Bermuda casino site selection process outlined Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsBermudaLicenses December 8, 2015 0Casinos are coming to Bermuda and legislation on how to select locations is now before the House of Assembly. The proposed...
Chinese company takes first position on Baha Mar with $50m finance deal Lars Jones Latest Casino and Gambling NewsCasino NewsChinaNew HotelsCasino project updatesBahamasEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcy December 7, 2015 3China Harbour Engineering Company (CHEC) has financed the bank-appointed receivers of Baha Mar Resort, Deloitte & Touche, with $50 million as...
Resorts World Bimini to include $450m in investments Sadonna Price Latest Casino and Gambling NewsCasino expansion projectsBahamas November 30, 2015 0The Genting group has announced they plan on investing $450m more on the Resorts World Bimini, a project of the...
Sun City, Mohegan Sun founder Kerzner may take over Baha Mar Lars Jones Latest Casino and Gambling NewsCasino NewsChinaNew HotelsCasino project updatesBahamasEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcy November 14, 2015 0The $3.5 billion Baha Mar Resort in the Bahamas was so close to opening in March that people were booking...
Two years’ probation and $25k fine for Bryan Micon Kim M Latest Casino and Gambling NewsAntigua and BarbudaNew HotelsGaming Industry NewsBitcoin accepting propertiesUnlicensed OperationOnline Gambling NewsFines, Lawsuits & LitigationNevada November 8, 2015 0In what prosecutors called the first of its kind prosecution in Nevada, on Tuesday, Clark County District Court Judge Kerry...
GovRisk brings 3rd annual Caribbean & Americas Gaming Regulation Forum to Miami Beach beginning Nov 9 D. Graham Latest Casino and Gambling NewsGaming Law & LegislationWorld Casino NewsCaribbean Casino NewsConferences / Trade Shows November 7, 2015 0A three-day Caribbean gaming industry regulatory event focused on “Fostering Regional Cooperation” is set to begin November 9th. The 3rd...
Chinese government bank forecloses on Baha Mar in Bahamas Sadonna Price Latest Casino and Gambling NewsCasino project updatesBahamasBankruptcy November 4, 2015 0Close to six weeks after bankruptcy protection from the United States was thrown out for the Baha Mar Resort the...
Baha Mar lays off 2,000 staff as talks continue Sadonna Price Latest Casino and Gambling NewsCasino project updatesBahamasLabor Relations October 24, 2015 0The project of the Baha Mar resort casino is having problems yet again as 2,000 employees have now been laid...
Divi Carina Bay pays St. Croix AG nearly $.5 million “in good faith” to avoid closure Lars Jones Latest Casino and Gambling NewsCasino NewsSt. CroixWorld Casino NewsEconomy/FinanceTaxationFines, Lawsuits & Litigation October 17, 2015 0Although Treasure Bay VI Corp., owners of Divi Carina Bay Resort & Casino in Christiansted, St. Croix, Virgin Islands, don’t agree that they currently owe...
Baha Mar Resort negotiations begin again Sadonna Price Latest Casino and Gambling NewsCasino project updatesBahamasBankruptcy October 9, 2015 0The stalled project of the Baha Mar Resort may soon begin again as several groups met yesterday to begin negotiations...
Contractor returns to Baha Mar Casino Resort project Sadonna Price Latest Casino and Gambling NewsCasino NewsNew HotelsCasino project updatesBahamasBankruptcyFines, Lawsuits & Litigation September 30, 2015 0After a prolonged absence, the contractor working on the Baha Mar Resort Casino has returned. The owner of the new...
U.S. judge won’t hear Baha Mar bankruptcy Lars Jones BahamasEconomy/FinanceBankruptcyFines, Lawsuits & Litigation September 18, 2015 2Tuesday, a U.S. bankruptcy court in Delaware ruled that most of the multi-billion dollar Baha Mar chapter 11 bankruptcy filing before...
Baha Mar provisional liquidators appointed Lars Jones Latest Casino and Gambling NewsBahamasEconomy/FinanceBankruptcyFines, Lawsuits & Litigation September 11, 2015 0Last week the Bahamian Supreme Court appointed KRyS Global, Bahamas and AlixPartners Services UK advisors as Joint Provisional Liquidators over...
Bermuda Gaming Commission gets California commissioner as lead man Kim M Latest Casino and Gambling NewsGaming Law & LegislationWorld Casino NewsGaming Industry NewsCaribbean Casino News September 5, 2015 2The Bermuda Gaming Commission has appointed its new executive director, a former gaming senor executive from the United States. Stepping...
Baha Mar files reorganization plan in Delaware bankruptcy court Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsNew HotelsCasino project updatesBahamasCaribbean Casino NewsLabor RelationsBankruptcyFines, Lawsuits & Litigation August 28, 2015 0Baha Mar mega resort developer, Baha Mar Ltd, run by Sarkis Izmirlian, announced yesterday that a Chapter 11 Plan of...