Hit and Run: Taj Mahal Officially Closed; How Mitch Garber Saved Caesars; 4 States That Could Pass a DFS Bill

Steve Ruddock : October 10th, 2016


The Trump Taj Mahal is officially donkdown. The UK government considers banning all television gambling ads. Mitch Garber saved Caesars Entertainment. And more.

Trump Taj Mahal is closing on Monday

As we mentioned yesterday, Trump Taj Mahal closed today. A lot of columns were written reflecting on the casino and its place in gaming lore.

Here are a few of my favorites:

There was also the view from the casinos former workers: Workers Protest Trump Taj Mahal Closing.

And if you’re interested in the Donald Trump reaction: Donald Trump: ‘No Reason’ for Taj Mahal Casino Shutdown.

It’s unclear what will become of the property at this time.

Quick Hitters

- With over $20 billion of debt, Caesars Entertainment is struggling to get out of the throes of bankruptcy. But after a $4.4 billion sale of its social casino Playtika (which it bought for about $100 million a few years back) the company can now see the light at the end of the tunnel, and Caesar Interactive CEO Mitch Garber is getting a lot if the credit.

- The UK is going to take another look at gambling advertisements that could result on a blanket ban on all advertisements per the SBC News.  According to the report, conservatives in the government want to “clampdown gambling on TV advertising, expressing concerns about ‘normalising’ teenagers to gambling products and services.”

- Legal Sports Report’s Dustin Gouker takes a look at the states that could still pass daily fantasy sports legislation before the calendar flips to 2017. Gouker identified four states, Pennsylvania, Ohio, Michigan, and New Jersey as the potential candidates.

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