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October 10th, 2008
Casino mogul Sheldon Adelson lost $4 billion of his personal fortune last month due to the slumping national economy, even before the latest stock market woes, a newspaper reported. Adelson was traveling Friday and unavailable for comment, said Ron ...
October 8th, 2008
Penn National Gaming, Inc. PENN announced today that, subject to customary regulatory approvals, Ameet Patel has been named General Manager of its Argosy Casino Hotel & Spa in Riverside, Missouri, effective October 14, 2008. Mr. Patel currently ...
October 10th, 2008
LAS VEGAS (AP) - Casino mogul Sheldon Adelson lost $4 billion of his personal fortune last month due to the slumping national economy, even before the latest stock market woes, a newspaper reported. Adelson was traveling Friday and unavailable for ...
October 10th, 2008
Susquehanna maintains a Positive rating on Las Vegas Sands (NYSE: LVS ), but slashes price target from $56 to $25. Susquehanna analyst says, "Given the rapidly deteriorating fundamentals in Las Vegas and growing challenges in Macau related to visa ...
October 7th, 2008
Shares of casino operators fell Tuesday as a Deutsche Bank North America analyst reduced several price targets partly on limited Las Vegas spending and Macau visa restrictions. Casino operators have been pressured of late as consumers continue to ...
October 7th, 2008
HONG KONG--( BUSINESS WIRE )--Sino Express Travel Limited (OTC: SXPT ) announced that it has signed a Memorandum of Understanding to acquire the right to manage a 160-room hotel in Macau for 10 years. The total consideration of US$2,500,000 is ...
October 9th, 2008
ATLANTIC CITY - This seaside resort is facing its biggest crisis in the 30 years since it gambled its future on casinos. The casinos that provide the crowds and the luster for this old town will report their September revenues tomorrow, and it is ...
October 5th, 2008
When a man like Sheldon Adelson, one of the richest in America, has to pour $475m of his family’s money into his casino empire to tide things over, it is time for the gambling industry to worry. The majority owner of Las Vegas Sands , whose assets ...
October 5th, 2008
ATLANTIC CITY - Jean Muchanic's mission sounds pretty easy at first: Get people to notice and visit the tallest lighthouse in the state, Absecon Lighthouse on Rhode Island Avenue. How can you not notice something designed to be easily visible to ...
October 9th, 2008
State gaming regulators carefully guard the fruits of their background investigations on license applicants. By state law, the documents are confidential to protect the privacy of the applicants. But in a rare order, U.S. Bankruptcy Judge Bruce ...
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