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Casino News and Headlines
Casino
April 11, 2024
Analyst Optimistic About Century Casinos Amid Market Turbulence
Century Casinos found itself in the red on April 10 following the release of higher-than-expected US Consumer Price Index (CPI) figures, signaling concerns about persistent inflation. However, despite the market’s reaction, one analyst remains optimistic about the company’s prospects. Macquarie Analyst Predicts 53% Upside for Century Casinos Macquarie analyst Chad Beynon, in a recent report […]
Casino
April 10, 2024
Romania Sets Gambling Restrictions for Cities Under 15K Population
Romania’s parliament has voted in favor of a series of strict gambling restrictions on the sector, marking an important shift in the regulatory landscape. The list of regulations includes a ban on slot machines as well as the shutdown of gambling halls in smaller settlements with a population under 15,000 people. The new decisions that […]
Casino
April 10, 2024
Ellis Island Hotel-Casino Embarks on Major Expansion Project
In a bid to enhance its gaming offerings and entertainment experience, Ellis Island Hotel & Casino, situated off the bustling Las Vegas Strip, has commenced a significant expansion project. The family-owned establishment is set to undergo a transformation, knocking down walls to create more space for its patrons. Planning Documents Reveal Ellis Island Casino’s 6,415 […]
Casino
April 10, 2024
Atlantic City Casino Workers’ Battle for Smoking Ban Faces Setback
The anticipated hearing for the lawsuit filed by Atlantic City casino workers seeking a smoking ban has been postponed, marking a significant setback in their ongoing fight for safer working conditions. Initially scheduled for April 25, the hearing has been delayed by two weeks following a request from the New Jersey Attorney General’s office. Lawsuit […]
Casino
April 9, 2024
New Jersey Operators Report a Decrease in Profit in 2023
The New Jersey Division of Gaming Enforcement has published data about the local casinos’ performance in Q4 2023, reporting a decrease in gross operating profit despite an increase in net revenue. The report highlights Q4 net revenue of $781.9 million, reflecting a 1.3% increase year-on-year. As mentioned, gross operating profit declined by 3.6% to $148.5 […]
Casino
April 9, 2024
Wynn Resorts Escalates Legal Battle Against Fontainebleau
Wynn Las Vegas has taken legal action against Fontainebleau, requesting a Clark County District Court judge to intervene and halt what they claim is the ongoing poaching of their executives by the rival resort. Wynn’s Legal Filing Claims Fontainebleau Tempts Executives with Salary Boosts In a recent court filing, Wynn attorneys outlined allegations that Fontainebleau […]
Casino
April 8, 2024
Workers File Lawsuit to Overturn Atlantic City Casino Smoking Exemption
After years of unsuccessful attempts to persuade lawmakers to ban smoking in Atlantic City casinos, workers have taken a new approach: filing a lawsuit to challenge a law that exempts casinos from indoor smoking bans. The lawsuit argues that the exemption for casinos violates the principle of equal protection under the law and seeks to […]
Casino
April 8, 2024
Petersburg Casino Legislation Faces Unexpected Setback
Petersburg Governor Glenn Youngkin has sent Senate Bill 628 back to the General Assembly with a recommendation to amend the legislation, indicating that a do-over vote is unnecessary for setting up Petersburg as the fifth casino-host city in Virginia. While this move has raised some concerns, it should not affect the bill’s expected success. The […]
Casino
April 5, 2024
Marina Bay Sands to Build Fourth Tower by 2029
Marina Bay Sands (MBS), Singapore’s renowned casino and hotel resort, is embarking on a significant expansion of its downtown property, with plans to construct a fourth tower by 2029. After being hindered by the COVID-19 pandemic, MBS announced on Friday that full-scale construction will commence by July 2025, aiming for completion by July 2029. The […]
Casino
April 5, 2024
Bally’s Prepares to Implode Tropicana by the End of the Year
As the demolition of the Tropicana casino hotel in Las Vegas draws near, Bally’s Corporation is trying to secure the necessary permits for imploding the property. Because of the procedure’s intricacies, the casino operator would need to secure dust control and asbestos abatement permits, among other permits. Traffic would also need to be taken into […]