Casino Project Updates | World Casino News

American Racing & Entertainment closes on Tioga Downs Casino financing

October 24, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Economy/Finance, New York

American Racing & Entertainment, LLC has announced today that they have raised $90 million in new senior secured debt facilities to help complete a casino expansion for Tioga Downs Casino located in Nichols...

February soft launch for Nepal’s Tiger Palace Resort

Adam Morgan

October 24, 2016

Latest Casino and Gambling News, Casino project updates, India, Nepal

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After July saw it launch an initial public offering that raised approximately $18.8 million to help fund future projects, Asian casino operator Silver Heritage Group has now announced that its under-constructio...

Cowlitz Tribe announces the hiring of two executives for Washington casino

Kim M

October 24, 2016

Latest Casino and Gambling News, Tribal Gaming, Casino project updates, Washington

Scheduled to open in the spring of 2017, the $500 million Ilani Casino Resort being developed by the Cowlitz and Mohegan tribes near the town of La Center, Washington, recently announced two major hires. Acc...

Export-Import Bank of China affiliate new owner of Baha Mar

Lars Jones

October 23, 2016

Casino Sales, Latest Casino and Gambling News, Casino project updates, Bahamas, Mergers, Acquisitions & Partnerships

The beleaguered $3 billion-plus Baha Mar resort in the Bahamas has emerged from uncertainty by having its assets sold to an affiliate of the project’s primary lender, Export-Import Bank of China. The sale to th...

Arizona tribe on track to open temporary casino by January 2017

Kim M

October 16, 2016

Latest Casino and Gambling News, Tribal Gaming, Casino project updates, Arizona

3

The San Carlos Apache Nation hopes to open its Apache Sky Casino located near Dudleyville on a 170-acre site on the southern end of its reservation in Arizona by mid-January 2017 at the latest. While some of...

Tioga Downs receives new slot machines

Sadonna Price

October 13, 2016

Latest Casino and Gambling News, Casino expansion projects, Casino project updates, New York

After a process of more than two years involving investigation and selection, Tioga Downs was approved for a full-scale casino license by the New York State Gaming Commission back in August. The casino is expec...

Sarkis Izmirlian tells China EXIM Bank he can make a superior offer and open Baha Mar soonest

Lars Jones

October 12, 2016

Latest Casino and Gambling News, Casino proposals, Casino project updates, Bahamas, Economy/Finance, Bankruptcy, Fines, Lawsuits & Litigation

BMD Holdings Ltd., the former developer of $3.5 billion Baha Mar notified the Export Import Bank of China today that the company, headed up by Sarkis Izmirlian, is prepared to make an offer that is superior in ...

NagaCorp Limited “on schedule” in Russia after overcoming construction delay

Adam Morgan

October 12, 2016

Latest Casino and Gambling News, Casino project updates, Russia

After earlier reporting that construction on its Seaside Entertainment Resorts City in Russia’s Primorsky Krai region had been delayed due to workers unexpectedly unearthing some archaeological finds, Cambodian...

Debut of Jamul Indian Village casino met with large crowds and traffic

Kim M

October 12, 2016

Latest Casino and Gambling News, Tribal Gaming, Casino openings, Casino project updates, California, Fines, Lawsuits & Litigation

Hollywood Casino Jamul-San Diego opened to large crowds on Monday after having been planned by the Jamul Indian Village (JIV) since the 1990’s. Located just off State Route 94 about 20 miles east of downtown...

Okada Manila soft launch delay due to bad weather

Alex Lanter

October 10, 2016

Latest Casino and Gambling News, Casino project updates, Philippines

The 110 acres (44 hectar) casino and hotel resort in Entertainment City, Manila, the Okada Manila, will delay its November soft opening, according to local news reports. The $2.4 billion investment was supposed...

Hollywood Casino Jamul – San Diego celebrates grand opening today

Kim M

October 10, 2016

Latest Casino and Gambling News, Tribal Gaming, Casino openings, Casino project updates, California

After an exhaustive battle for economic independence which has spanned more than two decades, at 2pm today Jamul Indian Village (JIV) of California will open the doors of its $390 million Hollywood Casino Jamul...

Jamaican Prime Minister suggests Harmony Cove Resort Project should move forward

Sadonna Price

October 9, 2016

Latest Casino and Gambling News, Casino project updates, Jamaica

The Development Bank of Jamaica has heard from Prime Minster Andrew Holness recently, who stated that the project should continue as it will be a driver of economic growth in the region. The integrated casino r...

Islandia gaming venue set to open this December with construction starting soon

Sadonna Price

October 7, 2016

Latest Casino and Gambling News, Casino project updates, New York

Attorney Christopher F. Graham is representing Suffolk OTB, a group planning to operate a video lottery casino within the Islandia Marriott hotel. On Tuesday, Graham reported plans of the venue to a federal ban...

Ho family eyes Crimean gambling zone as possible investment?

Kim M

October 6, 2016

Latest Casino and Gambling News, Casino project updates, Russia

Stanley Ho-controlled SJM Holdings Limited (HKG:0880) and Summit Ascent Holdings Ltd (HKG:0102), controlled by son Lawrence, may be looking to add the Crimean gaming zone to their substantial investment portfol...

Casino giant Genting gets thumbs up from commission in pursuit of marina plan

Kim M

October 6, 2016

Latest Casino and Gambling News, Casino project updates, Florida

Malaysian conglomerate Genting Group acquired the Miami Herald’s bayfront campus (pictured) in 2011 for $236 million in its pursuit of plans for a 50-slip marina at the site. The casino plans are currently stym...

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American Racing & Entertainment closes on Tioga Downs Casino financing

February soft launch for Nepal’s Tiger Palace Resort

Cowlitz Tribe announces the hiring of two executives for Washington casino

Export-Import Bank of China affiliate new owner of Baha Mar

Arizona tribe on track to open temporary casino by January 2017

Tioga Downs receives new slot machines

Sarkis Izmirlian tells China EXIM Bank he can make a superior offer and open Baha Mar soonest

NagaCorp Limited “on schedule” in Russia after overcoming construction delay

Debut of Jamul Indian Village casino met with large crowds and traffic

Okada Manila soft launch delay due to bad weather

Hollywood Casino Jamul – San Diego celebrates grand opening today

Jamaican Prime Minister suggests Harmony Cove Resort Project should move forward

Islandia gaming venue set to open this December with construction starting soon

Ho family eyes Crimean gambling zone as possible investment?

Casino giant Genting gets thumbs up from commission in pursuit of marina plan

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