New joint venture planned for Caesar’s Casino Incheon development Adam Morgan Latest Casino and Gambling NewsCasino proposalsMergers, Acquisitions & PartnershipsSouth Korea December 6, 2016 0A subsidiary of American casino operator Caesars Entertainment Corporation has reportedly reached a deal to create a new joint venture...
Lippo Limited still in LOCZ Korea Corporation disposal talks Adam Morgan Latest Casino and Gambling NewsCasino NewsMergers, Acquisitions & PartnershipsSouth Korea November 30, 2016 0Hong Kong-listed real estate developer Lippo Limited has announced that it is still engaged in talks with Caesars Entertainment Corporation...
MGM Resorts International seeks MassMutual Center role Adam Morgan Latest Casino and Gambling NewsCasino project updatesMergers, Acquisitions & PartnershipsMassachusetts November 18, 2016 0As it continues construction on its $950 million MGM Springfield project in central Massachusetts, American casino operator MGM Resorts International...
New Jersey assumes complete control over Atlantic City Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceNew Jersey November 11, 2016 0In New Jersey, the administration of Republican governor Chris Christie has assumed complete control over fiscally distressed Atlantic City with...
Chelmsford City Racecourse unveils ambitious casino plan Adam Morgan Latest Casino and Gambling NewsCasino proposalsUnited Kingdom November 2, 2016 0In the United Kingdom, Chelmsford City Racecourse has unveiled a $61.53 million plan that would see the Essex venue open...
Ladbrokes Coral Group launches following $2.81 billion merger Adam Morgan Latest Casino and Gambling NewsSports bettingMergers, Acquisitions & PartnershipsUnited Kingdom November 2, 2016 0After 18 months of negotiations, British sportsbetting operators Ladbrokes and Gala Coral Group Limited have completed their $2.81 billion merger...
IPO lock-up expires, Deutsche Bank can sell stake in Red Rock Resorts for $440 million Renee Kingsley Latest Casino and Gambling NewsLas VegasFinancial Press ReleasesNevada October 31, 2016 0According to reports in the finance industry, Deutsche Bank is in the process of selling its 16.9 percent stake in...
Leeds getting ready to welcome nation’s third largest casino Adam Morgan Latest Casino and Gambling NewsCasino project updatesUnited Kingdom October 25, 2016 0After beginning the process of obtaining a license in January of 2012, Global Gaming Ventures (Development) Limited has this week...
Merging British sportsbetting operators to sell 359 shops Adam Morgan Latest Casino and Gambling NewsSports bettingMergers, Acquisitions & PartnershipsUnited Kingdom October 17, 2016 0As part of their previously announced planned merger, British sportsbetting operators Ladbrokes and Gala Coral Group Limited have revealed that...
PhilWeb Corporation intends to “reapply” for operating licenses Adam Morgan Latest Casino and Gambling NewsLicensesMergers, Acquisitions & PartnershipsPhilippines October 7, 2016 0In the Philippines, online games developer PhilWeb Corporation has reportedly announced that it intends to “reapply” for licenses to operate...
Casino giant Genting gets thumbs up from commission in pursuit of marina plan Kim M Latest Casino and Gambling NewsCasino project updatesFlorida October 6, 2016 0Malaysian conglomerate Genting Group acquired the Miami Herald’s bayfront campus (pictured) in 2011 for $236 million in its pursuit of plans...
PAGCOR conducting study on sale of casino assets Sadonna Price Latest Casino and Gambling NewsPhilippines October 4, 2016 0A study is already underway by the Philippine Amusement and Gaming Corporation to look into the possibility of selling over...
Atlantic City looks to sell airport property to gain $100 million in much-needed funds Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNew Jersey September 27, 2016 0Atlantic City is looking for a way to fight off debt, especially since the city faces a takeover by the...
New casino makeover show to be hosted by industry veteran Gary Green Kim M Latest Casino and Gambling NewsLas VegasConferences / Trade Shows September 22, 2016 0The American public may soon have another “rescue and makeover” television series to choose from as Gary Green, iconic casino...
Required work yet to start at Beijing Imperial Palace Hotel Adam Morgan Latest Casino and Gambling NewsCasino closuresMacauFines, Lawsuits & Litigation September 8, 2016 0After being forced to temporarily close its doors by the Macau Government Tourism Office, the Beijing Imperial Palace Hotel has...