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Imperial Pacific Seeks Court Approval to Sell Saipan Hotel Casino and Assets for $10M

August 22, 2024

Casino Sales, Casino News, Latest Casino and Gambling News, Unsavory reports, World Casino News, Gaming Industry News, Economy/Finance, Bankruptcy, Northern Mariana Islands

Imperial Pacific International (IPI), a Chinese investment holding company based in Hong Kong, is making headlines as it seeks federal bankruptcy court permission to sell its hotel casino in Saipan, Northern Ma...

Macau Hotel “THE 13” Calls for Bids; Offers $307 Million Sales Price

Radosav Milutinovic

March 15, 2024

Casino Sales, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Casino project updates, Casino closures, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Macau, Mergers, Acquisitions & Partnerships, Crime, Bankruptcy, Fines, Lawsuits & Litigation, Financial Fraud, Thailand

Some hotel owners are superstitious and ready to resort to some actions when launching the business that many would consider ridiculous. Such actions sometimes include certain room number exclusions to make gue...

Aruze Gaming’s Financial Restitution – Voluntary Petition for Bankrupcy

Vanja Mitic

February 2, 2023

U.S.A., Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Bankruptcy, Licensing, Fines, Lawsuits & Litigation, Financial Press Releases, Nevada

One of the most popular developers of gambling entertainment solutions in the world, Aruze Gaming, is experiencing some financial difficulties these days. The company handed over the voluntary petition for bank...

Empire Resorts considering Chapter 11 bankruptcy

Sadonna Price

August 14, 2019

Latest Casino and Gambling News, Bankruptcy, New York

According to a filing within the Securities and Exchange Commission on Friday, Empire Resorts is considering a voluntary prepacked Chapter 11 bankruptcy filing. The parent company of Resorts World Catskills Cas...

Studio City Macau investor files for bankruptcy in the United States

Adam Morgan

May 3, 2019

Casino News, Latest Casino and Gambling News, Casino expansion projects, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships, Bankruptcy

A firm with a minority stake in the operator behind the giant Studio City Macau integrated casino resort has reportedly filed for permission to institute Chapter 11 bankruptcy protections after being unable to ...

Sportsbetting provider mybet Holdings SE files for bankruptcy

Adam Morgan

August 19, 2018

Casino Sales, Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, Germany, Bankruptcy

In Germany, online sportsbetting provider mybet Holdings SE has announced that it has voluntarily entered ‘insolvency proceedings’ after earlier having its request for a temporary tax suspension denied by a cou...

TEN Atlantic City owner files lawsuit against New Jersey

Adam Morgan

October 27, 2017

Casino News, Latest Casino and Gambling News, Fines, Lawsuits & Litigation, New Jersey

Billionaire property developer Glenn Straub has reportedly filed a lawsuit against the state of New Jersey amid allegations that the coming annual tax bill for his shuttered TEN Atlantic City venue is over $3 m...

Caesars Entertainment Corporation’s casino arm emerges from bankruptcy

Adam Morgan

October 9, 2017

Latest Casino and Gambling News, U.S.A., Casino News, Mergers, Acquisitions & Partnerships, Bankruptcy

American casino giant Caesars Entertainment Operating Company Incorporated has emerged from bankruptcy after completing a complicated restructuring plan that saw it shed approximately $10 billion in overall lia...

Caesars Pays Online Chief Garber $210 Million

Chris Hohenstein

April 19, 2017

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance

Mitch Garber is a real life, rags to riches story. At one point in life, he was broke and borrowing money to pay for school supplies. Flash forward decades later, and he’s now one of the wealthiest men in the g...

Cal Neva Lodge & Casino still facing bankruptcy woes

Sadonna Price

March 31, 2017

Latest Casino and Gambling News, Nevada

It has been nine months since the Cal Neva Lodge & Casino owners have filed bankruptcy on the Nevada property and not much has changed in the way of getting the venue back on track for business. The casino ...

Caesar’s Operating Arm Resolves Lender Disputes Over Bankruptcy Exit

Alex Lanter

December 26, 2016

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Bankruptcy, Fines, Lawsuits & Litigation

Caesars Entertainment Operating Company – the operating arm of Caesar’s Entertainment Corp (CEC)., finally resolved their lender disputes Friday, leaving the door open for the long-awaited plan to save the comp...

Carl Icahn to Shutter Trump Taj Mahal after Labor Day

Renee Kingsley

August 4, 2016

Latest Casino and Gambling News, Casino closures, Employment & Careers, Labor Relations, Bankruptcy, New Jersey

Just when gaming analysts were predicting that Atlantic City’s casino woes were witnessing a turn around, billionaire Carl Icahn has announced that he plans to shutdown the iconic Trump Taj Mahal casino after L...

Striking Taj Mahal workers dig in for week two in Atlantic City

Kim M

July 10, 2016

Latest Casino and Gambling News, Labor Relations, New Jersey

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On the morning of Friday, July 8 at approximately 6am, about 900 Local 54 UNITE HERE hospitality workers from the Trump Taj Mahal entered week two of the strike against the casino once owned by presumptive Repu...

Decision facing Supreme Court; asked to rule on Trump casino bankruptcy

Kim M

May 31, 2016

Latest Casino and Gambling News, Bankruptcy, Fines, Lawsuits & Litigation, New Jersey

Whether or not to restore the pension and health benefits of more than 1,000 casino workers at the Trump Taj Mahal in Atlantic City is the decision the Supreme Court is being asked to make in the ongoing bankru...

Caesars Entertainment Corp hires new restructuring officer; Warns of Chapter 11

Sadonna Price

May 7, 2016

Latest Casino and Gambling News, U.S.A., Bankruptcy

On Friday, Caesars Entertainment Corp?(NASDAQ: CZR) announced that retired bankruptcy judge Robert Gerber has been appointed to the newly created position?of chief restructuring officer. Reuters reports that th...

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Imperial Pacific Seeks Court Approval to Sell Saipan Hotel Casino and Assets for $10M

Macau Hotel “THE 13” Calls for Bids; Offers $307 Million Sales Price

Aruze Gaming’s Financial Restitution – Voluntary Petition for Bankrupcy

Empire Resorts considering Chapter 11 bankruptcy

Studio City Macau investor files for bankruptcy in the United States

Sportsbetting provider mybet Holdings SE files for bankruptcy

TEN Atlantic City owner files lawsuit against New Jersey

Caesars Entertainment Corporation’s casino arm emerges from bankruptcy

Caesars Pays Online Chief Garber $210 Million

Cal Neva Lodge & Casino still facing bankruptcy woes

Caesar’s Operating Arm Resolves Lender Disputes Over Bankruptcy Exit

Carl Icahn to Shutter Trump Taj Mahal after Labor Day

Striking Taj Mahal workers dig in for week two in Atlantic City

Decision facing Supreme Court; asked to rule on Trump casino bankruptcy

Caesars Entertainment Corp hires new restructuring officer; Warns of Chapter 11

Tabcorp Ordered to Overhaul Operations After Major Compliance Failures

Thaksin Shinawatra Backs Casino Resorts as Key to Thailand’s Economic Revival

Evoke Acquires New Gambling Solutions to Boost Romanian Market Presence

NFL Players Association Files Lawsuit Against DraftKings Over NFT Platform Closure

Sweepstakes Casinos Are Dominating Right Now, But Are They Here To Stay?

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