Genting Subsidiaries Sell $1 Billion Bond to Finance Vegas Casino Construction

Genting Subsidiaries Sell $1 Billion Bond to Finance Vegas Casino Construction

by April 3, 2019

Resorts World Las Vegas owner sells $1 billion bond to finance its construction; property on track for late 2020 openingTwo subsidiaries of Malaysian casino and hospitality giant Genting Bhd priced on Tuesday $1 billion senior notes to fund the construction of Resorts World L ...

Wynn Executives Concealed Sexual Misconduct Allegations against Steve Wynn

Wynn Executives Concealed Sexual Misconduct Allegations against Steve Wynn

by April 3, 2019

Top-level Wynn Resorts employees concealed key information about former boss Steve Wynn when the company was applying for a Boston casino licenseWynn Resorts executives intentionally concealed sexual misconduct allegations against the company’s founder and former boss, Steve ...

Melco Awards Cyprus Casino Resort Construction Contract

Melco Awards Cyprus Casino Resort Construction Contract

by April 3, 2019

A joint venture of Greek companies was awarded the construction contract for the City of Dreams Mediterranean casino resortIntegrated Casino Resort Cyprus Ltd. (ICR Cyprus) awarded Tuesday the concession for the construction of what would be the Republic of Cyprus’ first inte ...

MGM Completes MGM Northfield Park Acquisition, Rebrand

MGM Completes MGM Northfield Park Acquisition, Rebrand

by April 2, 2019

MGM acquires Hard Rock Rocksino Northfield Park’s operating assets to add another gambling property to its ever-growing portfolioMGM Resorts International announced Monday that it has completed the acquisition of the operating assets of Hard Rock Rocksino Northfield Park from ...

Virgin Pushes Back Hard Rock Las Vegas Transformation

Virgin Pushes Back Hard Rock Las Vegas Transformation

by April 2, 2019

Property officials said they did not want to compete with the disruption of the upcoming presidential electionSir Richard Branson’s Virgin Hotels has pushed back the start of the transformation of Hard Rock Hotel & Casino Las Vegas into Virgin Hotel Las Vegas to immediate ...

Two Arkansas Race Tracks Launch Full-Scale Casinos Today

Two Arkansas Race Tracks Launch Full-Scale Casinos Today

by April 1, 2019

Arkansas officially joins today the list of US states where commercial casino gambling is legal and availableTwo state race tracks are set to launch today full-blown casino gambling offering after their license applications were issued by the Arkansas Racing Commission late l ...

Delaware North Cuts Ties with West Virginia Betting Partner

Delaware North Cuts Ties with West Virginia Betting Partner

by March 31, 2019

Delaware North parted ways with its wagering partner after unexpected sports betting outage at its two West Virginia casinosCasino operator Delaware North is ending its contract with its sports betting partner after its two land-based casinos in West Virginia and its mobile b ...

Sydney Officials At Odds With Casino Companies over Proposed Towers

Sydney Officials At Odds With Casino Companies over Proposed Towers

by March 31, 2019

Sydney officials call Crown and The Star hotel and casino towers projects “scandalous abuse” of planning lawsTwo hotel and casino tower projects have drawn the ire of the City of Sydney, with a key city official calling both schemes a “two-fingered salute” to the city, the Sy ...

Two More Casinos Angling to Enter Pennsylvania’s Sports Betting Space

Two More Casinos Angling to Enter Pennsylvania’s Sports Betting Space

by March 30, 2019

Two more casinos have tossed their sports betting hats in Pennsylvania, the state Gaming Control Board said FridayThe regulator revealed that Mount Airy Casino Resort and Mohegan Sun Pocono have both submitted their applications to operate sports betting in addition to their ...

The Star Sues Singaporean Baccarat High Roller for A$43.2 Million

The Star Sues Singaporean Baccarat High Roller for A$43.2 Million

by March 29, 2019

Dr. Wong said that he had amassed the enormous losses at The Star Gold Coast casino due to a dealer’s repeated mistakesAustralian casino operator The Star Entertainment Group is suing a Singaporean high roller for A$43.2 million he purportedly lost playing baccarat at the com ...

Hearing on Wynn Resorts Casino License Suitability Set for April 2

Hearing on Wynn Resorts Casino License Suitability Set for April 2

by March 29, 2019

MassGaming sets an April 2 adjudicatory hearing on Wynn Resorts’ suitability to hold a gaming license in MassachusettsThe Massachusetts Gaming Commission will hold a public hearing on the suitability of Wynn Resorts to operate a casino resort in the Greater Boston area next w ...

Borgata Casino Forfeits $107,000 to NJ Gambling Regulators

Borgata Casino Forfeits $107,000 to NJ Gambling Regulators

by March 28, 2019

The Borgata has forfeited more than $107,000 in winnings it has confiscated from self-excluded and underage gamblersThe New Jersey Division of Gaming Enforcement has seized more than $107,000 from underage and self-excluded gamblers at the Borgata Casino in Atlantic City. The ...

GVC Treats Boss Kenny Alexander to Additional Stock

GVC Treats Boss Kenny Alexander to Additional Stock

by March 28, 2019

GVC Holdings’ boss reassured investors of his long-term commitment to the company after getting £2.5 million worth of sharesGVC Holdings has awarded its boss £2.5 million worth of shares nearly three weeks after he slashed his personal stake in the company and gave the shiver ...

Dover Downs, Twin River Merger to Close March 28

Dover Downs, Twin River Merger to Close March 28

by March 27, 2019

Twin River to expand to the Mid-Atlantic region with the addition of Dover Downs Hotel & Casino to its portfolio of propertiesDover Downs Gaming & Entertainment’s shareholders approved Tuesday the company’s proposed merger with Twin River Worldwide Holdings. The deal ...

Intralot Dumps Polish Betting Business to Focus on US Expansion

Intralot Dumps Polish Betting Business to Focus on US Expansion

by March 26, 2019

Intralot sells Polish business to focus on US expansion; Gauselmann Group secures entry into Poland’s sports betting marketGreek gambling group Intralot today announced that it has entered into an agreement to sell its Totolotek SA sports betting business to the Gauselmann Gr ...