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Revel Casino Sale Not Final

Just when we thought that the sale of Atlantic City’s Revel Casino to Glenn Straud was as good as final, Judge Gloria Burns declined the sale on Wednesday and extended the sales window an additional week. The presence of another potential buyer, Los Angeles property developer Izek Shomof, is the reason for the delay in the approval of the sale. Shomof's uno...

Land Based Casino News

Macau Revenue's Worst Plunge in History

Macau gambling revenue hits a new low in February, with a shocking 48.6 percent decline. Analysts were predicting weak numbers but not as bad as those released on Monday by the Gaming Inspection and Coordination Bureau, which are the worst on record. The revenue fall of 18.5 billion patacas has been attributed to a slowdo...

Land Based Casino News

Atlantic City’s $2.4B Revel Casino Sold for $82M

There has been some ups and downs with the sale of Revel Atlantic City but it seems that Glenn Straub has made the deal of the century having purchased the land based casino property worth $2.4 billion for the bargain price of $82 million. He initially bid $95.4 million bid when the property was auctioned but he had failed to meet the deadline to complete the...

Land Based Casino News

Glenn Straub’s Purchase of Revel Falls Through

Florida developer Glenn Straub has been the only potential buyer of Revel Atlantic City but it looks like the casino will be back on the market after bankruptcy Judge Gloria Burns ruled that the owners could back out of the sale since it was not finalized by the February 9th deadline. Straub initially bid $95.4 million for the $2.4 billion property and paid a...

Land Based Casino News

Potential Comeback for Atlantic City

It looks like there may be a light at the end of the tunnel for Atlantic City’s remaining casinos after all. In fact, the revenue in January was recorded as having an increase of 19%, in comparison to last year. More specifically, the eight casinos took in $197.5 million last month, an increase of 18.8 percent over the $166.2 million recorded in January 2014....

Land Based Casino News

Latest Land Based Blogs

Golden Nugget Laughlin Review

I have always liked the Golden Nugget in Las Vegas so was pretty excited about going to Golden Nugget Laughlin...

Golden Nugget Laughlin

Harrah's Laughlin Casino & Hotel Review

You know those magical occasions that no matter what game you touch you’re a winner! That is what happened to...

Harrah's Laughlin Casino & Hotel

Harrah's Metropolis Casino Review

I spent some time in Southern Illinois and had to head out to Harrah’s Casino Metropolis. The Riverboat Casino...

Harrah's Metropolis Casino

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