Needless to say, the gambling sector of New Jersey is experiencing major financial hurdles and regardless of authorities’ efforts, the consequences of the closures of the four casinos last year and the problematic economy in general cannot be easily overcome.In point o ...
888 Holdings, the company that is running several high-profile gaming websites, revealed information about its full-year revenue and according to the data reported, the revenue increased by 14%. As for the profits, a growth of 33% was reported YOY.Company executives attribute ...
As previously reported, the Philippines-based casinos have all chances of becoming the most attractive gambling hub in Asia. It seems like the country has not been affected by the crisis the Asian gambling sector and Macau in particular, is experiencing.Actually, the Philipp ...
The question about the disputable Point of Consumption tax is back on the agenda and today the legal battle is going to continue. The Gibraltar Betting and Gaming Association has submitted a legal bid aiming at making the implementation of the Point of Consumption tax invalid. ...
Mere hours ago, executives of Borgata Hotel Casino & Spa filed a lawsuit that aims at preventing Atlantic City from borrowing the sum of $43 million necessary for repayment of the loan the state has. Its due date is March 31st and apparently, officials are pressed for time. ...
It seems like Elaine Wynn has not given up on her battle and apparently she would do her best in order to be re-elected as a board member since Steve Wynn, the CEO of Wynn Resorts, put considerable amount of efforts in unseating her from the board of directors. Elaine Wynn is a c ...
The Chief Executive of Sky Betting and Gaming, Richard Flint commented on the upcoming business ventures of the company and said that the joint efforts of company’s executives were going to make Sky even more recognizable brand and further consolidate its positions on the U ...
Mere hours ago, it was announced that Sun International and Peermont Group have reached an agreement and the latter is to be acquired by the South African hotel chain for the sum of R9.5 billion or $775 million.Apart from that, both parties agreed on settling the objection, r ...
Mere hours ago, Bloomberry Resorts Corporation, a leading company on the Asian gambling market and in the Philippines in particular, revealed information about its financial performance during the previous year.The company manages the Solaire Resort & Casino that takes p ...
The Chairman of the Quapaw Tribe, which manages the Downstream Casino, announced that casino executives have decided to abandon their plans for submitting a proposal for establishment of a casino near Pittsburg, Kansas.Actually, the casino owner Phil Ruffin and the Quapaw Tri ...
A representative of the popular developer of hardware and software casino solutions, Genesis Gaming, announced that the company has obtained a Remote Gambling Software License, which, therefore, makes the availability of its products on the gambling market of the United Kingdom p ...
An agreement between the World Poker Tour officials and the popular Amsterdam-based Holland Casino was signed mere days ago. According to the clauses the agreement contains, WPT and Holland Casino will work in collaboration for the next four years. The annual WPT Main Tour as ...
It is a common knowledge that the closure of the four Atlantic City-based casinos led to serious economy issues and left hundreds of people unemployed. Local officials have been trying to relief the situation but their efforts were not quite successful.Meanwhile, a proposal ...
According to the information released by representatives of the Seminole Tribe of Florida, state citizens approve of the agreement that is to be inked between the tribe and the Florida gambling officials.A poll conducted among 600 residents shows that the majority of them sup ...
The popular junket operator Suncity, which has been hosting VIP gambling rooms in Macau casinos for a long time, announced that it is about to start a new venture.Representatives of the most popular junket operator revealed that executives are willing to further expand the b ...
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