Carl Icahn Reportedly Building Stake in Caesars

Carl Icahn Reportedly Building Stake in Caesars

by January 12, 2019

The billionaire investor is reportedly building a stake in Caesars less than a year after he sold Tropicana EntertainmentNew York billionaire activist investor Carl Icahn is quietly building a stake in Las Vegas casino and hospitality giant Caesars Entertainment Corp., CNBC&# ...

Resorts World Las Vegas to Look “Dramatically Different” from Wynn Properties

Resorts World Las Vegas to Look “Dramatically Different” from Wynn Properties

by January 11, 2019

Genting promises that its first Las Vegas casino resort will look nothing like neighboring Wynn Las Vegas and EncoreMalaysian hotel and casino operator Genting Group said today that its Resorts World Las Vegas integrated resort will look “dramatically different” from nearby W ...

Ocean Resort Casino Passed to a New Owner a Year after Previous Sale

Ocean Resort Casino Passed to a New Owner a Year after Previous Sale

by January 11, 2019

Ocean Resort Casino is changing hands amid persistent reports that it is threateningly close to facing a repeat of its previous financial woesThe property’s current owner, Colorado-businessman Bruce Deifik, confirmed Thursday that the property was in the process of bein ...

Ocean Resort Casino Drifting in Choppy Waters, Reports Suggest

Ocean Resort Casino Drifting in Choppy Waters, Reports Suggest

by January 10, 2019

The newly launched Boardwalk hotel and casino resort may be facing financial troubles, owner reportedly looks for buyersOcean Resort Casino could be tangled in heavy financial woes just six months after its opening, according to reports from multiple local media outlets. The ...

Oneida Nation, Caesars Offer Peek into Future New York Sportsbooks

Oneida Nation, Caesars Offer Peek into Future New York Sportsbooks

by January 9, 2019

Oneida Nation reveals details about future sportsbooks as sports betting legalization debate gains momentum in New YorkThe Oneida Indian Nation released on Tuesday renderings of th planned sportsbooks at its casinos across New York. The tribe unveiled last week a partnership ...

Okada Arrest Order Will Not Affect Manila Casino Resort’s Operations

Okada Arrest Order Will Not Affect Manila Casino Resort’s Operations

by January 8, 2019

Kazuo Okada arrest order will not impact Okada Manila’s operations and backdoor listing plans, Universal Entertainment saysUniversal Entertainment Corp. is positive that the recently issued order for the arrest of founder Kazuo Okada will have no impact on the operation ...

Downtown Grand Hotel & Casino Unveils Plan for New Hotel Tower

Downtown Grand Hotel & Casino Unveils Plan for New Hotel Tower

by January 8, 2019

Downtown Grand Hotel & Casino announces expansion project that will add a third hotel tower to the downtown Las Vegas propertyDowntown Grand Hotel & Casino unveiled on Monday plans to add a third hotel tower as downtown Las Vegas has been capturing more and more visit ...

Rutter’s Picks Penn National as Preferred Gambling Machine Operator

Rutter’s Picks Penn National as Preferred Gambling Machine Operator

by January 7, 2019

Penn National to operate slots-like gaming terminals at 20 Rutter’s locations, pending approval from the state Gaming Control BoardPennsylvania convenience store chain Rutter’s today announced that it has selected an affiliate of casino operator Penn National Gami ...

William Hill Secures Competition Clearance to Buy Mr Green

William Hill Secures Competition Clearance to Buy Mr Green

by January 7, 2019

William Hill’s proposed £242-million acquisition of fellow gambling operator Mr Green receives approvals from competition authoritiesBritish gambling operator William Hill announced today that it has received all the necessary approvals from competition authorities to a ...

Philippine Court Issues Arrest Order for Casino Boss Kazuo Okada

Philippine Court Issues Arrest Order for Casino Boss Kazuo Okada

by January 7, 2019

Philippine court orders the country’s police to arrest Japanese casino mogul Kazuo Okada on three counts of fraudA Philippine court has ordered the arrest of Japanese gaming tycoon Kazuo Okada after the country’s Department of Justice recommended last month the l ...

Pennsylvania’s Fourth Sportsbook Opens Doors at Parx Casino on Jan. 8

Pennsylvania’s Fourth Sportsbook Opens Doors at Parx Casino on Jan. 8

by January 6, 2019

Parx Casino to go live with in-person sports betting on January 8, mobile betting coming this springSports betting is arriving to another location after three Pennsylvania casinos launched physical sportsbooks late last year. News emerged this past Friday that Parx Casino in ...

Danville City Council Supports Casino Legalization Effort

Danville City Council Supports Casino Legalization Effort

by January 4, 2019

Danville City Council approves resolution that could bring casinos to at least three cash-strapped cities around VirginiaThe City Council of Danville, Virginia unanimously passed on Thursday a resolution to support a coordinated effort for the legalization of casino gambling ...

NYS Gaming Commission Cancels Meeting on MGM’s Yonkers Raceway and Empire City Casino Purchase

NYS Gaming Commission Cancels Meeting on MGM’s Yonkers Raceway and Empire City Casino Purchase

by January 3, 2019

The NYS Gaming Commission was expected to announce its decision on MGM’s Yonkers Raceway and Empire City Casino acquisition during today’s canceled meetingThe New York State Gaming Commission announced late last night that it has decided to cancel its Thursday mee ...

Hellinikon Casino License Tender to Commence within Weeks

Hellinikon Casino License Tender to Commence within Weeks

by January 3, 2019

Bidding process for €1-billion casino, part of Europe’s largest integrated resort project, to commence within weeksThe start of the bidding process for a casino license for the former Ellinikon International Airport near Athens, Greece is set to begin in the coming week ...

Cyprus Establishes Tourism Ministry to Oversee Tourism and Combat Seasonality

Cyprus Establishes Tourism Ministry to Oversee Tourism and Combat Seasonality

by January 3, 2019

Cyprus creates dedicated Tourism Ministry as the island nation prepares for launch of first integrated resort with a casino floorThe Republic of Cyprus has finally established a Tourism Ministry that will be assigned the task to oversee and regulate the island nation’s ...