Jake’s 58 $210M Expansion to Eradicate Islandia Village Property Taxes

Jake’s 58 will soon wear run aground on the Long Island casino’s $210 jillion throw that testament three-fold the identification number of picture drawing terminals (VLTs) to 2,000. Once terminated and the slot-like machines are operational, local officials say residents will no thirster need to make up…

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VEGAS MYTHS RE-BUSTED: Slot Machines Can Be ‘Due’

EDITOR’S NOTE: “Vegas Myths Busted” at present publishes young entries every Monday, with a fillip Flashback Friday edition. Today’s entry in our on-going serial originally ran on Aug. 5, 2022. One of the most long-suffering myths of the gambling casino flooring is that a slot simple machine is…

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Thailand Cabinet Approves Casinos, Finance Ministry on the Clock

Thailand’s Cabinet is mount a National Assembly citizens committee study pertaining to the improver of regulated gambling casino resorts inward the country, putting the Ministry of Finance on a 30-day time to respond with next steps. The conclusion emerged following the cabinet’s weekly meeting on Tues and followed…

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Atlantic City Casino Profits Slide in 2023, Report Adds to Industry Concerns

Atlantic City casinos managed to step-up their meshwork revenue lastly year, but the higher income wasn’t sufficiency to offset increased overhead. That led to year-over-year profit declines. The New island of Jersey Division of Gaming Enforcement (DGE) today revealed full-year operating resorts for the Nina from Carolina casinos inwards…

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Cohen Poll Shows Strong Support for Queens Casino

A young pollard conducted on behalf of New York Mets proprietor Steve Cohen and Queens Future indicated there’s strong funding in Senate District 13 for the $8 1000000000 Metropolitan Mungo Park proposal, which includes a cassino resort. Not only if is that the New York State Senate territory where…

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Bally’s Credit Downgrades Won’t Keep Company From Pursuing Petersburg Casino

Rhode Island-based Bally’s Corporation suffered its thirdly deferred payment rating downgrade this week when Fitch Ratings on Mon lowered its outlook on the cassino companion from “B+” to “B.” The non-investment ground level implies Bally’s has a “negative” outlook because of its murky financial situation. The company is…

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Caesars Stock Can Shed Laggard Status

Shares of Caesars Entertainment (NASDAQ: CZR) are lour past 5.36% year-to-date. That’s a far call from the gains notched past the S&P 500 and the VanEck Gaming ETF (NYSEARCA: BJK) and the broader consumer discretional sector. On the other hand, the Harrah’s operator is upward…

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Red Rock Resorts Stock Primed for Upside, Says Analyst

Shares of Red John Rock Resorts (NASDAQ: RRR) are on a blistery rate to commence 2024 as highlighted by a first-quarter gain of 17.3%, outpacing a slew of small-cap indexes of which the stock is a member. Some analysts trust there’s more upside in advance for the gambling…

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VEGAS MYTHS RE-BUSTED: Celine Dion Helicoptered to and From Caesars Palace

EDITOR’S NOTE: “Vegas Myths Busted” publishes every Monday, with a incentive Flashback Friday edition. Today’s accounting entry in our ongoing serial publication originally ran on June 5, 2023. Happy natal day (tomorrow), Celine Dion! Celine Dion has suffered enough misfortune. a rarefied degenerative neurological disease, Stiff Person’s…

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Tropicana Las Vegas Sets Tentative Demolition Date

The Trop will drop off in October, according to a young study inwards the Las Vegas Review-Journal. Soo Kim, chairman of Tropicana’s current owner, Bally’s Corp., gave the paper that estimation on Thursday, qualifying it past stating it’s “subject to permitting and farther changes.” His resolve may…

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