Philippine National Bank Extends Loan for Second Solaire Casino Resort

Philippine National Bank Extends Loan for Second Solaire Casino Resort

by February 16, 2019

The Philippine National Bank has become one of the lenders supporting Bloomberry in its bid to build a second Solaire casino resortThe Philippine National Bank (PNB) has extended a PHP11.5 billion (approx. $219.7 million) loan to gambling and hospitality company Bloomberry Re ...

Tilman Fertitta Still Interested in Caesars Merger, Buys Stock in the Casino Giant

Tilman Fertitta Still Interested in Caesars Merger, Buys Stock in the Casino Giant

by February 16, 2019

Billionaire businessman Tilman Fertitta has bought a stake in gaming and hospitality giant Caesars Entertainment Corp., Bloomberg reports citing people familiar with the matterNews about Mr. Fertitta buying Caesars shares arrived a few months after the real estate mogul made ...

Parx Owner’s Mini-Casino Proposal Gets March 25 Public Hearing

Parx Owner’s Mini-Casino Proposal Gets March 25 Public Hearing

by February 15, 2019

The Pennsylvania Gaming Control Board today announced that it has set a March 25 public input hearing to collect testimony on the proposed establishment of a mini-casino near Shippensburg TownshipThe mini-casino project is being pitched by Greenwood Gaming and Entertainment, ...

Carl Icahn Reportedly Presses for Caesars Sale

Carl Icahn Reportedly Presses for Caesars Sale

by February 15, 2019

Billionaire investor Carl Icahn is planning to push Caesars to consider a sale, the Wall Street Journal reports citing people familiar with matterReports about Mr. Icahn pressing for the company’s sale emerge after it became known that he was quietly building a stake in the L ...

Genting’s Tax Incentives Judicial Review Gets May 30 Hearing Date

Genting’s Tax Incentives Judicial Review Gets May 30 Hearing Date

by February 14, 2019

The High Court of Kuala Lumpur set a hearing date for Genting’s application for a judicial review of its tax incentives agreement with the Finance MinistryThe Kuala Lumpur High Court today set a May 30 hearing for the application of casino and hospitality giant Genting Malays ...

Hard Rock Places Final Beam on New Yuba County Casino Resort

Hard Rock Places Final Beam on New Yuba County Casino Resort

by February 14, 2019

Enterprise Rancheria and Hard Rock held a topping off ceremony for their new Hard Rock Hotel & Casino Sacramento resortAfter a two-decade effort to bring a casino in Yuba County, California, the Estom Yumeka Maidu Tribe (Enterprise Rancheria) placed the final beam on what ...

Scientific Games Wins Bid to Power Turkey’s Sports Betting Operator

Scientific Games Wins Bid to Power Turkey’s Sports Betting Operator

by February 13, 2019

Scientific Games and a Turkish business conglomerate win the bid for the operation of Turkey’s state-owned sports betting brandA joint venture between a company owned by the Turkish Football Federation’s boss and US gambling giant Scientific Games has submitted the winning bi ...

Melco Selects GEK Terna and J&P Avax as Cyprus Casino Resort Contractors

Melco Selects GEK Terna and J&P Avax as Cyprus Casino Resort Contractors

by February 13, 2019

Melco picks major Greek construction companies as the preferred contractors for its first casino resort outside AsiaGreek construction companies GEK Terna and J&P Avax have been selected as the preferred contractors for the development of the first integrated casino resor ...

Former Ve Global CEO Heads AI-Powered Casino, Betting Business

Former Ve Global CEO Heads AI-Powered Casino, Betting Business

by February 12, 2019

The former head of tech company Ve Global is reportedly courting investors in a bid to raise $100 million to boost his brand new online gambling ventureMorten Tonnesen, who took over the reins of former tech unicorn Ve Global after its crash and burn in 2017, is now spearhead ...

Bloomberry Secures Funding for Quezon City Casino Resort

Bloomberry Secures Funding for Quezon City Casino Resort

by February 12, 2019

Bloomberry has been extended a loan to fund the development of a new Solaire-branded casino resort in Quezon CityTwo units of Philippine hotel and casino operator Bloomberry Resorts Corp. have secured a PHP40 billion (approx. $767 million) loan to fund the construction of an ...

Dover Downs Shareholders to Vote on Twin River Merger Next Month

Dover Downs Shareholders to Vote on Twin River Merger Next Month

by February 11, 2019

Dover Downs stakeholders to vote on proposed merger with fellow casino company Twin River at a special meeting on March 26Dover Downs Gaming & Entertainment shareholders will vote on the company’s proposed merger with Twin River Worldwide Holdings, Inc. at a special meeti ...

Stride Gaming Confirms News Reports about Potential Sale

Stride Gaming Confirms News Reports about Potential Sale

by February 11, 2019

Stride Gaming is considering a sale as part of an ongoing strategic growth review, the online casino and bingo operator revealed todayUK-based online gambling group Stride Gaming confirmed today that it has been reviewing a number of strategic options for its future growth, i ...

Philippine Company to Invest $1 Billion into Two Casino Resorts

Philippine Company to Invest $1 Billion into Two Casino Resorts

by February 10, 2019

A company owned by businessman Dennis Uy plans to spend close to $1 billion on two casino resorts and hotel expansionPH Resorts Group Holdings Inc. revealed plans to invest around $1 billion in the development of two casino resorts in the Philippines, local news outlet the Ma ...

Churchill Downs Launches Online Casino, Betting Website in New Jersey

Churchill Downs Launches Online Casino, Betting Website in New Jersey

by February 8, 2019

Gaming operator Churchill Downs Incorporated went live yesterday with online sports betting and casino gaming in New Jersey in partnership with Golden Nugget Atlantic CityThe company launched its BetAmerica betting and gaming platform that provides residents of the state with ...

Melco to Announce Cyprus Casino Resort Contractor Within Days

Melco to Announce Cyprus Casino Resort Contractor Within Days

by February 8, 2019

Three developers are bidding to build what would be the first integrated casino resort in the Republic of CyprusCyprus Casinos Ltd. is just days away from announcing the winning contractor for the construction of the City of Dreams Mediterranean integrated resort, business ne ...