Okada family members helped the Okada Holdings board oust Japanese billionaire Kazuo Okada from his role as a director, Reuters reported citing unnamed sources with knowledge of the matter.Based on information from three separate sources, the news agency revealed that a fami ...
Gambling operator William Hill is planning to close its Israel-based office, forex trading news outlet LeapRate has reported citing unnamed sources with knowledge of the matter.The major UK bookmaker expanded its physical presence to Israel back in 2008 when it formed its on ...
Israeli billionaire businessman Teddy Sagi is selling a 10.1% stake in online gambling giant Playtech, according to a Monday stock market statement. Mr. Sagi will thus reduce his holding in the company he had himself found to just 7.7%.Playtech announced after market’s closu ...
The deal for the construction of the Republic of Cyprus’ first casino is set to be signed today, local media has reported.At the time of writing, contract parties are likely to have placed the necessary signatures to seal the multi-million dollar worth plan. The casino contr ...
Crown Resorts employees who were detained in mid-October 2016 in China for the illegal promotion of gambling services were given nine- to ten-month sentences by the Baoshan District Court.Last fall, Chinese police detained 19 members of the casino operator’s staff for allege ...
Online gambling giant Amaya Inc. is eyeing expansion into the emerging Indian online poker market, CEO Rafi Ashkenazi told media on Wednesday after the company’s annual shareholders meeting.It also became known that Amaya’s COO is currently in India to finalize a partnership ...
Las Vegas gambling operator MGM Resorts International suffered another blow in its continued effort to be allowed to bid for the right to build a casino in Connecticut.On Wednesday, a federal appeals court turned down the company’s claim that state officials had violated the ...
The Pennsylvania Supreme Court ruled earlier this week that the state’s Gaming Control Board should review the application for the construction of Philadelphia’s second casino and particularly the property’s proposed ownership structure.This could further delay the launch of ...
Casino operator Hard Rock International has announced a Memorial Day 2018 opening of what would be Hard Rock Hotel & Casino Atlantic City, or its first gambling venue in the popular East Coast gambling hub.Hard Rock purchased the former Trump Taj Mahal casino resort this ...
The Japanese Diet may restrict the number of times Japanese nationals and guests of the country can play at casinos, local media has reported. The government is currently working on the second phase of the country’s casino legalization process by crafting a bill that would set th ...
Online gambling-focused performance marketing company Catena Media today announced yet another acquisition deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.The transaction is expected to be completed by the end of the month. Under the terms of the d ...
Russian casino developer Diamond Fortune Holdings Ltd. announced that construction work on its integrated resort in Russia’s Primorye Integrated Entertainment Zone has begun. The luxury complex, to be named Selena World Resort & Casino, will be rolled out in phases, with Phas ...
Japanese slot machine and pachinko maker Universal Entertainment Corp. revealed on Monday that the investigation into its founder, Kazuo Okada, has been extended to include two more instances of allegedly questionable money transfers.Earlier this month, Universal Entertainm ...
A ban on cruise ship casinos has been lifted by the Western Australia government in a bid for the state to become a more attractive destination for cruise companies and thus generate additional revenue.Officials have pointed out that cruise ships have become a popular touris ...
Tiger Resort, Leisure, and Entertainment Inc. ousted on Friday Japanese tycoon Kazuo Okada from his post as Chairman of the company’s board. Mr. Okada was replaced by Justice Manuel Lazaro.Tiger Resort, Leisure, and Entertainment is the company behind Okada Manila, the $2-bi ...
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