Tag Archives: Stephen Crosby
- Caesars insists it can finance a Japanese casino as creditors push for default
June 26, 2014
Caesars Entertainment has vowed to spend at least $5b should Japanese legislators feel crazy enough to award the company a casino license. Caesars CEO Gary Loveman insisted that the company would have “no trouble raising the finance for a world-class facility in Tokyo,” telling Bloomberg that “you can typically finance...
- Caesars suit against Crosby tossed; Jacobs suit against Adelson revived
May 31, 2014
Caesars Entertainment suffered a legal setback on Friday after a federal judge dismissed the casino operator’s civil suit against Massachusetts Gaming Commission chairman Stephen Crosby. Caesars sued Crosby in December for allegedly scuppering their bid for a state gaming license in order to favor a rival bid by Wynn Resorts....
- MGM seeks Massachusetts license delay; Boston mayor tells Crosby to butt out
April 17, 2014
Casino operator MGM Resorts has asked Massachusetts gaming regulators to delay their decision on whether to award MGM the sole casino license up for grabs in the western portion of the state. MGM has the inside track on building a casino in Springfield, an effort that has cost the casino...
- Caesars Entertainment throws more accusations at Stephen Crosby
March 14, 2014
Caesars Entertainment's beef with Massachusetts Gaming Commission chair Stephen Crosby is far from finished. The casino operator is pointing to Crosby's relationship with a local landowner as a key reason the Nevada-based company received unflattering reviews in its suitability background check. In a transcript from a February 26 hearing reviewed...
- Massachusetts itching to get online gambling talks started
March 12, 2014
The Massachusetts Gaming Commission, criticized for the slowest of all slow plays with how it has handled giving out those casino licenses, is ironically itching to get online gambling set up in the state. How's that for a refreshing approach to gambling? Spearheading the push to fast track online gambling...
- Caesars has bad week in New Jersey, Massachusetts, Pennsylvania and Ireland
February 2, 2014
Caesars Entertainment's rumored acquisition of Atlantic City’s Revel casino isn’t sitting well with New Jersey state Sen. Jim Whelan. Caesars already operates four of AC’s eleven casinos (there used to be a dozen, but Caesars and the Tropicana bought the Atlantic Club in December for the express purpose of shutting...
New Jersey formally approves daily fantasy sports
August 25, 2017
Genting Malaysia may lose $274M on Mass. casino bet
May 23, 2017
Pennsylvania regulator hands fines vs. three erring casinos
October 5, 2017
Atlantic City’s mothballed Revel/TEN casino reportedly sold
October 5, 2017
Atlantic City casinos’ flat October; Borgata building sportsbook
November 15, 2017