Partner in Macau Ponte 16 posts small loss for first half of 2015 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau August 31, 2015 0Success Universe Group reported loss of HK$1.9 million ($245,161) for the first half of 2015 in comparison with the same...
Illinois budget crisis hits lottery winners Lars Jones Economy/FinanceLotteryIllinois August 31, 2015 0The state of Illinois is in the midst of a financial crisis and the government has been operating without a budget...
Charges of theft, money laundering in casino scheme filed against New Mexico Secretary of State Dianna Duran Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsMoney LaunderingConspiracyFines, Lawsuits & LitigationFinancial FraudNew Mexico August 30, 2015 0On Friday, Republican Secretary of State Dianna Duran was charged with embezzlement, fraud, money laundering and campaign finance violations by...
Wynn permit approved by Massachusetts environmental agency Kim M Latest Casino and Gambling NewsCasino proposalsCasino NewsGaming Industry NewsCasino project updatesLicensesMassachusetts August 29, 2015 0Late Friday Wynn Resorts won a key environmental approval for its $1.7 billion Wynn Everett casino project bringing it one...
Off-shore casinos in Goa can maintain locations several more months Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsIndiaPokerLicenses August 29, 2015 0The off-shore casino industry can breathe a sigh of relief as the relocation deadline for casino operators on the Mandovi...
South Korea narrows down casino license race to just nine sites TJ Gill Casino NewsCasino project updatesLicensesSouth Korea August 29, 2015 0It’s been quite the showdown in South Korea over the final bidding process over the last two casino licenses the...
Baha Mar files reorganization plan in Delaware bankruptcy court Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsNew HotelsCasino project updatesBahamasCaribbean Casino NewsLabor RelationsBankruptcyFines, Lawsuits & Litigation August 28, 2015 0Baha Mar mega resort developer, Baha Mar Ltd, run by Sarkis Izmirlian, announced yesterday that a Chapter 11 Plan of...
New Jersey trade unions call for boycott of Icahn casinos in Atlantic City Renee Kingsley Gaming Industry NewsLabor RelationsBankruptcyNew Jersey August 28, 2015 0Billionaire Carl Icahn has a successful track record of taking bankrupt casinos and turning them around. Icahn decided to take...
Nevada Gaming Control Board legal analysis of Daily Fantasy Sports ongoing Kim M Latest Casino and Gambling NewsGaming Law & LegislationGaming Industry NewsOnline Gambling NewsSports bettingFantasy SportsLicensingNevada August 27, 2015 0This fall, Nevada, which is the king of gaming scrutiny, could lead the way to the regulation of daily fantasy...
Macau diversification, Silk Road Project highlights of upcoming Macao Tourism and Culture Summit Lars Jones Latest Casino and Gambling NewsConferences / Trade ShowsMacau August 27, 2015 0In an unprecedented move the Chinese government will directly address their vision of the Silk Road Project, officially known as...
Mashpee Wampanoag’s First Light Casino in Massachusetts; Decision less than a month away: Updated Kim M Latest Casino and Gambling NewsGaming Law & LegislationTribal GamingCasino proposalsCasino NewsNorth America Casino NewsCasino openingsCasino project updatesLicensesMassachusetts August 27, 2015 0In an earlier version of this story we noted that a decision regarding the Mashpee Wampanoag Indian tribe’s $500 million...
NMi accredited by PAGCOR Alex Lanter Latest Casino and Gambling NewsWorld Casino NewsLicensesAsian Casino NewsLicensingPhilippines August 27, 2015 0NMi announced on its website on August 25, 2015 that it was given accreditation by the Philippine Amusement and Gaming...
Macau’s crackdown on underground banking activities will hit struggling casino industry Renee Kingsley ChinaGaming Industry NewsMoney LaunderingEconomy/FinanceAsian Casino NewsMacauTax EvasionCrimeFinancial Fraud August 27, 2015 0The anti-corruption crackdown launched by Beijing targeting corrupt officials and VIP gamblers in Macau has been successful due to the...
Lawmakers in Vietnam seek gambling decriminalization Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationVietnam August 27, 2015 0Almost seventy years after gambling was deemed a criminal activity in Vietnam, lawmakers are considering legalizing the activity. On Tuesday,...
Merger of Paddy Power and Betfair to create industry giant Kim M Latest Casino and Gambling NewsGaming Industry NewsEuropean Casino NewsOnline Gambling NewsSports bettingMergers, Acquisitions & PartnershipsUnited Kingdom August 26, 2015 0A merger agreement between Ireland’s largest bookmaker, Paddy Power and Betfair, one of the United Kingdom‘s largest online gaming operators,...