December 9th, 2010 – by Glen Farmer The casinos in Atlantic City have been contending with enormous revenue free falls, and a new study has shown why. The study found that gamblers are spending less time in the casinos, as well as less money. In the study, analysts found that players were spending 22 percent … Read more
December 8th, 2010 – by Glen Farmer Casinos in Detroit are also feeling the effect of the recession. Casinos in Detroit have reported a 2 percent slide in revenue from October to November. A total of $111.4 million generated by the casinos, despite having slipped over the month of November, was nearly 5 percent higher … Read more
December 7th, 2010 – by Glen Farmer On Monday, the sale of Resorts Atlantic City was finalized. This casino, which was the first to be built outside of Nevada, has now changed hands. Over a year ago, lenders had taken control of Resorts Atlantic City due to a lack of payments made by the former … Read more
December 6th, 2010 – by Glen Farmer Macau’s gambling revenue has continued to grow through the month of November. Macau’s casinos have reported a 42 percent increase over the month of November. The Macau Gaming Inspection and Coordination Bureau released the information on Wednesday. According to the Bureau, the region’s casinos have generated $2.13 billion … Read more
December 5th, 2010 – by Glen Farmer On Wednesday, the Missouri Gaming Commission granted the 13th and final casino license to Isle Of Capri. The company will establish a $125 million dollar casino in Cape Girardeau with this license. The license was being battled over by the Komen family and Tropicana, as well as Paragon … Read more
December 3rd, 2010 – by Glen Farmer The Tropicana Casino And Resort in Atlantic City has recently settled in court to pay an ex-employee $4.5 million dollars restitution. The former casino employee made the claim that his 25 years of working in the casino exposed him to dangerous levels of second hand smoke. The plaintiff, … Read more
December 3rd, 2010 – by Glen Farmer On Election Day of 2010, Maine voters had passed a referendum that would allow a casino to be built in Oxford County. The vote had been so close that opponents to the casino expansion in the state had requested a recount. The recount began on Thursday. Opponents are … Read more
December 2nd, 2010 – by Glen Farmer Trump Entertainment Resorts Inc. on Wednesday laid of nearly 250 employees. The layoffs come as part of their restructuring plan after the bankruptcy that the company had suffered. Last month, Bob Griffin took charge as the CEO of Trump Entertainment Resorts. Layoffs in both executive positions and hourly … Read more
December 1st, 2010 – by Glen Farmer The Tropicana Las Vegas Casino has launched a brand new VIP program, dubbed the Trop Plus Players Club. This new program rivals that which is offered at even the best online casinos. This new program includes an enormous set of features, ranging from cash back to free hotel … Read more
November 30th, 2010 – by Glen Farmer The smoking ban in Illinois casinos was heavily protested by casinos and smokers alike, and the issue has come to a point where smoking gamblers are actually leaving the state in order to partake in the games while enjoying their vice. Revenue figures before the ban and over … Read more