News

Shinnecocks May Negotiate for Partnership With Florida Tribe for a Casino Development

Shinnecocks May Negotiate for Partnership With Florida Tribe for a Casino Development

A group of leaders from the Shinnecock Indian Nation have been negotiating with the Florida’s Seminole Tribe in terms of creating a collaboration, which will contribute to the development of their shelved casino, a group of tribe members have reported. The discussions with the Seminoles, who apart from seven casinos in Florida, […]

by · January 1, 2015 · News
Caesars Entertainment Acquires Land for Its Multimillion Casino Project in South Korea

Caesars Entertainment Acquires Land for Its Multimillion Casino Project in South Korea

A few days ago, it was announced that a consortium of several companies, including a subsidiary of U.S. gaming operator Caesars Entertainment Corp., inked a $95.9-million conditional deal for the acquisition of land, which is intended for the construction of a casino in Incheon, South Korea. The announcement was made […]

by · December 31, 2014 · News
Possible Expansion of the Casino Industry in Illinois Next Year

Possible Expansion of the Casino Industry in Illinois Next Year

For years the lawmakers have been trying to make the building of casinos in Chicago easier. Once Bruce Rauner comes into power as governor of the state of Illinois in January 2015, the chances are that this idea could become a reality. Even though the state senator Dave Syverson considers […]

by · December 31, 2014 · News
Casino School Opens Doors in New York City

Casino School Opens Doors in New York City

Soon New York will have its first official casino school. The Big Deal Casino Academy, which is situated on 28th Street and 5th Avenue, will become a licensed school where everyone will have the chance to receive a special training. Thanks to this training, all students will be able to […]

by · December 30, 2014 · News
The Montreign Casino Resort Expected to Bring Catskills’ Long-Awaited Revival

The Montreign Casino Resort Expected to Bring Catskills’ Long-Awaited Revival

After the $630-million project for the Montreign Casino Resort in the Catskills area got the nod from the state of New York, residents of the nearby village Monticello are now hoping for the revival of the place that was once a thriving tourist mecca. Locals claim that in the past, […]

by · December 30, 2014 · News
Macau’s Chief Executive Promises Economic Diversification

Macau’s Chief Executive Promises Economic Diversification

Fernando Chui Sai On, the current Chief Executive of Macau, stated that his administration will do its best to make the financial system of the administrative region less dependent on its casino industry. He promised that one of his primary goals during his new term will be to work for […]

by · December 29, 2014 · News
Tyre, NY Awarded with One of Three Casino Licenses

Tyre, NY Awarded with One of Three Casino Licenses

The efforts of the Republicans in the New York Senate, and the Democrats in the State Assembly have led to the surprising decision of the New York Gambling Commission to give Tyre, NY one of three casino licenses. On December 26, 2014, Gov. Andrew Mark Cuomo requested а re-evaluation of the Southern […]

by · December 29, 2014 · News
Legends Casino Expansion on Budget and on Schedule

Legends Casino Expansion on Budget and on Schedule

The construction of the $90-million expansion of the Legends Casino, property of the Yakama Nation, is in process. The multimillion revamp involves the building of a six-story hotel which will offer about 200 rooms to its guests. The already established casino venue is also undergoing certain changes. The construction process […]

by · December 29, 2014 · News
Steve Wynn Shares Information about His Everett Project

Steve Wynn Shares Information about His Everett Project

Popular American business magnate Steve Wynn revealed more details about his Everett project. The developer shared that he had given up on the original design of the resort. Instead, the new building will sport a slightly curved shape, very similar to that of his Encore and Wynn venues in Las […]

by · December 28, 2014 · News
Las Vegas Sands’ Issuer Default Rating Upgraded to ‘BBB-‘

Las Vegas Sands’ Issuer Default Rating Upgraded to ‘BBB-‘

Fitch Ratings Inc. announced that it had upgraded the so-called Issuer Default Rating for the well-known gambling operator Las Vegas Sands Corp. from ‘BB+’ to ‘BBB-‘. The upgrade also concerns the company’s subsidiaries, Sands China Ltd. included. In addition to this, their senior secured credit facilities had also been upgraded […]

by · December 27, 2014 · News
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