Macau’s Chief Executive Promises Economic Diversification
Fernando Chui Sai On, the current Chief Executive of Macau, stated that his administration will do its best to make the financial system of the administrative region less dependent on…
Author: Terry Davis
Terry Davis has contributed a wide-ranging archive of gambling news to Casino News Daily. His work spans casino regulation, gaming suppliers, industry revenue and cryptocurrency developments, alongside poker and sports coverage.
Paul Phua’s Trial Gets a New Date
Earlier this week, it was reported that popular high-stakes poker player Wei Seng ‘Paul’ Phua’s trial has been postponed for a later date. It appears that the judge in charge…
Las Vegas Sands’ Issuer Default Rating Upgraded to ‘BBB-‘
Fitch Ratings Inc. announced that it had upgraded the so-called Issuer Default Rating for the well-known gambling operator Las Vegas Sands Corp. from ‘BB+’ to ‘BBB-‘. The upgrade also concerns…
The Mashpee Wampanoag Tribe Optimistic about Its Casino Project
The Mashpee Wampanoag tribe has been trying to build its casino in Massachusetts for years. And earlier this month, its people finally received good news for the future of the…
Investment Analysts Suggest that Galaxy Macau Phase 2A’s Launch May Be Delayed
A few days ago, investment analyst Cameron McKnight of New York-based Wells Fargo Securities LLC released a note suggesting that Galaxy Macau Phase 2A’s launch might be postponed to May…
Louis XIII Holdings Ltd. Sells Shares in Cotai Hotel and Casino Project
Chinese President Xi Jinping ended his two-day visit in Macau by reiterating his cautionary advice that the administrative region should try to boost its economy with activities that do not…
Mohsin Charania Finishes First at the WPT Five Diamond World Poker Classic
The World Poker Tour Five Diamond World Poker Classic, held at the Bellagio in Las Vegas between December 15-20, has its champion. His name is Mohsin Charania and he captured…
Gov. Cuomo Celebrates with Schenectady after Its Casino Gets the Nod
Andrew Cuomo, the current governor of New York, congratulated Schenectady for being one of the three places within the territory of the state where a new gambling venue is to…
Andrey Zaichenko Finishes First at the 2014 PokerStars EPT Prague €10,300 High Roller
The 2014 PokerStars.com European Poker Tour Season 11 Prague €10,300 High Roller, held at the Hilton Prague Hotel, ended in December 17. Russian poker player Andrey Zaichenko emerged victorious after…
The Dispute between Tutor Panini and MGM Resorts Resolved
A few days ago, it was announced that a last-minute agreement was reached between Tutor Perini Corporation, the general contractor of CityCenter, located in Las Vegas, and MGM Resorts International.…
Stephen Graner Finishes First at the 2014 PokerStars EPT Prague Main Event
The 2014 PokerStars.com European Poker Tour Season 11 has wrapped up its Prague Main Event. It attracted a total of 1,107 players. And it was Stephen Graner who emerged victorious…
Californian Tribe Completes First Phase of New Casino Construction
Yesterday, the Jamul Indian Village and gaming operator Penn National Gaming announced that the excavation phase of their project for an Indian casino, situated on the territory of the village…
Mike Puccio Finishes First at the HPT Ameristar Casino Hotel East Chicago Event
The Heartland Poker Tour has just wrapped up its second event of Season 11. It was held at Ameristar Casino Hotel East Chicago. A total of 498 players took part…
Stephen Rigby Is the New President and CEO of Ontario Lottery and Gaming Corporation
Stephen Rigby has just been appointed as the new chief executive officer and president of the Canada-based Ontario Lottery and Gaming Corporation (OLG). The announcement has come almost one year…
Nevada Gold & Casinos Posts Its Q2 Financial Results
Yesterday, Nevada Gold & Casinos, Inc. announced its financial performance for the second quarter of the current fiscal year. The company posted a slight increase in net revenue, totaling $16.4…
Analysts Not Sure about the Success of the $7.1-Billion Saipan Casino Project
In August, Asian investor Imperial Pacific International was awarded a 25-year license for the construction and operation of a casino on Saipan, the largest of the Northern Mariana Islands. According…
Revel Has a New Buyer
Yesterday, December 12, a bankruptcy judge canceled the deal for the purchase of Atlantic City-based Revel Casino Hotel. The gambling venue, which is currently closed down, was to be sold…
Major Neptune Investor Wanted By Hong Kong Police
Hong Kong police is investigating Cheung Chi-tai, an important figure in one of Macau’s most popular gambling operators. Mr. Cheung, who is known to be one of the company’s major…
Amaya Headquarters Raided by the Canadian Police
It has just been announced that officers of the Royal Canadian Mounted Police (RCMP) and the Autorité des Marchés Financiers (AMF) raided the headquarters of Montreal-based Amaya Gaming. It also…
The Illinois Lottery Parts Ways with Northstar Lottery Group
Earlier this week, it was announced that the Illinois Lottery and its operator Northstar Lottery Group have decided to part ways. The reason for their split is the fact that…
Global Gaming Asset Management Allowed to Sell Bloomberry Shares
World-famous operator of integrated resorts Global Gaming Asset Management (GGAM) announced that it was allowed to sell its shares in the Philippine-listed Bloomberry Resorts Corp. Earlier today, Bloomberry stated in…
No Gaming Licenses Will Be Issued in the Philippines Before Mid-2016
Cristino Naguiat, CEO of the Philippine Amusement and Gaming Corporation, stated that the local gaming regulator will not issue any casino licenses over the following eighteen months. In other words,…
Jake Bazeley Finishes First at the WSOP Circuit Harrah’s Cherokee $1,675 Main Event
Recently, the 2014/2015 World Series of Poker Circuit wrapped up its $1,675 Main Event, which was held at Harrah’s Cherokee in North Carolina. Jake Bazeley, a 31-year-old poker pro from…
Genting’s New York Casino Project Faces Strong Local Opposition
Only a week before the New York casino selection panel’s announcement about which four of all sixteen bidders will be awarded licenses, it seems that Genting’s project is meeting the…
New Jersey Senators Introduce New Lottery and Casino Tax-Related Bills
It has become a tradition for Chris Christie, Governor of the state of New Jersey, to annually revise with his cabinet the taxes that are imposed on people who have…
Global Cash Access Gets Closer to the Acquisition of Multimedia Games
Last week, Global Cash Access, the renowned provider of various casino cash products, announced that it was another step closer to the acquisition of Multimedia Games, Inc., a Texas-based manufacturer…
PokerStars Coalition Opposes Gatto’s Legislation
Californian PokerStars coalition has publicly responded to Assemblyman Mike Gatto’s legislation that was introduced last week. It seems that the coalition, which unites three local card clubs as well as…
New Casino Opens Doors in Lake Charles on December 8
It has just been announced that the long-awaited launch of the Golden Nugget casino in Lake Charles, Louisiana, will take place on Monday, December 8. Tilman Fertitta, a well-known businessman,…
Hard Rock Hotel & Casino Sioux City with a Decrease in Revenue
Hard Rock Hotel & Casino Sioux City posted its financial report for November, 2014. According to it, the turnover of the Iowa-based venue fell to $5.8 million. This has been…
Wilson Calixto Finishes First at the Brazilian Series of Poker Main Event
The Brazilian Series of Poker, held between November 27 and December 4 at the Sheraton Sao Paulo WTC Hotel, has its big champion. His name is Wilson Calixto and he…