ALBANY, N.Y. — Visitors to New York’s racetrack casinos may soon be able to gamble until the sun comes up under a proposal to let racinos stay open until 6 a.m.
Casinos & Gaming
BOSTON — State gambling regulators agreed Friday to hear arguments next week and possibly rule on Boston Mayor Martin Walsh’s request to suspend the eastern region casino license process until after the November election.
PHILADELPHIA — Penn National Gaming Inc. has abandoned its bid to build a $480 million casino in south Philadelphia, leaving four applicants still in the running for the city’s second casino license.
Slot machine giant Bally Technologies became the second gaming equipment manufacturer this year to lay off a portion of its global workforce, but said Friday the move was associated with its $1.3 billion purchase of a rival rather than poor sales numbers.
Caesars Entertainment Corp. said Friday it would close one of four casinos the Las Vegas-based company operates in Atlantic City, shutting down operations of the Showboat on Aug. 31.
Nevada gaming revenue jumped 8.11 percent in May, which included the Las Vegas Strip’s largest single-month increase this year. Strip casinos collected almost $593 million, a 17.3 percent increase compared to May 2013.
A lawsuit that accuses Boyd Gaming Corp. of failing to pay overtime wages may proceed as a national class action, a federal judge in Las Vegas has ruled.
TOKYO — Caesars Entertainment Corp. will likely agree to a debt restructuring with bondholders within a year and should have no problem financing a foray into the Japanese market, the debt-strapped casino operator’s chief executive said on Thursday.
ATLANTIC CITY — Workers at Atlantic City’s Showboat Casino Hotel will receive notices on Friday warning that the casino may close in two months, a union official said Thursday.
BOSTON — Mayor Martin Walsh on Thursday asked state gambling regulators to halt the process for awarding the Boston-area casino license until after a November vote on the casino law.
BOSTON — Caesars Entertainment intends to appeal a federal judge’s decision dismissing its lawsuit against the state’s top gambling regulator, according to a notice filed in U.S. District Court for Massachusetts this week.
ST. LOUIS — U.S. authorities are intensifying their investigation into money flows from gambling hotspot Macau to ensure that U.S. casinos with operations there are not used as conduits to funnel crime proceeds from Asia and elsewhere into the U.S. financial system.
OXON HILL, Md. — MGM Resorts has chosen a Baltimore-based contractor to build its new casino resort at National Harbor in Prince George’s County.
The last time Macau’s casino industry experienced a monthly gaming revenue decline, the Los Angeles Lakers won their 16th National Basketball Association championship and the Los Angeles Kings were National Hockey League doormats.
New Jersey casino regulators have begun their review of a Canadian company that’s buying the PokerStars online gambling website and hoping to get it licensed in Atlantic City by this fall.
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