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Gaming News Archives - Page 2578Caesars' net loss nearly doubles, but revenues rise2 May 2012
Caesars told investors the results were due largely to a noncash impairment charge covering a canceled casino project in Biloxi, Miss.
Pinnacle Entertainment reduces first quarter net loss2 May 2012
Las Vegas-based Pinnacle posted a first-quarter net loss but showed increases in revenues and cash flow.
Tropicana Entertainment posts first quarter loss of $4.8 million2 May 2012
The Las Vegas-based company posted a loss of $4.8 million on net revenues of $155.2 million, compared with a loss of $1.4 million on net revenue of $156.8 million in the first quarter of 2011.
Affinity Gaming debt plan leads to rating boost2 May 2012
The Las Vegas-based casino operator plans to raise more than $200 million in new debt that would pay down existing loans and extend its debt maturity by five years to 2020.
Macau approves $3 billion Wynn Cotai resort2 May 2012
Wynn Macau Ltd. said the government of the Chinese gambling hub has published formal approval of the land concession contract, paving the way for construction to start.
WSOP announces partnership with Crown for Australian poker series in 20131 May 2012
World Series of Poker Asia-Pacific (WSOP APAC) will take place April 4-15, 2013, at Crown Melbourne and feature five WSOP gold bracelet events.
Americas Cardroom to satellite 25 players to the LSOP1 May 2012
The LSOP Peru is a $500,000 Guaranteed No Limit Texas Hold'em poker tournament hosted at the Atlantic City Casino in Lima Peru from June 6th to 10th.
Grande Vegas celebrates female super heroes1 May 2012
The Super Heroines leaderboard contest will award prizes up to $2,500 and live raffles will surprise logged on players with instant prizes of $250.
Betting Promotion updates identity and launches two new B2B products1 May 2012
In order to clearly define its B2B offering Betting Promotion has also launched two new B2B products: BETPUSH and BETPOWER.
FutureLogic launches PromoNet Solution v2.01 May 2012
The update introduces PromoNet Player Rewards, a key add-on module that allows large or small operators to connect promotional couponing to their player tracking system.
Riverwalk Casino Hotel announces new director of HR1 May 2012
Sandy Cowart will be responsible for overseeing all aspects of Riverwalk’s human resources operations including the areas of recruitment, guest service training, benefits, and employee relations.
mFortune mobile applications win honors at mGaming Summit1 May 2012
mFortune Mobile Phone Casino won the Best Mobile Bingo Operator and Best Mobile Poker Operator awards at the mGaming Summit.
Good-bye Sahara, hello SLS Las Vegas - Strip property to be redeveloped1 May 2012
The process has been completed to acquire $300 million in financing that will return Sahara, which was shuttered almost a year ago, into an operational north-Strip hotel-casino sometime in 2014.
Gaming stocks gain for fourth straight month1 May 2012
Gaming stocks - on a whole - gained in value, according to Las Vegas-based financial consultant Applied Analysis.
Sports betting gets a push in New Jersey1 May 2012
Reps. Frank LoBiondo (R-N.J.) and Frank Pallone Jr. (D-N.J.) announced a unique partnership on Monday to lobby for bills which would exempt New Jersey from current federal law banning sports wagering except in four states and allow any state to add sports betting if the state approves such activity by January 1, 2016.
Celebrate Cinco de Mayo at Caesars Atlantic City30 April 2012
Festivities at Harrah’s Resort, Bally’s and Showboat make the most of the Saturday holiday.
Kahnawake vote rejects casino proposal30 April 2012
Kahnawake community rejects casino proposal in referendum.
Pigeon racing promotes illegal gambling30 April 2012
Pigeon racing has a fatality rate of 60 percent and an illegal gambling profit of $15 million, PETA alleges.
Online gambling tension ongoing30 April 2012
Antigua took its online gambling dispute with the United States to yet another WTO meeting last week.
Three labor unions want Revel to provide contracts30 April 2012
Unions unhappy that Revel wants to thwart the tradition of Atlantic City being a union town and not offer workers the protection of a union.
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