It was announced a few days ago that Chinese citizens would be allowed to stay in Macau up to 7 days instead of just 5. The new transit visa policy became effective on Wednesday, July 1. However, prominent gambling experts believe that it would have only a limited effect on the i ...
Tsogo Sun Holdings, a major South African hotel and casino operator, announced on Friday that it had canceled its plans to purchase a minority stake in two casinos operated by rival Sun International.The R2.1 million acquisition deal was first announced in May 2014. Back then ...
Marina Bay Sands Pte Ltd., the company that operates Marina Bay Sands, one of Singapore’s flagship integrated resorts, has expressed interest in launching a gambling venue and convention complex in Thailand.Krist Boo, Vice President for Communications for the company, t ...
According to the latest information, a question about the recently announced proposal for the construction of casinos outside Atlantic City is not likely to be included in this November’s ballot.The bill, which is sponsored by Assemblyman Ralph Caputo, calls for the est ...
Swedish gambling operator Cherry AB (plc) announced that that it had purchased a 71% stake in Malta-based online casino company Almor Holding Limited. The acquisition is effective as of July 1 and the latter company will be consolidated within Cherry’s accounts.The 71% ...
Cherokee Casino & Hotel Roland in the town of Roland, Oklahoma officially opened doors on Wednesday, July 1. The property is the eighth gambling venue owned and managed by the Cherokee Nation. The Wednesday ribbon-cutting ceremony was attended by Roland residents, tribal ...
Binghamton City Council members approved late on Tuesday the city’s application for the sole Southern Tier casino license that would allow it to host a new gambling venue.As previously reported, the New York State Gaming Commission is to award a casino license for the S ...
Macau’s Gaming Inspection and Coordination Bureau released information about the gambling revenue generated by the city’s six casino operators in June. It dropped 36.2% year-on-year to MOP17.4 billion compared to the MOP27.22 billion reported in June 2014.Revenue at Asi ...
Gambling debates in Maine might be renewed later today, after a bill that would have authorized the launch of a racetrack and casino venue in the southern part of the state was rejected by the Senate last week.Gambling supporters gathered together on Monday to urge the state ...
Judge Michael Kaplan of the Trenton Bankruptcy Court said on Monday that he would give his approval for the liquidation plan that would bring the shuttered Revel casino in Atlantic City out of its Chapter 11 bankruptcy protection. According to Judge Kaplan, this would hopefully c ...
Betsson AB, a Swedish gambling operator, announced earlier today that it is to purchase Georgia-based privately-owned gaming company Europe-Bet. The latter entity is holding a Georgian license and is targeting the country’s regulated market, as it presents similar condition ...
Trump Entertainment Resorts, owner of Atlantic City’s Trump Plaza casino, which was shuttered in September 2014, announced that it would keep it closed for the next decade or so in an attempt to avoid higher taxes.The gambling operator submitted a deed restriction for i ...
Gambling operator MGM Resorts submitted a few days ago a new construction schedule for its $800-million casino project in Springfield. The developer asked the Massachusetts Gaming Commission for a permission to postpone the opening of the gaming property to September 2018. Follow ...
Bill Peduto, Mayor of Pittsburgh, said on Friday that he would start legal proceedings against the Intergovernmental Cooperation Authority (ICA), unless it releases the amount of $11.4 million in casino money by the end of June.Generally speaking, the ICA is in charge of the ...
Prominent Macau junket figure Cheung Chi-tai has been put under arrest after a lengthy money laundering investigation. Mr. Cheung has been suspected of laundering about HK$1.8 billion (US$232.2 million) via his bank accounts in Hong Kong.Mr. Cheung is known to have been a maj ...
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