Inside these posts: Casinos

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.


‘Happy Days’ actors sue CBS alleging fraud

The cast of "Happy Days." (CBS)

“Happy Days,“ one of the most popular shows in television history, faces an unhappy legacy nearly four decades after it first went on the air.

The show, which originally aired from 1974 to 1984, “represented to the public what the best of America has to offer,“ said Anson Williams, who played Potsie. “The friendships, the opportunities, the warmth. Unfortunately, now ‘Happy Days’ also represents the worst of America — of what major companies are trying to get from it, trying to use it for, and forgetting the family it created.“ Get the full story »

WMS Industries shares fall 9% on lower Q3

Slot machine maker WMS Industries forecast a weak third quarter that fell short of analysts’ estimates, as demand fell, sending shares down 9 percent after the bell. Get the full story »

Casino giant Harrah’s changes name to Caesars

Harrah’s Entertainment Inc., the world’s largest casino company, has changed its name to Caesars Entertainment Corp. Harrah’s will continue to be one of the company’s brands, along with Caesars, Horseshoe, Total Rewards, and World Series of Poker. Get the full story »

Harrah’s cancels its initial public offering

Harrah’s Entertainment, which operates two casinos in Illinois, canceled its initial public offering, citing market conditions.

The casino operator was expected to price the offering on Thursday and begin trading on the Nasdaq this week. Harrah’s had said it would raise as much as $531 million for casino projects and to help with its heavy debt burden. Get the full story »

Ill. lawmakers take new look at gambling expansion

Illinois lawmakers are taking a new look at expanded gambling as a way to reduce the state’s massive budget deficit.

Lawmakers have talked for years about adding new casinos or putting slot machines at racetracks, but the proposals have always fallen apart. They’re getting more serious attention now, with the state facing a roughly $15 billion deficit. Get the full story »

Ameristar Casinos looking at ’strategic alternatives’

The parent company of Ameristar Casino Hotel East Chicago in Hammond, Ind., confirmed Wednesday it is exploring strategic alternatives, including a possible sale of the company.

The company said it retained Lazard and Bank of America Merrill Lynch as its financial advisers and Gibson, Dunn & Crutcher LLP as its legal adviser in the process. Get the full story »

Midwest Gaming, Clairvest financing deal completed

From The Wall Street Journal | Clairvest Group has closed a $72 million investment in Midwest Gaming Holdings LLC, which is
building a casino and entertainment complex in Des Plaines, Ill., slated to open in 2011.
Midwest has closed on $295 million in debt financing and purchased the
land for the project. The financing package and construction project got
state regulatory approval on March 30, and Midwest paid $47.5 million
as a down-payment on a casino license.

Get the full story: