NYSGC approves full casino for Tioga Downs Kim M Latest Casino and Gambling NewsCasino expansion projectsCasino project updatesLicensesNew York August 31, 2016 0After a selection and investigation process that lasted more than two years, on Tuesday, August 30 the New York State...
Caesars Entertainment Corp gets reprieve till October 5 from bonds amounting to $11 billion Renee Kingsley Latest Casino and Gambling NewsBankruptcyFines, Lawsuits & Litigation August 31, 2016 0Caesars Entertainment Corp has succeeded in getting a temporary reprieve till October 5 from multiple lawsuits that amount to over...
Commission finds five PAGCOR officials liable for lease of non-existent property Kim M Latest Casino and Gambling NewsFines, Lawsuits & LitigationPhilippines August 30, 2016 0Cristino L. Naguiat Jr., former chief executive of Philippine Amusement and Gaming Corporation (PAGCOR), along with five PAGCOR officers, have...
Genting posts strong second quarter results due to UK gaming and Malaysia operations Renee Kingsley Latest Casino and Gambling NewsMalaysiaFinancial Press ReleasesSingapore August 30, 2016 0Genting Malaysia, the entertainment conglomerate recently announced that it has had a strong second quarter and its net profit rose...
Frog Lake First Nation proposes gaming development of its own in Alberta Kim M Latest Casino and Gambling NewsTribal GamingAlbertaCasino project updatesSaskatchewanMergers, Acquisitions & Partnerships August 30, 2016 0Plans for casino developments by First Nations on both the Alberta and Saskatchewan side of Lloydminster are moving forward. On...
Carl Icahn rejects UNITE HERE Local 54 proposal to pay $1.3 million to call off Trump Taj Mahal casino strike Renee Kingsley Latest Casino and Gambling NewsEmployment & CareersLabor RelationsNew Jersey August 29, 2016 3Billionaire and owner of the Trump Taj Mahal casino, Carl Icahn had announced earlier this month that he intended to...
Macau Jockey Club losses potentially unlawful; Plans for profitability Martin Chua Latest Casino and Gambling NewsHorse RacingEconomy/FinanceMacauFines, Lawsuits & Litigation August 29, 2016 0The Macau Jockey Club (MJC) registered a loss of MOP88 million (US$11 million) for the last fiscal year, continuing to eat...
Assemblyman Ralph Caputo wants New Jersey voters to back North Jersey casino referendum Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsNew Jersey August 29, 2016 2The referendum to move casinos out of Atlantic City goes to vote on November 8th and both opponents and proponents...
James Packer gives up Crown Resorts shares to settle sibling debt Sadonna Price Latest Casino and Gambling NewsAustraliaEconomy/Finance August 29, 2016 0After reaching a settlement with his sister Gretel, James Packer has decided to pay the debt owned via the agreement...
Gambling operators in Florida receive support from Judge over ‘designated player’ card games Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationTribal GamingFloridaFines, Lawsuits & Litigation August 29, 2016 0Designated player card games or banked card games which were introduced in 2012 have grown extremely popular in Florida but...
Kenya set to pass new bill that will impose higher taxes on the gaming industry Renee Kingsley KenyaLatest Casino and Gambling NewsGaming Law & LegislationAfrican Casino NewsTaxation August 29, 2016 0Lawmakers in Kenya first introduced the Betting, Lotteries and Gaming Bill into the National Assembly in June 2015 as the...
PAGCOR casinos to be sold by government Kim M Latest Casino and Gambling NewsLicensesMergers, Acquisitions & PartnershipsPhilippines August 29, 2016 0In order to raise money to support the P3.4-trillion national budget for 2017, Philippine Amusement and Gaming Corp.’s (PAGCOR) casinos...
Mactan Leisure City to break ground in Philippines January 2017 Lars Jones Latest Casino and Gambling NewsCasino proposalsEconomy/FinancePhilippines August 27, 2016 0Mactan Leisure City, to be located in Lapu-Lapu City, just off Cebu, is scheduled to break ground in January, according...
Uber’s foray into China cost investors $2 billion in 2 years, $1.27b first half 2016 alone Martin Chua Latest Casino and Gambling NewsChinaEconomy/FinanceMacauMergers, Acquisitions & Partnerships August 27, 2016 0Uber investors saw at least $2 billion wiped off their balance sheet over the last two years from their so-far...
Computer glitch causes trapped payouts at MotorCity Casino Sadonna Price Latest Casino and Gambling NewsTechnologyMichigan August 27, 2016 0Gamblers visiting the MotorCity Casino in Detroit, Michigan had to wait several hours after earning wins at the venue due...