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AC Casinos: Take Action To Save Atlantic City From Financial Abyss Now

By David Madden

ATLANTIC CITY, NJ (CBS) — With Atlantic City’s government teetering on the brink of running out of money, the casinos are chiming in on the debate. 321 more words

News

Atlantic City Could Default As Early As Sunday

Atlantic City is apparently not the kind of city that backs down from a challenge, even when it would be best to do so.

Just a day after Puerto Rico’s governor, Alejandro Garcia Padilla, announced that… 406 more words

Finance

Big Fish benefit continues for Churchill Downs Inc.

Churchill Downs Inc. continues to benefit from entering into the online social games market, but the Louisville-based company said its most improved performers for the first three months of 2016 in adjusted earnings were its casino and online pari-mutuel betting businesses. 243 more words

Churchill Downs Inc.

New $130M Mohegan Sun hotel eyes fall opening

UNCASVILLE – Bob Gervasini is showing off the Earth Hotel – Mohegan Suns’ latest addition –all 25,000 square feet of it.

Inside, President and General Manager Ray Pineault is getting his first tour. 100 more words

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Red Rock Resorts Raises Over $500 Million in Its IPO

Red Rock Resorts raised $531.4 million in its initial public offering on Tuesday, as the U.S. stock market becomes more welcoming for new flotations following months of volatility that grounded several IPO hopefuls. 292 more words

Finance

Tribes say letter shows new casino won't hurt slots deal

HARTFORD, Conn. (AP) — Leaders of Connecticut’s two federally recognized Indian tribes say they’ve received preliminary assurances from federal officials that gambling agreements with the state would not be jeopardized by a proposed third casino. 111 more words

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Sheldon Adelson wants to lure the Raiders to move to his Las Vegas dome. What could go wrong?

The Oakland Raiders, one of the most litigious franchises in pro sports, is in serious discussions to move to Las Vegas and play in a new dome financed by Las Vegas Sands, the casino company run by Sheldon Adelson, one of the most litigious executives in the business world. 483 more words