Casino project updates

Novomatic Reports 55% Revenue and 230% Profit Increase in 2022

Novomatic AG, the Austria-headquartered  gaming equipment developer, and operator reported that the group generated gross revenue of EUR2.86 billion (US$3.14 billion) in the financial year 2022 which represents...

Osaka To Host Japan’s First Casino

Today, Japan’s national government officially approved a plan to construct the country’s first integrated casino-resort in the western city of Osaka, allowing the 1.8 trillion yen, which is approximately $13.5 ...

Choctaw Resort Development Enterprise To Build A $25 Million Project In Louisville

Yesterday, the Choctaw Resort Development Enterprise (CRDE), owned and operated by the Mississippi Band of Choctaw Indians, hosted a groundbreaking ceremony for a new travel plaza to be located on South Church ...

Bloomberry Develops Third Solaire Resort in Cavite in the Philippines

The casino operator Bloomberry Resorts Corp., owned by casino mogul Enrique Razon, announced the development of the third casino project upon the launch of its Solaire Resort North in Quezon City in the Philipp...

Government To Validate Plans For Osaka’s First Integrated Casino-Resort

As reported by the daily newspaper "The Japan Times," the government is projected to approve a plan by Osaka Prefecture and the city of Osaka to officially open Japan's first integrated casino-resort in 2029, g...
kewadin

Kewadin Casinos Gaming Authority to Pay a Settlement Because of Unbuilt Casinos

Casino projects in Lansing and Romulus are the point of disagreement between the Sault Ste. Marie Tribe of Chippewa Indians and their former development partners, JLLJ Development and Lansing Future Development...

Las Vegas Planning Commission Next Week Considers 60-Story “Harlem Nights” Resort Development

Shlomo Meiri, a self-described “crazy developer” based in Beverly Hills, California, has proposed the development of a 60-story resort for the Las Vegas Historic West Side. The gigantic development of the prope...

Tohono O’odham Nation Starts Construction On New Desert Diamond Casino

Tohono O'odham Gaming Enterprise, which is owned and operated by the federally recognized Tohono O’odham Nation, has officially begun construction on its fifth Desert Diamond Casino in Arizona. The $450 million...

Diamond Jacks Casino Being Resold Before Redevelopment Begins

On April 4, Foundation Gaming Group, the new Mississippi-based owners of the previous Diamond Jacks Casino in Bossier City, Louisiana, received approval from the Louisiana Gaming Commission to proceed with the ...

Kentucky Senate Passed the Long-Running Bill to Legalize Sports Betting

Associated Press reports today that the Kentucky Senate passed the bill to legalize sports betting in the Bluegrass State. The Senate voted 25-12 for the bill Thursday and sent it to be signed into law by Gov. ...

Summit Ascent Faces Contingencies and Records Growth at Tigre de Cristal Casino in Russia

Asian casino operator Summit Ascent Holdings announced a $200 million expansion of its Russian-integrated resort Tigre de Cristal earlier. Last year, the COVID-19 pandemic and the Russian invasion of Ukraine po...