Betting & Casino News Service

The bankrupt owner of Fortune Valley Hotel & Casino in Central City disclosed Monday that it has put the property on the block.

WANE
4th casino files for bankruptcy protection
Indianapolis Star
Centaur Gaming, the parent company of the Hoosier Park horse track casino in Anderson, announced Monday it would file for bankruptcy …
Ind., Colo. casino owner files bankruptcyThe Associated Press
Casino owner to sell, files for bankruptcyThe Durango Herald
Indiana Casino’s Money ProblemsMyWabashValley
Denver Business Journal

WANE
Casino owner to sell, files for bankruptcy
The Durango Herald
DENVER – The bankrupt owner of Fortune Valley Hotel & Casino in Central City disclosed Monday it has put the property on the sales block. …
Ind., Colo. casino owner files bankruptcyThe Associated Press
Indianapolis Casino Company Files for BankruptcyCasino Online (press release)
Indiana Casino’s Money ProblemsMyWabashValley
Denver Business Journal

New York Daily News
Digest: New owner for struggling casino
Houston Chronicle
Icahn bought Tropicana Casino and Resort out of bankruptcy for 80 percent less than what it was expected to fetch before the recession hit. …
Tropicana Entertainment Casino Company Emerges From BankruptcyCasino Gambling Web
PRESS RELEASE: Carl C. Icahn Announces Tropicana Entertainment Inc …Wall Street Journal
Tropicana Entertainment emerges from bankruptcyMarketWatch
Emii.com

It took more than two years, nearly $12 million in fees and a billionaire’s bargain-basement bid, but the Tropicana Casino and Resort has been salvaged by its sale to Carl Icahn.

Ben Roethlisberger has been given the benefit of the doubt by the Pittsburgh Steelers and their fans, but his latest incident in a Georgia nightclub Thursday is testing the patience of his supporters.

myfoxny.com
Tropicana Entertainment Casino Company Emerges From Bankruptcy
Casino Gambling Web
Tropicana Entertainment has been synonymous with casino success throughout the US, but the company ran into financial problems after the credit crisis and …
PRESS RELEASE: Carl C. Icahn Announces Tropicana Entertainment Inc …Wall Street Journal
Tropicana Entertainment emerges from bankruptcyMarketWatch
Icahn Looking to Trump TrumpHotel Interactive, Inc.
Philadelphia Inquirer

Tropicana Entertainment has become the first major gaming company to emerge from bankruptcy caused by the economic recession. Billionaire Carl Icahn announced the news on Monday.

Only a couple of weeks after being furloughed from his longtime job, Leo Conklin was one of the lucky ones to make the cut at the Sheraton at Station Square, earning a spot in the school set up to train dealers for the Rivers Casino.

National Problem Gambling Awareness Week began on Monday and agencies all across the US are educating people on all of treatment options that are available for those with a gambling addiction.

Las vegas Sands will get their chance to share with lawmakers in Florida a vision of two major casino resorts in the state. The proposal will be shown to legislators on Wednesday.

Iowa Considers More Gambling
CitizenLink
While Iowa lawmakers are considering expanded gambling, the state’s casino industry had its worst showing in four years, according to a Des Moines Register …
Iowa Governor Pushes Regulators Towards Casino ExpansionCasino Gambling Web
Iowa’s governor wants four new casinosCasino City Times
Recession hits casinos, tooDesMoinesRegister.com
Waterloo Cedar Falls Courier

Gambling911.com
Harrah’s to Extend $5.5 Billion of Loans to 2015 (Correct)
BusinessWeek
Other US-based casino companies have also extended debt maturities after expanding ahead of the recession that began in December 2007. …
Harrah’s Wins Relaxed Terms on $5.5 Billion in CMBS DebtWall Street Journal
Harrah’s catches break with $5.5bn debt maturity extensionAltAssets
Harrah’s Entertainment Able to Delay Debt Payment Until 2015Comtex Smartrend
Reuters

Cleveland Leader
Columbus Casino’s Owners Finalize Deal For Beulah Park
10TV
Penn National is planning to build a $400 million casino in Columbus, with an estimated opening in the second half of 2012. According to a company spokesman …
Casino developer Penn National to buy Beulah ParkColumbus Dispatch
Penn National makes deal to buy BeulahDaily Racing Form (registration)
Penn Gaming Has Agreement to Buy Beulah ParkBloodHorse
Cincinnati Business Courier

Billionaires Carl Icahn and Donald Trump are competing for control of Trump Entertainment and its three Atlantic City casinos, with Trump trying to bring the company out of bankruptcy.

Indiana, Colorado casino owner Centaur files for bankruptcy protection; casinos remain open Bankruptcy – Casino – Gambling – United States – Games

The company that owns Indiana’s Hoosier Park casino and horse track is putting its Colorado casino up for sale as it works to revamp its payments on at least $574 million in debt under its filing for Chapter 11 bankruptcy protection. Centaur LLC said normal… Chapter 11 Title 11 United States Code – Casino – Hoosier Park – Indiana – United States

WANE
Ind., Colo. casino owner files bankruptcy
The Associated Press
ANDERSON, Ind. ‘

The Star-Ledger – NJ.com
PRESS RELEASE: Carl C. Icahn Announces Tropicana Entertainment Inc …
Wall Street Journal
“We are very excited to be reunited with the Tropicana Atlantic City Casino & Resort. It is a magnificent property and I commend the management and …
Tropicana Entertainment emerges from bankruptcyMarketWatch
Atlantic City’s Tropicana casino about to belong to IcahnPress of Atlantic City
Icahn Looking to Trump TrumpHotel Interactive, Inc.
Philadelphia Inquirer

The company that owns Indiana’s Hoosier Park casino and horse track is putting its Colorado casino up for sale as it works to revamp its payments on at least $574 million in debt under its filing for Chapter 11 bankruptcy protection.