Category: Money

$40-million redevelopment of former Isle of Capri in Kansas City includes new name

August 4, 2021

The casino is becoming Bally’s Kansas City as it undergoes a major upgrade Bally’s Corporation has embarked on a $40 million redevelopment project and as part of that, it has reportedly changed the name of its KC Casino in Missouri, which was formerly known as Isle of Capri. According to the Rhode Island-based operator’s announcement […]

Las Vegas has lost billions of dollars because of COVID-19

August 3, 2021

A new study by the LVCVA shows over $30 billion in losses from the pandemic A report has just been shared recently that gives a clear picture of how much of an economic impact COVID-19 has had on Las Vegas so far. The negative impact may not come as a surprise to many, but the […]

COVID-19 face mask requirements continue to hit casino floors across the US

August 3, 2021

Iowa’s Prairie Meadows is the latest to bring back masks, with revenue likely to take a hit Everything seemed to be getting back to normal, but a new delta variant of COVID-19 is taking the casino industry back a few steps. This new variant continues to spread across the US and many places are beginning […]

Red Rock Resorts reports second-quarter results

July 29, 2021

The second quarter of this year has come to an end and Red Rock Resorts, Inc. did all the necessary paperwork to present yesterday its financial results for the period ending June 30. Among the properties that remained fully operational during the second quarter were Boulder Station, Green Valley Ranch, Palace Station, Red Rock, Santa […]

Former CEO of Wisconsin casino faces charges of embezzlement, tax evasion

July 28, 2021

The former GM of the Turtle Lake Casino could spend over 20 years in prison for his crimes Leva Oustigoff Jr, 59, who was the GM and CEO of Turtle Lake Casino in northwest Wisconsin appears to no longer have the lucky vibe in his favor. He now faces tax evasion charges in addition to […]

Bally’s expects consolidated revenue for the second quarter to show a rebound

July 27, 2021

Bally’s Corp. is expected to show consolidated revenue of as much as $268 million Bally’s Corporation, best known for its prominence in omnichannel casino entertainment, has announced unaudited financial results for the three-month period ended June 30. In addition to this, it also shared its financial plans for the previously announced acquisition of Gamesys Group […]

Casino thief sentenced to four years after multiple robberies

July 26, 2021

A mask-wearing casino thief got away with $125,000 before being caught A 56-year-old man may have thought that donning different prosthetic masks would help him get away with it. It worked, too, for a while. After allegedly stealing money from gambling properties on several occasions, his plan backfired and he will now spend four years […]

Rhode Island casino on the lookout for armed robbers

July 23, 2021

Two people allegedly attack gamblers in the parking lot of the Lincoln Twin River casino The Twin River Casino in Lincoln, Rhode Island, was reportedly the scene of an armed robbery last Wednesday. According to statements, two bandits, one of whom was wearing a SpongeBob t-shirt, targeted two men in the middle of the week […]

Las Vegas Strip’s Aztec Inn Casino can be purchased for $60 million

July 22, 2021

The casino has already found some interest from possible buyers Owning a casino on the Las Vegas Strip must be quite a privilege. This approximately 4.5-mile section of Las Vegas Boulevard South has steadily grown to become one of the most exclusive gaming and nightlife areas in the world. The good news is that someone […]

Borgata sued by poker pro for $1.2 million following lifetime ban

July 21, 2021

Scott Robbins wants the casino to pay for kicking him off the property Poker player Scott Robbins was banned for life by the people at the Borgata Atlantic City casino after he joked about jumping out of his hotel room window. However, he doesn’t plan to sit idly by and accept the ban, which is […]

COVID-19 restrictions are returning to some Las Vegas casinos, threatening recovery

July 20, 2021

New COVID-19 spikes are causing problems for Sin City’s economy again Just when it seemed that victory was being achieved, another stone has appeared in the path of the pandemic caused by COVID-19. According to the most recent reports, Nevada is going through a rough patch, as a surge of new cases of COVID-19 has […]

New Jersey casinos continue to show improvement with nine-figure results

July 19, 2021

Atlantic City’s casinos are rebounding from another massive blow from COVID-19 The massive profits keep coming in for the casinos located in New Jersey, and it looks like they are closing a more than fruitful first semester. It has now been four consecutive months where operators in Atlantic City’s gaming market are experiencing profits that […]

The New Pioneer casino in Laughlin, NV, reportedly for sale

July 16, 2021

A for sale ad for the property was published, but quickly removed after the press found out After the arrival of the COVID-19 pandemic, many places around the world suffered drastically; so much so that even in recent times, they have not been able to find a desired recovery. Laughlin, NV is one of them. […]

IndyCar is finally getting its own video game after almost 20 years

July 16, 2021

An Indy video game is coming to PlayStation and Xbox consoles, as well as PCs The IndyCar Series is the most important single-seater racing category in the US but even with its great popularity, NASCAR and Formula 1 have taken the lead when it comes to having their own consistent video game franchise. It has […]

Silver Star Hotel & Casino employee learns his fate for stealing from his employer

July 15, 2021

A casino employee avoids jail time, but will have to pay back the $11,000 he stole On certain occasions, many people would think that the threat always comes from the outside, without even thinking that people in your own circle are robbing you. In casinos, it is usual to see reports of robberies, violence and […]

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