Casino Boss Kazuo Okada Detained in Hong Kong on Fraud Charges

Casino Boss Kazuo Okada Detained in Hong Kong on Fraud Charges

by August 6, 2018

Japanese tycoon Kazuo Okada was reportedly arrested in Hong Kong on fraud charges, according to Chinese media outlets. Mr. Okada was the founder and Chairman of pachinko and slot machine manufacturer Universal Entertainment Corp., but was ousted from the company last summer after ...

Goans May Be Banned from Local Casinos as Part of Larger Industry Re-Regulation Drive

Goans May Be Banned from Local Casinos as Part of Larger Industry Re-Regulation Drive

by August 5, 2018

Residents of the Indian state of Goa might be banned from local casinos from next year, Chief Minister Manohar Parrikar said on Friday. The state currently has 15 operational casinos – six riverboat ones, floating across the Mandovi River, and nine onshore ones located at luxury ...

Crown Resorts Allowed to Keep Melbourne Casino License

Crown Resorts Allowed to Keep Melbourne Casino License

by August 3, 2018

Australian gambling operator Crown Resorts will keep the license for its Melbourne casino operation, following today’s publication of a review of the business by the Victorian Commission for Gambling and Liquor Regulation (VCGLR).In its sixth review into Crown’s operations, ...

SiGMA’s Eman Pulis Joins Ganapati as Senior Advisor ahead of Planned G8C ICO

SiGMA’s Eman Pulis Joins Ganapati as Senior Advisor ahead of Planned G8C ICO

by August 3, 2018

International gaming company Ganapati Group today announced the appointment of Eman Pulis as a Senior Advisor of its subsidiary GanaEight Coin Limited, issuer of the G8C tokens, ahead of a planned ICO launch. Mr. Pulis is the founder and CEO of SiGMA (Summit of iGaming Malta) and ...

Saratoga Casino Completes Acquisition of Ellis Park Racetrack in Kentucky

Saratoga Casino Completes Acquisition of Ellis Park Racetrack in Kentucky

by August 2, 2018

Saratoga Casino and Hospitality Group completed earlier this week the purchase of the Ellis Park thoroughbred racetrack, officials at the gaming and hospitality company have confirmed.The racetrack and simulcast venue is located in Henderson, Kentucky, not far of the state’s ...

Nairobi County Seeks 30% Casino Revenue Share

Nairobi County Seeks 30% Casino Revenue Share

by August 2, 2018

The Nairobi County government tabled a proposal that if approved would see the Kenyan capital receive a 30% share of the revenue generated by its legal casinos. The proposal is part of the Finance Bill 2018, which was introduced to Kenya’s National Assembly earlier this week. ...

CrownBet and William Hill Australia Set to Combine into BetEasy

CrownBet and William Hill Australia Set to Combine into BetEasy

by August 1, 2018

Australian sports betting operator CrownBet is set to rebrand as BetEasy following the recent acquisition of William Hill Australia’s assets, the company’s CEO Matt Tripp said yesterday in an interview with local news outlet Fairfax Media. The rebranded business will relaunch in ...

Non-Gambling Investment Will Be Welcome on Boracay, President Duterte Spokesperson Says

Non-Gambling Investment Will Be Welcome on Boracay, President Duterte Spokesperson Says

by July 31, 2018

New tourism projects would be welcome on Boracay when it opens after its six-month environmental cleanup, except casino resorts, a spokesperson for Philippine President Rodrigo Duterte has said in series of comments on the matter over the past few days.Presidential spokesper ...

Trump Supreme Court Nominee Sided with Casinos to Foil Unionization Efforts

Trump Supreme Court Nominee Sided with Casinos to Foil Unionization Efforts

by July 31, 2018

Judge Brett Kavanaugh, who was nominated by US President Donald Trump for a seat on the Supreme Court earlier this month, was once a key figure in preventing unionization at one of President Trump’s Atlantic City casinos, Bloomberg reports.The nation’s top official operated ...

Boracay Casino War Rages On: President Duterte Says ‘No’ to $550-Million Plan

Boracay Casino War Rages On: President Duterte Says ‘No’ to $550-Million Plan

by July 30, 2018

There will be no casino on the island of Boracay, a spokesperson for Philippine President Rodrigo Duterte said on Monday, following recent comments by gaming and leisure company Leisure & Resorts World Corporation (LRWC) that their planned $550-million casino resort in the po ...

Casino Giant MGM Partners GVC, Boyd Gaming for Larger Cut of US Sports Betting Pie

Casino Giant MGM Partners GVC, Boyd Gaming for Larger Cut of US Sports Betting Pie

by July 30, 2018

Gaming and hospitality giant MGM Resorts International announced today that it would look to capitalize on the nascent US sports betting market and extend its US presence with a duo of key partnership deals.In separate press releases from minutes ago, the major gambling comp ...

Ireland’s Revenue Declares War on Dublin’s Illegal Casinos

Ireland’s Revenue Declares War on Dublin’s Illegal Casinos

by July 29, 2018

Ireland’s Revenue has issued enforcement letters to a number of illegally operating casino facilities across Dublin giving them 21 days to remove gambling machines from their premises, The Times reported earlier this week.News about the government agency launching a cr ...

Gambling Giants GVC and MGM in Advanced Talks over Joint US Sports Betting Business

Gambling Giants GVC and MGM in Advanced Talks over Joint US Sports Betting Business

by July 29, 2018

Online gambling operator GVC Holdings and casino and hospitality giant MGM Resorts International have entered the final stages of talks over the creation of a joint US sports betting business, sources familiar with the matter told Sky News.It is believed that the joint ventu ...

Boracay Casino Resort Still On Track to Open in 2021 Despite Ongoing Hurdles

Boracay Casino Resort Still On Track to Open in 2021 Despite Ongoing Hurdles

by July 28, 2018

A planned casino resort on Boracay is on track to be launched in 2021, despite the Philippine island’s closure for environmental rehabilitation, a representative of one of the companies behind the project told local media.News emerged last December that Macau gaming an ...

Lotte Tour Extends South Korea Casino Footprint with Paradise Casino Jeju Lotte Purchase

Lotte Tour Extends South Korea Casino Footprint with Paradise Casino Jeju Lotte Purchase

by July 28, 2018

South Korean tour operator and real estate developer Lotte Tour Development announced Friday that it is stepping further into its home country’s casino market with the acquisition of Paradise Casino Jeju Lotte.The company is set to pay the total amount of KRW43.4 billi ...