ACT Government permits Canberra casino to operate only 200 pokie machines Renee Kingsley Latest Casino and Gambling NewsAustraliaCasino project updates May 6, 2016 0Aquis Entertainment Limited bought the Canberra casino back in 2014 and the company’s chairman, Hong Kong billionaire Tony Fung, informed...
Red Rock Resorts IPO in the works on heels of MGM $1.05b success Kim M Latest Casino and Gambling NewsLas VegasEconomy/FinanceMergers, Acquisitions & Partnerships April 26, 2016 0Las Vegas-based LBO casino operator Red Rock Resorts (RRR) is scheduled to price its initial public offering (IPO) today and...
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...
Nevada gaming regulators give final approval to Marnell Gaming for Sparks casino purchase Sadonna Price Latest Casino and Gambling NewsMergers, Acquisitions & PartnershipsNevada April 23, 2016 0The Nevada Gaming Commission has given the go ahead to Marnell Gaming LLC in the acquisition of the former John...
SkyCity not opposed to takeover from The Star Kim M Latest Casino and Gambling NewsAustraliaNew ZealandMergers, Acquisitions & PartnershipsUnited Kingdom April 15, 2016 0SkyCity Entertainment Group, a New Zealand and Australia casino operator, says it won’t instigate talks but would consider a takeover by...
NYX pulls off £270m acquisition of rival OpenBet Alex Lanter Online gaming softwareLatest Casino and Gambling NewsSports bettingMergers, Acquisitions & PartnershipsUnited Kingdom April 6, 2016 0NYX Gaming Group has managed to come to an agreement with OpenBet and confirmed it will be taking over the...
Playtech’s Teddy Sagi linked to 16 offshore accounts by Panama Papers Lars Jones Online gaming softwareLatest Casino and Gambling NewsIsraelEconomy/FinancePanama April 4, 2016 0Well known names like Vladimir Putin and the Prime Minister of Iceland have been mentioned around the seismic leak of documents...
Elaine Wynn Fights for Control of Wynn Resorts Shares Sadonna Price Latest Casino and Gambling NewsFines, Lawsuits & LitigationNevada March 29, 2016 0Steve Wynn is the founder of Wynn Resorts, a top operating gaming company. Wynn’s ex-wife, Elaine Wynn, has recently stepped...
Macau Legend Development Ltd decides to sell its Pharaoh’s Palace Casino to stakeholder Renee Kingsley Latest Casino and Gambling NewsCasino proposalsAsian Casino NewsMacauMergers, Acquisitions & Partnerships March 28, 2016 0Macau’s casino industry saw a decline of 34.3 percent in gross gaming revenue during 2015 and Pharaoh’s Palace Casino had...
Insider Trading charges announced against Amaya Gaming CEO David Baazov Sadonna Price Latest Casino and Gambling NewsWorld Casino NewsOnline PokerFinancial Fraud March 23, 2016 0Back in June of 2014, the Rational Group was acquired by Amaya Gaming. The Rational Group was the parent company...
San Pablo Lytton Casino to purchase local moose lodge for additional parking Sadonna Price Latest Casino and Gambling NewsTribal GamingCalifornia March 12, 2016 0For over four decades, the Moose Lodge No. 550 has been a solid fixture in San Pablo. The venue has...
Probation for Illinois man involved in Indiana casino fraud Kim M Latest Casino and Gambling NewsFines, Lawsuits & LitigationFinancial FraudIndiana March 3, 2016 0Rather than jail time, an Illinois man was sentenced to eight years of probation resulting from several charges related to...
Alon Las Vegas may be delayed beyond 2018: Updated Lars Jones Latest Casino and Gambling NewsLas VegasCasino project updatesEconomy/FinanceNevada March 2, 2016 0The story today seems to be much as it was in December when Larry Gandler, a gaming analyst for Credit...
Canberra Casino pokie proposal faces tough opposition Sadonna Price Latest Casino and Gambling NewsAustraliaLicenses March 1, 2016 0Canberra Casino is owned by Aquis Entertainment, a company based in Hong Kong, who would like to see the venue...
BC Lottery Corp to review its policies after money laundering lawsuit filed Renee Kingsley CanadaCasino CheatingBritish ColumbiaMoney Laundering February 29, 2016 0There have been recent allegations that casinos in British Columbia have been used by criminals for money laundering purposes. While...