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Genting, Hard Rock, Mohegan Gaming Emerge as Final Competitors Casino at Abandoned Greece Airport

Plans to turn the former site of the Hellenikon International Airport near the Greek capital of Athens into a casino are crystallizing. Three contenders are emerging ahead of the Sept. 30 deadline for the… Read More

Gaming and Leisure Properties May Sell as Much as $600M in Stock, Could be Used For Deals

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI), the real estate investment trust (REIT) that owns more than 40 casinos across the US, said it could sell up to $600 million of its stock and that… Read More

Eldorado Resorts CEO Says Several Casino Operators Not Currently on Las Vegas Strip Interested in Caesars Properties

Eldorado Resorts CEO Tom Reeg told investors this week during the company’s second quarter conference call that several casino operators not currently invested on the Las Vegas Strip are interested in acquiring a Caesars… Read More

Caesars, Genting Losing Interest in Greece Casino with Hard Rock, Mohegan Gaming in the Drivers Seat

Caesars Entertainment Corp. and Genting Malaysia are losing interest in a casino project at the Hellinikon International Airport in Athens as bureaucratic postponements continue delaying the effort to bring a gaming property to the… Read More

Suncity CEO Alvin Chau Reportedly Banned from Australia Over Alleged Triad Links

Alvin Chau, CEO of Macau junket Suncity, has been banned from entering Australia, according to The Age, which cites anonymous official sources. This is despite Chau’s company still hosting VIP rooms at the Crown… Read More

Moulin Rouge Developer Says $1.6B Project Still Happening Despite Missing Land Purchase Deadline

Developers of the $1.6 billion Moulin Rouge rebirth have missed a deadline to deposit the full $9.5 million purchase price into an escrow account for the 15 acres of land that once housed the… Read More

MGM Could Fetch up to $7 Billion in Sales of Bellagio, MGM Grand, Use Cash to Reduce Debt, Buyback Stock

MGM Resorts International (NYSE:MGM) could command $6 billion to $7 billion, before taxes, if it sells the Bellagio and MGM Grand on the Las Vegas Strip, according to Macquarie analyst Chad Beynon. News broke… Read More

Comedian Doug Stanhope Claims Caesars Banishment Decree Comes After Rio One-Star Yelp Review

UPDATE — (11:30 am ET) A representative from JACK Thistledown told that Caesars Entertainment no longer owns a stake in the Cleveland racino. The article below has been corrected. Why did comedian Doug… Read More

Brookfield Asset Management Looking For Buyer of Bahamas Atlantis

Brookfield Asset Management Inc. (NYSE:BAM), an asset management and real estate development firm, is looking to sell the Atlantis Paradise Island Resort in the Bahamas, one of the region’s most popular tourist destinations. Canadian-based… Read More

MGM Mulling Real Estate Sale of High-End Las Vegas Strip Properties, Including Bellagio, MGM Grand

MGM Resorts International (NYSE:MGM) is reportedly in discussions to sell but retain operating rights to some of its glitzier Las Vegas Strip properties, including the Bellagio. If commenced, the transactions would be in the… Read More

Bally’s Atlantic City May Survive, in Some Form, As Eldorado Resorts Acquires Caesars Entertainment

Bally’s in Atlantic City, New Jersey, once the jewel of Boardwalk, may survive after all as Eldorado Resorts moves forward with its $17.3 billion acquisition of Caesars Entertainment, Bally’s owner. Just days after news… Read More

No Joke: Storm Area 51 Raid Launches Extraterrestrial Odds on Alien Pilgrimage Outcome

The Storm Area 51 Facebook event that is jokingly threatening to raid the highly guarded military compound has led to one online sportsbook offering up odds on how this whole bunch of nonsense will… Read More

MGM Resorts Considering Higher Resort Fees, Marriott Faces Lawsuit Over Price Deception

MGM Resorts is rumored to be considering increasing its resort fees at three Las Vegas casinos. It comes as Marriott International faces a lawsuit in the District of Columbia over alleged deceptive pricing. Marc… Read More

Boyd Gaming, Monarch Casino, Penn National Could be Among Bidders if Eldorado Jettisons Caesars Strip Properties

As part of its $17.3 billion takeover offer, revealed last month, for Caesars Entertainment Corp.(NASDAQ:CZR), Eldorado Resorts, Inc. (NASDAQ:ERI) is expected to mull asset sales and that could include some of Las Vegas Strip… Read More

Puerto Rico Online, In-Person Sports Betting Proposal Likely to Soon Get Approval from Gov. Ricardo Rossello

Legal sports betting is moving ahead in Puerto Rico as legislation probably will be signed promptly by Gov. Ricardo Rossello. It is seen as a way to promote tourism and improve the Caribbean island’s… Read More