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Casinos

Vegas Casino Operator Ready to Invest $3B in South Florida, Tampa or Orlando
(FLORIDA) -- Florida's perennial gambling expansion topic is up again and this time around it has a new face and voice at the discussion table.
Gaming report might show local skid's end this week
(NEVADA) -- Monthly drops in gross revenue at Washoe County's casinos stretch back to the summer of 2007, and whether the drought can be broken will be known when the state releases the December revenue report this week.
Casino officials release conceptual drawings
(KANSAS) -- Hollywood Casino at Kansas Speedway is starting to take shape, at least in the design and concept stage.
Kansas City casino faces 1 more test
(KANSAS) -- A partnership hoping to build a casino in Kansas City, Kan., is expected to clear its final regulatory hurdle this week.
Game, sports book tour live up to hype
(LAS VEGAS) -- No event in sports is preceded by more hype than the Super Bowl. Some years, the buildup leads to a big letdown and a blowout. Early in the morning, I'm sensing this game will be a good one.
MGM may sell 50 percent interest in Borgata
(ATLANTIC CITY) -- MGM Mirage Inc. has put its half ownership of Borgata Hotel Casino & Spa into a trust while it continues settlement talks with New Jersey gaming regulators over its controversial partnership for a Macau casino.
Woodlands, other tracks seek more gambling revenues
(KANSAS) -- Efforts to resurrect Wyandotte County’s Woodlands racetrack with slot machines have reached a major hurdle: the promise of a $386 million Hollywood Casino at Kansas Speedway.
Pa. gambling lessons from a great educator / A casino lawyer (not lobbyist) draws very fine lines.
(PENNSYLVANIA) -- Octogenarian lawyer Richard A. Sprague delights in filleting witnesses. But last week, he was the one getting grilled.
MGM Mirage selling 50% stake in A.C.’s Borgata
(ATLANTIC CITY) -- MGM Mirage Inc. has officially put its 50 percent ownership of the Borgata Casino Hotel and Casino in Atlantic City on the block.
State should proceed with new Gary casino
(INDIANA) -- Indiana lawmakers in leadership positions are sounding the death knell for the possibility of land-based gambling during this legislative session.
MGM Mirage wants to extend maturity on some debt
(LAS VEGAS) -- MGM Mirage says it wants to push back the maturity dates on some $5.55 billion of debt by more than two years.
MGM Mirage to leave New Jersey in dispute over Macau partner
(ATLANTIC CITY) -- MGM Mirage today confirmed it plans to sell its stake in the Borgata hotel-casino in Atlantic City in order to settle an investigation by New Jersey regulators into the suitability of its partner in the Chinese region of Macau.
Pinnacle Entertainment amends credit facility
(LAS VEGAS) -- Casino operator Pinnacle Entertainment says it has amended and restated a credit agreement, giving it $375 million of revolving credit.
Moody's To Review MGM Mirage Ratings For Possible Upgrade
(WALL STREET) -- Moody's Investors Service put its ratings on MGM Mirage (MGM) on review for possible upgrade after the casino operator said it is trying to extend the maturity dates on $5.55 billion of credit lines to 2014 from next year.
MGM to divest from Atlantic City
(ATLANTIC CITY) -- MGM Mirage announced this morning it will divest itself from its holdings in Atlantic City by placing its 50 percent ownership stake in the Borgata resort and its vacant land holdings into a trust arrangement.
Renewed hope for slots at track / Meadowlands idea revived
(NEW JERSEY) -- Gov. Chris Christie's transition team had warmed up to the idea of allowing a casino resort to be built at the Meadowlands Sports Complex, but reference to that idea was scrubbed out of a final report.
MGM Mirage seeks to divest from Borgata in NJ
(LAS VEGAS) -- Casino operator MGM Mirage is hoping to settle questions raised by New Jersey regulators over its ties to a controversial Chinese casino family by putting its stake in an Atlantic City casino into a trust.
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