December 11th, 2010 – by Glen Farmer In November, Atlantic City’s casinos reported a 13 percent decline in revenue over the month. The new Jersey Casino Control Commission released the information on December 10th, showing a decline to $261.7 million. Slot machine revenue dropped 12 percent from a year earlier, while table game proceeds declined … Read more
December 10th, 2010 – by Glen During every day of December, Bodog is offering their players a chance to get lucky with their Snow Girl. As suggestive as this may sound, Bodog’s offer is actually a chance to get $1,000 dollars added to a player’s account. In order to qualify for the extra cash, players … Read more
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