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Private equity giant Blackstone is gambling on an audacious eleventh hour intervention in the massive £2.5bn debt restructuring at beleaguered bookmaker-to-bingo group Gala Coral. Full house: Blackstone, the private-equity...
BY NATHAN BECKER The Mohegan Tribal Gaming Authority's fiscal-fourth-quarter profit fell 24% as gambling revenue slid again. Profits have declined in the casino industry as consumers have held back spending during the economic...
By Kennix Chim HONG KONG, Nov 21 (Reuters) - Sands China Ltd, the Macau operation of Las Vegas Sands, raised $2.5 billion through its initial public offering in Hong Kong, a source familiar with the deal said on Saturday,...
NEW YORK (Reuters) - Atlantic City needs more flair, flesh and flash if it wants to take back business from the growing number of slot parlors in the Northeast, a senior executive with Harrah's Entertainment said on Friday.
By MARY PEREZ - meperez@sunherald.com BILOXI — There isn’t any news on Margaritaville Casino, R. Scott Barber said at Friday’s meeting of the Mississippi Gaming Commission, but he remains “extremely optimistic” for future...
By: Rich Bergeron Fittingly, it was a powerful union (The Teamsters) that is credited with making Vegas what it is today, and now another union (Culinary Workers Union Local 226) is trying to set the record straight about the...
• Bookmaker to close Aintree call centre with loss of 263 jobs • Offshore rivals are benefiting from tax advantages Betting company Ladbrokes has confirmed the loss of 263 jobs today. The high-street bookmaker announced the...
Global Cash Access Settles Arizona License Dispute, Agrees To Pay $1 Million (AP) LAS VEGAS (AP) - Global Cash Access Holdings Inc., which provides cash access services at casinos, has agreed to pay $1 million in a settlement...
Christopher Pearson had big credentials. But the dream collapsed in federal court in Hartford Thursday when a jury concluded after deliberating less than a full day that Pearson's plan lacked some key elements — notably money,...
STEVE BUTCHER November 21, 2009 A CANADIAN fond of gambling who punted on making $30,000 by helping import drugs into Victoria worth up to $330 million has pleaded guilty to charges that carry a maximum life sentence....
