Earlier this month when the Atlantic Club Casino Hotel in Atlantic City went bankrupt, it was immediately announced that the move was in anticipation of a sale of the property at auction. Sure enough, the long-struggling Atlantic Club, which in recent years has been branded as a downmarket locals casino,
A feature piece in the Washington Post warns that Las Vegas Sands Corp. CEO and outspoken opponent of the regulation of Internet-based wagering in the United States, Sheldon Adelson, is ready to take up the fight anew and will be taking his campaign to Washington D.C. as well as working to
Gary Loveman, CEO of Caesars Entertainment and a native of the city of Boston, clearly isn't taking his company's rejection there lightly. CDC Gaming Reports ran a story this weekend noting that Loveman is still angry that Caesars was forced to back away from a plan to put a $1 billion casino
Foxwoods might be sighing a breath of relief this weekend, with news coming that its Milford, Massachusetts casino plan has moved one step closer to becoming a reality now that the company has cleared a background check performed by state gambling regulators. Meeting suitability requirements is a major step in
Though real money online betting is now legalized in three states - Delaware, New Jersey, and Nevada - not all banks are willing to process the related financial transactions, this according to a report Friday by Bloomberg. PayPal, American Express, and others denying transactions Major banks like Wells Fargo, American
This weekend is the deadline for any former Full Tilt Poker accountholders in the United States who would like to file a claim to receive remissions to do so. November 16 - this coming Saturday - marks the last day that players can submit an application to recover their funds.
With big plans to build one of his signature bronze curtain glass casinos in Philadelphia, Steve Wynn earlier this year was touting the ability of new casino development in Philadelphia as having the ability to bring back a lost standard of glitzy, luxurious urban casino resorts. That vision is apparently
As New Jersey residents gear up for the November 26 launch of real money online betting web sites, Garden State gaming regulators have turned their attention to one of the potential downsides of increased access to gambling - problem gambling - and have announced that those who wish to prohibit
Revel Atlantic City, which was bankrupt within a year of its opening to much fanfare in Spring of 2012, may soon go up for sale, according to a recent report by Bloomberg News. The operators of Revel are said to be "exploring strategic options" as they work to move the
With only two weeks to go before the soft launch of real money regulated online betting sites in New Jersey, this week saw a flurry of licensing approvals, with the first offshore-based companies getting the go ahead from Garden State regulators, according to the Chicago Tribune. Companies that received transactional
A plan in New York state to add seven land-based casinos won the approval of voters there this past Tuesday, and the construction of those properties could be yet another thorn in the side of Atlantic City, according to the South Jersey Times' nj.com. Constitutional amendment clears the way for upstate
The Atlantic Club Casino Hotel in Atlantic City has been successful at one thing this year: keeping its name in the headlines. News broke this week that the ailing land-based casino filed for bankruptcy protection yesterday. The Wall Street Journal is reporting that the move is a precursor to a
