Bondholders battling Donald Trump for 3 Atlantic City casinos boost offer to by $50M to $225MOctober 7th, 2009 Bondholders raise offer for Trump casinos to $225MATLANTIC CITY, N.J. — Bondholders battling Donald Trump for control of Trump Entertainment Resorts' three Atlantic City casinos have raised their offer to $225 million — well in excess of what the real estate mogul and reality TV star has offered to regain the gambling company he once ran.
Greenbrier resort offers table games to guests, plans video lotteryOctober 5th, 2009 Greenbrier resort offers table games, plans slotsWHITE SULPHUR SPRINGS, W.Va. — Less than a month after getting its license to offer gambling, the historic Greenbrier resort has opened the Tavern Casino, an onsite facility for guests with table games including blackjack, three-card poker and roulette.
Obama says Juanes Havana concert doesn't hurt, but carries no US stamp of approvalSeptember 20th, 2009 Obama: Cuban mega-concert doesn't hurt US outreachWASHINGTON — President Barack Obama says cultural diplomacy with Cuba can be helpful to a point. But he says the effect of performances such as the concert set for Sunday in Havana by Colombian singer Juanes should not be overstated.
Russia's Sberbank insists on technology transfers with Opel saleSeptember 19th, 2009 MOSCOW - Sberbank, one of the members of a consortium set to buy carmaker Opel, said the transfer of the company's technological know-how to Russia is a non-negotiable part of the deal, the Interfax news agency reported Saturday. "If the import of technologies doesn't take place, then we will have just wasted our time," said German Gref, the head of the Russian bank, at an economic forum in the Russian city of Sochi.
Russia's Putin praises Obama's missile defense move, urges US to end trade restrictionsSeptember 18th, 2009 Russia's Putin urges US to scrap trade barriersSOCHI, Russia — Russian Prime Minister Vladimir Putin on Friday praised President Barack Obama's decision to scrap plans for a missile defense system in Europe and urged the U.S. to also cancel Cold War-era restrictions on trade with Russia.
A look at Atlantic City's casino labor situationSeptember 15th, 2009 A look at Atlantic City's casino labor situationWHAT: Two unions — Local 54 of UNITE-HERE, representing 15,000 room cleaners, beverage servers and other workers at all 11 Atlantic City casinos, and the United Auto Workers, which represents about 3,000 dealers, technicians and other workers at four casinos — are bargaining with the gambling houses. WHAT'S AT STAKE: Local 54 is seeking a new two- or three-year contract and is farther along in talks than the UAW, which is seeking first-ever dealer contracts with the Tropicana Casino and Resort, Bally's Atlantic City, Caesars Atlantic City and Trump Plaza Hotel and Casino.
Recognizing mutual economic peril, Atlantic City casinos and unions seek to prevent strikeSeptember 15th, 2009 AC casinos, unions seek to avoid strikeATLANTIC CITY, N.J. — The contract between most of Atlantic City's 11 casinos and the workers who keep them clean and stocked with food and drink expired Tuesday, but both sides plan to continue talks.
Russian security forces kill four militantsSeptember 12th, 2009 MAKHACHKALA - Four militants were killed Saturday in a counter-terrorist operation on the outskirts of Makhachkala, the capital of Russias North Caucasus republic of Dagestan, a police spokesman said. According to the official, the militants were suspected of involvement in Fridays murder of a deputy prosecutor in Makhachkala, as well as an attack on police in the city of Kizilyurt.
Bondholders win bid to challenge plan to let Donald Trump regain 3 Atlantic City casinosAugust 27th, 2009 Judge: Bondholders can oppose Trump casinos planCAMDEN, N.J. — A federal bankruptcy judge has handed Donald Trump a legal setback in his battle to buy back three Atlantic City casinos he once controlled.
Conn. casino tribes strike deal with state to pay $25 million for slots promotionsAugust 26th, 2009 Conn. tribes to pay $25M to state for slots useHARTFORD, Conn. — Officials say two American Indian tribes will pay the state of Connecticut $25 million in slot revenues to compensate for promotions that allowed gamblers to use slots for free.
Russia's Medvedev eases restrictions on rights groups, other nongovernmental organizationsJuly 20th, 2009 Russia eases restrictions on rights groups, NGOsMOSCOW — The Kremlin says President Dmitry Medvedev has signed legislation easing restrictions on human rights groups and other non-governmental organizations. The legislation is one of the few palpable signs of change in the Kremlin's treatment of independent organizations since Medvedev succeeded Vladimir Putin as president last year.
Casinos, gambling halls close across Russia under new law setting up remote gambling zonesJuly 1st, 2009 Russian gambling halls shut down in most citiesMOSCOW — One of the glitziest symbols of cash-splashing Russians vanished from Russia's cityscapes Wednesday as a law banning casinos, slot-machine parlors and betting halls outside four remote regions of the country came into effect. The law, a brainchild of Russia's famously anti-vice Prime Minister Vladimir Putin, was estimated to put 400,000 people out of work at a time when Russia's economic crisis is deepening and unemployment is rising.
Casino lights to dim in Moscow as new law pushes gambling to distant corners of RussiaJune 29th, 2009 Russian law restricting casinos draws nearMOSCOW — Russian gamblers are placing their final bets before casinos close down for good in Moscow and other big cities. A new law that comes into effect Wednesday says gambling must now be confined to four far-flung special zones.
MTV seeking daily pop culture show, bets on British modelApril 28th, 2009 MTV bets on British model for daily culture showNEW YORK — MTV has been without a show that has defined pop culture since the demise of "Total Request Live" and is betting on a 25-year-old British model who dates a rock star to help fill that void. "The Alexa Chung Show" will be a mix of celebrity talk, music and online interaction with viewers.
Casino freebies grow few and far between as economic picture darkensApril 23rd, 2009 In recession, casino freebies are hard to come byATLANTIC CITY, N.J. — Many casinos are handing out fewer freebies to gamblers as they take in less money during the recession.