Business Magnates Sheldon Adelson, Warren Buffett Clash Over Nevada Electricity Monopoly Ballot Question

Business Magnates Sheldon Adelson, Warren Buffett Clash Over Nevada Electricity Monopoly Ballot Question

by October 29, 2018

Casino boss Sheldon Adelson funnels $20 million into initiative aiming to break up Nevada’s electricity supply monopolyNevada has turned into an arena for a battle of billionaires as two business magnates are clashing over a constitutional amendment that aims to end the utili ...

Cayman Islands Legislators Table New Anti-Illegal Gambling Bill

Cayman Islands Legislators Table New Anti-Illegal Gambling Bill

by October 29, 2018

Cayman Islands lawmakers look to clamp down on illegal gambling with heftier finesCayman Islands lawmakers have indicated their intentions to ramp up efforts to crack down on illegal gambling with the recent introduction of a piece of legislation that, if adopted, would incre ...

Thai Police Gambling Raid Flops, Elderly Man in Custody

Thai Police Gambling Raid Flops, Elderly Man in Custody

by October 26, 2018

A massive joint operation of the police in Phuket and the Royal Thai Army has failed spectacularly as officers were conducting a raid on an illegal gambling den. On Thursday evening, local law enforcement raided the underground facility but the only person arrested was an elderly ...

Albanian Parliament Bans Sports Betting, Online Gambling

Albanian Parliament Bans Sports Betting, Online Gambling

by October 26, 2018

Following a decision to move casinos out of cities, Albania is now imposing a ban on sports wagering and other forms of gambling, which comes into force on January 1, 2019. In a Thursday vote, the Parliament passed a law prohibiting betting shops, slot machines parlors, and onlin ...

“No Casino” Policy for Boracay Needs Executive Order, Department of Justice

“No Casino” Policy for Boracay Needs Executive Order, Department of Justice

by October 25, 2018

The Philippines’ Department of Justice has said that in order to enforce his “no casino” policy on Boracay Island, president Rodrigo Duterte should issue an executive order. Such an act will be the fastest and most efficient method for halting the casino operations on the island, ...

Indian Police Arrests 500 Offenders for Gambling on Occasion of Hindu Festival

Indian Police Arrests 500 Offenders for Gambling on Occasion of Hindu Festival

by October 25, 2018

Police in the Indian state of Odisha has arrested more than 500 individuals for illegal gambling in the Ganjam and Jajpur districts. The arrests were a result of police raids in gambling dens organized on occasion of a popular Hindu festival, the Kumar Purnima.Authorities ha ...

MGM GVC Interactive Confirms Adam Greenblatt as CEO of the Joint Venture

MGM GVC Interactive Confirms Adam Greenblatt as CEO of the Joint Venture

by October 24, 2018

Following the creation of a joint venture in July 2018, MGM Resorts and GVC Holdings announced this week the appointment of Adam Greenblatt as the venture’s Chief Executive Officer. Greenblatt has previously served as Director of Corporate Development & Strategy for GVC Holdi ...

Fate of Europe’s First Integrated Casino Resort to be Decided by March 2019

Fate of Europe’s First Integrated Casino Resort to be Decided by March 2019

by October 24, 2018

As the bidding process for a Greek casino license has already started, only three American gambling companies have remained in contention for the planned €8 billion Elliniko integrated casino resort. Hard Rock, Caesars Entertainment and Mohegan Gaming and Entertainment are curren ...

Horseshoe Casino Baltimore Signs NFL Deal

Horseshoe Casino Baltimore Signs NFL Deal

by October 23, 2018

Horseshoe Casino Baltimore has entered an official partnership with the Baltimore Ravens in the second deal of this kind since September when the National Football League (NFL) allowed its teams to accept advertising from casinos. The move follows the historic partnership announc ...

PAGCOR Honors Task Force Request to Suspend All Gaming Licenses on Boracay

PAGCOR Honors Task Force Request to Suspend All Gaming Licenses on Boracay

by October 23, 2018

The Philippine Amusement and Gaming Corporation (PAGCOR) has honored a request made earlier by the Boracay Inter-Agency Task Force to shut down all gambling operations and cancel current gaming licenses on the island. The move of the gambling regulator is in line with President D ...

Interest in €8-Billion Athens Integrated Resort Narrows to Three US Casino Giants

Interest in €8-Billion Athens Integrated Resort Narrows to Three US Casino Giants

by October 22, 2018

The winning bidder for a casino license for the €8-billion Hellinicon integrated resort likely to be announced in Q1 2019Three major casino companies have remained interested in participating in the tender process for a gaming license as part of a larger project for the const ...

Caesars to Decline Tilman Fertitta Casino Merger Offer

Caesars to Decline Tilman Fertitta Casino Merger Offer

by October 22, 2018

Caesars is reportedly more interested in acquiring Jack Entertainment properties than Tilman Fertitta’s merger offerCaesars Entertainment Corp. has chosen to reject an offer from billionaire gaming boss Tilman Fertitta that would have seen his own empire merge with the Las Ve ...

Melco Ices Philippines Delisting Process amid Shareholder Unrest

Melco Ices Philippines Delisting Process amid Shareholder Unrest

by October 19, 2018

This is the second time the casino and hospitality giant puts Philippines delisting plans on iceGaming and hospitality company Melco Resorts & Entertainment today announced that it would postpone a tender offer for its Philippine subsidiary for a second time, Reuters repo ...

Stanley Ho’s Son, Arnaldo, Moves to Revive Dormant Cotai Entertainment Complex Project

Stanley Ho’s Son, Arnaldo, Moves to Revive Dormant Cotai Entertainment Complex Project

by October 18, 2018

Arnaldo Ho and Macau Theme Park and Resort move forward with the construction of an entertainment resort without the theme park featured in original plansArnaldo Ho, son of Macau casino mogul Stanley Ho, announced earlier today plans to revive an entertainment and hospitality ...

Casino Boss Tilman Fertitta Reportedly Approaches Caesars with Merger Offer

Casino Boss Tilman Fertitta Reportedly Approaches Caesars with Merger Offer

by October 18, 2018

Another massive merger and acquisition deal within the US casino industry could be around the cornerA fresh round of industry buzz from Wednesday suggested that billionaire casino boss Tilman Fertitta has approached Caesars Entertainment Corp. about merging the Las Vegas casi ...