Casino game glitches allowed John Kane and Andre Nestor to win hundreds of thousands of dollars, while making Behar Merlaku think he had won $57 million. In the world of gambling there are games of skill, and there are games of chance. Poker and blackjack fit into the former group, while the majority of electronic […]
Nich Moore September 5, 2014 15:34:37
Atlantic City has nearly 9,000 people newly unemployed as four of twelve casinos close in the space of a year as competition in the region heats up. Atlantic City’s troubles have been brewing for a while now. The last seven years have seen a slide in operating profits across the casino sector the mainstay focus […]
Alex Nevsky August 6, 2014 19:25:18
Donald Trump is seeking to remove his name from two Atlantic City casinos by suing the company that runs them. While the situation with Atlantic City casinos operating under American gambling laws worsens by the month, Donald Trump is now suing to get his name removed from two of his former properties there. Interestingly enough, […]
Rab March 27, 2014 18:48:22
Caesars Entertainment Corp. has announced plans to close Harrah’s Tunica casino, in early June, as a direct result of dwindling business in the area The move comes after significant “declines in business levels in the area stemming from increased competition.” Gambling revenue in the Tunica dropped more than 25% from 2008, from $1.1 billion to […]
Monica E. March 5, 2014 14:23:36
Caesars Entertainment has sold four casinos to its affiliate Caesars Growth Partner for $2.2 billion. The agreement includes an assumed debt of $185 million, as well as project capital expenditures of $223 million. The transaction will most probably close in the second quarter of 2014, when Caesars Growth Partner will get three casinos in Las […]
Alex Nevsky March 22, 2011 15:54:23
In a recent case, a blackjack card counter lost against Harrah’s Casino in USA Federal court as the judge ruled in favor of the casino
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