APNewsBreak: Licensing agreement clears way for vote on handover of first NJ casino to lendersOctober 9th, 2009 AP: Lenders to seek full license for NJ casinoATLANTIC CITY, N.J. — Lenders seeking to take over the first American casino outside Las Vegas have agreed to seek a full New Jersey casino license.
Agreement on licensing clears way for vote on handover of NJ's first casino to its lendersOctober 9th, 2009 Lenders to seek full license for NJ Resorts casinoATLANTIC CITY, N.J. — The financially strapped Resorts Atlantic City, America's first casino outside Nevada, moved closer to being taken over by lenders after they agreed to seek a full New Jersey casino license.
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.
Not married to the mob, but related to it: Merlino faces tough climb in bid for casino licenseSeptember 21st, 2009 'Family' ties at issue in Merlino casino work bidATLANTIC CITY, N.J. — Joseph N.
Group led by investor Carl Icahn gets NJ casino regulators' approval to buy TropicanaAugust 26th, 2009 NJ approves new Tropicana ownership led by IcahnATLANTIC CITY, N.J. — New Jersey regulators approved a plan Wednesday for the former corporate parent of Atlantic City's bankrupt Tropicana Casino and Resort to operate the business again as a reorganized company owned by a group of investors led by billionaire Carl Icahn.
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.
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.
NJ could force sale of half Borgata because of co-owner's ties to Chinese casino bossJuly 31st, 2009 NJ may force sale of half Borgata over Chinese tieATLANTIC 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.
Goan casinos seek cut in proposed entry feeJuly 30th, 2009 PANAJI - In a collective response to the "tough" measures proposed in Goa's additional budget 2009-10, the offshore casino industry has objected to the proposed 10-fold increase in the entry fee to casino vessels from Rs.200 to Rs.2,000. In a memorandum submitted to Chief Minister Digambar Kamat and leader of opposition Manohar Parrikar Monday, the Association of Offshore Casinos (AOC) has asked the government to whittle down the proposed enhanced entry fee from Rs.2,000 to Rs.500.
Icahn rep says new owners will take 'conservative' approach to running NJ's TropicanaJuly 27th, 2009 Icahn rep: Will be 'conservative' at NJ TropicanaATLANTIC CITY, N.J. — The new owners of the Tropicana Casino and Resort plan to take "a pretty conservative approach" to spending money on additions to the gambling hall, a company official said Monday.
Schwarzenegger says next year's budget deficit is $15B; will climb if voters reject measuresMay 12th, 2009 Schwarzenegger: Next year's deficit climbs to $15BSACRAMENTO, Calif. — Gov. Arnold Schwarzenegger is warning that California faces a $15.4 billion budget deficit in the coming fiscal year, nearly double the previous estimate.
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.
NJ regulators authorize bankruptcy sale for Atlantic City's TropicanaApril 29th, 2009 Bankruptcy sale authorized for AC TropicanaATLANTIC CITY, N.J. — The Tropicana Casino and Resort in Atlantic City, N.J., will be auctioned off to the highest bidder in U.S.
New Jersey regulators authorize cut-price auction for Atlantic City's Tropicana CasinoApril 29th, 2009 NJ OKs cut-price auction for Atlantic City casinoATLANTIC CITY, N.J. — New Jersey regulators on Wednesday authorized what could be an 80 percent-off sale for one of Atlantic City's largest casinos, permitting the Tropicana Casino and Resort to be sold in a bankruptcy court auction.
Macau casino operator Galaxy posts $1.5 bln loss for 2008 on gaming license write-downApril 24th, 2009 Macau casino operator Galaxy posts $1.5 bln lossMACAU — Macau casino operator Galaxy Entertainment said losses ballooned in 2008 after writing down the value of its gaming license and warned of a further delay to the opening of a massive hotel-resort project if the economy worsens. Galaxy Entertainment Group Ltd.
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