Tourism improvement committee to be created for Southern Nevada Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNevada July 7, 2015 0Just yesterday, the governor of Nevada signed an executive order which will see a new committee formed to work on...
Borgata to earn $63 million due to overcharges in casino property taxes Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinanceTaxationNew Jersey July 7, 2015 0A state appeals panel of New Jersey recently found that Atlantic City had overcharged the Borgata casino of property taxes...
MGM Resorts International lobbying Georgia with billion dollar Atlanta casino in mind D. Graham Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsEconomy/FinanceTaxationGeorgia July 7, 2015 2The Atlanta Journal-Constitution reports that MGM Resorts International has recently hired five lobbyists to advocate on their behalf. This action...
Macau’s mass revenue in June is now the lowest revenue since 2012 Renee Kingsley Casino expansion projectsGaming Industry NewsEconomy/FinanceAsian Casino NewsMacau July 6, 2015 0Macau’s casino revenues continue to plummet with every passing month causing serious concern to casino’s and shareholders. Sterne Agee CRT...
Plainridge Park Casino rakes in over $6 million in revenue first week Lars Jones Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMassachusetts July 4, 2015 0In 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 Renee Kingsley Gaming Law & LegislationGaming Industry NewsEconomy/FinanceAsian Casino NewsMacauTaxation July 1, 2015 0Macau 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 Renee Kingsley Gaming Law & LegislationChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauCrimeRacketeeringFinancial Fraud July 1, 2015 0Macau, 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 Renee Kingsley Gaming Law & LegislationU.S.A.Casino NewsGaming Industry NewsEconomy/FinanceLicensesFloridaLabor RelationsFines, Lawsuits & LitigationNew Jersey June 30, 2015 0The 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 Sam Mitchell Latest Casino and Gambling NewsCasino openingsEconomy/FinanceMacau June 29, 2015 1Hotel 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 Sam Mitchell Latest Casino and Gambling NewsEconomy/FinanceTaxationFines, Lawsuits & LitigationPennsylvania June 29, 2015 0On 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 Sam Mitchell Latest Casino and Gambling NewsCasino closuresEconomy/FinanceTaxationNew Jersey June 29, 2015 0On 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 Sam Mitchell Latest Casino and Gambling NewsHorse RacingEconomy/FinanceLicensesMacau June 29, 2015 0On 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 Lars Jones Latest Casino and Gambling NewsHong KongEconomy/FinanceMacauPhilippines June 28, 2015 0In 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 Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsCyprusEconomy/Finance June 27, 2015 0The 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 NewsGaming Law & LegislationEconomy/FinanceNew Jersey June 26, 2015 0The state Senate of New Jersey has sent a new package of legislation to Governor Chris Christie for approval that...