New Jersey takeover of Atlantic City possible after 5 year fiscal plan rejected Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceNew Jersey November 2, 2016 0Atlantic City submitted a 5 year fiscal plan to New Jersey state officials towards the end of October laying out...
Chow Tai Fook Enterprise set to acquire Baha Mar Lars Jones Casino SalesCasino project updatesBahamasEconomy/FinanceMergers, Acquisitions & Partnerships October 28, 2016 0After Chinese Export Import Bank (EXIM) in effect purchased Baha Mar from themselves using a Special Purpose Vehicle (SPV) named...
Borgata Casino says no deal made with Atlantic City as outlined in proposed recovery plan Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceTaxationNew Jersey October 26, 2016 0Mayor Don Guardian and Atlantic City legislators submitted a proposed financial recovery plan that was a 125 pages long outlining...
Export-Import Bank of China affiliate new owner of Baha Mar Lars Jones Casino SalesLatest Casino and Gambling NewsCasino project updatesBahamasMergers, Acquisitions & Partnerships October 23, 2016 0The beleaguered $3 billion-plus Baha Mar resort in the Bahamas has emerged from uncertainty by having its assets sold to an...
New Jersey State Senate passes proposed casino licensing protocol legislation Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationNew Jersey October 21, 2016 0In New Jersey, proposed legislation that would alter the current licensing protocols for casinos in Atlantic City and disqualify for...
Assemblyman Ralph Caputo continues push to get video lottery terminals into New Jersey racetracks Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationHorse RacingNew Jersey October 18, 2016 0The referendum to move casinos outside of Atlantic City goes to vote in November but Assemblyman Ralph Caputo is not...
New Jersey once again asks the United States Supreme Court to hear sports betting case Kim M Latest Casino and Gambling NewsOnline gambling regulationSports bettingNew Jersey October 9, 2016 0In an attempt to legalize sports betting at the state’s casinos and racetracks, the New Jersey Thoroughbred Racing Association has...
Opposition want Supreme Court in The Bahamas to disclose Baha Mar Resort deal Renee Kingsley Latest Casino and Gambling NewsCasino project updatesBahamasFines, Lawsuits & Litigation September 8, 2016 0Perry Christie, the Prime Minister of the Bahamas, announced in August that work on the stalled $3.5 billion Baha Mar...
Key Sarkis ally; CCA back on the job at Baha Mar is like “letting the kids in the cookie jar” Kim M Latest Casino and Gambling NewsCasino project updatesBahamas September 5, 2016 2Former Baha Mar Board member and key ally of Sarkis Izmirlian, the project’s original developer, Dionisio D’Aguilar, said that the...
Stalled Baha Mar Casino Resort caused the Bahamas to lose over $315 million in revenue Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino project updatesBahamasEmployment & CareersTaxationFines, Lawsuits & Litigation August 16, 2016 0Sarkis Izmirlian and his group of financial investors pumped in $3.5 billion to develop the Baha Mar Casino Resort in...
Appeals court tosses New Jersey sports betting law Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationSports bettingFines, Lawsuits & LitigationNew Jersey August 9, 2016 1Today a 12 judge U.S. Third Circuit Court of Appeals panel struck down a New Jersey law that was never implemented...
Numbers down slightly for Hambletonian at Meadowlands Racetrack; push for casino referendum felt Kim M Latest Casino and Gambling NewsGaming Law & LegislationHorse RacingSports bettingNew Jersey August 8, 2016 0About 20,000 braved the heat and the long betting lines on Saturday at the Meadowlands Racetrack to be a part...
MP calls for official inquiry into The Baha Mar Casino And Hotel Adam Morgan Latest Casino and Gambling NewsCasino project updatesBahamasEconomy/Finance July 13, 2016 0In the Bahamas, a Member Of Parliament (MP) has called on the ruling party of Prime Minister Perry Christie to...
Whistles blow and drums bang for day three of Taj Mahal strike Kim M Latest Casino and Gambling NewsLabor RelationsNew Jersey July 3, 2016 0Atlantic City’s busiest weekend of the year looks to be problematic for the Trump Taj Mahal as Sunday marks day...
Prime Minister agrees plan to salvage The Baha Mar Casino And Hotel Adam Morgan Latest Casino and Gambling NewsCasino project updatesBahamasEconomy/Finance June 30, 2016 0The Prime Minister of the Bahamas, Perry Christie, has announced that his government has entered into a “framework agreement” to...