The thriller “Runner Runner” starring Justin Timberlake and Ben Affleck hasn’t even opened yet, but it’s already in the center of the fight over online gambling regulation.”
Casinos & Gaming
Caesars Entertainment Corp. told shareholders they have until Oct. 17 to participate in a stock sale that will raise $1.18 billion and place ownership of Planet Hollywood, the company’s interactive division and a new Baltimore casino into a new holding company.
ATLANTIC CITY — Residents and visitors will be able to start gambling online on Nov. 26 in New Jersey, after a five-day trial period to make sure the systems operated by Atlantic City’s 12 casinos work properly.
The downtown Las Vegas resort property once known as the Lady Luck will reopen next month as the Downtown Grand, the property’s chief executive said Friday.
BOSTON— Three companies have formally applied to operate a slots parlor, the first type of expanded gambling facility expected to open in Massachusetts, state gambling regulators said Friday.
While viewing the $185 million transformation of the Barbary Coast/Bill’s Gamblin’s Hall into the Gansevoort Las Vegas, hotel developer Michael Achenbaum said he was seeking “an interesting and unique” opportunity to plant his boutique lifestyle hotel on the Strip.
Cantor Fitzgerald LP denied a published report Thursday that federal prosecutors are investigating its gaming unit’s chief executive for participating in his company accepting illegal sports bet.
Daniel Lee, a veteran gaming executive, has been appointed chief executive officer of the Palms Casino Resort. Lee replaces Joseph Magliarditi, who took over day-to-day operations of the off-Strip property in June 2011.
William H. Ryan Jr., chairman of the Pennsylvania Gaming Control Board, has indicated the winning applicant for Philadelphia’s second casino license could be selected in March or early April.
Macau casinos collected $3.6 billion from customers during September and analysts already are debating whether or not October’s results could surpass the single-month all-time record.
Global Cash Access Inc. will provide payment service products to GameAccount Network for its online gaming systems, the Las Vegas-based payments and cash access company said Tuesday.
The operators of CityCenter are seeking new loans to refinance the 4-year-old Strip development’s nearly $2 billion of long-term debt.
A defamation lawsuit filed by Las Vegas Sands Corp. Chairman Sheldon Adelson against the National Jewish Democratic Council was dismissed by a federal judge in New York City on Monday.
Nevada casinos saw a better-than 11 percent increase in gaming revenues during August while Strip casinos saw a nearly 20 percent jump in their monthly numbers.
Pinnacle Entertainment CEO Anthony Sanfilippo drew as much attention during last week’s Global Gaming Expo as the Na’Vi warriors, zombies, Beetlejuice and David Copperfield.
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