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Cambodian casino tax revenue rises
An agreement between NagaCorp Ltd (3918:Hong Kong) flagship NagaWorld and the Cambodian government has contributed greatly to the $48 million collected from the casino industry in 2016; a 40 percent increase fr...
Hollywood Casino Hotel gets $7.3 million facelift
The Sunset Tower hotel rooms at Hollywood Casino St. Louis will soon have a fresh new look as it is currently undergoing a $7.3 million renovation, which is expected to be completed by the end of June, accordin...
Ministry of Finance scraps 633 slots in Dominican Republic
As part of an ongoing campaign against illegal gambling in the Dominium Republic, upwards of 8,000 pieces of gaming equipment used in unauthorized gambling operations have been destroyed by the country's Minist...
Okada Manila parent raising funds on sale of treasury shares
Latest Casino and Gambling News, Casino project updates, Economy/Finance, Financial Press Releases, Philippines
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Okada Manila casino resort will be the recipient of money raised from two exercises for disposal of treasury shares, according to an announcement by Universal Entertainment Corp (6425:Tokyo) on Thursday.
In ...
Special projects director at Silver Heritage Group resigns
In a filing to the Australian Securities Exchange (ASX) on Friday, Silver Heritage Group Ltd, which operates and manages casinos and gaming assets in Vietnam, Nepal, Cambodia, and Laos, accepted the resignation...
Germany passes match fixing law
A law against match fixing and betting fraud was passed late Thursday by Germany’s lower house of Parliament, Bundestag, according to German news agency Deutsche Welle.
The new law makes it illegal to conspi...
Committee approves iGaming bill in Michigan following push in Pennsylvania
Just one day after a legislative hearing regarding the legalization of online gambling in Pennsylvania was held, a bill that would also legalize iGaming in the state of Michigan was approved by the Senate Regul...
Station Casinos prepares for upgrades and new slots at the Palms
An executive for Summerlin-based Stations Casinos LLC reportedly told the Gaming Control Board on Wednesday that the company has begun or is in the planning stage of renovating a buffet and cafe and adding 280 ...
Cagayan de Oro casino proposal ignites interest
Plans for a proposed casino in the city of Cagayan de Oro in the Philippines are sparking interests beyond those of Limketkai and Sons Inc., said City Councilor Zaldy Ocon on Monday.
Local news agency SunSta...
Judge rules Florida’s lottery contract “void and unenforceable”
A recently inked multi-year contract for ticket vending machines has been declared void by a Leon County Circuit Court judge who ruled that the Florida Lottery failed to secure legislative approval prior to the...
Maryland casinos score big in February; Maryland Live! back on top
Maryland’s six casinos brought in big money for the state last month as revenue totaled $128.7 million compared to February 2016 when revenue was recorded at $93.2 million, an increase of 38 percent.
The fig...
Casino owner among four Chinese Nationals accused of kidnapping gambling debtors
Having allegedly kidnapped, illegally detained, and withheld the passports of three men, four Chinese nationals including a Poipet City casino owner were recently arrested by the Phnom Penh municipal military p...
Utah businesses get served with over 100 warrants in illegal gambling investigation
Utah Attorney General Sean Reyes' office began serving upwards of 150 warrants to Utah businesses on Wednesday as part of an investigation into illegal gambling.
Chief investigator for the State Attorney Gen...
Swiss Parliament votes to block unlicensed online gambling websites; Local operators to benefit from new gaming legislation
New legislation to regulate online and offline gambling was adopted by the Swiss Parliament that will limit the activity to a set number of operators based in Switzerland only, according to SWI swissinfo.ch.
...
Bitcoin value surpasses gold; self-proclaimed creator and gambling tycoon race to patent technology
Cryptocurrency and a payment system, Bitcoin, has for the first time surpassed the value of an ounce of gold, according to a BBC News report.
On Thursday, Bitcoin closed at $1,268, while a gold ounce stood a...