Wynn, Genting Settle on Casino Resort Design Dispute

Wynn, Genting Settle on Casino Resort Design Dispute

by January 29, 2019

Wynn and Genting have settled their copyright infringement dispute over the design of Resorts World Las Vegas off-courtGaming and hospitality companies Wynn Resorts and Genting Group announced on Monday that they have reached a settlement agreement on a copyright infringement ...

New York Hedge Fund Buys Ocean Resort Casino

New York Hedge Fund Buys Ocean Resort Casino

by January 29, 2019

A New York private investment firm has been identified as the new owner of the ailing Boardwalk hotel and casino resortNew York-based hedge fund Luxor Capital Group has been revealed as the mysterious buyer of Atlantic City’s Ocean Resort Casino after several weeks of specula ...

MGM’s Bid to Buy Empire City Casino Could Get Regulatory OK Today

MGM’s Bid to Buy Empire City Casino Could Get Regulatory OK Today

by January 28, 2019

MGM-Empire City Casino deal could get the go-ahead today, securing the Las Vegas powerhouse’s entry into the local gambling marketThe New York State Gaming Commission is expected to approve today during a scheduled regular meeting MGM Resorts International’s proposed acquisit ...

Cyprus’ First Casino Resort Instrumental For Nation’s Tourism Product, Minister Says

Cyprus’ First Casino Resort Instrumental For Nation’s Tourism Product, Minister Says

by January 26, 2019

Melco CEO visits Cyprus to brief tourism officials on performance of nation’s first casinos and plans about the future full-scale integrated resort in LimassolCyprus’ first casino resort is of great importance to the island’s tourism product, Savvas Perdios, the tiny Mediterr ...

Genting Granted Leave to Start Judicial Review of MoF Tax Incentives Decision

Genting Granted Leave to Start Judicial Review of MoF Tax Incentives Decision

by January 25, 2019

The major casino company is appealing a tax incentives decision of the Ministry of Finance concerning its Resorts World Genting redevelopment planCasino operator Genting Malaysia Berhad has been granted a leave for the commencement of a judicial review of a decision of the M ...

Belgium Could Fine Betway for Lack of Transparency, License Violations

Belgium Could Fine Betway for Lack of Transparency, License Violations

by January 25, 2019

Betway facing fine, further sanctions in Belgium over cumulative license and lack of transparency regarding its ownersThe Belgian Gaming Commission has started a sanction procedure against online gambling operator Betway, local news outlet De Tijd reported Thursday citing inf ...

Pansy Ho Forms Shareholder Alliance to Tighten Grip on Macau Casino Operator SJM

Pansy Ho Forms Shareholder Alliance to Tighten Grip on Macau Casino Operator SJM

by January 24, 2019

Pansy Ho, daughter of Macau casino king Stanley Ho, joins SJM Holdings shareholder alliance to secure controlling stake in the companyHong Kong businesswoman Pansy Ho has formed a strategic partnership to secure a controlling stake in her father’s casino empire SJM Holdings. ...

New Jersey Regulator Fines Online Casino for Underage Gambling

New Jersey Regulator Fines Online Casino for Underage Gambling

by January 24, 2019

PlaySugarHouse online casino gets in trouble, agrees to pay $30,000 underage gambling fine in New JerseyThe New Jersey Division of Gaming Enforcement has slapped a $30,000 fine on the operator of the PlaySugarHouse online casino for letting underage players gamble for over a ...

Fox, Disney Countersue Genting over Failed Theme Park at Casino Resort

Fox, Disney Countersue Genting over Failed Theme Park at Casino Resort

by January 23, 2019

Fox and Disney are seeking damages from the gambling and hospitality group in a legal battle over failed theme park projectFox Entertainment Group, Twenty-First Century Fox and The Walt Disney Company have filed a countersuit against Genting Malaysia Bhd, the Malaysian gaming ...

Melco’s Macau Casino Resorts Sold Out for Lunar New Year, CEO Says

Melco’s Macau Casino Resorts Sold Out for Lunar New Year, CEO Says

by January 23, 2019

Melco’s Macau integrated resorts fully booked for Lunar New Year; CEO downplays gaming revenue dip projectionsMelco Resorts & Entertainment’s Macau properties are sold out for the upcoming Lunar New Year holidays, CEO Lawrence Ho said earlier today in an inter ...

Virginia’s Casino Legalization Bill Passes First Legislative Hurdle

Virginia’s Casino Legalization Bill Passes First Legislative Hurdle

by January 22, 2019

A bill calling for the legalization of casino gambling in Virginia survived on Monday its first legislative hurdleThe Virginia Senate Committee on General Laws and Technology voted on Monday to advance a casino legalization bill that aims to bring casinos to up to five cities ...

Curaçao-Licensed Online Casino Operator Leaks Player Information

Curaçao-Licensed Online Casino Operator Leaks Player Information

by January 22, 2019

Sensitive details about players of casinos owned by Cyprus-based Mountberg Ltd. were left unprotected, security researcher findsA Curaçao-licensed online casino operator has accidentally leaked sensitive player information, ZDNet reported on Monday citing security researcher ...

Harrah’s Philadelphia to Soft-Launch Pennsylvania’s Sixth Sportsbook on Jan. 22

Harrah’s Philadelphia to Soft-Launch Pennsylvania’s Sixth Sportsbook on Jan. 22

by January 21, 2019

Harrah’s Philadelphia becomes the fourth casino in the Philly area to go live with in-person sports bettingCaesars’ Harrah’s Philadelphia is set to go live with sports betting this Tuesday, January 22, right in time for the upcoming Super Bowl, which traditi ...

Vietnam’s First Casino to Allow Locals to Gamble Now Operational

Vietnam’s First Casino to Allow Locals to Gamble Now Operational

by January 20, 2019

Corona Resort and Casino opens doors in Phu Quoc to become Vietnam’s first casino to allow locals to gambleVietnam’s first casino to allow locals to gamble opened doors this weekend in Phu Quoc, known to be the country’s largest island. Corona Resort and Cas ...

Wynn Macau Wins Gambling Debt Lawsuit against Malaysian Gambler

Wynn Macau Wins Gambling Debt Lawsuit against Malaysian Gambler

by January 19, 2019

In an unprecedented move, Malaysian court allowed Wynn Macau to collect its dues from a gamblerA Malaysian court sided on Friday with Wynn Macau in a multi-million-dollar lawsuit against a fund manager who had gambled at the Macau-based casino and had owed it millions of doll ...