The Las Vegas Club in Downtown Las Vegas will close up shop before midnight Wednesday and likely be reopened under a new name now that the D Las Vegas and Golden Gate Casino owners, Derek and Greg Stevens have agreed to purchase the aging casino building and land. Derek Stevens told local media that he will spend “a good few months” evaluating the property before deciding what to do with it. It was also reported that the brothers would likely keep the property closed while any remodeling or demolition work went on – unlike their conversion of the former Fitzgerald’s…

The Grosvenor Casino, located on Osborne Road in Southsea, is reportedly closing August 9, 2015. A post on Wednesday June 24, 2015 indicated  the Portsmouth casino may be shutting down. The news was confirmed on insidermedia Friday. When the casino closes 50 people will lose their jobs. These workers are encouraged to apply at other casinos the company owns, including the Gunwharf Quays location (pictured). A Rank Group  spokesman said: “We never take the decision to close a club lightly, but after careful consideration we have taken the decision to close our Osborne Road casino with effect from the 9th August. “We…

This week marks the final full week in the life of WPTPoker.com, whose impending closure was announced last week. The World Poker Tour-branded site is one of seven member rooms on partypoker’s network. The death of WPTPoker marks what can only be described as a failed opportunity. It would almost seem a given that an online poker room connected to one of the most recognizable and valuable brands in poker would succeed, but that simply was not the case. Rather than push the site to the forefront, owner bwin.party did almost nothing to promote it. ClubWPT.com, the World Poker Tour’s…

Carbon Poker sent emails out to affiliates on Friday with bad news.  The site decided to stop offering its affiliate program effective June 1.  There is a silver lining.  Action given by players referred to Carbon Poker before June 1 will continue to generate revenue share for their affiliates. This move comes amid the slowest payout times in the past year at Carbon Poker.  U.S. players report waiting 10-12 weeks for checks to arrive from Carbon Poker.  Skrill was recently dropped as an option for players outside the U.S. Players outside the U.S. had their pending Skrill requests recently reversed. …

Bloomberg – Caesars Entertainment Corp. (CZR), the largest operator of casinos in Atlantic City, New Jersey, is looking for ways to reduce capacity in the struggling market, including closing properties. “We are looking at all of our options to reduce the cost of doing business here,” Chief Executive Officer Gary Loveman said yesterday on a conference call after reporting a wider first-quarter loss. “All the businesses in A.C. are under tremendous pressure.” Caesars has been struggling to remain solvent amid a glut of casinos and weak consumer spending, following a 2008 leveraged buyout that left the company with about $23…

Casino News Authority – GTech’s International Poker Network has announced that it will be closing shop later this month, shutting itself down, except for in areas in which it works in nationally regulated markets. The network is set to cease operations on May 28th, and will impact the poker sites: PAF Diamond, Digibet, Paradise Poker, Poker Heaven, and Casino Club Poker. The group will continue to be active in Canada, Austria, Spain, and Sweden. Casino Listings will keep on this story, and update as more developments arise. SOURCE