Gaming

Judge denies sports betting in New Jersey

Odds are posted at the LVH sports book during the second round of the NCAA basketball tournament Thursday, March 20, 2014.

A federal judge ruled Friday night that New Jersey cannot partially lift a prohibition on sports betting in an effort to boost the state's struggling horse racing and ...

Sorting out Caesars: How company slid into distress, and what’s next

An exterior view of Caesars Palace, June 6, 2013.

With Caesars appearing to be poised to file for bankruptcy as soon as January, the company's future could be complicated. Here's an explanation of what's happening, and what could happen as ...

House of woman who took on Donald Trump demolished

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 has been demolished.

A former Atlantic City boardinghouse at the center of a David and Goliath battle between its owner and Donald Trump has been demolished. Vera Coking's modest three-story boardinghouse was ...

Wynn Resorts official disputes report of money-laundering probe

Wynn Resorts spokesman Michael Weaver disputes a report the company is under investigation for breaking money-laundering laws. Weaver issued a statement Thursday after ...

MGM, Wynn to take on $1 billion in debt each for projects

A rendering shows the $800 million MGM Springfield in Massachusetts.

Two Las Vegas-based casino companies say they each plan to take on at least $1 billion in debt to help pay for new casino-hotel developments in Massachusetts among other things. MGM Resorts and Wynn Resorts both ...

Regulators OK $5.1 billion merger of gaming technology companies

In this June 6, 2007, file photo, Bally Technologies slot machines are showcased at the Palms hotel-casino in Las Vegas.

Nevada regulators today approved the merger of Scientific Games and Bally Technologies, paving the way for two of the biggest gaming technology companies to become an even larger combined entity. The state Gaming Commission ...

Casinos push back on Massachusetts gambling limits

In a rarely used tactic meant to address gambling addiction, Massachusetts may require casinos to reward their customers for voluntarily setting limits on how much time and money they spend at slot machines under a proposal being considered by ...

Caesars reveals plan after creditor walks away

An exterior view of Caesars Palace on Thursday, June 6, 2013.

Overwhelmed with debt and seeking a way out from under it, Caesars Entertainment Corp. floated a plan that would have turned its most debt-heavy division into a ...

Firm cancels plan to buy closed Revel resort

The Revel resort, right, is shown next to the closed Showboat in Atlantic City, Monday, Sept. 1, 2014. Four of Atlantic City's 12 casinos have closed this year.

A Toronto-based company abandoned its plan to buy the former Revel Casino Hotel in Atlantic City on Wednesday, dealing another blow to a city reeling from ...

A Quick Stop loses slot machine license over stolen cigarettes

A food mart in Las Vegas, caught selling stolen cigarettes to customers, has agreed to have its state gaming license revoked. The Nevada Gaming Control Board and Quick Stop Food Mart filed ...

Revenue, profit up for Stratosphere parent company

A view of the newly renovated main entryway at the Stratosphere Hotel & Casino, Thursday April 5, 2012.

The Stratosphere’s parent company, which also owns Arizona Charlie’s and the Aquarius in Laughlin, reported its third-quarter earnings today. As with last quarter, nongaming revenue was key to ...

Nevada online poker company Ultimate Gaming shutting down

A sample poker game is played on the Ultimate Gaming website in Las Vegas on April 29, 2013. Ultimate Gaming began offering Internet gambling in Nevada in early 2013.

Ultimate Gaming, one of Nevada’s three legal online poker providers, announced today that it’s ending operations in the state. The move comes about two months after Ultimate Gaming withdrew from New Jersey. In a news release, the company referenced some of the online poker industry’s overall struggles as ...

Slot parlors among host of gaming issues legislators will tackle

The Nevada State Legislature building is shown in Carson City, Nev., Thursday, March 31, 2005.

Slot parlors, the role of technology in gambling and illegal sports betting are among the casino-related issues that the Nevada Legislature could take up when it convenes ...

Caesars layoffs to be ‘spread out evenly’ among properties, won’t exceed 680 workers

An exterior view of Caesars Palace on Thursday, June 6, 2013.

Debt-saddled Caesars Entertainment confirmed today that it’s laying off less than 1 percent of its total workforce amid ongoing attempts to improve the company’s financial situation. Caesars employs about ...

Station reports modest revenue growth for 3rd quarter

The Red Rock Casino Resort is shown in the western Las Vegas Valley.

ocals gaming giant Station Casinos, whose properties include Palace Station, Green Valley Ranch and Red Rock Resort, reported its third quarter earnings today. Station’s adjusted earnings before interest, income taxes, depreciation, amortization and management fees — its cash flow — was ...