Economy/Finance

Latest Casino and Gambling News Casino openings Economy/Finance Massachusetts

July 4, 2015 0

In the first week of operations, the first of four casinos planned for Massachusetts raked in over six million dollars of gambling...

Macau executive council introduces new tobacco control bill

Gaming Law & Legislation Gaming Industry News Economy/Finance Asian Casino News Macau Taxation

July 1, 2015 0

Macau was once a gambling haven as casinos provided gamblers with VIP treatment in order to attract them and keep...

Casino stocks increase after Macau announces new visa rules

Gaming Law & Legislation China Gaming Industry News Money Laundering Economy/Finance Asian Casino News Macau Crime Racketeering Financial Fraud

July 1, 2015 0

Macau, the biggest gambling hub in the world, is located just an hour away by ferry from Mainland China. Some...

Bank of New York Mellon attempts to intervene in former Revel casino dispute

Gaming Law & Legislation U.S.A.Casino News Gaming Industry News Economy/Finance Licenses Florida Labor Relations Fines, Lawsuits & Litigation New Jersey

June 30, 2015 0

The dispute between the new owners of the former Revel casino and the ACR Energy Partners continues to go on...

Crackdown on junket operators causes Macau hotel prices to plummet

Latest Casino and Gambling News Casino openings Economy/Finance Macau

June 29, 2015 1

Hotel rooms are in excess in Macau due to the Chinese government crackdown on Junkets. About 80 to 90 percent...

Pittsburgh Mayor threatens to sue for $11.4 million casino cash overdue

Latest Casino and Gambling News Economy/Finance Taxation Fines, Lawsuits & Litigation Pennsylvania

June 29, 2015 0

On June 26th 2015, the mayor of Pittsburgh, Bill Peduto has threatened to take legal action against an authority that...

Deed restriction to idle Trump Plaza for a decade

Latest Casino and Gambling News Casino closures Economy/Finance Taxation New Jersey

June 29, 2015 0

On June 28th 2015, it was reported that as a tax saving measure, the former owners of Trump Plaza in...

Macau Jockey Club under fire from members

Latest Casino and Gambling News Horse Racing Economy/Finance Licenses Macau

June 29, 2015 0

On June 28th 2015, it was reported that a group of members have accused the Macau Jockey Club bosses of mismanagement,...

Monday last day of Hong Kong trading for Melco Crown

Latest Casino and Gambling News Hong Kong Economy/Finance Macau Philippines

June 28, 2015 0

In early January Melco Crown Entertainment Limited announced they would be de-listing their shares from the Hong Kong stock exchange...

Cyprus casino vote Thursday; easy passage predicted

Latest Casino and Gambling News Gaming Law & Legislation Casino proposals Cyprus Economy/Finance

June 27, 2015 0

The government of Cyprus is reportedly satisfied with all amendments and changes that have occurred with the country’s casino authorization bill...

Chris Christie to review new bill package for struggling Atlantic City

Sadonna Price

Latest Casino and Gambling News Gaming Law & Legislation Economy/Finance New Jersey

June 26, 2015 0

The state Senate of New Jersey has sent a new package of legislation to Governor Chris Christie for approval that...

Macau casino revenues continue to decline

Latest Casino and Gambling News China Economy/Finance Macau

June 24, 2015 0

On June 23rd 2015, it was reported that the losing streak of Macau is set to continue. The gambling revenue...

Galaxy Phase II dominates Macau’s gaming market

Casino News Gaming Industry News Economy/Finance Macau

June 22, 2015 0

Macau’s gambling industry has been in decline for the past 18 months and casinos have struggled to post profits. The...

Macau gaming revenue continues decline; government cuts spending