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City of Dreams Manila Owner Reveals Casino Expansion Plans

City of Dreams Manila Owner Reveals Casino Expansion Plans

Philippine residential and leisure property developer Belle Corp. has unveiled plans to expand its casino operations within Manila’s Entertainment City and beyond. Belle currently operates City of Dreams Manila, a multi-billion integrated resort, together with Hong Kong gambling operator Melco Resorts & Entertainment (recently rebranded from Melco Crown Entertainment). During […]

by · April 25, 2017 · News
Senate Bill Gains Edge in Florida Gambling Discussions

Senate Bill Gains Edge in Florida Gambling Discussions

The Florida Legislature has less than two weeks to craft a new gambling legislation. The state’s main legislative body has two gambling bills – one sponsored by the House and the other by the Senate – to use as a material for a new framework that would regulate the provision […]

by · April 25, 2017 · News
Gambling Mogul Teddy Sagi Takes Camden Market Owner Private

Gambling Mogul Teddy Sagi Takes Camden Market Owner Private

Billionaire investor Teddy Sagi and his assets management firm LabTech Investments Ltd. have recently purchased a 29% stake in real estate company Market Tech Holdings, known to be the owner of London’s Camden Market. LabTech owned 71% in the firm, which means that after its last purchase it has taken […]

by · April 24, 2017 · News
PEZA to Ban Online Gambling Operations in Its Accredited Buildings

PEZA to Ban Online Gambling Operations in Its Accredited Buildings

The Philippine Economic Zone Authority (PEZA) will not allow offices at its accredited buildings across Metro Manila and the rest of the nation to be used by online gambling operators, local media has reported. PEZA is charged with the promotion of the establishment of economic zones in the Southeast Asian […]

by · April 23, 2017 · News
Cyprus’ First Satellite Casinos to Open Doors This Summer

Cyprus’ First Satellite Casinos to Open Doors This Summer

First casinos will open doors in the Republic of Cyprus this summer, local media has reported. Major gambling operators Hard Rock International and Melco International Development were chosen as the preferred developers of the Mediterranean island country’s first integrated casino resort last fall. The two mega-companies will work together with […]

by · April 23, 2017 · News
Florida Gambling Conference Gets Cancelled Due to Supreme Court Gambling Amendments Ruling

Florida Gambling Conference Gets Cancelled Due to Supreme Court Gambling Amendments Ruling

The gambling legislation negotiations between the Florida Senate and House were suddenly postponed after the Florida Supreme Court decided to give the green light to a proposed constitutional change in terms of gambling. Under the amendment, Florida voters are to be given the exclusive right to decide whether or not […]

by · April 21, 2017 · News
Florida Legislature to Face Tough Negotiations at Today’s Gambling Conference

Florida Legislature to Face Tough Negotiations at Today’s Gambling Conference

The Florida Senate is to put a start to the new gambling legislation negotiations between the members of the House and the Senate on Thursday. The conference is set to kick off at 4 PM today. Six state senators and six state representatives are reportedly to be present at the […]

by · April 20, 2017 · News
Pacific Consortium Renews Takeover Bid for Tatts Group

Pacific Consortium Renews Takeover Bid for Tatts Group

The Pacific Consortium group led by the private equity firm KKR & Co revealed that it has revised its takeover offer for the largest lottery operator that currently exists in Australia. According to the announcement, the updated all-cash acquisition bid for Tatts Group Ltd amounts to A$6.15 billion, surpassing the […]

by · April 19, 2017 · News
Kalispel Tribe Challenges Federal Government in Court Over Spokane Tribe Casino Project Permission

Kalispel Tribe Challenges Federal Government in Court Over Spokane Tribe Casino Project Permission

The Kalispel Tribe has filed a legal complaint against the US Department of the Interior in District Court. The tribe is to sue the federal government for giving the Spokane Tribe the green light for building a new casino located near the Kalispel’s Northern Quest Casino. The lawsuit, which was […]

by · April 19, 2017 · News
IGT and DoubleU Games Reach Agreement on DoubleDown Interactive Sale

IGT and DoubleU Games Reach Agreement on DoubleDown Interactive Sale

American gambling solutions supplier IGT (International Game Technology) announced it intends to sell its DoubleDown Interactive online casino operations to the South Korean social gaming operator DoubleU Games, which is based in the country’s capital of Seoul. Representatives of the Las Vegas-based company released a statement to confirm they have […]

by · April 18, 2017 · News
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