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Caesars Entertainment lawsuit UMB Bank

Caesars Battling $6 Billion Lawsuit From First-Lien Creditors

Caesars Entertainment Corp (CEC) has been hit by a $6.3 billion lawsuit that is seeking to recover the outstanding amount, including both principal and...

Casino.org Staff Writer June 17, 2015
Carl Icahn Taj Mahal Atlantic City union conflict

Carl Icahn Awarded Trump Taj Mahal as Battle with Union Continues

Billionaire Carl Icahn has acquired the Trump Taj Mahal, exchanging $292 million he's owed for complete ownership of the casino in a deal that...

Casino.org Staff Writer June 14, 2015
Geoff Freeman, American Gambling Association President

AGA Formally Denounces Slot Winnings Taxation Proposals

The American Gaming Association (AGA) has hit out against IRS proposals to lower the tax reporting threshold for slot winnings from $1,200 to $600....

Casino.org Staff Writer June 3, 2015