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Casinos are buying fewer slot machines than they have in a decade as they stretch their spending, a slot machine maker said Wednesday.
Donald Trump ended his war with bondholders of the casino company that bears his name, settling Tuesday for 10 percent of Trump Entertainment Resorts once it emerges from bankruptcy.
Ohio's governor and members of the horse racing industry are concerned that casinos recently approved for four cities by Ohio voters could hurt the state's struggling racing industry.
A casino developer and poker champion behind last year's failed bid to expand gambling in Ohio has staked a claim to all four casinos the state's voters approved Tuesday.
Ohio voters have given their blessing to the opening of casinos in Toledo and three other cities, and that has Michigan officials and gambling interests paying close attention.
Developers of four new Ohio casinos looked eagerly to the future Wednesday, even as opponents concocted plans to stymie their efforts and surrounding states braced for economic losses.
Ohio voters hit hard by the economic downturn have approved casinos on the fifth try by gambling supporters in the past two decades.
U.S. Sen. George Voinovich, R-Ohio, said Friday he hoped the Holy Spirit would inspire voters to come out in droves against a plan to put casinos in the state's major cities. Separately, an organization opposing the casinos tried to draw more attention to a key casino backer's arrest on a gambling charge 27 years ago.
The four Democratic candidates vying for the late Edward Kennedy's Senate seat have finally found something they can disagree on: casino gambling.
Gamblers are wagering less than a year ago, visiting casinos less often and holding back on extras when they do, continuing trends that left the industry struggling in the third quarter.
Backers of next week's Ohio ballot issue on whether to build casinos in four Ohio cities held a rally to urge a big labor vote.
Some Ohio senators were curious Wednesday about the possibility of plugging the state's budget hole with money from casinos, should they be approved by voters next week.
Both sides in the battle to buy Trump Entertainment Resorts and its three Atlantic City casinos out of bankruptcy are digging deeper in their pockets to try to make it happen.
A Maryland private equity fund whose chief investment officer is barely old enough to roll the dice or have a legal drink wants to become a player in the Atlantic City casino industry.
The union representing 15,000 Atlantic City casino hotel workers approved a new contract Monday with four casinos, providing raises for most workers and guaranteeing benefits won't be reduced.
Two and a half years and more than a million dollars later, the United Auto Workers has little to show for its costly effort to unionize dealers at Atlantic City's casinos.
WHAT: Two unions — Local 54 of UNITE-HERE, representing 15,000 room cleaners, beverage servers and other workers at all 11 Atlantic City casinos, and the United Auto Workers, which represents about 3,000 dealers, technicians and other workers at four casinos — are bargaining with the gambling houses.
The contract between most of Atlantic City's 11 casinos and the workers who keep them clean and stocked with food and drink expired Tuesday, but both sides plan to continue talks.
A federal bankruptcy judge has handed Donald Trump a legal setback in his battle to buy back three Atlantic City casinos he once controlled.
On TV, this kind of thing gets you fired. Bondholders who stand to lose their $1.25 billion investment are standing up to Donald Trump, asking a bankruptcy court judge to block the planned sale of three Atlantic City casinos to the man who once controlled them.
Shares of casino operators with properties in Macau climbed Monday as July gaming revenue edged up in the Chinese enclave and Melco Crown Entertainment Ltd.'s new casino reported promising monthly results.
Declines in convention business and tourism took their toll on Las Vegas casino operators in the second quarter, as Wynn Resorts Ltd. and Las Vegas Sands Corp. each reported worse results Thursday than they did a year earlier.
Station Casinos Inc. voluntarily filed for Chapter 11 bankruptcy protection Tuesday, after the casino operator and its bondholders failed to reach a full agreement during months of negotiations.
The parent company of two Atlantic City casinos targeted for a possible dealers' strike began planning Monday to hire replacement workers in the event of a walkout.
Nepal wants Indian prostitutesThis week the anonymous sex blogger Belle de Jour revealed her true identity as a scientist and claimed she enjoyed her work as a prostitute.
Wind mill project generates discussionA St. Cloud entrepreneur dreams of building wind turbines and a desalination plant 20 miles off the Port Canaveral shoreline, simultaneously generating electricity and drinking water.
Russia's Putin Orders All Casinos Closed - Estimated 400,000 to Lose JobsIn a move that at times seems to have taken on almost farcical overtones, the Kremlin has offered the gambling industry only one option for survival: relocate to four regions in remote areas of Russia, as many as 4,000 miles from the capital.
How we taught the world to lose - the truth about fruit machinesWith its absurdly low payout odds and hassle-free upkeep, no gambling machine pickspockets like the fruitmachine. And no country does them like Britain - with 261,000 machines feeding hungrily off the recession, we are also one of the world's biggest manufacturers and exporters.
Las Vegas crapping out, MGM in dire straitsI feel badly for the employees, not for the casinos.
State regulators gear up for casino bankruptcies | Business news | Chron.com - Houston ChronicleCARSON CITY, Nev. — Nevada's casino regulators are forming a team of securities experts, auditors and staffers to handle possible bankruptcies and debt restructurings in the gambling industry.
Nevada gaming revenues down more than 18 percentGaming revenues fell more than 18 percent statewide during February and more than 23 percent on the Strip, according to figures released this morning by the Gaming Control Board.
Station planning bankruptcyStation Casinos plans to file for bankruptcy by April 15, the gaming company said Monday in a federal court filing.
Station Casinos refuses Boyd offerStation Casinos' board of directors on Tuesday officially rejected Boyd Gaming Corp.'s unsolicited $950 million offer for a majority of Station's assets.
Stations granted extensionStation Casinos' bankruptcy plans have been put on hold - for now.
Casino Sues After Man Dies with DebtsLAS VEGAS, Feb. 10 (UPI) -- Two Las Vegas casinos have filed a lawsuit against the estate of a deceased Colorado man who allegedly died with $715,000 in unpaid gambling debts.
David Cook's show in Kansas sells out in 6 minutes"Forget about getting tickets to American Idol David Cook's national concert tour appearance in Kansas City April 22. Tickets went on sale at 10 a.m. Monday and all 1,300 seats in the Pavilion show room at Ameristar Kansas City Casino and Hotel sold out in six minutes."
When pigs fly: Hollywood casino promotesInstead of just handing out envelopes to winners, pigs race to determine who gets drawing prizes at one casino in Hollywood, Fla. Pig racing takes place in the back lot. No word if the casino sells ribs!
Trump Entertainment Resorts Faces BankruptcyThe group, which operates three properties in Atlantic City, is saddled with $1.7 billion of debt, of which about $1.2 billion is bond debt.
Casino 'knew' of ban on gamblerCROWN Casino executives knew a chronic gambler was banned from Australian casinos when pursuing a plan to lure him back to their tables, the Supreme Court has heard.
Illinois' casinos see revenue fall, but they blame the smoking banWhile casinos in Illinois struggle, across the border in Indiana, revenues are down by only three-quarters of a percent, according to the American Gaming Association. "They have basically the same economy, the same weather" as Illinois, Swoik said.
Court rules casino is immune from lawsuitThe immunity Indian tribes have against being sued in federal court extends to their profit-making businesses, the 9th U.S.
Its a real crapshoot with McCain, literally. McCain as the "founding father of Indian gambling"A lifelong gambler, Mr. McCain takes risks, both on and off the craps table.
Fatal crash highlights lure of casinos for seniorsThe casinos run by American Indian tribes in Northern California work to attract lonely seniors on fixed incomes by offering cheap transportation on charter buses like the one that crashed over the weekend, killing eight people and injuring dozens.
A Casino In Ohio?A new casino in Ohio could bring thousands of jobs in a state where jobs are few and far in between and people are loosing jobs left and right, but at the same time people go to Casino's and loose money. Gambling is a disease and I don't know if its a great idea.
Ohio pretends Keno isn't really casino gamblingI'm tired of Ohio spoon-feeding me games of chance, marketed with slogans like "Chances are you'll have fun," when the truth is most of these games are awful and considerably less fun than a traveling carnival.
Iowa to take cut from gamblers who oweUnder a new state law that takes effect July 1, casinos will be required to run government database checks on the names of all players winning $10,000 or more on a slot machine or on a horse or dog race.
Will A New Casino Building in Las Vegas Be Certified As Green?A new building by MGM Mirage is Las Vegas is touting its environmental friendliness and is seeking certification for same. One Problem: The Mirage wants to allow smoking in its new City Center Casino
Feds' casino hearing revives debateMIDDLEBORO — More than 50 strong, they strode to the microphone Tuesday night, intent on informing the federal Bureau of Indian Affairs that a sovereign tribal casino would irrevocably damage Middleboro — or save it.
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