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Casino and Gambling Industry

Casino and Gambling Industry
A collection of news and information related to Casino and Gambling Industry published by Tribune Company sources. (Photo KIRK MCKOY / LA TIMES)
A collection of news and information related to Casino and Gambling Industry published by Tribune Company sources. (Photo KIRK MCKOY / LA TIMES) « Show less

Top Casino and Gambling Industry Articles

Displaying items 23-33
  • Lower Casino Revenues Lead To Moody's 'Negative' Outlook For U.S. Gaming Industry

    Gaming revenues are down at casinos down across the U.S., including Connecticut, and on Monday the industry received a "negative" outlook in a report released by Moody's Investors Service. Moody's updated its outlook of the U.S. gaming industry to...
  • Pete Peterson: Pa. race horse fund provides economic benefits

    Bob Dick's recent Your View on the state budget ("Pa. legislature should fix fiscal woes, not raise taxes") missed the mark in advocating for the elimination of the Race Horse Development Fund. His policy proposal would destroy the horse racing and...
  • With casinos closing, Atlantic City considers future

    With casinos closing, Atlantic City considers future
    ATLANTIC CITY, N.J. — The blows came fast and furious for this struggling resort over the last week and a half. Its newest and most expensive casino, Revel, declared bankruptcy for the second time June 19 and is threatening to close if it doesn'...
  • Union chief: Showboat Atlantic City plans to close

    ATLANTIC CITY, N.J. — In another blow to this struggling Jersey Shore resort, the Showboat Atlantic City hotel and casino may be seeing its last summer. Bob McDevitt, president of Unite Here Local 54, said he was notified by Showboat's parent...
  • Caesars Entertainment to shut Showboat Atlantic City casino

    Caesars Entertainment to shut Showboat Atlantic City casino
    Debt-strapped casino operator Caesars Entertainment Corp said it will shut its Showboat Atlantic City casino in August due to falling revenue and high property tax in Atlantic City. Revenue from Atlantic City has declined by more than $3 billion since...
  • Illinois casinos complain video gambling hurting bottom line

    Illinois casinos complain video gambling hurting bottom line
    Illinois casino officials say they severely underestimated the impact video gambling would have on their bottom line and are asking state regulators to intervene as they continue to lose business to machines at neighborhood bars and truck stops. Tom...
  • When Gold Prices Fell, How Did Local Jeweler Becker's React?

    When Gold Prices Fell, How Did Local Jeweler Becker's React?
    In 1990, Becker's Fine Jeweler had just opened its downtown Hartford store when a recession hit — and one that hit New England harder than anywhere else. "I had to lay off 40 percent of my staff," said Paul Becker, who founded the West Hartford...
  • Judge: No change in venue for Tonkins' embezzlement trial

    Judge: No change in venue for Tonkins' embezzlement trial
    The embezzlement trial of a former South Whitehall Township employee and her husband, a retired police officer, will stay in Lehigh County, a judge ruled Thursday. Nancy A. Tonkin, 67, and William J. Tonkin IV, 70, of Little Lehigh Drive South in...
  • Foxwoods Contracts With New Company To Book Entertainment

    Foxwoods Contracts With New Company To Book Entertainment
    Foxwoods Resort Casino announced Thursday that promoters of the Coachella Valley Music and Arts Festival and concert tours for Bruno Mars, Taylor Swift and Kanye West will be booking musical performances at its Connecticut casino and anywhere else...
  • Online gambling revenues fall short

    WASHINGTON State lawmakers who dream of dollar signs from legalized online gambling might want to pause for a moment to consider Delaware, Nevada and New Jersey. Last year, the three states became the first in the country to legalize Internet gaming. But...
  • Mass. High Court: Casino Repeal Will Go To A Vote

    Mass. High Court: Casino Repeal Will Go To A Vote
    The high court in Massachusetts ruled Tuesday that a petition to effectively ban casinos will go to a vote in November, potentially erasing plans for destination resorts in Springfield and Greater Boston. At the least, the decision delays the start of...