Australian hotel and casino operator Crown Resorts today announced that it had locked several asset divestment deals and that it will be using proceeds from these to reduce its debt.Over the past year, the company has gradually disposed of its international assets in a bid t ...
A long-delayed vote on the legalization of a number of gambling options was delayed once again by Brazilian lawmakers, local media reported. Members of the Brazilian Senate’s Constitution and Justice Commission were expected to finally cast their votes on a related legislative pi ...
Brazilian lawmakers are set to vote on a bill that calls for the legalization and regulation of a number of gambling services in the country. Members of the Senate’s Constitution and Justice Commission are set to cast their votes on the legislative piece today, December 13, after ...
One of the hotels at City of Dreams Macau, an integrated resort operated by Hong Kong businessman Lawrence Ho’s Melco Resorts & Entertainment, will be rebranded early next year, a message on its official website reads.Crown Towers will begin operating as Nüwa from Januar ...
The insider trading trial involving former Amaya CEO David Baazov and two other individuals officially began on Monday. The businessman and his co-accused appeared in Québec court yesterday for the first hearing within what has been billed as Canada’s biggest insider-trading case ...
The Maltese government has recently approved a measure that would allow for betting on events, including sports ones, to be exempt from Value Added Tax, local news outlet Times of Malta reported. The measure will come into force on January 1, 2018.According to a publication ...
The Barclay brothers have reportedly been considering the sale of The Ritz Club in London. The Times reported today that the businessmen have appointed gaming advisory boutique Oakvale Capital to run the sale process on their behalf.The two brothers have declined to comment ...
The European Commission announced on Thursday that it is dropping all infringement procedures against Member States in relation to online gambling. The institution explained that it has always tried to pursue its political priorities and this approach has been reflected in its tr ...
Gambling boss Teddy Sagi is planning to invest $3 million into a smart energy start-up, it has emerged. Sagi, an Israeli-born businessman, is the founder of gambling software developer Playtech and has also recently invested in a number of other technology and real estate busines ...
Better use of the Atlantic City International Airport, the addition of more non-gambling entertainment services, and expansion of existing convention space are among the options that are believed to hold potential to help Atlantic City revitalize its casino industry, city casino ...
The upcoming opening of the MGM Cotai integrated resort is expected to boost leasing demand in Macau as more foreign gambling executives will flock to the city, the South China Morning Post reported today citing real estate specialist JLL.The consultancy also expects a rise ...
A report commissioned by the Remote Gambling Association (RGA) and compiled by Portuguese consultancy firm Eurogroup Consulting found that 68% of all Portuguese who gamble online have been doing this on unregulated websites since the introduction of the country’s new regulatory r ...
A New Jersey lawmaker introduced in late November a bill that, if passed by the state Legislature, would allow locally licensed iGaming operators to accept international players from countries where online gambling is legal.In addition, the bill would scrap a previous provisi ...
The government of Greece is planning to vote on a bill that would, among other things, allow for the construction of new casinos in popular tourism hubs around the country and for the relocation of existing gambling venues.The casino expansion and relocation provisions come ...
The owner of Virgin Islands’ Caravelle Hotel & Casino has recently confirmed the addition of two hotels to its operations. Both hotels – King Christian Hotel and Company House Hotel – are located in Christiansted, known to be the largest town on the Saint Croix island.Th ...
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