Latest Casino operators News

Wynn and MGM in talks about sale of Encore Boston casino

May. 17, 2019 5:49 PM EDT

BOSTON (AP) — Two major casino operators said Friday they were in preliminary talks about the possible sale of one of the largest casinos in the Northeast. Wynn Resorts and MGM Resorts International said in a joint statement they've engaged in conversations about the potential sale of Encore Boston Harbor....

MGM might pay $800 million in Las Vegas shooting settlement

May. 17, 2019 12:04 AM EDT

LAS VEGAS (AP) — Casino giant MGM Resorts told federal regulators Thursday it might pay up to $800 million to settle liability lawsuits stemming from the 2017 mass shooting in Las Vegas — the deadliest in modern U.S. history. "The company believes it is reasonably possible that a settlement will be...

Land-based casino rebranded as Caesars Southern Indiana

May. 16, 2019 2:10 PM EDT

ELIZABETH, Ind. (AP) — Caesars Entertainment's Horseshoe Southern Indiana land-based casino that's currently under construction is being rebranded as Caesars Southern Indiana. Officials on Wednesday said that progress is being made on the $85 million project to create a 100,000-square-foot...

House approves bill to aid casino bid by Massachusetts tribe

May. 15, 2019 5:07 PM EDT

WASHINGTON (AP) — The House on Wednesday approved a bill reaffirming the right of a Massachusetts tribe to hold land in trust, a crucial step to building a $1 billion casino. The bill, approved 275-146, would allow the Mashpee Wampanoag Tribe to hold 321 acres of reservation land in trust, despite a...

Philadelphia casino fined for serving 17 drinks to gambler

May. 15, 2019 3:30 PM EDT

PHILADELPHIA (AP) — A casino in Philadelphia that served a gambler 17 free drinks over an eight-hour period has been fined $17,500. The Philadelphia Inquirer reports state regulators imposed the fine Wednesday on the SugarHouse Casino over the September incident. Officials say the patron was playing Pai...

Year after Supreme Court win, New Jersey sports bets thrive

May. 14, 2019 5:06 PM EDT

ATLANTIC CITY, N.J. (AP) — The anniversary of New Jersey's victory in a U.S. Supreme Court case clearing the way for legal sports betting across the nation was a happy one for the state's casinos and racetracks, which reported taking in more than $300 million worth of sports bets for the sixth month in a...

ESPN, Caesars Entertainment ink sports betting deal

May. 14, 2019 1:20 PM EDT

LAS VEGAS (AP) — ESPN viewers will soon start seeing a lot more of casino giant Caesars Entertainment. The companies announced Tuesday a partnership that designates Caesars as the network's official odds data supplier on TV and digital platforms. The companies say Caesars' data and branding will be added...

Indiana joins list of states legalizing sports betting

May. 8, 2019 11:59 PM EDT

INDIANAPOLIS (AP) — Sports betting will become legal in Indiana and construction of two new casinos will be allowed in the state under a bill signed by the governor on Wednesday. Republican Gov. Eric Holcomb endorsed the bill on his final day to act on the measure approved by lawmakers after they reached a...

Atlantic City's Ocean Casino is finally making money

May. 5, 2019 9:50 AM EDT

ATLANTIC CITY, N.J. (AP) — A perennially challenged Atlantic City casino will finally turn a profit this month and chart the way forward under the ownership of a New York hedge fund. The Ocean Casino Resort, which until a few weeks ago was known as the Ocean Resort Casino , has greatly reduced its debt and...

Though future online, casinos pour cash into sportsbooks

May. 4, 2019 12:16 PM EDT

ATLANTIC CITY, N.J. (AP) — Mobile apps might drive the future of sports gambling in the United States, but casinos are still betting big on physical sportsbooks as legal wagering expands to new places. Lounges, bars and other shiny new spaces are giving casinos and other operators a new way to attract...