MGM Remains Committed to the Springfield Casino Construction

by October 6, 2015

The president of MGM Resorts International, the company that is about to build a casino resort in Springfield, visited the city yesterday and threw light on the future actions of the company. Last week, it was announced that the initial design of the resort has been changed and a ...

Bloomberry CEO Optimistic About Philippines Gambling Industry Revival

by October 5, 2015

Enrique Razon Jr, the Chairman and Chief Executive of Bloomberry Resorts Corp., announced that he was optimistic about the future development of the company and the gambling sector in general. According to him, the revenue is growing, which indicates that soon, Bloomberry will ma ...

Las Vegas Casino Resorts Oppose NV Energy Monopoly

by October 5, 2015

Three casino companies famous on a global scale – Las Vegas Sands, Wynn Resorts and MGM Resorts International, announced that they are attempting to terminate their contracts with NV Energy – the company that is currently providing them with electricity. According to representati ...

Claudio Moya Wins Latin American Poker Tour Peru Main Event

by July 22, 2015

The Latin American Poker Tour Peru Main Event was completed mere hours ago and the Chilean Claudio Moya emerged victorious to capture the trophy and the amount of $135,576 for his first place.The tournament took place at Atlantic City Casino in Lima, the capital of Peru. As ...

Atlantic Club Casino to Be Transformed into Entertainment Complex

by July 22, 2015

Atlantic City authorities have not given up on their attempts to utilize the shuttered casino properties. The former Atlantic Club Casino Hotel has just received the approval of the Casino Reinvestment Development Authority for two projects aimed at bringing its old glory back. ...

Caesars Seeks Junior Creditors Approval for Restructuring Deal

by July 21, 2015

Representatives of Caesars Entertainment Corp. announced that the company has made yet another attempt to win over the junior bondholders of the bankrupt division. The company has offered them a financial package with the aim of convincing them consider a restructuring deal.W ...

New Bill Proposes Lifting Showboat Deed Restriction

by July 21, 2015

After all, Stockton University might be able to sell the shuttered Showboat casino without being involved in any legal issues.Back in 2014, Stockton bought the former casino venue with the aim of turning it into a college campus but the project met the fierce opposition of t ...

Obstacles Massachusetts Casino Industry Has to Overcome

by July 20, 2015

Massachusetts has been making the headlines over the last couple of months because of the disagreements related to the development of the casino industry. The state was about to have its gambling sector fully developed by 2016 but according to the latest information, this will no ...

Ladbrokes to Acquire Gala Coral within a Week

by July 20, 2015

The UK-based betting and gaming company Ladbrokes announced that it was about to ink a deal with another popular provider of gaming products and services – Gala Coral. The agreement between the two gaming giants was expected to be closed sometime in future.Details about the p ...

UK Land-Based Gambling Shares

by July 10, 2015

Companies with offline gambling facilities in the United Kingdom have encountered an increasing competition by online gambling operators in the recent years. Brick-and-mortar casinos still remained the venues with the largest popularity among gamblers, according to data by the UK ...

Remote Gambling Tax Regimes at Tax Haven Jurisdictions

by July 8, 2015

Online gambling industry has been on the rise over the recent years and a number of particular jurisdictions have lured the attention of online operators as appropriate locations to establish their headquarters, because of the light tax regimes these jurisdictions have introduced ...

The ”Grexit” – a Betting Option or a Problem of Considerable Proportions

by July 3, 2015

One of the preferred matters, on which gamblers have enjoyed placing their wagers for some time now, concerns the probability of a Greek exit from the Euro group in 2015. To some people this hot topic may be nothing more than a bet, but, in fact, it may be an event triggering a s ...

UK Online Gambling Shares

by July 2, 2015

Online gambling industry in the United Kingdom has been growing at an impressive rates in the recent years. Gross revenue of online gambling providers expanded at an annual rate of 22% in 2014, while expectations point to further increase in revenue figures in 2015 and 2016.F ...

Gambling and Trading – Two Completely Different Categories or Two Ways to Identify One and the Same Thing

by June 30, 2015

A trader at Wall Street and a high roller in Las Vegas – what do these two persons have in common? Both of them wearing the most renowned clothing and accessory brands from head to heels, both of them taking their leave from the latest model by the most notorious vehicle ma ...

Missouri Casino Gaming Revenue Analysis

by June 26, 2015

Nicknamed ”The Show Me State”, Missouri is ranked 18th in terms of population size and 30th in terms of population density, according to 2014 data by the US Census Bureau.At present, the state hosts 13 riverboat casinos, which are under the regulation of the Missouri Gaming C ...