NagaCorp and Grand Korea Leisure dropping out of Korean resort license bidding D. Graham Latest Casino and Gambling News November 13, 2015 0Both South Korea’s state-run casino operator Grand Korea Leisure (GKL) and Hong Kong-listed NagaCorp have announced that they have abandoned...
Daily fantasy sports payment processors pressure operators to shut down New York state action D. Graham Latest Casino and Gambling News November 12, 2015 0Daily fantasy sports (DFS) operators rarely handle the banking aspects of player deposits and withdrawals in-house. Instead, DFS businesses contract...
Caesars upbeat; cites Cherokee Valley River and new social environments for millennials Lars Jones Casino News November 12, 2015 1Caesars Entertainment Corp. took more than a three-quarter billion dollar hit on their third quarter financials due to costs associated...
Senator Bridget McKenzie wants share of Aussie gambling tax Kim M Latest Casino and Gambling News November 12, 2015 0With the federal government struggling with a massive overspending problem, a tax windfall has been proposed on Australian gambling companies...
Professional sports leagues’ involvement with daily fantasy sports called out for federal review D. Graham Latest Casino and Gambling News November 12, 2015 0After clarifying the distinction between daily fantasy sports (DFS) and the more traditional, season-long fantasy sports leagues, New York Attorney...
Harbinger Capital invests another $50 million into Vietnam’s Ho Tram Strip Renee Kingsley Casino News November 12, 2015 0Vietnam’s casino industry has blossomed over the last couple of years as the government continues to encourage foreign investment in...
Icahn puts Fontainebleau Las Vegas up for sale after eyesore ordered covered Kim M Latest Casino and Gambling News November 12, 2015 0Instead of masking the unfinished Fontainebleau Las Vegas that was purchased out of bankruptcy for $150 million in 2010, the...
Emails unveiled by prosecutors in bank hacker case Sadonna Price Latest Casino and Gambling News November 11, 2015 0A ‘sprawling criminal enterprise’, that is what federal prosecutors are calling a scheme that spanned around the world, with three...
World Series of Poker Champion crowned Kim M Latest Casino and Gambling News November 11, 2015 1Joe McKeehen, a 24-year old professional poker player from Pennsylvania never relinquished his lead throughout the entire three-day World Series...
James Packer bumps ownership in Crown Resorts to 53.1 percent Lars Jones Australia November 11, 2015 0After a peak price of $18 per share in January 2014, James Packer scooped up 18 million shares in his...
Jeju Sun Casino operations suspended one month Lars Jones Latest Casino and Gambling News November 11, 2015 0Bloomberry’s Jeju Sun Hotel and Casino has been ordered to suspend gaming operations at its South Korean operations for one month beginning...
Former Showboat Casino’s uses weighed by Blatstein Kim M Latest Casino and Gambling News November 11, 2015 0Re-opening the former Showboat in Atlantic City as a casino is apparently not out of the question, according to new...
Melco Crown Entertainment CEO Lawrence Ho says Macau VIP market will never be the same again Renee Kingsley China November 11, 2015 0Melco Crown Entertainment recently opened its $3.2 billion Studio City casino resort in Macau and was forced to make a...
FBI & AGA partner for online sports betting hotline Kim M Latest Casino and Gambling News November 11, 2015 0The Federal Bureau of Investigation (FBI) and the American Gaming Association (AGA) have announced the agencies will join forces to...
Alabama Supreme Court blocks order to return VictoryLand machines Lars Jones Gaming Law & Legislation November 10, 2015 0A struggle over constitutional powers may ensue in Alabama as various government entities sort out the legality of bingo and...