James Packer bumps ownership in Crown Resorts to 53.1 percent Lars Jones AustraliaCasino NewsEconomy/FinanceMacauMergers, Acquisitions & Partnerships November 11, 2015 0After a peak price of $18 per share in January 2014, James Packer scooped up 18 million shares in his...
Three charged in largest bank breach in history Lars Jones Latest Casino and Gambling NewsIsraelHackingMoney LaunderingData ProtectionUnlicensed OperationOnline Gambling NewsConspiracyFinancial FraudRussiaNew York November 10, 2015 0Two men being held in Israel after their arrests in July, and a U.S. citizen believed to be hiding out...
James Packer’s Crown Resorts puts down $100 million for stake in Nobu Renee Kingsley AustraliaCasino openingsCasino expansion projectsEconomy/FinanceAsian Casino NewsMacauOceania Casino NewsMergers, Acquisitions & Partnerships October 30, 2015 0Aussie billionaire James Packer and his Crown Resorts have been in the limelight for the last week as the Melco...
Dispute over $36.2M in gaming compact overpayments won by Pauma Band Kim M Latest Casino and Gambling NewsTribal GamingCasino NewsNorth America Casino NewsGaming Industry NewsCaliforniaFines, Lawsuits & Litigation October 27, 2015 0The Pauma Band of Luiseño Indians is owed $36.2 million by the state of California, according to the 9th Circuit...
Tigre de Cristal to hold Grand Opening Nov 11 Lars Jones Casino openingsNew HotelsCasino project updatesRussia October 22, 2015 0After a successful soft launch on October 8th, Lawrence Ho’s Tigre de Cristal announced today that they will be holding...
Billionaire Steve Wynn terms feud with Boston Mayor a perverse comedy Renee Kingsley Gaming Law & LegislationU.S.A.Casino proposalsCasino openingsGaming Industry NewsLicensesMassachusetts October 19, 2015 0The battle between Boston Mayor Martin Walsh and Wynn Resorts chairman and billionaire continues to remain in the spotlight as...
Macau’s Studio City downgrades its hotel from 5 star to 4 star to adapt to tourism price drop Renee Kingsley World Casino NewsNew HotelsCasino project updatesEconomy/FinanceAsian Casino NewsMacau October 16, 2015 0Macau’s casino industry lost over $100 billion during the last 18 months due to the anti-corruption crackdown which scared away...
Vegas casinos petitioning to buy their electricity wholesale D. Graham Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsEconomy/FinanceNevada October 5, 2015 0It all started November 2014 when the Las Vegas data storage company, Switch, petitioned the Nevada Public Utilities Commission [NPUC]...
Resorts casino owner expects decision on PokerStars soon; Casino profitable again Alex Lanter Latest Casino and Gambling NewsU.S.A.North America Casino NewsNew Jersey August 27, 2015 0The Resorts Casino Hotel in Atlantic City is expecting the decision on whether PokerStars, the biggest online poker site in...
Harrah’s Cherokee Valley River Casino opening Sept. 28; Food outlets announced Lars Jones Latest Casino and Gambling NewsTribal GamingNew HotelsCasino project updatesEmployment & CareersNorth Carolina August 25, 2015 0Harrah’s Cherokee Valley River Casino & Hotel near Murphy, North Carolina is set to officially open their doors to patrons...
Amaya to join fantasy sports fray after acquiring Victiv Lars Jones Latest Casino and Gambling NewsU.S.A.CanadaMergers, Acquisitions & PartnershipsFantasy Sports August 15, 2015 0David Baazov’s Nasdaq listed Amaya went from an odd little Canadian company making seemingly senseless strategic decisions in an uncertain...
Beijing launches operation Chain Break to crack down on casino promoters Sam Mitchell Latest Casino and Gambling NewsChinaMacauPhilippinesSouth Korea August 12, 2015 0August 11, 2015—Berstein Research shows the Chinese government is cracking down on all junket operators, including agents trying to promote...
Arrests: International investment scam, JP Morgan hack, online casinos Lars Jones IsraelCasino closuresGaming Industry NewsHackingCyprusMoney LaunderingMiddle East Gaming NewsData ProtectionOnline Gambling NewsFloridaFinancial Fraud July 24, 2015 0The Manhattan U.S. Attorney announced on Tuesday that three men in Florida and Israel had been charged in a penny stock...
Macau 2Q financial reports show casino profits continuing to fall D. Graham Latest Casino and Gambling NewsWorld Casino NewsChinaMoney LaunderingEconomy/FinanceAsian Casino NewsMacau July 18, 2015 0GGRAsia reports that Macau’s second quarter VIP baccarat gaming revenue has fallen 42.2 percent, almost $4 billion U.S., compared to...
Deal Me In: Most loss leaders are long gone Mark Pilarski Latest Casino and Gambling NewsDeal Me In July 18, 2015 0Dear Mark: I have been practicing my Deuces Wild video poker skills, looking to accomplish that perfect play. The online...