Search Results for: "lebanon"

Lebanon’s only casino seeking help in launching iGambling site

January 15, 2017

In Lebanon, there is only one casino in operation, the Casino du Liban. The venue is quite ambitious and wants to provide not only land based gaming but also options online. The casino is currently looking for ...

Two shareholders of Lebanon casino file complaint against CEO

Sadonna Price

July 16, 2016

Latest Casino and Gambling News, Fines, Lawsuits & Litigation

Hamid Kreidi is the CEO of the Casino du Liban, a venue located in Lebanon, who recently was accused of mismanaging the property. Two shareholders of the casino have filed a complaint alleging that financial mi...

Mohegan Sun to conclude furlough program from Sept. 30: possibly 1000 workers to be affected

K Morrison

August 14, 2020

Latest Casino and Gambling News, Tribal Gaming, Casino News, Gaming Industry News, Economy/Finance, Connecticut

After its partial reopening on June 1st, Mohegan Sun has now announced that it will lay off an undetermined number of employees "as a result of the impact of COVID-19." The giant Connecticut casino agreed to...

Miami Valley Gaming proposes $100 million expansion to include new hotel

K Morrison

November 5, 2019

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Ohio

Looking to attract business from beyond the surrounding cities, Miami Valley Gaming in Lebanon, Ohio is reportedly considering taking on a $100 million expansion. The proposal includes the addition of a hote...

Ohio records improvements in May casino and racino gaming revenues

Adam Morgan

June 10, 2019

Latest Casino and Gambling News, Economy/Finance, Ohio

The four casinos in Ohio saw their aggregated gross gaming revenues for May rise by 7% year-on-year to $73.5 million while the Midwestern state’s seven racinos continued to perform well as their monthly combine...

Churchill Downs Inc. completes acquisition of Presque Isle Downs and Casino

K Morrison

January 17, 2019

Latest Casino and Gambling News, Casino News, Mergers, Acquisitions & Partnerships, Pennsylvania

After in July 2018, terminating the sale of Mississippi’s Lady Luck Casino Vicksburg to Churchill Downs Inc. (CDI) (Nasdaq:CHDN) due to antitrust concerns, the Louisville-headquartered company recently announce...

Churchill Downs and Eldorado Resorts cancel sale of Mississippi casino

K Morrison

July 10, 2018

Casino Sales, Latest Casino and Gambling News, Casino News, Mergers, Acquisitions & Partnerships, Mississippi

After announcing in late February that it had agreed a deal that would see it spend $229.5 million to acquire the Presque Isle Downs and Casino in Pennsylvania and Mississippi’s Lady Luck Casino Vicksburg (pict...

Sung Ho Kim wins APT Philippines 2017 II Main Event

K Morrison

September 24, 2017

Awards, Latest Casino and Gambling News, Poker Tournaments, Philippines

In Manila, South Korea’s Sung Ho Kim was able to defeat fellow countryman Jae Hyun Lim to win the Main Event of the 2017 edition of the Asian Poker Tour (APT). Sung Ho took home USD 40,250 for first prize, alon...

Ohio casinos and racinos report improved July gaming revenues

Adam Morgan

August 9, 2017

Latest Casino and Gambling News, Economy/Finance, Ohio

The four casinos in Ohio saw their aggregated gross gaming revenues for July rise by 5.7% year-on-year to $69.86 million while the Midwestern state’s seven racinos continued to post increases with their monthly...

Improved June for Ohio casino and racino industries

Adam Morgan

July 11, 2017

Latest Casino and Gambling News, Economy/Finance, Ohio

The four casinos in Ohio saw their aggregated gross gaming revenues for June increase by more than 2% year-on-year to $62.08 million while the state’s seven racinos continued to post rises with their monthly co...

Pennsylvania representative plans stand-alone bill as gambling law deadline approaches

Sadonna Price

April 24, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Economy/Finance, Pennsylvania

In September 2016, the state Supreme Court ruled that the Pennsylvania local share assessment tax was unconstitutional and lawmakers were given a January deadline to find a solution. By the January deadline, la...

Ohio lawmaker wants to change casino tax money allocation

Adam Morgan

August 16, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Taxation, Ohio

In Ohio, a local lawmaker has announced that he intends to unveil a proposal during the autumn legislative session that would change the way tax revenues from the state’s four casinos are shared out. Under t...

Ohio casino tax contributions top $1 billion

Adam Morgan

July 13, 2016

Latest Casino and Gambling News, Taxation, Ohio

The four land-based casinos in Ohio have contributed just over $1 billion in tax to the Midwestern state’s cities, counties, schools and agencies since opening in 2012 and 2013 including $65.31 million in the t...

2015 Kentucky Derby Winner – “American Pharaoh”

Bernard Richter

May 3, 2015

Latest Casino and Gambling News, Horse Racing, Sports betting, Kentucky

LOUISVILLE, Ky., May 2, 2015 (GLOBE NEWSWIRE) -- It was ideal weather for the 141st running of the $2 million Kentucky Derby Presented by Yum! Brands as a record 170,513 fans, the highest attendance in Derb...

Churchill Downs and Saratoga Harness Racing Announce Agreement

July 30, 2014

Latest Casino and Gambling News, World Casino News, North America Casino News

GLOBE NEWSWIRE - Saratoga Harness Racing, Inc. (SHRI) and Churchill Downs Incorporated (CDI) (Nasdaq:CHDN) announced they have executed a binding term sheet and are close to finalizing a five-year management co...