Casino proposals

Chilean company exits $120 million Strip property deal

Chilean company CB Investments SpA was planning to develop a hotel-casino on the Strip near the Las Vegas Convention Center’s West Hall but has withdrawn from the $120 million deal due to allegedly high mortgag...

New York state imposes $500 million fee for city casino license

Once licensed to operate any of New York state's three casinos, the operators are required to pay the state at least a $500 million fee for the gambling license, under new rules authorized by the state's site c...

PointsBet discusses the sale of its Australian operations to News Corp’s vertical Betr

Australian online sportsbook operator, PointsBet, is in preliminary discussions to sell its Australian business to the new-founded wagering operator, Betr. A sale of the Australian business would free up the $4...

Fontainebleau Developers Acquire $2.2B Financing to complete Strip resort

On Friday, December 23, the founders of the long-postponed Fontainebleau Las Vegas project publicly announced that they have acquired a $2.2 billion construction loan to complete construction of the Fontaineble...

Pascua Yaqui plans to build new casino in Tucson

The Pascua Yaqui Tribe, a federally recognized Yaqui Tribe based in Arizona, has publicly announced its intention to build a new casino in Tucson, a city in Arizona, closer to the city center than any other loc...

Cordish Companies plans $1.4 billion casino resort in Petersburg, VA

The City Council of Petersburg, Virginia, unanimously selected the casino operator The Cordish Companies on Tuesday to develop a $1.4 billion casino resort in the southeastern corner of Petersburg. The proj...
chicago bally's

Chicago Plan Commission Approves Bally’s Chicago Casino Proposal

The plans for the Bally's casino in Chicago are already prepared. The one thing that everyone was waiting for was approval from the city's planning agency, which was finally announced on Monday.    The zonin...

Station Casinos plans to build 600-room hotel and casino in Henderson

Station Casinos, a subsidiary of Red Rock Resorts and flagship hotel and casino company based in the Las Vegas suburb, Summerlin South, Nevada, has publicly announced its intention to double its presence in Sou...

Wynn Resorts unveils plans to expand Encore casino in new building on Broadway; Acquiring new gambling license

Wynn Resorts Limited, a globally recognized developer of high quality hotels and casinos, has publicly announced its intention to build another entertainment property across the street from Everett-based Encore...