Latest Hotel-casino operators News

Only 1 owner profited from this casino _ when it was closed

Feb. 6, 2019 2:57 PM EST

ATLANTIC CITY, N.J. (AP) — As a star-crossed Atlantic City casino changes hands yet again, only one owner has ever profited from it — the one who never had it open for even a day. The Ocean Resort Casino, formerly known as Revel, is being taken over by a New York hedge fund, having run short of...

Luxor Capital Group a new player in Atlantic City

Feb. 3, 2019 10:35 AM EST

ATLANTIC CITY, N.J. (AP) — With the announcement last week that Luxor Capital Group, a New York-based private investment firm, had assumed majority control of Ocean Resort Casino, many are wondering what the future holds for the struggling property. But the company's intentions for Ocean Resort remain...

Owner denies notice that ex-Atlantic Club Casino Hotel sold

Feb. 2, 2019 4:57 PM EST

ATLANTIC CITY, N.J. (AP) — The owner of the former Atlantic Club Casino Hotel denies the shuttered property has been sold despite the filing of a notice of settlement last month. The notice filed Jan. 15 names the seller as Florida-based TJM Properties and the buyer as Jeffrey Smolinsky on behalf of North...

Stratosphere casino-hotel in Las Vegas to be renamed

Feb. 1, 2019 8:41 PM EST

LAS VEGAS (AP) — The Stratosphere casino-hotel in Las Vegas is getting a new name. Owner Golden Entertainment Inc. tells the Las Vegas Review-Journal the fixture on the Las Vegas skyline will be rebranded as The Strat Hotel, Casino and Skypod. The casino operator will start a marketing campaign Sunday that...

Las Vegas says charm will keep bettors coming for Super Bowl

Feb. 1, 2019 8:35 PM EST

LAS VEGAS (AP) — Thousands of football fans from around the country converge at Las Vegas casinos every February to place their bets on the Super Bowl's winner, MVP, first touchdown scorer and hundreds of other outcomes. They cheer, boo and hold their breath as they watch every moment of the game at...

Toby Keith to open new 8,500-seat amphitheater in Sparks

Jan. 29, 2019 11:01 PM EST

SPARKS, Nev. (AP) — The company that owns the Nugget Casino Resort in Sparks says a new 8,500-seat amphitheater it's building across the street from the hotel-casino will be open in time to host a concert by country singer Toby Keith in June. Marnell Gaming announced Tuesday that Keith will perform the...

Luxor Capital to own Atlantic City's Ocean Resort Casino

Jan. 28, 2019 5:01 PM EST

ATLANTIC CITY, N.J. (AP) — A New York hedge fund that lent money to Atlantic City's Ocean Resort Casino is assuming ownership of it. Luxor Capital Group was identified as the new owner in a press release Monday from the casino. The company, which is not related to the Luxor casino in Las Vegas, will take...

Cardi B is getting her 1st Las Vegas residency

Jan. 23, 2019 1:05 PM EST

LAS VEGAS (AP) — Cardi B will have her first Las Vegas residency this spring. Palms Casino Resort announced Wednesday the 26-year-old singer's appearance as part of its debut of KAOS, a dayclub and nightclub amphitheater-style complex that is set to open in April. Above and Beyond, G-EAZY, Kaskade and...

Gov. picks state gaming panel head amid Wynn Resorts inquiry

Jan. 15, 2019 4:31 PM EST

BOSTON (AP) — Gov. Charlie Baker named one of his administration's top lawyers to head the Massachusetts Gaming Commission on Tuesday as the panel weighs a key decision on whether Wynn Resorts should keep its license to operate a $2.5 billion casino under construction near Boston. Cathy Judd-Stein, deputy...

Resorts World: Resort will look different from Wynn, Encore

Jan. 12, 2019 1:17 AM EST

LAS VEGAS (AP) — The company building a multibillion-dollar casino-resort with a modern Asian flair on the Las Vegas Strip defended itself in court filings this week arguing it is not copying its building design from two properties across the street. Developers of the planned Resorts World Las Vegas on...