Gaming

Donald Trump sues to get his name off casinos

This July 24, 2014, photo shows several lights burned out in the illuminated facade of the Trump Plaza Hotel Casino in Atlantic City, Tuesday Aug. 5, 2014.

Donald Trump has a message for the two Atlantic City casinos that still bear his name, five years after he gave up anything to do with ...

Caesars Entertainment, creditors trade lawsuits

Gary Loveman, president, CEO and chairman of Caesars Entertainment, delivers a keynote address during the Global Gaming Expo (G2E) at the Las Vegas Convention Center Wednesday, November 17, 2010.

Caesars Entertainment’s ongoing financial troubles escalated this week with two lawsuits, one from the casino company alleging that some creditors are trying to force a default and another from creditors alleging Caesars transferred assets fraudulently. The first lawsuit was filed Monday by...

Why Las Vegas has recovered better than Atlantic City since the recession

Tourists pose in front of the iconic Welcome to Fabulous Las Vegas sign Tuesday, March 6, 2012.

The recession hit gambling destination cities Las Vegas and Atlantic City especially hard, but though Las Vegas has been able to recover, Atlantic City has not, due in large part to ...

MGM Resorts returns to profit in 2nd quarter

This is an exterior photo of the MGM Grand on the Las Vegas Strip.

MGM Resorts International, the owner of such iconic Strip properties as the MGM Grand, Bellagio and New York-New York, announced its second-quarter earnings today. The company also has

Australian casino mogul takes second chance on north Strip with Frontier site deal

The site of the New Frontier — a casino imploded seven years ago — has been sold to Crown Resorts.

Australian casino mogul James Packer took a bath on the Fontainebleau, sinking hundreds of millions of dollars into the doomed Las Vegas resort. But that didn’t turn him off from ...

Tribe, Treasure Island owner partner for Kansas casino

An Oklahoma-based tribe is partnering with the owner of a Las Vegas hotel to reopen a track in southeast Kansas and convert it to a casino. Phil Ruffin is owner of Las Vegas' Treasure Island Hotel and Casino and...

Australian billionaire planning new Strip casino

The 34.6-acre site of the New Frontier sold for $1.2 billion in 2007.

Australian casino mogul James Packer has acquired the former New Frontier site on the north Las Vegas Strip and plans to build a resort there. Packer, the billionaire chairman of Crown Resorts Ltd., has teamed with...

Bally move makes it one of two industry ‘behemoths,’ analyst says

In this June 6, 2007, file photo, Bally Technologies slot machines are showcased at the Palms hotel-casino in Las Vegas. Scientific Games on Friday, Aug. 1, 2014, said it will pay about $3.3 billion to buy slot machine maker Bally Technologies in a cash deal that expands its casino management system portfolio.

A $3.3 billion merger between Scientific Games and Bally Technologies will make the newly combined gambling equipment company one of two giants in its industry. It comes on the heels of ...

MGM Resorts finalizes purchase of 2 Massachusetts properties

This Wednesday, Aug. 22, 2012, file photo of an artist rendering provided by MGM Resorts International via The Republican shows part of a proposed casino complex in Springfield, Mass.

MGM Resorts International has taken ownership of two city-owned properties in downtown Springfield as it plans to build an $800 million casino there. City and casino officials confirmed Friday that the Las Vegas-based casino giant closed on the...

Macau casino revenue falls for 2nd straight month

Macau.

Casino revenue in the global gambling mecca of Macau fell for a second straight month in July as Chinese high rollers stayed away because of Beijing's corruption crackdown. Official data released Friday show that revenue fell...

Scientific Games strikes $3.3B deal to buy Bally Technologies

Jose Figueroa of Puerto Rico looks over slot machines in Bally Technologies' Pro Wave cabinets during the G2E convention at the Sands Expo Center Tuesday, Sept. 24, 2013.

Scientific Games plans to pay about $3.3 billion to buy Las Vegas-based Bally Technologies in a deal that would combine makers of gambling equipment ranging from slot machines to instant-win lottery games. The electronic gambling machine maker said Friday that it will pay $83.30 for each share of Bally. That amounts to a 38 percent premium to Bally's closing price of...

Billionaire James Packer seeking return to Las Vegas

James Packer is executive chairman of Publishing and Broadcasting Limited and Australia's richest person.

Australian billionaire James Packer is in talks to develop a Las Vegas Strip resort on land once occupied by the New Frontier after buying a piece of a loan backed by ...

Home owned by Trump holdout auctioned for $530,000

The Trump Plaza towers over Vera Coking's three-story rooming house Wednesday, July 23, 2014, in Atlantic City. The decrepit boarding home owned by the Atlantic City woman who has been turning down multimillion-dollar offers for the building in the shadow of Trump Plaza since the 1980s is now up for auction.

She once called Donald Trump "a maggot, a cockroach and a crumb." This week, he remembered her as "an impossible person." The woman who became a folk hero for resisting decades-long efforts by big-name developers like Trump to displace her Atlantic City boardinghouse is now 86 and, at last, has sold. The 29-room property Vera Coking and her husband bought...

Downtown Grand names 4 new executives

A view of the lobby following an official opening ceremony for the Downtown Grand in downtown Las Vegas Tuesday, Nov. 12, 2013.

The Downtown Grand has a slate of new executives. Management announced today that Marie Ramsey was hired as chief financial officer; Jeffrey Rabinowitz joined as ...

Las Vegas Strip’s first bitcoin ATM becomes operational

For those willing to take a chance on the digital currency bitcoin, there's a new way to get cash on the Strip. As with a regular ATM, people who use this ...