USA Online Poker News
Glenn Straub Wins Right to Purchase Revel Casino, Files Motion to Stop Sell
Glenn Straub Won the Right to Buy Revel Casino, But Wants It for a Lower Price Glenn Straub and Polo North Country Club won the right to buy Revel Casino for $95.4 million on Monday. On the same day, Straub announced he was go to court to halt the sale to himself. After...
Horseshoe Casino Baltimore Revenues Are 35% Less Than Cummings Associates Projections
Baltimore Horseshoe Casino’s Revenues Were Less Than Half of Those Raked by Maryland Live The Horseshoe Baltimore continues to trail revenue projections by a considerable amount. The states five casinos collected $85.6 million in December 2014, but if one...
Glenn Straub Wants to Own Revel Casino for $87 Million, Court Documents Say
Glenn Straub Received $3 Million as the Stalking Horse Bidder in the Revel Auction Glenn Straub says he wants a discount for his troubles, according to a court filing reported by CNBC. In court documents filed by Glenn Straub and his development company, Polo North,...
Poll Reveals Casino Closings Were the Biggest Stories for Atlantic City in 2014
Don Guardian’s 1st Year as Mayor Was a Marginal Story, Though He’s Integral to All Other AC News Items NJ.com recently conducted an online poll of its readers. The poll tested to see what the biggest Atlantic City story of the year was. Those who read...
Arizona’s Land-Based Casino Industry Continue Recovery, But at a Slow Pace
The ADG’s Courtney Coolidge Says the Economy Will Have to Improve for Revenues to Reach Peak Numbers Arizona’s Indian casinos are starting to recover from the lost revenues during the Global Recession. The recovery process has been slow, but steady,...
Caesars Entertainment Buys Affiliate to Reduce Debt by $10 Billion
Splitting Caesars Entertainment Operation Co. into Two Units Will Reduce Debt by $9.6 Billion Caesars Entertainment will buy an affiliate which will help the company with a reorganization plan. The affiliate will help one of the company’s divisions, while...
Mohegan Sun Seeks New Ways to Generate Revenue and Protect Its Market Share
CEO Michael Etess Has Controlled Mohegan Sun Since 2004 Mohegan Sun lost out on the Massachusetts casino license that might have turned around the beleagured tribal gaming enterprise’s fortunes. The Mohegan Tribe had partner with Suffolk Downs to bring a...
Winners and Losers in the American Gambling Industry in 2014
Adelson Lost $10 Billion, But He’s Still on Top of the Gaming Industry You Know You’ve Made It It’s the end of the year, so it is time for U.S. Legal Poker Sites to compile its list of the Big Winners and Losers of the World Gambling Industry...
Morgan Stanley Predicts No New Online Gambling in 2015, 7 States by 2017
Morgan Stanley Believes Seven States Will Have Online Gambling by 2017 Morgan Stanley predicts that no new states will launch online gambling websites in 2015. The financial institution previously had predicted 20 U.S. states would have iGaming by 2017, in what...
US Appellate Court Sets Jan. 14 Deadline for Legal Briefs in Sports Betting Case
If New Jersey Wins the Appeal, Monmouth Park Will Have Legalized Sports Betting The U.S. Third Court of Appeals has set a deadline of January 14 for legal briefs to be filed in the sports betting legal battle between the state of New Jersey and 5 major U.S. sports...
