Atlantic City has long been considered the gambling Mecca of the East Coast but last year, things went in the wrong direction when four casino venues filed for bankruptcy and a fifth one narrowly escaped closure. As a result, the economy of New Jersey and Atlantic City, in partic ...
The Supreme Court came out with a ruling that the profit of Philippine Gaming Corp. (PAGCOR), which was generated from the company’s gaming operations, can not be subjected to corporate income taxes. The Court ruled that the above-mentioned company’s income can be sub ...
Yesterday, the Las Vegas Convention and Visitors Authority announced that a board meeting will be held on Friday, February 20th. The reason for such a meeting is the popular Strip resort and its acquisition in particular.The acquisition is estimated to cost $182.5 million. A ...
Mere hours ago, it was announced that a deal between Stronach Group and TVG has been signed. TVG is a subsidiary of the popular provider of various gaming-related products and services Betfair.The deal in question concerns the ownership of the horseracing television network, ...
The affiliate of the Malaysia-based conglomerate Genting Bhd – Genting Hong Kong Ltd – has made an update of the profit warning it posted earlier in February. The company reduced the projected 2014 profit decline and forecast a maximum of 36.7% for the period.The subsidiary ...
The chief executive of NetEnt, Per Eriksson, has recently announced that currently, the supplier is considering entering the Asian and Latin American gambling sectors but at the same time NetEnt officials are willing to consolidate its positions on the European gambling market. ...
Mere hours ago, representatives of MGM China Holdings Ltd revealed that a special bonus will be given to the non-management team that is in charge of the Macau-based casino.However, the special statement, released to provide details about the bonus payment, did not reveal who ...
It does not seem like OPAP, the popular Greek gaming company, abandoned its intention to revitalize the gambling segment of the country by providing new, attractive gaming features to local players.Company’s representatives announced that a new “Play” gaming hall networ ...
It has became clear that Brockton residents will have the final say as to whether a casino to be established in the area of not.Local authorities have already figured out the state deadline and attracted more proponents. The majority of lawmakers as well as the Mayor support ...
It seems like Playtech officials have not abandoned their plans for making the company a thriving one. Playtech’s iPoker network has recently introduced a widened variety of products compatible with mobile devices.Executives’ aim is providing players with utmost g ...
Robert Bentley, the Governor of Alabama, announced that the state Legislature will have to deal with a serious financial issue. Next month, Alabama officials will get back to work and they will have to find a solution to the shortfall amounting $700 million.Mr. Bentley also a ...
The former Chief Technology Officer of the Sweden-based media company Modern Times Group – Mr. Per Norman – has been reported as the new President and Chief Executive Officer of the online gambling company Mr Green. Mr. Norman is to succeed the departing Mikael Pawlo at the posit ...
The name of the investor that will be given the permission to build an integrated resort in Quảng Ninh, is expected to be announced anytime soon.The Committee, which is in charge of choosing the investors for both the Van Don airport and the casino complex, have to make thei ...
The main representative of Beijing in Macau – Li Gang – shared over the sidelines of a cocktail party to celebrate the Chinese New Year that “an interim development period” had started in the casino industry of the administrative region. According to the official, such a temporar ...
PlanetWin365 officials announced that they will enter the Italian gambling market sooner than expected. The platform obtained more than 1,000 land-based licenses as a part of a deal, which was said to be “revolutionary” for the Italian gambling segment.Thomas Smallwood , the ...
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