The ownership group for the Rising Star Casino Resort announced on Wednesday that the company is for sale. The parent company of the Rising Star is the Las Vegas-based Full House Resorts. Upon news of the announcement, Full House Resorts shares gained in price. The shares closed at $1.33, which
Descendants of one of America's top railroad barons are suing to keep a casino out of Orange County, New York. The descendants of E.H. Harriman donated a large stretch of money to create the second-biggest state park in New York. Because they placed certain legal rights in those bequests, they
Illegal gambling and money laundering are just two of the charges lodged against a group of New Jersey men thought to have mafia ties. The state of New Jersey has charged 11 men with running a racketeering syndicate from a Newark restaurant and local check cashing businesses. The men, who
Donald Trump told the New York Daily News that any upstate casinos which receive licenses this fall will "go down the tubes". Trump knows something about failed casinos, because his former Atlantic City properties, Trump Plaza and Trump Taj Mahal, have failed in 2014. The Trump Plaza closed in September
New Jersey Governor Chris Christie signed a bill on Friday which partially repeals the state's sports gambling ban. The repeal clears the way for gaming venues inside the state to begin taking sports bets as early as next weekend. Affected venues will be the Atlantic City casinos, along with racetracks
The New Jersey State Senate passed a couple of bills aimed at helping the Atlantic City economy this week. The first helps nongambling startup companies in the resort city to open, while the second is meant to help the state in its ongoing lawsuit with the major American sports associations.
Genting Limited is a Malaysian multinational conglomerate which makes a great deal of money in the gambling and leisure industries. Genting owns hotels and casinos throughout Asia and Oceania. Soon, the company will break ground on a massive investment in Las Vegas. As the date for the new development arrives,
The Poker Players Alliance says that the U.S. online poker sites need casino-style gaming to survive as a business. Online casino games like slots, roulette, and blackjack can be played in one-player games. Poker cannot, so large card playing communities are needed to sustain a successful poker site. The PPA
The Daily News reports that Olympic swimming legend Michael Phelps was drinking inside a Baltimore casino for 8 hours before his DUI traffic stop. Michael Phelps apparently is a regular at the Horseshoe Casino in Baltimore, where he enjoys playing poker and drinking. Michael Phelps holds the Olympic record for
New Jersey Senate President Steve Sweeney and activist shareholder Carl Icahn are in a war of words over the future of the Atlantic City casino industry. The immediate cause for their public rhetoric is Icahn's attempts to keep the Trump Taj Mahal open after November 13, when bankruptcy documents show
Several of New York's most famous minority-group politicians, including U.S. Representative Charles Wrangel and State Assemblyman Karim Camara, sent a letter to the New York Gaming Commission last week expressing their preferences in the coming casino license announcement. The men gave their support to Greenetrack, a lesser-known Alabama-baed gaming operator
AFL-CIO President Mario Cilento and Hotel Trades Council President Peter Ward say that local a casino in Orange County is the best option for the people of New York. The two union leaders released a statement on Tuesday saying the Orange County casinos "will create the most jobs while generating
