Indepth / Featured Articles | World Casino News

Death toll rises at Resorts World Manila in the Philippines

June 2, 2017

Latest Casino and Gambling News, World Casino News, Asian Casino News, Indepth / Featured Articles, Crime, Philippines

CNN reports that a total of 37 people have been killed at the Resorts World Casino and Hotel in the Philippines after a lone gunman forced his way into the casino around midnight local time (Thursday ET), shoot...

Casino tax rate in New Jersey lower than regional competition

K Morrison

May 9, 2017

Latest Casino and Gambling News, Economy/Finance, Taxation, Indepth / Featured Articles, New Jersey

In 2015, New Jersey’s casinos paid $237.09 million in gaming tax revenue, substantially less than what casinos in other states pay. The state’s gross casino gaming revenue was $2.563 billion in 2015. New Jer...

Sheldon Adelson is world’s richest gambling industry billionare

Renee Kingsley

March 26, 2017

Latest Casino and Gambling News, U.S.A., Online gambling regulation, Gaming Industry News, Casino moguls, The Players Lounge, Macau, Nevada

Sheldon Adelson, owner of the Las Vegas Sands Corp. gambling company, has been named the world's richest gambling billionaire, according to Forbes Magazine. With his $30.4 billion fortune, Adelson is the 20th w...

Don’t expect new signage at Sands Bethlehem Casino any time soon

Lars Jones

March 21, 2017

Casino Sales, Latest Casino and Gambling News, Licenses, Indepth / Featured Articles, Mergers, Acquisitions & Partnerships, Pennsylvania

While there have been public "non-confirmation" confirmations that a sale of Las Vegas Sands Corp's Sands Bethlehem Casino to MGM Resorts International is imminent, experts caution that such a transaction will ...

Bitcoin value surpasses gold; self-proclaimed creator and gambling tycoon race to patent technology

K Morrison

March 4, 2017

Latest Casino and Gambling News, Technology, Indepth / Featured Articles, Mergers, Acquisitions & Partnerships

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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...

SM Group takes control of City of Dreams Manila parent company

Renee Kingsley

February 23, 2017

Casino News, World Casino News, Casinos of the Philippines, Mergers, Acquisitions & Partnerships, Philippines

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The Philippines publicly listed company, Premium Leisure Corp, which owns half of the casino arm of the City of Dreams Manila resort, has been taken over by the Manila-based SM Investments Corporation holding c...

Chinese high rollers make a comeback in Macau

Renee Kingsley

February 20, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, Money Laundering, Economy/Finance, Macau

Reports coming out of Macau show that high rollers seem to have bounced back from a crackdown introduced by Chinese President Xi Jinping in his desire to combat anti-corruption and money-laundering. Three of t...

Exclusive interview: Podiumspot to officially unveil Crusino project April 3; World’s largest casino cruise ship

Lars Jones

January 29, 2017

Latest Casino and Gambling News, Casino proposals, Casino Cruise Ships, World Casino News, Casino openings, Gaming Industry News, Casino project updates, Casino moguls, Macau, Malaysia

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On April 3, 2017, Kuala Lumpur-based Podiumspot Capital Group's CEO, Mr. Tim Leonard will reveal some of the unique features that will set the world's largest casino cruise ship, Crusino, apart from any other. ...

Sheldon Adelson dismisses libel lawsuit against newspaper reporter

Adam Morgan

January 13, 2017

Latest Casino and Gambling News, Casino News, Hong Kong, Casino moguls, Fines, Lawsuits & Litigation

Billionaire casino magnate Sheldon Adelson has reportedly settled a libel lawsuit he had brought against a reporter from The Wall Street Journal newspaper regarding a 2012 article in which he was described as “...

Illinois lawmakers seek investigation into lottery practices; Grand Prizes not awarded

Lars Jones

December 18, 2016

Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Game manufacturers, Lottery, The Players Lounge, Indepth / Featured Articles, Illinois

Democratic and Republican senators and legislators have called for an investigation into how the Illinois Lottery worked in regard to major prizes not being awarded for instant win games after a Chicago Tribune...

In depth: New York casino tax breaks draw criticism

Adam Morgan

November 28, 2016

Latest Casino and Gambling News, Economy/Finance, Taxation, Indepth / Featured Articles, New York

In New York, four new casino resorts are set to begin operations from as early as next week amid criticism that previously agreed arrangements with local governments will see a trio of the properties benefiting...

Bloomberry Resorts Corp plans to develop its second casino in Quezon City

Renee Kingsley

September 19, 2016

Latest Casino and Gambling News, Casino proposals, Casino moguls, Philippines

Bloomberry Resorts Corp which operates the Solaire Resort and Casino in Manila Bay has reported that its casino is currently at full capacity thanks to an influx of Chinese gamblers during the last few months. ...

Arizona state’s attorney deliberately destroys records of meetings with rival tribes

Lars Jones

September 15, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Unsavory reports, Arizona, Fines, Lawsuits & Litigation

Arizona Assistant State Attorney General Roger Banan has testified under oath that he deliberately destroyed notes resulting from meetings related to the Tohono O’odham casino in Glendale. Under the direction o...

Sands Chairman Sheldon Adelson cleared of Foreign-Money Allegations by FEC

Renee Kingsley

July 23, 2016

Latest Casino and Gambling News, Las Vegas, China, Casino moguls, Money Laundering, Macau, Racketeering, Bribery, Nevada

Las Vegas Sands Chairman and billionaire has been cleared of all foreign-money allegation charges by the Federal Election Commission (FEC) after their investigations found that there was ‘no reason to believe’ ...

Saipan the next gambling hotspot? Exclusive interview with Mark Brown of BSI

Lars Jones

July 5, 2016

Latest Casino and Gambling News, U.S.A., New Hotels, Casino project updates, Casino moguls, Macau, Northern Mariana Islands, Saipan

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Having opened the world's largest casino at 10,500,000-square-feet (980,000 m2) with the Venetian Macao in 2007, Mark Brown is no stranger to thinking big and executing seemingly fantastic and unbelievable plan...