The financial support needed for defending Nevada Governor Brian Sandoval’s recently introduced $1.1-billion tax plan comes to a greater extend from the state’s largest gambling operators.People with knowledge of the matter explained that this is due to the fact t ...
France reported an increase in full-year net revenue generated by the country’s casinos for the very first time in seven years. There were 201 gambling venues operating within its borders in 2015. Income from those amounted to €2.2 billion, up 2.2% as compared to the figure ...
Normandie Casino in Gardena, California agreed on Friday to plead guilty to violating the federal Bank Secrecy Act and failing to report large transactions of money that occurred in 2013 to federal authorities.Under its plea agreement with prosecutors, the gambling venue will ...
B2B supplier Kambi Group plc and mobile gambling operator LeoVegas announced today that they have signed an agreement under the terms of which the supplier will deliver its sportsbook product to the gambling company.Thus, the sports betting solution will be integrated into L ...
A bill for the legalization of casino gambling in Japan is not likely to be passed into law before the end of the current Diet session, local media reported.Last April, legislators from the country’s ruling Liberal Democratic Party (LDP), together with the Party for Fut ...
The proposed expansion of Adelaide Casino, located in Adelaide, South Australia, has been approved by the state’s Development Assessment Commission. Work on the A$300-million project is expected to start by mid-2016.South Australia’s main planning body approved t ...
Gambling operator BetVictor announced that it has hired five senior executives and has made an internal promotion recently. The appointments come as part of a plan for the company’s revitalization introduced by CEO Andreas Meinrad.Germon Knopp’s appointment as Ch ...
Gambling operator 32Red Plc revealed record net gaming revenue for 2015. The company generated a total of £48.6 million, up 51% year-on-year. In comparison, the amount of £32.1 million was reported for 2014.32Red attributed the increase to a 35% growth in its core business as ...
Florida developer Glenn Straub revealed that the closed Revel resort will be reopened and will feature a casino, although it would be half the size of the former gambling venue.The $2.4-billion Revel opened doors in April 2012 and was hoped to be what would revitalize Atlanti ...
The Oneida Indian Nation filed on Tuesday yet another lawsuit in a bid to prevent the $425-million Lago Resort & Casino from opening doors in Seneca County. If launched, the hotel and casino complex will be a direct competition to Turning Stone Resort Casino, managed by the O ...
Online gambling operator GVC Holdings PLC has appointed Nick Batram as Head of Investor Relations and Corporate Strategy. The post has been created recently and Mr. Batram’s appointment comes ahead of GVC’s recommended acquisition of fellow gambling company bwin.party ...
Australian betting company Tabcorp has reportedly rejected a proposal from gambling giant Ladbrokes for a potential joint venture which would have created Australia’s largest bookmaker. Reportedly, talks on the matter started in late 2013.The UK-based company was lookin ...
Casino operator Pinnacle Gaming Solutions, owned by North Vancouver resident David Moretto, has filed a lawsuit against British Columbia and the British Columbia Lottery Corporation, arguing that it was led to believe that it would be granted a license for running a gambling venu ...
Following the latest Ontario gambling regulations, under which a given region could only feature one full-scale casino, the towns of Pickering and Ajax are the two competing candidates for hosting the C3 zone gaming facility.Early in 2015, the Pickering City Council voted ove ...
New Jersey’s Stockton University announced on Friday that it has eventually finalized the sale of the former Showboat Casino for the amount of $23 million. The once-popular gambling venue was purchased by Philadelphia developer Bart Blatstein.In December 2014, Stockton ...
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