Earlier today, Caesars Entertainment Operating Company, which is a subsidiary of popular casino operator Caesars Entertainment Corporation, filed a petition for restructuring under Chapter 11 of the U.S. Bankruptcy Code.However, it was announced that Horseshoe Casino Cincinna ...
Earlier today, Nomura Holdings, a prominent Japanese provider of various financial services, released a special note, in which it was reported that David Group, one of Macau’s top junket operators, is very likely to close its VIP rooms, due to the lower profits that were ge ...
It was reported that City of Dreams Manila will probably have its official launch on February 2. It seems that a ticket company, which is related to an investor in the gambling venue, advertises tickets for the grand opening.Back in December, the Philippines-based casino had ...
A legislation has been filed by State Senator Earline S. Rogers (D-Gary), concerning the authorization of Indiana’s ten riverboat casinos, that are currently permanently made fast to the bank, to be moved to nearby land-based sites.As it was pointed out, the so-called S ...
It seems that the stricter transit visa rules that were imposed last year will continue to affect Macau’s gambling industry in 2015 as well. Japanese financial holding company Nomura Holdings, Inc. pointed out in a note that was released earlier today that some well-known h ...
Earlier today, popular casino magnate Lawrence Ho Yau Lung shared with local media that he was still not aware how many gaming tables his integrated resort Studio City will offer to its visitors once it opens doors. Yet, he stated with a degree of certainty that the US$3.2-billio ...
A few days ago, the Ontario Lottery and Gaming Corp. launched its PlayOLG.ca gambling site. It seems that the introduction of the online platform had Alberta officials consider the future of online gambling in the province.Jody Korchinski, a spokeswoman for the Alberta Gaming ...
It was announced that the decrease in revenue sharing has already affected LaPorte County in quite a negative manner. Due to this, Commissioners Vidya Kora and Mike Bohacek were given the important task to discuss the matter with legislators from both Washington D.C. and Indianap ...
Wells Fargo Securities, LLC, a subsidiary company of Wells Fargo & Co. dealing with investment banking and various other financial services, released a report on New York-based gaming operator Scientific Games Corp.’s acquisition of Bally Technologies and the likely ben ...
The 9th London Affiliate Conference (LAC) will take place between January 31 and February 3. Last year, the event attracted more than 100 exhibitors and sponsors and more than 3,000 attendees. Due to the great interest it excited, organizers decided to move it to a new, more spac ...
Earlier today, Hong Kong-based stock broker UBS Securities Asia Ltd. released a note concerning the likely performance of Macau’s gambling operators on the market in 2015. According to the company, Galaxy Entertainment Group Ltd. will probably generate the most substantial ...
A few months ago, PokerStars announced that it would increase the rakes on all the games and tournaments it offers to its players. It seems, however, that the world’s biggest online poker cardroom has decided otherwise. In other words, no rake increases will be implemented ...
Representative of Malaysia’s opposition party demanded that an investigation, concerning the Minister of Home Affairs’ letter to Mark Giuliano, Deputy Director of the FBI, should be carried out. As previously reported, Minister Ahmad Zahid Hamidi claimed in this lette ...
The Maryland Lottery and Gaming Control Agency released a report on December revenues from gambling activities in the state. According to the results posted, a total of $85,6 million were generated during the last month of 2014.Hollywood Casino Perryville earned the amount of ...
In October 2013, members of Las Vegas-based Culinary Workers Union Local 226 were arrested due to civil disobedience in front of The Cosmopolitan. More than a year later, the venue has its new owners and things seem to be quite different.The 2,995-room property that also offe ...
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