Casino operator NagaCorp Ltd may be forced to pay additional non-gaming taxes estimated to $16.6 million in 2017. The amount corresponds to the added tax obligation the company applied in 2016 after its inaugural Phnom Penh hotel and casino complex’s audit was carried out. ...
Genting has decided to sell its 5.62% stake in The Star Entertainment Group. The Malaysian casino operator has made the decision because there is a talk going around that the Australian casino operator The Star has a union in mind with local rival Crown Resorts.According to ...
A private equity firm has reportedly proposed to buy Atlantic City’s shuttered Revel casino for the amount of $220 million. The Press of Atlantic City reported on Wednesday that Digital Launch has been representing the unnamed firm from New York City.Alex Fredericks, Operati ...
The New Jersey Casino Control Commission approved on Tuesday the proposed plan for the reorganization of major casino operator Caesars Entertainment Operating Co (CEOC), The Press of Atlantic City reported. The Las Vegas-headquartered company currently operates the Bally’s, Caesa ...
The first group of Crown Resorts employees, who were arrested last October for the illegal promotion of casino gambling in Mainland China, was released earlier today, Reuters reported.Ten of all 16 detained staff members walked out from two detention facilities in Shanghai, ...
Casino resort and café chain operator Hard Rock International revealed on Monday details about a €2-billion grand plan for the construction of what would be one of Europe’s largest integrated resorts. The property will be located in Vila-seca and Salou (Tarragona), Spain.Hard ...
Major UK gambling operator bet365 is being sued by a student for refusing to pay out winnings of over £1 million on a bet made in June 2016.Megan McCann, who currently lives near Belfast, Northern Ireland, placed almost £25,000 on 12 horses in four different races. She was s ...
Mainland China VIP casino customers lost around $665 million (A$875 million) at Crown Resorts casinos during the previous financial year, court filings from the Shanghai Baoshan district court showed.Obtained by Australian news outlet The Australian Financial Review (AFR), t ...
Kenya’s approved gambling tax hike is already taking its toll as native operator SportPesa has confirmed that it would shut down its Kenyan operations, if the new taxation regime is imposed on January 1, 2018.In June, Uhuru Kenyatta, President of the East African natio ...
Atlantic City casinos will operate as normal in case of any future government shutdowns under a piece of legislation produced by New Jersey Senate President Steve Sweeney and Senators Jeff Van Drew and Jim Whelan.New Jersey was shut down earlier this week after Gov. Chris Ch ...
Queensland Premier Annastacia Palaszczuk told local media that she does not want Gold Coast to become a casino city. Ms. Palaszczuk’s comments came a day after news emerged that Las Vegas-based casino operator Caesars Entertainment Corp. was interested in operating a casino in th ...
NEKTAN PLC, the international mobile gaming platform and content provider, today announced that it has acquired Nektan Marketing Services from Betfred Founder Fred Done and ActiveWin Media Founder Warren Jacobs in a £500,000 deal.Nektan Marketing Services was launched back in ...
Chinese-backed ASF Consortium has revealed that it has been in talks with casino giant Caesars Entertainment Corp. about potentially teaming up on a A$3-billion integrated resort in Australia’s Gold Coast city.ASF Consortium was selected by the Queensland government as the p ...
The Republic of Cyprus expects that its first casino resort will generate around €800 million in contributions to the economy in its second year of operation.The Government of the Mediterranean island nation and developers signed the final agreement that authorized the projec ...
The Turkish government is planning to launch a crackdown on illegal gambling, local media has reported. Under a two-year plan, different government agencies will cooperate to tackle issues related to the unauthorized provision of gambling services of different kinds, including on ...
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