Cash hacked from Bangladesh bank returned by junket operator Kim M Latest Casino and Gambling NewsMoney LaunderingPhilippines May 5, 2016 0Chinese casino boss and junket operator in the Philippines, Kim Wong, has turned over $5 million, in what is believed...
Resorts Casino Hotel to spend $20 million on hotel room renovations: Updated Sadonna Price Latest Casino and Gambling NewsCasino expansion projectsNew Jersey April 30, 2016 0Update 5-5-16: Please see update below Atlantic City’s Resorts Casino Hotel is planning on spending a hefty sum to renovate...
48 individuals indicted in bank fraud scheme at Atlantic City casinos Kim M Latest Casino and Gambling NewsRacketeeringFines, Lawsuits & LitigationFinancial FraudNew Jersey April 27, 2016 0On Monday, 48 people were charged with a bank fraud scheme that netted those involved more than $570,000. Most of...
MGM Resorts closes on REIT IPO and related financial transactions Adam Morgan Latest Casino and Gambling NewsLas VegasEconomy/FinanceMergers, Acquisitions & PartnershipsNevada April 26, 2016 0Casino operator MGM Resorts International has established the MGM Growth Properties LLC subsidiary to handle ten of its properties including The...
Gaming officials tour Montreign Resort Casino site Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsCasino project updatesNew York April 25, 2016 0Officials from the New York State Gaming Commission will tour the site of the coming Montreign Resort Casino in the Catskills...
Buffalo lends a guiding hand in Rochester casino talks Kim M Latest Casino and Gambling NewsTribal GamingCasino proposalsNew York April 24, 2016 0Buffalo Mayor Byron Brown told Rochester Mayor Lovely Warren and her administration to be prepared for strong opposition to a...
Rivers Casino and Resort Schenectady’s topping-off ceremony marks construction milestone Kim M Latest Casino and Gambling NewsCasino project updatesNew York April 19, 2016 0Monday’s topping-off ceremony for the $330 million Rivers Casino & Resort Schenectady ,that was attended by representatives from the casino,...
Exclusive: Vernon Downs investor concerned about market share, continued impact of Oneida monopoly Lars Jones Latest Casino and Gambling NewsTribal GamingHorse RacingEconomy/FinanceNew York April 17, 2016 0While Tioga Downs in the Southern Tier of Upstate New York works busily toward getting their facilities ready to open...
2015/Q1 2016 U.S. online gambling legislation update Lars Jones Latest Casino and Gambling NewsU.S.A.Online gambling regulationTaxationUnited Kingdom April 10, 2016 0In 2015 seven states in the U.S. considered legalizing online gambling, none of the bills got off the floor. Currently online...
Cease-and-desist letters sent to DFS operators by Alabama AG Kim M Latest Casino and Gambling NewsAlabamaFantasy Sports April 6, 2016 0Joining several other states across the country, Alabama’s attorney general has declared that daily fantasy sports (DFS) are considered illegal...
Opening of the Park entertainment district celebrated by MGM Kim M Latest Casino and Gambling NewsLas VegasCasino project updates April 5, 2016 0On Monday, a news conference and ribbon-cutting ceremony attended by CEO Jim Murren, Gov. Brian Sandoval, and others, kicked off...
Genting announces first investment, management deal with Mashpee First Light casino in Massachuetts Lars Jones Casino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsMassachusetts April 2, 2016 0Genting Malaysia Bhd (GenM) said in a statement this week that the Mashpee Wampanoag Tribe has appointed them as manager...
Nassau OTB to bring 1000 slots to Resorts World Casino at Aqueduct Lars Jones Latest Casino and Gambling NewsCasino expansion projectsLicensesMergers, Acquisitions & PartnershipsNew York April 2, 2016 0Nassau County Off-Track Betting Corporation couldn’t catch a break after being granted the right to offer slots in 2013 in...
Class action lawsuit filed in the US against Amaya Gaming amidst inside trading scandal Sadonna Price Latest Casino and Gambling NewsU.S.A.Fines, Lawsuits & LitigationNew York April 1, 2016 0After the announcement of Amaya Gaming CEO David Baazov being charged with insider trading, it has now been announced that...
Niagara Falls’ bid for 75 percent of casino profits rebuffed by state budget Kim M Latest Casino and Gambling NewsEconomy/FinanceNew York April 1, 2016 0The proposed state budget does not include proposals to triple casino profit shares for Niagara Falls. Assemblyman John D. Ceretto...