Trump Taj Mahal purchased by Hard Rock

The shuttered Trump Taj Mahal casino in Atlantic City has found a buyer.
01/03/2017
  • baccarat-win-falls-42-pct-on-las-vegas-strip-in-aug

    Baccarat win falls 42 pct on Las Vegas Strip in Aug

    Win for baccarat – the table game of choice for Chinese and other Asian gamblers – fell by 42.3 percent year-on-year in August at Las Vegas Strip casinos in the Nevada gaming hub. Win for mini-baccarat, another form of the game, fell by 17.8 percent in the same period,...
  • saipan-wont-cap-number-of-junket-operators

    Saipan won’t cap number of junket operators

    Edward Deleon Guerrero, executive director of the Commonwealth Casino Commission on Saipan, says the regulator will not be setting a limit on the number of junket operators allowed to do business on Saipan. The main island of the Commonwealth of the Northern Mariana Islands has issued an exclusive casino licence...
  • macau-casino-operator-sjm-posts-worse-than-expected-first-half-profit-as-high-rollers-stay-away

    Macau casino operator SJM posts worse than expected first half profit as high rollers stay away

    SJM Holdings, the Macau gaming operator owned by the family of legendary casino mogul Stanley Ho, posted a worse-than-expected net profit for the first half of the year as high rollers continue to shy away from the once-lucrative global gambling capital. Adjusted earnings before interest, taxes, depreciation and amortisation,...
  • Is Macau's epic gambling slump over

    Is Macau’s epic gambling slump over?

    Is Macau’s epic gambling slump finally coming to an end? Gaming revenues in the Chinese territory increased by 1.1% in August compared to the previous year, snapping a 26-month losing streak that has hurt the city’s casino industry and slammed its economy. Casino stocks surged higher on the positive...
  • WYNN PALACE IN MACAU AWARDED ONLY 150 GAMING TABLES

    Wynn Palace in Macau awarded only 150 gaming tables.

    Casino operator Wynn Resorts is all set to open its new Wynn Palace property in Macau, albeit with fewer gaming tables than expected. The $4 billion integrated resort has reportedly been awarded only 100 mass gaming tables for its opening on August 22. This will be followed by 25...
  • ATLANTIC CITY CASINOS ENJOY GAINS AT TRUMP TAJ MAHAL’S EXPENSE

    Atlantic City casinos enjoy gains at Trump Taj Mahal’s expense

    Atlantic City casinos had a productive July despite the famed boardwalk featuring nearly as many striking workersas tourists. According to the New Jersey Division of Gaming Enforcement, AC’s eight casinos reported total brick-and-mortar gaming revenue of just under $258m in July, up 5.3% from the same month last year....
  • MGM COTAI TO OPEN WITH NO VIP TABLES

    MGM Cotai to open with no VIP tables

    Casino operator MGM Resorts says its new Macau property won’t have any VIP gaming tables, at least, not to start. On Tuesday, MGM China CEO Grant Bowie discussed the company’s in-development MGM Cotai property, telling reporters that the company had “already made the decision that we’re envisaging opening only...
  • Trump Taj Mahal closing after multiple bankruptcies and union strike

    Trump Taj Mahal closing after multiple bankruptcies and union strike

    It was billed as the “eighth wonder of the world” when it opened a quarter-century ago on the glitziest stretch of the Jersey shore, but after multiple bankruptcies and the longest union strike in Atlantic City casino history, the Trump Taj Mahal is about to go the way of...
  • mgm-resorts-completes-acquisition-of-borgata-stake

    MGM Resorts completes acquisition of Borgata stake

    Casino operator MGM Resorts International on Monday said it had completed a deal to buy the 50 percent of Atlantic City’s Borgata Hotel Casino and Spa that the group did not already own; for a total consideration of US$900 million. The deal, with seller Boyd Gaming Corp, excludes any future...
  • stanley-ho-firm-launches-portugals-first-online-casino

    Stanley Ho firm launches Portugal’s first online casino

    Portuguese gaming operator Estoril Sol SGPS SA – majority controlled by business interests connected to Macau casino entrepreneur Stanley Ho Hung Sun – launched this week what Portuguese media described as the first licensed website to offer legal online casino gambling in Portugal. The website was established in partnership with...
  • cnmi-to-give-fresh-land-lease-to-saipan-casino

    CNMI to give fresh land lease to Saipan casino: report

    Officials in the Commonwealth of the Northern Mariana Islands – a Pacific territory of the United States – have indicated they intend to award a lease of fresh land to the investors currently operating a temporary casino on the main island, Saipan, states the Saipan Tribune newspaper. In November...
  • mgm-launches-mobile-gaming-at-nine-vegas-strip-venues

    MGM launches mobile gaming at nine Vegas Strip venues

    MGM Resorts International, which has the largest number of casino venues on the Las Vegas Strip, announced on Wednesday it had launched a mobile gaming platform and online tournament available on the Wi-Fi telecommunications system at nine MGM properties. A press release from the company described the initiative as...
  • igt-lvs-join-hands-for-largest-etg-installation-in-u-s

    IGT, LVS join hands for largest ETG installation in U.S.

    Global gaming and lottery supplier International Game Technology Plc (IGT) and U.S.-based casino operator Las Vegas Sands Corp have completed what was dubbed as the “largest live electronic table game installation in the United States”. The installation includes 150 of IGT’s Dynasty electronic table game (ETG) cabinets displayed in...
  • lucky-dragon-in-vegas-tables-mostly-baccarat

    Lucky Dragon in Vegas tables mostly baccarat: report

    Approximately three quarters of the 37 table games planned for the under-construction Lucky Dragon Hotel and Casino on the Las Vegas Strip in Nevada, in the United States, will be for baccarat. That is according to information from its management, cited by the Las Vegas Review-Journal newspaper in a...
  • macau-legend-eyes-portugal-project-featuring-gaming

    Protected: Macau Legend eyes Portugal project featuring gaming

    There is no excerpt because this is a protected post....
  • spains-barcelona-casino-scheme-downsized

    Spain’s Barcelona casino scheme downsized: reports

    A plan for a new tourism and entertainment area in Barcelona, Spain is moving ahead after a revamp that cut its projected gaming area to a seventh of the original size, it was announced last week. Two Asian casino groups – Melco group and Genting group – are reportedly involved in...
  • macau-legend-to-invest-in-project-in-portugal-report

    Macau Legend to invest in project in Portugal: report

    Macau-based casino services firm Macau Legend Development Ltd is to announce later this week a new investment project in Portugal, reports Rádio Macau. The investment includes what the media outlet described as an “integrated resort” with hotel, residential and retail facilities, and a marina. It is to be located in...
  • 2 casinos begin to offer betting on virtual horse racing

    2 casinos begin to offer betting on virtual horse racing

    William Hill, Nevada’s largest sports book operator, announced Friday it’s opening virtual racing at the Plaza and Silver Sevens casinos, a process over a year in the making after winning approval from the Gaming Commission in early 2015. William Hill also hopes to open virtual racing at other books...
  • Macau’s GDP to fall 5.9 per cent in 2016, return to growth in 2017...

    Macau’s GDP to fall 5.9 per cent in 2016, return to growth in 2017

    Macau’s real GDP will contract by 5.9 per cent this year because of a fall in gambling revenue but will return to growth in 2017. This is the forecast of a report on Macau for the second quarter of this year by the Economist Intelligence Unit (EIU), published in...
  • Crown casinos hit by China corruption crackdown

    Crown casinos hit by China corruption crackdown

    A crackdown on corruption in China has prompted Australian casino operator Crown Resorts to spin off its international assets into a separate company. The new company will take over Crown’s 27.4% interest in two Macau businesses. Macau is the world’s largest gaming centre and the only place in China...
  • Portugal´s Solverde to enter iGaming market with NYX Gaming Group

    Portugal’s Solverde to enter iGaming market with NYX Gaming Group

    Portuguese land-based casino operator Sociedade de Investimentos Turísticos da Costa Verde (Solverde) is to expand into the online gaming sector in partnership with Toronto listed supplier NYX Gaming Group.  With five casinos in Portugal and more than 40 years’ experience in the market, Solverde is one of the country’s largest...
GAMBLING NEWS

Popular Posts