In first three months of 2016 Ohio casinos generate a hefty $71.2 million Kim M Latest Casino and Gambling NewsEconomy/FinanceOhio April 12, 2016 0The first three months of 2016 recorded the highest single quarter for Ohio’s four casinos since they opened in 2012;...
Casino revenue sharing bill moves forward after New York State Senate approval Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationTribal GamingNew York April 12, 2016 0On Tuesday, the State Senate of New York approved a casino revenue sharing bill that would see the Yellow Brick...
$975m – $1.2 billion MGM (RIET) IPO set for Friday; Terms announced Lars Jones Latest Casino and Gambling NewsNorth America Casino NewsEconomy/FinanceMergers, Acquisitions & Partnerships April 11, 2016 0MGM Growth Properties LLC MGM Resorts International’s (nyse:mgm) real estate investment trust (REIT), has announced the terms of its initial...
Jury selection expected to begin today in federal criminal trial involving Wynn Everett Casino land Sadonna Price Latest Casino and Gambling NewsFines, Lawsuits & LitigationMassachusetts April 11, 2016 0Today, jury selection is expected to take place in a wire fraud trial, where three men have been accused of trying...
Malaysian gambler tries to use Australian law for protection against debt in Singapore with Resorts World Sentosa Sadonna Price Latest Casino and Gambling NewsAustraliaFines, Lawsuits & LitigationSingapore April 11, 2016 0Lim Soo Kok is a Malaysian gambler who has reportedly tried to use his ties in Australia to get out...
Macau’s Legislative Assembly needs more time to submit final report on smoking ban vote Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationMacau April 11, 2016 0Macau’s casinos currently allow gamblers to smoke in VIP enclosures and mass market gamblers to use an airport style lounge...
2015/Q1 2016 U.S. online gambling legislation update Lars Jones Latest Casino and Gambling NewsU.S.A.Online gambling regulationTaxationUnited Kingdom April 10, 2016 0In 2015 seven states in the U.S. considered legalizing online gambling, none of the bills got off the floor. Currently online...
Indiana casino revenues slightly down in March Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceIndiana April 10, 2016 0After starting off strong in 2016, the casinos of Indiana have reported a slight drop in revenues from gaming when...
Rush Street Gaming faces fine of $1.65 million in Illinois Sadonna Price Latest Casino and Gambling NewsIllinoisFines, Lawsuits & LitigationMassachusetts April 10, 2016 0A Chicago company behind the Brockton resort casino proposal is now facing a $1.65 million fine in the state of...
Tribal/County conflict over Cowlitz Casino Resort construction heats up; Threats of arrest Lars Jones Latest Casino and Gambling NewsTribal GamingCasino project updatesFines, Lawsuits & LitigationWashington April 9, 2016 0The Cowlitz Tribe in Washington has struggled for over 150 years to reclaim parts of their homeland and practice self-determination. A...
Tax break will aid Finger Lakes in ‘competition’ with new del Lago Casino Kim M Latest Casino and Gambling NewsHorse RacingTaxationNew York April 9, 2016 0To compete with the $425 million del Lago Resort & Casino being built approximately a half hour away in Tyre,...
Expansion update offered by Gun Lake Tribe for Michigan casino Kim M Latest Casino and Gambling NewsGaming Law & LegislationTribal GamingCasino project updatesFines, Lawsuits & LitigationMichigan April 9, 2016 0More details are being provided by the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians regarding the expansion of its 5-year-old Gun Lake...
Sun International drops Peermont Group acquisition Lars Jones Latest Casino and Gambling NewsSouth AfricaEconomy/FinanceMergers, Acquisitions & Partnerships April 8, 2016 0Wednesday South Africa’s Sun International (JSE: SUI) announced that it planned to halt its R9.5 billion ($623 million) plan to take over rival Peermont...
Las Vegas Sands agrees to pay $9 million to end Macau bribery probe Lars Jones Latest Casino and Gambling NewsLas VegasMacauBriberyFines, Lawsuits & Litigation April 8, 2016 0Las Vegas Sands Corp (NYSE: LVS) agreed Thursday to pay $9 million in order to end a five year probe into...
Atlantic City casinos report a 40% higher gross operating profit in 2015 Alex Lanter Latest Casino and Gambling NewsCasino NewsEconomy/FinanceNew Jersey April 8, 2016 0Atlantic City had a pretty bad year in 2014 when four of its gaming properties closed their doors for customers....