Bally’s Corporation has announced that the city has selected Bally’s for the new Chicago casino. The resort will be a $1.7 billion destination casino, with entertainment and a hotel project. Bally’s was chosen as the preferred bidder in the City’s request for proposal process to construct and operate a world-class casino resort in downtown Chicago. […]
Tag: Land Based Gaming and Casinos
Bally’s Chosen for New Chicago Casino
Bally’s Corporation has announced that the city has selected Bally’s for the new Chicago casino. The resort will be a $1.7 billion destination casino, with entertainment and a hotel project. Bally’s was chosen as the preferred bidder in the City’s request for proposal process to construct and operate a world-class casino resort in downtown Chicago. […]
Flamingo Las Vegas Could be on the Market
Our gambling news this week finds Caesars hemorrhaging cash and looking to sell a casino on the Las Vegas Strip. Possibly, Flamingo Las Vegas. And while most suspected Planet Hollywood would be the property sold, indications are that Caesars will try to find a buyer for the 75 year old property. Howdy friends! And welcome […]
Caesars Entertainment Continues to Bleed Cash
Despite record breaking revenue numbers for Nevada and Las Vegas, Caesars Entertainment in hemorrhaging cash. While the company was able to generate $2.3 billion in revenue, which is up from $1.8 billion the year before, their net losses somehow increased from $423 in 2021 to $680 million this year. Part of the reason for the […]
Caesars to Sell Flamingo Las Vegas?
Having just celebrated their 75th Anniversary in November of last year, rumors that the Flamingo Las Vegas will be sold by Caesars for over $1 billion are now swirling. We’ ve known that Caesars was looking to sell a Strip property for quite a while now. Here at This Week in Gambling, our suspicion was […]
Golden Nugget Owner Eyes New Strip Casino
With the owner of the Golden Nugget Casino looking to buy a 6 acre parcel on Las Vegas Boulevard, speculation of a new Strip casino has begun. The property is located at the corner of Harmon Avenue across from the City Center. Tilman Fertitta,the Houston billionaire who also owns the NBA’s Rockets, seems to be […]
Golden Nugget Owner Eyes New Strip Casino
With the owner of the Golden Nugget Casino looking to buy a 6 acre parcel on Las Vegas Boulevard, speculation of a new Strip casino has begun. The property is located at the corner of Harmon Avenue across from the City Center. Tilman Fertitta,the Houston billionaire who also owns the NBA’s Rockets, seems to be […]
Vegas Strip Casinos See 3rd Highest Revenue Ever
The economic recovery from the Covid pandemic continues for Las Vegas Strip casinos. The Nevada Gaming Control Board has reported March was the 3rd highest monthly gambling revenue ever recorded for resorts up and down the Boulevard, while the state reached it’ s 2nd highest revenue figured of all time. Strip casinos hauled in over […]
Palms Las Vegas Reopens with Tribal Leadership
The Palms Las Vegas today announced April 27, 2022 as the official public opening date for the legendary Las Vegas property, with room and suite reservations now being accepted on their website for stays beginning on April 28, 2022. This new chapter in Palms history will be celebrated with a fireworks extravaganza on opening night. […]
Pennsylvania Casinos Fined Over $65,000
Four Pennsylvania casinos have been fined for a variety of violations, this according to the state’s Gaming Control Board. The fines were approved late last week. The Mohegan Sun Pocono Casino received a fine of $10,000 for failures in self-exclusion, and the Rivers Casino Pittsburgh was fined $7,500 for using revoked software on some slot […]