Industry News Archive

After more than two months in a heated bidding war that upped the purchase price by more than $600 million, the gaming company which owns the Tropicana moniker has entered into a definitive agreement to be purchased with Kentucky based Columbia Entertainment...

Rampant speculation turned to deal-making fruition as owner Peter Morton has sold his Hard Rock Hotel & Casino in Las Vegas plus an additional 23 acres of land on the same parcel for $770 million in cash to the Morgan Hotel group Co., an owner of boutique hotels.

The man who invented (and continues to reinvent) modern Las Vegas was honored by Time Magazine last week as one of the World's Most Influential People. And for good reason too: Steve Wynn’s far reaching influence is felt in almost every corner of modern casino design.

A new poll, released by the Canadian Gaming Association, indicates that most Canadians today see gaming, including online gaming, as an acceptable way to spend their entertainment dollars. The survey was conducted by PMG Consulting, based in Waterloo, Ontario...

This incredible deal between The Mashantucket Pequot Tribal Nation (MPTN) and MGM MIRAGE (NYSE: MGM) will bring the MGM Grand casino brand to the woods in Connecticut while giving Foxwoods Resort Casino the ability to leverage the venerable MGM brand name.

Major gaming companies, like Wynn Resorts, Inc. (Nasdaq: WYNN) and MGM Mirage (Nasdaq: MGM), have moved into online gaming, in a major way, as the business begins to bustle, and is projected to reach $25.2 billion by 2010, experts tell Onlinecasinocrawler.com.

Retired NBA superstar and Hall of Famer Charles Barkley told ESPN in an interview that he has a gambling problem and estimates his losses to be close to $10 million.