Philippine Gambling Regulator Takes Issue With Proposal to Be Stripped of Licensing Powers

Philippine Gambling Regulator Takes Issue With Proposal to Be Stripped of Licensing Powers

by November 28, 2017

The Philippine Amusement and Gaming Corp. (PAGCOR), which currently serves as both gambling regulator and operator, has contested a legislative proposal that would strip it of its authority to grant gaming licenses to interested gambling businesses.Under House Bill 6514, co- ...

New Jersey Senate President Calls on Casino Development Agency to Deny Trump Plaza Demolition Payment

New Jersey Senate President Calls on Casino Development Agency to Deny Trump Plaza Demolition Payment

by November 28, 2017

The New Jersey Senate President Steve Sweeney urged the state Casino Reinvestment Development Authority to reject billionaire investor Carl Icahn’s request to be granted $5.6 million to partially fund the demolition of the shuttered Trump Plaza casino resort.It was announced ...

Bill Proposes Reorganization of Philippine Gambling Regulator’s Functions

Bill Proposes Reorganization of Philippine Gambling Regulator’s Functions

by November 27, 2017

A Philippine House lawmaker has filed a bill that calls for the reorganization of the responsibilities of the country’s main regulator that also functions as a gambling operator at present in a manner that would turn it into a “purely regulatory” entity, local media reported. Und ...

Queensland’s Liberal National Party Opposes Sunshine Coast Casino Plan

Queensland’s Liberal National Party Opposes Sunshine Coast Casino Plan

by November 25, 2017

Liberal National Party politicians from Queensland’s Sunshine Coast have promised to oppose any attempts for the construction of a casino resort in the region, local media reported. Their comments came after news emerged that representatives for Cambodian gambling operator ...

UK Gambling Commission Reveals Stance on Loot Boxes

UK Gambling Commission Reveals Stance on Loot Boxes

by November 24, 2017

The UK Gambling Commission published today its position on the highly controversial loot boxes within video games and whether these constitute a form of gambling. According to the UK gambling regulator, loot boxes cannot be considered a licensable form of gambling as long as item ...

MGM Resorts Commences Search for Springfield Casino Staff

MGM Resorts Commences Search for Springfield Casino Staff

by November 23, 2017

Gambling operator MGM Resorts International has opened a career center in Springfield, Massachusetts, seeking employees for its $950-plus-million gambling resort currently under development in the heart of the city.The Las Vegas-based company was granted a license to develop ...

New Jersey Agency Gives Preliminary Approval to Trump Plaza Casino Owner’s Request for Demolition Financing

New Jersey Agency Gives Preliminary Approval to Trump Plaza Casino Owner’s Request for Demolition Financing

by November 22, 2017

The New Jersey Casino Reinvestment Development Authority gave a preliminary approval to the owner of Trump Plaza casino’s request to be granted $5.6 million from the state’s alternative investment tax to fund the planned demolition of the property.Members of the authority me ...

Spanish Casino Operator Cirsa Explores Options for Its Future

Spanish Casino Operator Cirsa Explores Options for Its Future

by November 22, 2017

Spanish casino boss Manuel Lao Hernandez is reportedly considering different options for the future of gambling operator Cirsa Gaming Corp. SA, Bloomberg reported. Mr. Hernandez is the owner of the casino and bingo hall company.According to unnamed sources, the Spanish busin ...

Gambling Brand Unibet Eyes Greater Exposure across Australia

Gambling Brand Unibet Eyes Greater Exposure across Australia

by November 21, 2017

Online gambling brand Unibet will look to increase its share in the Australian gambling market through more aggressive marketing activity, The Australian Financial Review reported. The brand is part of Kindred Group, the Sweden-listed, Malta-headquartered online gambling operator ...

Trump Plaza Owner Proposes Use of Tax Funds for Covering Casino’s Planned Demolition

Trump Plaza Owner Proposes Use of Tax Funds for Covering Casino’s Planned Demolition

by November 21, 2017

Billionaire investor Carl Icahn, who owns the shuttered Trump Plaza casino resort in Atlantic City, proposed the use of tax funds casinos annually pay to the city for the pending demolition of the aforementioned property.Under state law, Atlantic City-based casinos pay 1.25% ...

Japanese Developers Eye Casino License for Hokkaido Ski Resort

Japanese Developers Eye Casino License for Hokkaido Ski Resort

by November 20, 2017

A Japanese resort developer is planning to enter the race for one of the two casino licenses the country’s government is expected to grant as a result from last year’s legalization of casino gambling. Kamori Kanko, a Hokkaido private tourism company, announced late last week that ...

Casino Operator NagaCorp Explores Development Opportunities in Sunshine Coast

Casino Operator NagaCorp Explores Development Opportunities in Sunshine Coast

by November 18, 2017

Cambodian casino operator NagaCorp Ltd. might be interested in developing a casino resort in the heart of the Sunshine Coast in Queensland, Australia. Local news outlet Sunshine Coast Daily reported that representatives of the gambling company have visited the area to explore dev ...

Local Governments Should Decide Integrated Casino Resorts’ Fate in Japan

Local Governments Should Decide Integrated Casino Resorts’ Fate in Japan

by November 17, 2017

Speaking during the MGS Summit 2017 yesterday, the Chief Executive Officer of Capital & Innovation Co. Ltd, Mr. Takayoshi Koike claimed that it is not the central government that is entitled to select the gambling companies allowed to operate in the country, but the local one ...

Cyprus Casino Resort Project Progresses Smoothly Despite Hard Rock’s Exit

Cyprus Casino Resort Project Progresses Smoothly Despite Hard Rock’s Exit

by November 17, 2017

The withdrawal of Hard Rock International from the €500-million plan for the construction of Republic of Cyprus’ first casino resort has not deterred the progress of the project, a local gambling regulator said.Christos Mavrellis, President of the Cypriot National Gaming Com ...

Tullamore Casino Complex Proposal Gets Second Rejection

Tullamore Casino Complex Proposal Gets Second Rejection

by November 16, 2017

A proposal for the construction of a casino complex next to an existing hotel in the Irish town of Tullamore received another blow earlier this week. An Bord Pleanála, an independent, quasi-judicial body, rejected an appeal by the developer behind the project to allow its realiza ...