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Revel Casino Receives Huge Property Tax Break
Written by B. Solomon | Thursday, January 29th, 2015

Florida developer Glenn Straub may not have received the $8 million price discount he requested for Atlantic City’s Revel casino, but the $95.4 million he did pay was still a huge reduction on the $2.4 billion it cost to build the huge gambling venue in the... 

Mississippi Casinos Down 3.2% To $2.07bn In 2014
Written by B. Solomon | Thursday, January 22nd, 2015

The Mississippi Gaming Commission has released its gambling figures for December 2014, revealing statewide casinos generated $168 million in revenues last month, lower by 0.2% compared to the $168.3 million taken in the same month last year. From that tally,¬†... 

Jennifer Lopez’s Mum Won $2.4m At The Borgata Casino In Atlantic City
Written by A. Mitchell | Wednesday, January 21st, 2015

Jennifer Lopez revealed two interesting details about her mother Guadalupe Rodr√≠guez on The Tonight Show this week. Firstly, she enjoys a flutter at the casino, and secondly that in 2004 Guadalupe scooped an enormous $2.4 million slots jackpot while playing at... 

Borgata Casino’s Martin Luther King Menu Sparks Racism Row
Written by A. Mitchell | Wednesday, January 21st, 2015

The Borgata casino in Atlantic City created a restaurant menu intended to honor Martin Luther King Jr. Day on January 19th, but the courses of fried chicken, collard greens, sweet potato casserole, and macaroni cheese has instead been branded ‘seriously racist’... 

Pa Casino Revenues Down 1.44% To $3.07bn In 2014
Written by B. Solomon | Friday, January 16th, 2015

The good news is that Pennsylvania’s casino industry has topped the $3 billion mark for the fourth year in a row. The disappointing news, however, is that the $3.07bn generated in 2014 was actually 1.44% lower than the $3.11 billion reported for the previous... 

Detroit Casino Revenues Fall 1.2% To $1.33bn In 2014
Written by B. Solomon | Wednesday, January 14th, 2015

Ending a disappointing year on a positive note, Detroit reported a 10.3% increase in gambling revenues to $118.1 million for December, with all three of the city’s casinos reporting year-over-year increases for the month. Leading the way was Greektown up... 

Ohio Casinos Up 12% To $71m In December
Written by B. Solomon | Thursday, January 8th, 2015

The Ohio Casino Control Commission has released its gambling figures for December, revealing an almost 12% rise in revenues to $71 million compared with the same month last year. Furthermore, Ohio’s four casinos pulled in almost $8 million more compared to... 

Revel Casino Sold For $95.4 Million, Well Maybe Not!
Written by B. Solomon | Tuesday, January 6th, 2015

On Monday, bankruptcy Judge Gloria Burns approved the sale of New Jersey’s Revel Casino Hotel to Glenn Straub (photo) for $95.4 million, even though the Florida developer’s lawyer had suggested that the price tag should have been reduced to $87 million... 

Maryland Casinos Generate $85.6 million In December
Written by B. Solomon | Tuesday, January 6th, 2015

The Maryland Lottery and Gaming Control Agency has revealed that the state’s five casinos generated $85.6 million in December, a massive 31.7% increase over the same month in 2013. However, back then Maryland had just four casinos operating and when the Horseshoe... 

Macau Casinos Down 2.6% To $44.1bn In 2014
Written by B. Solomon | Friday, January 2nd, 2015

Following several years of explosive growth, results coming out of the world’s biggest casino resort in 2014 were severely affected by a clampdown on money laundering and corruption by the Chinese government. Consequently, last year the Chinese gambling resort...