Spending cuts—but not bankruptcy—eyed for Atlantic City Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersLabor RelationsNew Jersey January 17, 2016 0Bob McDevitt is the President of the Local 54 of Unite-HERE, a union heavily involved in the Atlantic City casino...
Macau junket association and government officials finally hold meeting to discuss gaming regulations in 2016 Renee Kingsley Gaming Law & LegislationChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau January 15, 2016 0Macau’s junket operators have not been given a lot of attention by the media during 2014 and 2015, as the...
Atlantic City following Detroit into fiscal demise? State could take over city Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsEconomy/FinanceBankruptcyNew Jersey January 15, 2016 0It has been close to five years that efforts to right the listing boat of Atlantic City have gone without...
Cambodia’s gaming tax revenues increase by 35 percent in 2015 Renee Kingsley Gaming Law & LegislationCambodiaChinaEconomy/FinanceLicensesAsian Casino NewsTaxation January 15, 2016 0Cambodia’s government went out of its way to welcome gambling providers into the country during the past few years and...
Atlantic City casino revenue down 47% since 2006, NJ online up 21% in 2015 Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceLicensed online casinos in USANew Jersey January 14, 2016 0Although most of the surviving casinos in Atlantic City, New Jersey are on the mend and posting profits, the long...
Puerto Rican government still embroiled in video lottery terminal battle Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinanceFines, Lawsuits & LitigationPuerto Rico January 14, 2016 0The Puerto Rican Association of Hotels and Tourism filed a case against the Department of Treasury in July last year,...
Bernstein reports that mass GGR contributed around 52% of Macau’s December GRR Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinanceAsian Casino NewsMacau January 13, 2016 0Hong Kong based brokerage Sanford C. Bernstein published a note claiming that approximately 52% of Macau’s December casino gross gaming...
Argosy Alton casino forced to close during flooding; sees decrease in revenues Sadonna Price Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMissouri January 13, 2016 0Many businesses were affected by the rising flood waters of December, including casinos. The Argosy Alton casino of Missouri was...
Saratoga Casino & Raceway secures financing to bolster $39.3 million expansion Sadonna Price Latest Casino and Gambling NewsHorse RacingCasino expansion projectsNew HotelsEconomy/FinanceNew York January 13, 2016 0The Saratoga Casino and Raceway of New York is planning an expansion that has a price tag of $39.3 million....
Northwest Indiana casinos continue to stay even with gaming revenues Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceIndiana January 11, 2016 0The casinos located in the northwest portion of Indiana continued to do well in 2015, closing out the year with...
Non-gaming amenities keep Nevada casinos revenue more stable Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNevada January 10, 2016 0The past few years have been hard on the state of Nevada in regards to the casino industry. Having been...
Is future technology industry advantageous for Nevada’s gaming industry? D. Graham Latest Casino and Gambling NewsLas VegasWorld Casino NewsGaming Industry NewsTechnologyEconomy/FinanceNevada January 8, 2016 0While major Nevada casino stakeholders have been heavily investing in the emerging Asian gambling markets, one Chinese entrepreneur is betting...
High stakes north Jersey casino proposals, more set for action next week Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsEconomy/FinanceLicensesNew Jersey January 8, 2016 0Two competing proposals to allow voters to decide whether or not to expand casino gambling beyond Atlantic City, New Jersey...
Judge refuses to toss Seminole Tribe lawsuit, poll finds wide support for compact Lars Jones Latest Casino and Gambling NewsTribal GamingCasino NewsEconomy/FinanceFloridaFines, Lawsuits & Litigation January 8, 2016 0The Seminole Tribe of Florida found a friend in court Wednesday when a federal judge rejected the State of Florida’s...
Bwin and GVC set takeover date for February 1, stock release Feb 2 Lars Jones Latest Casino and Gambling NewsCasino NewsMobile gamingEconomy/FinanceOnline Gambling NewsSports bettingMergers, Acquisitions & Partnerships January 6, 2016 0GVC Holdings will take over bwin.party in a £1.1 billion (about $1.61 billion) to be completed on February 1, 2016. In...