On the day after the New Jersey State Assembly voted 60-to-17 to approve a bill that would keep the Trump Taj Mahal closed for at least 5 years, Carl Icahn announced he was in talks with other casino operators to sell control of the casino. On Monday, the State Assembly
The Las Vegas Sun published a story recently about what happens to unused slot machine tickets and video poker machine tickets. It was a fascinating story, but one that means a windfall for the state of Nevada. The story discussed machine-dispensed tickets that were lost, forgotten, or simply uncashed. A
The American Gaming Association sent a memorandum to President-Elect Donald Trump, providing him with updates on the gambling industry after Trump left it in 2009. The pdf memo looked to the future of the industry, including sections on tribal gaming, sports betting, and online gambling. The AGA's memo also predicted
Professional poker player Phil Ivey lost his edge sorting lawsuit with Borgata and a judge has ordered him and his baccarat partner to pay $10.1 million to Borgata. The lawsuit stems from a 4-month period in 2012 when Phil Ivey and a friend, "Kelly" Cheng Yin Sun, won $9.6 million
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
