News

Malta Gaming Authority Responds to “Unfounded” Allegations for Lax Gambling Monitoring Policies

Malta Gaming Authority Responds to “Unfounded” Allegations for Lax Gambling Monitoring Policies

The Malta Gaming Authority responded on Thursday to recent media coverage in relation to allegations that it had failed to monitor online gambling operations by its licensees for suspicious activity in accordance with its own principles. Reuters reported on Monday citing a former MGA employee – Valery Atanasov, that the […]

by · May 26, 2017 · News
Jeff Gural Believes Competition from New York Will Eventually Drive New Jersey to Casino Expansion

Jeff Gural Believes Competition from New York Will Eventually Drive New Jersey to Casino Expansion

New York real estate developer Jeff Gural said at the East Coast Gaming Congress that he has remained optimistic about the eventual construction of a Las Vegas-style casino resort in North Jersey. The 21st annual East Coast Gaming Congress took place on May 24-25 at Harrah’s Resort Casino in Atlantic […]

by · May 26, 2017 · News
US Solicitor General Briefs Supreme Court to Decline Action on New Jersey Sports Betting Case

US Solicitor General Briefs Supreme Court to Decline Action on New Jersey Sports Betting Case

Acting US Solicitor General Jeffrey Wall advised the Supreme Court to refuse action on New Jersey’s sports betting case. The Solicitor General’s recommendation may put an end to the state’s long-time effort to add betting options to its racetracks and Atlantic City casinos in a bid to revitalize its struggling […]

by · May 25, 2017 · News
Trump Taj Mahal Casino Probed for Money Laundering Activities Shortly after 1990 Launch

Trump Taj Mahal Casino Probed for Money Laundering Activities Shortly after 1990 Launch

Trump Taj Mahal casino in Atlantic City was found out to have violated anti-money laundering regulations more than 100 times during the first and a half year after being launched in April 1990, CNN reported. Dubbed the eighth wonder of the world, the gambling resort opened doors in the early […]

by · May 23, 2017 · News
Crown Resorts Scraps Las Vegas Strip Casino Project with Land Sale

Crown Resorts Scraps Las Vegas Strip Casino Project with Land Sale

Australian casino operator Crown Resorts has undertaken another move to dispose of its international assets, local media has reported. The company, led by billionaire James Packer, is selling a Las Vegas Boulevard parcel, previously planned to be developed into a luxury casino resort. Real estate firm CBRE has been tasked […]

by · May 22, 2017 · News
Caesars Emerges from Bankruptcy with International Casino Expansion Plans

Caesars Emerges from Bankruptcy with International Casino Expansion Plans

Hotel and casino operator Caesars Entertainment Corp. will aim for further Strip development, geographical expansion, and M&A opportunities when it emerges from bankruptcy, CEO Mark Frissora said in a recent interview with Bloomberg TV. Caesars has embarked on a lengthy journey toward recovery after its main operating unit – Caesars […]

by · May 21, 2017 · News
Illinois Casino Expansion Bill Passes Senate Vote

Illinois Casino Expansion Bill Passes Senate Vote

Illinois Senate lawmakers approved earlier this week a bill that provides for the construction of up to six land-based casinos across the state. The proposed legislation is now headed to the House. Sponsored by Sen. Dave Syverson, the bill’s potential signing into law is projected to result in millions of […]

by · May 19, 2017 · News
Florida Supreme Court Denies Slot Machines Expansion

Florida Supreme Court Denies Slot Machines Expansion

The Florida Supreme Court ruled on Thursday that county referendums on whether pari-mutuels can or cannot add slot machines can only be held after state approval. The decision closed the door to a long-time effort that could have resulted in a massive slots expansion across the state. Slot machines are […]

by · May 19, 2017 · News
Cypriot Government Greenlights Melco-Hard Rock Casino License Deal

Cypriot Government Greenlights Melco-Hard Rock Casino License Deal

The Cypriot government approved earlier today the casino license deal that will allow the Melco-Hard Rock consortium to build a €500-million integrated resort in the city of Limassol and four other gambling venues in the capital Nicosia, and the Larnaca, Famagusta, and Paphos districts. The Republic of Cyprus’ gambling regulator […]

by · May 18, 2017 · News
partypoker Withdraws Czech Republic License Application

partypoker Withdraws Czech Republic License Application

Online poker room partypoker has informed its Czech players that it has withdrawn its application for a license from the Czech Ministry of Finance, local poker news outlet Poker-Arena reported today. The poker operator, owned by Isle of Man-based gambling group GVC Holdings, has cited the country’s current regulatory environment […]

by · May 18, 2017 · News
Tweet about this on TwitterShare on FacebookShare on Google+Share on LinkedInShare on Reddit