Gaming Analyst Calls Casino REITs Attractive

Gaming Analyst Calls Casino REITs Attractive

by August 23, 2018

Global gaming advisory firm Union Gaming has remained bullish on the casino REIT sector as a wave of consolidation is under way on the regional level and is creating potential for more high-value real estate deals in Las Vegas.Union Gaming analyst John DeCree said in a recen ...

Tech-Savvy Finnish Teenager Steals €250K from Maltese Online Casino

Tech-Savvy Finnish Teenager Steals €250K from Maltese Online Casino

by August 22, 2018

An observant Finnish teenager defrauded a Malta-licensed online casino out of more than €250,000 last year by spotting and exploiting a software glitch, local news outlet Yle reported on Monday. The casino that fell victim to the scam was not named.The underage man, hailing f ...

Cebu City Casino Resort on Track for August 25 Ground-Breaking, Despite President Duterte’s Ban

Cebu City Casino Resort on Track for August 25 Ground-Breaking, Despite President Duterte’s Ban

by August 21, 2018

A Cebu City official has revealed that a planned ground-breaking ceremony for an PHP18-billion casino resort would be held on August 25, despite a series of recent warnings from Philippine President Rodrigo Duterte that he would not permit the construction of any more properties ...

Apple Bows Down to Chinese Censors Again, Yanks Tons of App Store Gambling Content

Apple Bows Down to Chinese Censors Again, Yanks Tons of App Store Gambling Content

by August 20, 2018

Apple has reportedly pulled thousands of gambling apps from its Chinese App Store after facing media backlash for failing to prevent Chinese customers from being exposed to banned content.State-controlled media outlet China Central Television reported over the weekend that t ...

Mystery Prize Gaming Machines Now Deemed Illegal Gambling in Singapore

Mystery Prize Gaming Machines Now Deemed Illegal Gambling in Singapore

by August 17, 2018

Mystery prize vending machines are now illegal in Singapore, according to an announcement made by local police cited by news outlet the Straits Times. A ban on the machines is being rolled out as their number has grown tremendously over the past year and at least four operators o ...

Potawatomi Hotel & Casino Tops Off $80-Million Hotel Expansion

Potawatomi Hotel & Casino Tops Off $80-Million Hotel Expansion

by August 17, 2018

The Forest County of Potawatomi Community celebrated on Thursday the topping off of the $80-million expansion of its Potawatomi Hotel & Casino in Milwaukee, Wisconsin. The project involves the construction of a new hotel tower that is attached to the property’s existing 19-st ...

SLS Hotel & Casino Owner to Take Over W Hotel at LUX Tower

SLS Hotel & Casino Owner to Take Over W Hotel at LUX Tower

by August 16, 2018

SLS Las Vegas Hotel & Casino announced Wednesday that it will take over the W Las Vegas hotel which currently occupies one of the three hotel towers of the property. The resort, located on the northern end of the legendary Las Vegas Strip, is expected to assume control over t ...

Ocean Resort Casino Installs New Logo to Distance from Revel’s Unfortunate Past

Ocean Resort Casino Installs New Logo to Distance from Revel’s Unfortunate Past

by August 16, 2018

Ocean Resort Casino, one of the two new additions to Atlantic City’s legendary Boardwalk, has begun the installation of its new logo, The Press of Atlantic City reports. The new logo is set to be located on the south-facing side of the casino resort’s 57-story glazed building. ...

MGM Springfield Denied Request for Animated Parking Garage Sign

MGM Springfield Denied Request for Animated Parking Garage Sign

by August 15, 2018

MGM Springfield’s request for an animated parking garage sign was denied by the Massachusetts Gaming Commission during a Tuesday meeting. Gaming commissioners voted 5-0 against the use of animations citing public safety and distracted driving concerns, local news outlet MassLive ...

The Star Adds Ritz-Carlton Hotel at Sydney Casino

The Star Adds Ritz-Carlton Hotel at Sydney Casino

by August 15, 2018

Australian casino operator The Star Entertainment Group has partnered luxury hotel chain Ritz-Carlton to develop a A$500-million hotel and apartment complex near The Star’s existing casino in Sydney.The development of the hotel is part of a larger project for the renovation ...

Spain’s OHL Increases Stake in €500-Million Madrid Development Project Half-Owned by PokerStars Founder

Spain’s OHL Increases Stake in €500-Million Madrid Development Project Half-Owned by PokerStars Founder

by August 14, 2018

Construction company OHL Desarrollos has purchased a 32.5% stake in the Centro Canalejas Madrid development from Grupo Villar Mir to increase its holding in the project to 50%. PokerStars founder Mark Scheinberg owns the other half of the ambitious plan, which was originally kick ...

No Casinos, New or Existing, Will Operate on Boracay after Rehabilitation, Tourism Official Says

No Casinos, New or Existing, Will Operate on Boracay after Rehabilitation, Tourism Official Says

by August 14, 2018

There will be no casinos on Boracay after the Philippine island’s planned reopening on October 26, a government official told local news outlets earlier today.Tourism Secretary Bernadette Romulo-Puyat said that neither already established gambling venues nor new ones will be ...

CrownBet Launches New Ad Campaign to Celebrate Planned Rebrand as BetEasy

CrownBet Launches New Ad Campaign to Celebrate Planned Rebrand as BetEasy

by August 13, 2018

Australian gambling operator CrownBet has kicked off its planned rebrand as BetEasy with a new advertising campaign created by Melbourne-based ad agency The Monkeys.The rebrand is part of the ongoing merger between the operator and William Hill’s Australian business, which C ...

LINQ Casino Slot Machines Go Down during DEF CON Hacker Convention

LINQ Casino Slot Machines Go Down during DEF CON Hacker Convention

by August 13, 2018

Dozens of slot machines went down at The LINQ Casino in Las Vegas over the weekend and speculations quickly emerged that those might have been hacked, Mashable reports citing information from a person who was on the gaming floor at the time of the odd occurrence.It is intere ...

Man Who Cracked Roulette and Won Millions Dies at 86

Man Who Cracked Roulette and Won Millions Dies at 86

by August 10, 2018

Medical researcher Richard Jarecki who cracked roulette in the 1970s, winning millions of dollars in European casinos, died on July 25 at the age of 86. Taking advantage of flawed roulette wheels, he became legendary among gamblers and a threat to some of the most popular casino ...