The Taj Mahal Casino in Atlantic City has been sold. Hard Rock International will be majority owner of the property in partnership with the Morris and Jingoli families. The group will invest more than $300 million to purchase, renovate and re-open the casino by the summer of 2018.
Carl Icahn, Chairman of Icahn Enterprises, acquired the casino in February 2016 when Trump Entertainment Resorts Inc. emerged from bankruptcy. Losing millions of dollars a month, Icahn closed the casino on October 10th of 2016
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Showing posts with label Casino News. Show all posts
Showing posts with label Casino News. Show all posts
Thursday, March 2, 2017
Wednesday, February 8, 2017
Rivers Casino NY opens on Feb. 8th
The Rivers Casino at Mohawk Harbor in Schenectady, New York opened on February 8th of 2017. The casino offers 1,150 slot machines, 66 table games and 15 poker tables on a 50,000-square-foot gambling floor with a 163-room hotel
Same center inlay design on all denominations
Thursday, December 8, 2016
MGM National Harbor opens on Dec. 8th
MGM National Harbor, the $1.4 billion, 308-room resort built by MGM Resorts International on the banks of the Potomac River in Maryland just outside Washington, D.C., opened its doors on December 8th of 2017. The same center inlay design was used on all denominations
Saturday, November 19, 2016
Lucky Dragon opens on November 19, 2016
The Lucky Dragon Hotel and Casino in Las Vegas had their soft opening on November 19th of 2016. The Chinese-themed casino just off the Las Vegas Strip announced that it will have its Grand Opening on Saturday, Dec. 3. The 3-acre property has 200 hotel rooms and a casino floor spanning 27,000 square feet. The same center inlay design was used on all denominations
Wednesday, September 28, 2016
Trump Taj Mahal closing Oct. 10
Atlantic City’s Trump Taj Mahal casino plans to close at 6 a.m. on October 10th. They have been winding down some table games since September 26th
Billionaire owner Carl Icahn says he will shut the Trump Taj Mahal down because it is losing millions of dollars a month. Atlantic City’s main casino workers’ union has been on strike against the casino since July 1. The closure would leave Atlantic City with seven casinos
Billionaire owner Carl Icahn says he will shut the Trump Taj Mahal down because it is losing millions of dollars a month. Atlantic City’s main casino workers’ union has been on strike against the casino since July 1. The closure would leave Atlantic City with seven casinos
Wednesday, September 21, 2016
Revel Atlantic City name change to Ten
The Revel Casino in Atlantic City will be renaming the resort to "Ten" and reopening it in the first quarter of 2017. They had promised to have the hotel portion of Revel up and running by June 15, but had to scrap those plans because they had not yet received a certificate of occupancy for the property and because state casino regulators told them they had to apply for a casino license like all the other casino operators in town.
The new name could create some interesting wrinkles for gambling regulators and customers alike, including the prospect of having casino chips in the denominations of $1, $5, $25 and $100 stamped with the word “Ten” in their center.
Casino History
Revel opened on April 2nd of 2012, but struggled from the outset; it never turned a profit, went bankrupt twice, and shut down on September 2nd of 2014. The casino cost $2.4 billion to build and sold in bankruptcy court in April of 2015 for $82 million to Glenn Straub, a Florida developer.
The new name could create some interesting wrinkles for gambling regulators and customers alike, including the prospect of having casino chips in the denominations of $1, $5, $25 and $100 stamped with the word “Ten” in their center.
Casino History
Revel opened on April 2nd of 2012, but struggled from the outset; it never turned a profit, went bankrupt twice, and shut down on September 2nd of 2014. The casino cost $2.4 billion to build and sold in bankruptcy court in April of 2015 for $82 million to Glenn Straub, a Florida developer.
Friday, June 10, 2016
Horseshoe Cincinnati renamed Jack Cincinnati Casino
Jack Cincinnati Casino opened on June 8th after more than 40 hours of finishing touches to rebrand the former Horseshoe. The region's dominant casino, which closed on June 6th, reopened under its new moniker. Workers spent hours switching out hundreds of old "Horseshoe" logos from slot machines, gambling tables, dice and internal signage. The name change was an elaborate process in part because slots, dice and cards must be inspected before they are put in play to meet regulatory standards.
Casino owner Dan Gilbert announced the brand name change early this year as his company moved into active management of his budding gambling empire. His gambling arm, Rock Gaming, also changed its name to Jack Entertainment earlier this year. The Detroit mogul is best known as the owner of Quicken Loans and the Cleveland Cavaliers.
They are also rebranding Horseshoe Casino Cleveland, ThistleDown Racino near Cleveland as well as Greektown Casino in Detroit
Casino owner Dan Gilbert announced the brand name change early this year as his company moved into active management of his budding gambling empire. His gambling arm, Rock Gaming, also changed its name to Jack Entertainment earlier this year. The Detroit mogul is best known as the owner of Quicken Loans and the Cleveland Cavaliers.
They are also rebranding Horseshoe Casino Cleveland, ThistleDown Racino near Cleveland as well as Greektown Casino in Detroit
Friday, June 3, 2016
Monte Carlo becoming Park MGM
The 3,000-room Monte Carlo in Las Vegas will undergo a two-year, $450 million makeover that will create a new luxury brand for MGM Resorts International and bring the NoMad Hotel concept to the Strip.
MGM and the New York-based Sydell Group announced that work on the transformation of the property, which will become known as Park MGM, would begin this year and be completed by the end of 2018.
The Monte Carlo won’t close during the project and that workers will move floor by floor during the course of construction. Some public areas will be closed as work progresses. The final name change will not occur until work is close to completion and changes can be made to websites and room-booking search engines.
MGM and the New York-based Sydell Group announced that work on the transformation of the property, which will become known as Park MGM, would begin this year and be completed by the end of 2018.
The Monte Carlo won’t close during the project and that workers will move floor by floor during the course of construction. Some public areas will be closed as work progresses. The final name change will not occur until work is close to completion and changes can be made to websites and room-booking search engines.
The 32-story Monte Carlo opened on June 21st of 1996
Friday, May 27, 2016
DiamondJacks becomes WaterView Casino
The DiamondJacks Casino in Vicksburg, Mississippi becomes the WaterView Casino with their official Grand Opening weekend beginning on May 27th of 2016. The new brand takes its name from the location of the property along the bend of the Mississippi River. The same center inlay design was used on all denominations.
History of Property
The location had first opened as the Isle of Capri in August of 1993 and became DiamondJacks in September of 2006
History of Property
The location had first opened as the Isle of Capri in August of 1993 and became DiamondJacks in September of 2006
Wednesday, May 11, 2016
Horseshoe Cleveland renamed Jack Cleveland Casino
The Horseshoe Cleveland downtown casino closed down after midnight on May 9th and reopened on May 11th. It’s all part of the Horseshoe Casino Cleveland’s transformation into Jack Cleveland Casino. The name change comes after casino owner Rock Gaming took over operations from Caesars Entertainment.
The Dan Gilbert-owned company Rock Gaming also changed its name to Jack Entertainment LLC. Jack Entertainment also is rebranding Horseshoe Casino Cincinnati and ThistleDown Racino near Cleveland as well as Greektown Casino in Detroit
The Dan Gilbert-owned company Rock Gaming also changed its name to Jack Entertainment LLC. Jack Entertainment also is rebranding Horseshoe Casino Cincinnati and ThistleDown Racino near Cleveland as well as Greektown Casino in Detroit
Thursday, March 3, 2016
Moulin Rouge Las Vegas resurrected
After months of speculation and thirteen years after the original structure burned to the ground, Scott Johnson, President of the Moulin Rouge Holdings LLC announced the rise of the new Moulin Rouge Las Vegas. The first phase of construction will begin this spring with a groundbreaking ceremony scheduled for May 2016.
Wednesday, December 9, 2015
Scarlet Pearl Casino opens Dec. 9, 2015
The $290 million Scarlet Pearl Casino resort in D’Iberville, Mississippi had their grand opening on December 9th of 2015. The 60,000-square-foot casino features 1,350 gaming machines, 45 table games and 10 poker tables. Other amenities are a 300-room hotel in a 14-story tower, a 500-seat event center, buffet and gourmet restaurants, a coffee shop/café and a 36-hole mini golf course.
Same center inlay design on all denominations
Sunday, October 18, 2015
Isle of Capri Natchez closes on October 18
The Isle of Capri closed its casino in Natchez, Mississippi on October 18th of 2015. They sold the hotel and certain related non-gambling assets to Casino Holding Investment Partners, the parent company of Magnolia Bluffs Casino, for $11.5 million. Magnolia Bluffs is located next to Isle of Capri. Gaming equipment will be used in The Isles other locations and the fate of the riverboat is uncertain at this time
History of Property: The Riverboat opened in May of 1993 as the Lady Luck Casino which operated until July of 2000 when it became the Isle of Capri
History of Property: The Riverboat opened in May of 1993 as the Lady Luck Casino which operated until July of 2000 when it became the Isle of Capri
Monday, September 28, 2015
Harrah’s Cherokee Valley River Casino opens Sept. 28
Harrah’s Cherokee Valley River Casino had their grand opening on September 28th of 2015. Located in Murphy, North Carolina it is the second casino to open in the state. The other being Harrah’s Cherokee Casino in Cherokee, North Carolina.which opened in 1997
The casino resort has 50,000 square feet of gaming space with more than 1,000 slot machines and 70 table games. It also has a food court and a 300-room hotel
The casino resort has 50,000 square feet of gaming space with more than 1,000 slot machines and 70 table games. It also has a food court and a 300-room hotel
Saturday, August 15, 2015
LV Club sold and closing soon
The Las Vegas Club, one of the city's oldest casino properties, has changed hands between downtown owners. The 86-year-old sports-themed casino was sold by the Tamares Group, owners of the Plaza, to Derek and Greg Stevens, who own the D Las Vegas.
The Stevenses acquired the Fitzgerald in October 2011, invested $22 million in renovations and converted it to the D Las Vegas a year later. They also own 60 percent of the Golden Gate, which is across Fremont Street from the Las Vegas Club
Plans are in place for the casino’s table games to close by Sunday night, and the full casino would cease operations by Wednesday, August 19th of 2015. Las Vegas Club’s 410-room hotel has been closed for about two years. There will be some demolition and renovation, but that will be several months down the line. They did not purchase the casino name, so whatever eventually reopens at the corner of Main and Fremont streets will be called something else
The Stevenses acquired the Fitzgerald in October 2011, invested $22 million in renovations and converted it to the D Las Vegas a year later. They also own 60 percent of the Golden Gate, which is across Fremont Street from the Las Vegas Club
Plans are in place for the casino’s table games to close by Sunday night, and the full casino would cease operations by Wednesday, August 19th of 2015. Las Vegas Club’s 410-room hotel has been closed for about two years. There will be some demolition and renovation, but that will be several months down the line. They did not purchase the casino name, so whatever eventually reopens at the corner of Main and Fremont streets will be called something else
Friday, July 31, 2015
Carson Station name change to Max Casino
Tuesday, June 30, 2015
Siena in Reno closes their casino
The Siena Casino & Hotel in Reno, Nevada has been sold and the new owners closed the casino portion of the property. A redemption notice had been posted in the casino for all casino chips to be redeemed by June 30th of 2015. You will have till July 29th of 2015 to redeem any TITO's (ticket in ticket out) by mail. Their true intention has yet to be disclosed
History of the property: This was the location of the Holiday Hotel & Casino which opened in 1956 and closed in 1998. In July of 2001 it reopened as the Siena Hotel & Casino. They closed in November of 2010 due to bankruptcy and reopened with new owners and chips in April of 2011
History of the property: This was the location of the Holiday Hotel & Casino which opened in 1956 and closed in 1998. In July of 2001 it reopened as the Siena Hotel & Casino. They closed in November of 2010 due to bankruptcy and reopened with new owners and chips in April of 2011
Monday, May 4, 2015
Riviera Las Vegas closed May 4th
The Las Vegas Convention and Visitors Authority purchased The Riviera. The agency’s board members voted to spend up to $191 million to buy the 26-acre property on the north end of the Strip to make way for an expanded convention center, part of a $2.3 billion project it’s calling the Las Vegas Global Business District.
Approval of the transaction occurred simultaneously with authorization of a lease-back agreement that kept operation of the hotel-casino in the hands of Paragon Gaming, a Las Vegas company that managed the property for Connecticut-based Starwood Capital Group. Paragon was responsible for closing the property, which marked its 60th anniversary on April 20th, and turned it over to the authority for demolition
Approval of the transaction occurred simultaneously with authorization of a lease-back agreement that kept operation of the hotel-casino in the hands of Paragon Gaming, a Las Vegas company that managed the property for Connecticut-based Starwood Capital Group. Paragon was responsible for closing the property, which marked its 60th anniversary on April 20th, and turned it over to the authority for demolition
Thursday, January 29, 2015
Hard Rock Tahoe opened on Jan. 28 of 2015
The Hard Rock Hotel & Casino Lake Tahoe opened on January 28th of 2015 in the site of the former Horizon property in Stateline, Nevada
Same center inlay design on all denominations
This was the previous location of the Horizon Casino Resort
which closed on April 1st of 2014
Monday, December 8, 2014
Golden Nugget Lake Charles opens on Dec 8, 2014
The Golden Nugget Hotel and Casino Lake Charles, Louisiana opened on December 8th of 2014. The casino features 70 table games, a poker room and 1,600 slot machines. The 25-story hotel and casino features 740 luxury hotel rooms and suites; an 18-hole championship golf course; an 18,000-square-foot ballroom; 30,000 square feet of meeting space; and a number of Landry’s signature restaurants.
Same center inlay design on all denominations
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