearing at the US Bankruptcy Court in Chicago on Tuesday, the committee of bank leanders' lawyer
The Georgia State Legislature is considering legalizing casino gambling once more. State representatives had a meeting on Tuesday with LaGrange City Council members to discuss collaboration on the issue. The various lawmamers and officials discussed a ballot initiative which would appear as a state amendment referndum in 2017. The initiative
Nevada Attorney General Adam Laxalt is a lightning rod for criticism in the ongoing online gambling legislation debate, after he co-signed a letter last month calling for a ban on online gambling by the incoming Trump Administration. The Nevada AG sent a letter recently to Vice President-Elect Mike Pence, stating
Gov. Chris Christie recently appointed Jeffrey Chiesa to control Atlantic City's finances for the next 5 years. Last week, Jeffrey Chiesa met with the City Council to discuss his plans for the future. Mr. Chiesa has broad authority to make Atlantic City's government sustainable. He has the authority to lay
Caesars Entertainment named a partner in a joint venture to build a casino on Yeongjong Island in South Korea. The partner is Guangzhou R&F Properties Co Ltd, a hotel and property development firm based in China. The plan is to build an integrated resort in Midan City on Yeongjong Island,
Protestors in the North Dakota pipeline standoff are taking shelter in a nearby casino as a blizzard rolls through the area. They are staying at the Standing Rock Sioux Casino as they ride out the winter storm. Michelle Cook, a protestor from Tucson, Arizona, said of the blizzard, "Of course
Tioga Downs Casino opened on Friday with fanfare. The event was complete with balloons, confetti, and a crowd of potential gamblers. Despite the celebration, many in Upstate New York wonder whether the new wave of casinos are going to bring a flood of cash to the region. In the ribbon
Lippo Group, an Indonesian conglomerate which has a partnership with Caesars Entertainment for a South Korean casino, is having trouble convincing its partners to make the necessary lands deals for the project to begin. In January 2013, Lippo Group joined with Caesars and a third party, LOCZ Korea, to develop
SugarHouse Casino in Philadelphia launched a website in September which operates in the New Jersey licensed online gambling industry. The site partners with Golden Nugget Atlantic City and is named PlaySugarHouse.com. In its first full month of business in October 2016, SugarHouse Online helped Golden Nugget stake a 25% share
Several legal cases involving the drug Abilify have been centralized in pretrial proceedings by a panel of judges. One of those cases involves a New Jersey man who claims he lost $75,000 gambling while taking Abilify, which he says gave him the urge to gamble. The man claimed he took
X (name redacted per GDPR), a former PokerStars employee, pleaded guilty to operating an illegal gambling business on Monday. In doing so, X was fined for his roll in the Black Friday scandal, but avoided a potential 5 years in federal prison. X, a 43-year old UK citizen, oversaw payment
A Powerball lottery ticket sold in Tennessee this weekend had the winning numbers for a $421 million jackpot. The winnings are expected to be one of the largest sums paid in lottery history. The original expected jackpot was $403 million, but a late surge in ticket buys caused the jackpot
