Chinese government to finance rest of Revel's Atlantic City casinoSeptember 10th, 2009 Chinese gov't to finance rest of Revel's AC casinoATLANTIC CITY, N.J. — Revel Entertainment has turned to the Chinese government for financing to finish its lavish Atlantic City casino.
APNewsBreak: Referendum on Wash.'s 'everything but marriage' law qualifies for Nov. ballotAugust 31st, 2009 APNewsBreak: Gay partnership foes make ballotOLYMPIA, Wash. — A referendum that could overturn Washington state's "everything but marriage" domestic partnership law has qualified for the November ballot.
Lakes Entertainment withdraws Kansas application, in joint venture with Chisholm on casinoAugust 24th, 2009 Lakes Entertainment in joint venture for casinoMINNEAPOLIS — Lakes Entertainment Inc. said Monday that it is withdrawing its application to create a casino in Kansas and instead will team up with Chisholm Creek Casino Resort LLC on their application.
Jethro considers buying Silver Club in Sparks for his Hillbillies casinoAugust 20th, 2009 Jethro might buy Nev. casino for Hillbillies planRENO, Nev.
DivX NEC Electronics sign licensing deal; terms not disclosedAugust 18th, 2009 DivX, NEC Electronics sign licensing dealSAN DIEGO — Video technology company DivX Inc. said Tuesday it has signed a multiyear licensing agreement with Japanese chip company NEC Electronics Corp.
APNewsBreak: Resorts Atlantic City wants to cede ownership to lendersAugust 14th, 2009 APNewsBreak: Resorts AC wants lenders to be ownersATLANTIC CITY, N.J. — Strapped for cash and unable to make loan payments since October, America's first casino to open outside Las Vegas wants to hand itself over to its lenders.
APNewsBreak: Donald Trump regains control of the 3 Atlantic City casinos he once ranAugust 4th, 2009 APNewsBreak: Donald Trump regains 3 AC casinosATLANTIC CITY, N.J. — Meet the new boss, same as the old boss: It's Donald Trump.
Oregon governor signs bills to reduce foreclosures, verify mortgage originators' backgroundsJuly 31st, 2009 Oregon governor signs consumer protection billsSALEM, Ore. — Gov. Ted Kulongoski signed two new consumer protection bills Thursday, including one aimed at reducing the number of home foreclosures in Oregon.
APNewsBreak: NJ could force sale of half of Borgata for co-owner's ties to Chinese casino bossJuly 31st, 2009 APNewsBreak: NJ could force sale of half BorgataATLANTIC CITY, N.J. — One of the co-owners of Atlantic City's top casino could be forced to sell its 50 percent stake as a result of concerns by New Jersey officials over alleged organized crime ties of its partner in a Chinese casino venture.
Goa minister's aide held for threatening casino managementJune 19th, 2009 PANAJI - An aide of Goa Tourism Minister Francisco Pacheco has been arrested for threatening the management of a casino that has been accused of not paying the minister his winnings of Rs.1.25 crore. Matthew Diniz was arrested late Thursday after threatening the staff of the Treasures Casino at the Majorda beach resort, said police inspector Edwin Colaco.
Casino-resort developer Fontainebleau files for bankruptcy protection after failed financingJune 10th, 2009 Fontainebleau Las Vegas files for Chapter 11MIAMI — Casino-resort developer Fontainebleau Las Vegas LLC said Tuesday it has filed for Chapter 11 bankruptcy protection after failing to get certain lenders to provide about $800 million in construction funding to complete the company's $2.9 billion property on the Las Vegas Strip. Fontainebleau Las Vegas had filed a $3 billion lawsuit in April against Bank of America, JPMorgan Chase Bank, Deutsche Bank Trust Company Americas and eight other lenders in an effort to access the prearranged financing to pay its 3,000 construction workers and finish the project, which is 70 percent complete and had eyed an October opening.
Atlantic City's Trump Taj to halt table games during slain worker's memorial serviceJune 2nd, 2009 NJ casino halts table games to honor slain workerATLANTIC CITY, N.J. — An Atlantic City casino is shutting down its table games for part of the day to honor the memory of a slain worker.
MGM Mirage, Dubai World and lenders reach pact to finish $8.5 billion CityCenter in Las VegasApril 29th, 2009 MGM Mirage, Dubai reach pact to finish CityCenterLAS VEGAS — Casino operator MGM Mirage said Wednesday that it agreed with partner Dubai World and the pair's lenders to finish an $8.5 billion casino complex on the Las Vegas Strip. MGM Mirage said Dubai World, the investment arm of the Dubai government, would drop a lawsuit it filed against the Las Vegas-based casino company, which is majority owned by investor Kirk Kerkorian.
New Jersey regulators authorize bankruptcy sale for Atlantic City's TropicanaApril 29th, 2009 Bankruptcy sale authorized for NJ casino TropicanaATLANTIC CITY, N.J. — The Tropicana Casino and Resort in Atlantic City, N.J., is about to enter bankruptcy court, where it will be auctioned off to the highest bidder.
AP Interview: 2 King children say brother botched $800K licensing deal with memorial groupApril 23rd, 2009 2 King siblings say licensing deal handled badlyATLANTA — Two of Martin Luther King Jr.'s children say they were not aware of the details of an $800,000 licensing deal with a memorial foundation brokered two years ago by their brother, whom they accused of tarnishing their parents' legacy with his business decisions. Bernice King and Martin Luther King III acknowledged Wednesday they generally favored the agreement between The King Center and the foundation building the national memorial to their father, but insist it was handled badly by their brother, Dexter King, and struck without their involvement.
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