Archive for the 'Business & Finance' Category
Tropicana Dealers Vote to Unionize
Monday, August 27th, 2007Saturday August 25th proved to be an unlucky day for the management at the Tropicana Casino and Resort.
Detroit Casinos Spend $1.5 Billion on New Resorts to Attract Tourism
Wednesday, August 15th, 2007Detroit’s casinos, the MGM Grand Detroit, Greektown and MotorCity are spending $1.5 billion to build new hotels in the city to attract tourists and become a srious gambling and entertainment center.
Online Casino William Hill Relocates to Gibraltar Following Gambling Advertising Ban
Tuesday, August 14th, 2007Online gambling group and bookmaker William Hill is moving its operations from the Dutch Antilles in the Caribbean to Gibraltar.
Steve Wynn Says He Would Return to Atlantic City, If…
Monday, August 13th, 2007Casino Impresario Steve Wynn announced last week that he would come back to Atlantic City and build a show stopper property. His only condition? That he be given the right to develop the Bader Field property which is the closed city airport.
Atlantic City Casino Revenue Slide Continues in July
Monday, August 13th, 2007July proved to be an unlucky month for the casinos in New Jersey.
In what is proving to be a down year for the casino industry net receipts or ‘win’ in July was 469 million dollars down 2.3 % from the same month last year.
Tropicana Chief Gets the Axe After Overseeing Hundreds of Layoffs
Sunday, August 12th, 2007Fred Buro, chief executive for the Tropicana Casino and Resort, was dismissed recently. His replacement, Mark Giannantonio, held the position of executive vice-president of operations. He is expected to halt the decline in revenue.
Dealer Negotiations Begin for Caesars Atlantic City
Sunday, August 12th, 2007Five Months after voting in representation by the UAW, bargaining has begun between the dealers and management at Caesars Atlantic City.
UK Casinos Allowed TV Adverts After 9 p.m.
Thursday, August 9th, 2007Televisions advertisements for the gambling industry during sporting events will be allowed in the United Kingdom, starting September 1. The catch is they will only be allowed after 9 p.m.
Mark Juliano Takes the Reins for Trump Casinos
Sunday, August 5th, 2007Mark Juliano the interim president for Trump Entertainment has been made the permanent CEO for the ailing casino corporation.
Trump Marina Dealers Union Vote to be Nullified
Wednesday, July 18th, 2007According to a well placed source in Trump Plaza, the dealers union vote held by the Trump Marina property will be voided and another vote will be held within two months.