The bankruptcy plan for a unit of Caesars Entertainment could be in jeopardy if the company's bank lenders walk away from a deal. The unit filed for bankruptcy in 2015, and most creditors now back the reorganization plan.
The opening of the MGM National Harbor this month will allow two casinos in Maryland to keep more slot machine revenue. Maryland Live! and Horseshoe Baltimore, the closet casinos to MGM National Harbor, will receive the tax break to make up for any lost business.
New Jersey lawmakers are considering a bill that would allow regulators to suspend gaming licenses for five years for casinos that shut down due to labor disputes. Experts say the bill is aimed at preventing Carl Icahn, the owner of the closed Trump Taj Mahal, from reopening the casino without a union workforce.
The lower house of Japan's Parliament passed a bill Tuesday to legalize casinos. The upper house of Parliament now has to vote on the bill.
Jack Entertainment has debuted Interblock's stadium-style gaming at its Greektown Casino-Hotel in Detroit. It allows the casino "to select different configurations and gambling-enhancing moods via the simple press of a button," Adam Morgan writes.
Imperial Pacific reported $1.7 billion in rolling chip volume for November for its casino in Saipan, Northern Mariana Islands. The temporary casino, which opened a year ago, offers 144 slot machines and 48 gaming tables.
MGM Resorts International plans to hold a grand opening Thursday for its MGM National Harbor in Prince George's County, Md. The $1.4 billion casino will feature a 135,000-square-foot gaming floor, a 308-room hotel and metal artwork by Bob Dylan.
Tioga Downs opened last week as the first commercial casino in upstate New York after a 2013 law authorized four casinos. The remaining three casinos are slated to open in 2017, and a state lawmaker said the state could reconsider online gaming after all the brick-and-mortar casinos open their doors.
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