Bankrutpcy negotiations have broken down between Caesars Entertainment Corporation and a group of investors referred to as the second-lien creditors. The creditors had invested in the company's operations division -- Caesars Entertainment Operations Company (CEOC) -- and believe the parent company is saddling them with billions of dollars of debt
A woman was escorted from the Potawatomi Hotel and Casino in Milwaukee this weekend due to a dress code violation. The woman's denim shorts did not pass the casino's "fingertip rule", so she was asked to leave after about 20 minutes in the casino. Local media ran the story, which
A Nevada-based company named U.S. Fantasy proposes to turn daily fantasy sports into a parimutuel wagering system. US Fantasy's owner, Vic Salerno, believes DFS under the new rule system would be legal in many US states, including Nevada. If Salerno is right, then daily fantasy sports gaming might return to
A man caught on camera laundering money on Dover Downs slot machines is now in custody. The man is alleged by Delaware State Police to be part of their Operation Duck Hunt, an investigation of a heroin distribution ring. The slots gambler's activities at Dover Downs appears to have given
MGM Resorts International started to charge for parking at its Las Vegas-area casinos this week. The decision to charge for self-parking ends a decades-long policy in which Las Vegas Strip casinos did not charge customers for visiting their casino properties. Until the end of 2016, parking is going to remain
MGM Resorts came to an arrangement with Boyd Gaming to take over the Las Vegas Company's 50% stake in Borgata, the flagship casino in the Atlantic City gaming market. Before this week, MGM Resorts and Boyd Gaming each owned an equal 50% stake in Borgata. MGM Resorts agreed to pay
Gov. Chris Christie signed the long-awaited PILOT bill, ending a long political battle over Atlantic City's financial difficulties. The day before the New Jersey State Senate and General Assembly each passed the PILOT bill with overwhelmling majorities. The two-bill recue package for Atlantic City was veto-proof, making it all-but-inevitable that
The Las Vegas Sands agreed on Tuesday to settle its 6-year old wrongful termination case with former Sands China CEO, Steve Jacobs. In the settlement, the former Macau executive was paid more than $75 million, according to the Wall Street Journal. Mr. Jacobs alleged the Las Vegas Sands Corp. fired
Howard Lederer issued a public apology for his role in the Black Friday scandal, which rocked Full Tilt Poker and led to the demise of the U.S. poker industry. The apology came 5 years and 1 month after the U.S. Justice Department seized the domains for PokerStars, Full Tilt Poker,
Researchers at Lancaster University's School of Computing and Communications released a study recently which focused on the playing habits of 490 online poker players. The study tested the Machiavellianism of the players, then made correlations about their style of play. The results pointed out several traits of the players termed
The Aria Resort & Casino will be the setting for this weekend's 2nd Annual Super High Roller Bowl, a No-Limit Texas Hold'em tournament which brings the biggest name poker professionals in the world to compete. The entry fee is $300,000, while the prize pool is $15 million guaranteed. The event
Mark Giannantonio, the CEO Of Atlantic City's Resorts Casino, predicted that 5 Atlantic City casinos would close, if the state built two casinos in North Jersey. Giannantonio spoke Thursday at the East Coast Gaming Congress, claiming the North Jersey casino initiative would be the effective death knell of Atlantic City's
