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Casinos & Gaming

Date set for hearing on New Jersey sports betting

TRENTON, N.J.— A judge who temporarily stopped New Jersey from allowing legalized sports betting last weekend has set a court date for the state, major U.S. professional sports leagues and the NCAA to argue whether the ban should be extended.

Wynn revenues dip, but profits up in Q3

Wynn Resorts Ltd. said Tuesday the company had a 1.4 percent dip in revenue in the third quarter, but results from the casino operator’s Strip properties boosted profits.

REIT sues Cannery Casino Resorts over racetrack casino purchase

The company buying a Pittsburgh area racetrack casino owned by Cannery Casino Resorts sued the Las Vegas-based casino operator for allegedly breaching the $465 million purchase agreement.

Nevada gaming revenue declines for second straight month

Nevada gaming revenue declined almost 6 percent in September, marking the state’s second straight monthly drop. On the Strip, gaming revenue declined 12.1 percent.

SEC approves Full House shareholder solicitation

Full House Resorts shareholders were given the go-ahead by the Securities and Exchange Commission Tuesday to solicit other stockholders of the casino operator on holding a special vote to remake the company’s board.

 
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Station Casinos makes the effort to help schools

Station Casinos hosted its annual Smart Start breakfast this month at Red Rock Resort’s T-bones Chophouse and awarded $50,000 — $5,000 each — to 10 elementary schools designated by the Clark County School District as needing the greatest assistance for students.

California Indian casino fight has implications for Nevada

California Proposition 48 is several tribes vs. the North Fork Rancheria Band of Mono Indians and Station Casinos. The measure could determine if North Fork can move forward with a $350 million casino complex in the town of Madera.

Smoking ban the least of worries in Macau gambling

New smoking rules have been the least of the problems to beset Macau this year. The Chinese gaming enclave has experienced four straight months of gaming revenue declines.

Judge blocks start of sports betting in New Jersey

A federal judge has granted a request from the four major U.S. professional sports leagues and the NCAA to at least temporarily stop New Jersey from allowing legalized sports betting.

Picket lines planned for Taj Mahal in Atlantic City

ATLANTIC CITY — The battle over the future of the Trump Taj Mahal entered what could be its final phase on Friday as union picket lines went up outside the struggling casino, which even its would-be savior says is likely to close.

Icahn: Taj Mahal ‘will almost certainly close’

ATLANTIC CITY — Billionaire investor Carl Icahn says the struggling Trump Taj Mahal casino “will almost certainly close.”

New Jersey files defense of sports betting effort

TRENTON, N.J. — Claims that New Jersey’s plan to allow legal sports gambling violates federal law are meritless, the state wrote in a court filing in response to efforts by four major U.S. pro sports leagues and the NCAA to stop gambling from beginning this weekend.

Taj Mahal casino workers dread insurance loss

ATLANTIC CITY — One worker had to move up a double mastectomy before her insurance runs out in a week. Another says he can no longer afford diabetes medicine for his young son, and a third may have to do without medication for frequent asthma attacks.

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