Pennsylvania Casinos Post Record Revenue for March '17

Pennsylvania's regulated casino gambling industry posted its highest revenues, ever, in March 2017 when it comes to table games. According to a recent statement from the Pennsylvania Gaming Control Board, gross table games revenue clocked in at $79,543,775 compared to $77,914,245 during that same period in 2016. That's an increase of roughly 2 percent. March…

Online Gambling Revenue and New Owners Boost Atlantic City's Fortunes

Good news is not something that comes out of Atlantic City very often. For decades, vultures have been hovering around the seaside resort picking off the bones of fiscal failure. But a flurry of positive earnings reports and some new casino owners suggest that the good old days may be returning to the Garden State's…

Hard Rock Set to Purchase Troubled Trump Taj Mahal Casino

Atlantic City's troubled boardwalk got a bit of good news this when reports began circulating that the Hard Rock International group will likely be buying the Trump Taj Mahal Casino. The Florida-based investment is reportedly planning to spend upwards of $300 million updating and upgrading the Trump Taj Mahal. The Taj Mahal's owner, billionaire Carl…

Icahn to Sell Trump Taj Mahal in Atlantic City

Carl Icahn, the billionaire owner of the Trump Taj Mahal casino, is getting ready to sell his casino and get the heck out of Atlantic City. The controversial casino owner made his decision after New Jersey lawmakers targeted his union-busting activities with a bill that would have stripped him of casino license for five years.…

Poker Chip Counterfeiter Released from Prison After Serving Eight Months

Christian Lugardi is a free man after serving eight months in prison for using counterfeit chips during a poker tournament at the Borgata in Atlantic City. Whatever luck Lugardi, age 42,  may or may not have had at the poker tables is  dwarfed by his incredible luck when it comes to the prison system. Lugardi…

Atlantic City Casinos Post First Revenue Gains in a Decade

Atlantic City casino owners might be among the very small number of people who thought 2016 was a pretty awesome year. After all, it was the first time in a decade that the city's casinos actually posted positive revenue. Much of that success, it turns out, was due to an increase in internet gambling. According…

Atlantic City Rolls Out US Casino First: Skill-Based Slot Machines

As part of their seemingly never-ending bid to get off of life support, Atlantic City casinos are rolling out an American first: skill-based slot machines. Use of the machines, which are produced by a New York firm called GameCo, Inc., was approved during a late-night meeting of the New Jersey Division of Gaming Enforcement (DGE)…

Land-Based Casino Report: Vegas and Pennsylvania Up, AC Down

The sands of the US land-based casino industry are ever-shifting as new markets emerge and player habits change. In recent months, that's meant that casino revenues are up in Las Vegas and Pennsylvania, while Atlantic City continues bleed. Here's a quick look at what's happening in America's three biggest gambling markets. Las Vegas Rising Las…

Phil Ivey Takes on Borgata with One More Lawsuit

Poker legend Phil Ivey is counter suing the Borgata Hotel and Casino over allegations of destroyed evidence in his ongoing case of, alleged, edge sorting. Ivey, and a co-defendant claim that the Borgata acted illegally when it destroyed the cards that had been used in Ivey's controversial $9 million baccarat winning streak at the AC…