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New Study Questions Impact of Casino Legislation In Georgia
A report backed by a business coalition group in Atlanta has revealed that while the plan to introduce four new casinos in the state of Georgia would generate hundreds of millions in tax revenue, it is unclear how much of
Read MoreFitch Ratings Identifies Atlantic City Casinos Vulnerable To Closure
The Trump Taj Mahal casino has been named as one among the four casinos that is in danger of closing down if the casino expansion plan in the state of New Jersey gets approved. Fitch Ratings, a credit ratings agency
Read MoreU.S Lawmakers Raise Concerns About Caesars’s REIT Plan
A number of U.S. Congress members have written to Treasury Secretary Jacob Lew to express their opposition to the move by Caesars Entertainment Corp to create a trust comprising its hotels and resorts which would enable it to secure significant
Read MoreMGM Resorts Takes Over Full Control Of Borgata Casino
Boyd Gaming has announced that it is selling its 50 percent stake in Atlantic City’s Borgata Hotel casino to MGM Resorts International which holds the remaining 50 percent. The sale deal will result in Boyd Gaming receiving $900 million and
Read MoreNew Investors To Revive Las Vegas’s Moulin Rouge Casino
Yet another attempt at revitalizing the historic Moulin Rouge Casino located in West Las Vegas is underway after nearly 60 years of failed efforts. The casino had completely shut down in 2009 after suffering enormous losses in a major fire.
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