Licenses

Peninsula Pacific Entertainment ordered to sell Louisiana casino license

Adam Morgan
Casino Sales, Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Louisiana
The gaming regulator for the southern American state of Louisiana has reportedly ordered Peninsula Pacific Entertainment to sell off its dormant land-based casino license within 60 days or risk having the certi...

Virginia legislators block Petersburg casino resort referendum proposal

Adam Morgan
Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Taxation, Mergers, Acquisitions & Partnerships
In the southern American state of Virginia and legislators reportedly killed off a measure yesterday that would have allowed the city of Petersburg to hold a referendum on whether to host a Las Vegas-style casi...

Caesars Entertainment Incorporated to hold minority Japanese stake

Adam Morgan
Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships
In Japan and the government for Wakayama Prefecture has reportedly been told that Caesars Entertainment Incorporated is planning to hold only a 5% stake in the jurisdiction’s envisioned integrated casino resort...

New South Wales regulator chasing Melco Resorts and Entertainment Limited

Adam Morgan
Australia, Latest Casino and Gambling News, Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation
In Australia and the gaming regulator for the state of New South Wales has reportedly launched legal proceedings against Asian casino operator Melco Resorts and Entertainment Limited in an attempt to recover ap...

Sands China Limited cancels Macau deals with ‘three primary’ junkets

Adam Morgan
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Money Laundering, Licenses, Macau, Mergers, Acquisitions & Partnerships, Crime
American casino operator Las Vegas Sands Corporation has reportedly announced that its Sands China Limited subordinate terminated cooperation agreements in December with a club of ‘three primary’ Macau junket e...

Macau casino market records discouraging January gross gaming revenues

Adam Morgan
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation
The 41 casinos in Macau reportedly experienced a disappointing start to 2022 after seeing their aggregated gross gaming revenues for January plummet by a surprising 20.9% year-on-year to a little over $790.21 m...

Tak Chun Group boss arrested on criminal gang charges in Macau

Adam Morgan
Casino News, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Unlicensed Operation, Licenses, Macau, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation
The man behind Asian junket giant Tak Chun Group, Levo Chan Weng Lin (pictured), was reportedly arrested by Macau police on Friday over allegations that he also holds a senior position within a local triad crim...