Administration and Finance News

Ameristar Casinos said in a statement that "a sale is not in the best interests of the Company and its stockholders at this time."

Efforts to approve online gaming in New Jersey are moving forward as possible federal legislation stalls in Washington.

The hotel-casino opens Wednesday amid hopes it will lure new visitors, not take them from neighbors on the Strip.

Downtown Las Vegas saw its gaming revenue in October jump 10.3 percent, its first double-digit increase since 2008.

Consulting firm PricewaterhouseCoopers released a report that Nevada gaming will start seeing mid-single-digit gains between 2012 and 2014.

Online booking service Travelocity recorded flat rates averaging $121 a night for the holiday period between Dec. 17 and Jan. 3 in Las Vegas.

The free applications for Android, iPhones and the iPad provide up-to-the-minute offers and information directly to a customer's device.

Casino City Press has partnered with Regulatory Management Counselors to assist in developing the new “Vendor Licensing” section of its website, www.CasinoVendors.com.

Harrah's Entertainment plans to raise $610.9 million in an initial public offering this month and will change its corporate name to Caesars Entertainment.

Nine of 10 publicly traded casino operators and slot machine manufacturers saw their average daily stock prices increase during October.

Boyd Gaming said it wouldn't match the offer MGM Resorts International received for its 50 percent stake in Atlantic City's Borgata hotel-casino.

Despite acquiring the M Resort, Penn National Gaming executives said the company isn't done shopping for a casino on the Las Vegas Strip.

The recession and falling revenues have have devalued casinos. Penn National picked up M Resort's debt for 23 cents on the dollar and will wait out a Las Vegas recovery. Across the country Resorts Atlantic City was sold to gaming veteran Dennis Gomes for $35 million, the lowest price ever paid for a New Jersey casino.

Lloyds Banking Group take big hit on M Resort Spa Casino loan.

The Gaming Control Board granted Cosmopolitan operators initial approval to open its 150,000-square-foot casino on the Las Vegas Strip.