Gambling operator Caesars Entertainment Corp. suffered yet another blow as it was fined by the US government and the state of Nevada a total of $9.5 million over poor anti-money laundering monitoring at its emblematic casino Caesars Palace in Las Vegas.According to a Tuesday ...
Developer and supplier of B2B products for the gaming industry GameAccount Network announced that the planned re-branding of the company to GAN will become effective on September 9. It pointed out that this move is consistent with its success in the provision of online gaming sol ...
Gambling operators Paddy Power and Betfair announced earlier today that they have agreed on the terms of their proposed merger. The new company will be called Paddy Power Betfair and will be headquartered in Dublin. Betfair CЕО Breon Corcoran (who formerly took the position of CO ...
After the Spokane Tribe of Indians received federal approval to build a $400-million casino on non-reservation land, it is now up to Washington Governor Jay Inslee to give the green light to the ambitious project.Tribal chairwoman Carol Evans explained that if the gambling ve ...
The Australian government announced on Monday that a review of the country’s Interactive Gambling Act will be carried out. Officials will be looking for ways to meet the increasing demand for innovative methods for live sports betting.The introduction of regulations for ...
Vietnamese investment company VinaCapital announced that it would work together with Hong Kong-based giant Chow Tai Fook Enterprises Ltd. on the completion of a stalled $4-billion project for the construction of the so-called Nam Hoi An integrated gambling resort in Vietnam’ ...
The proposal for turning Tioga Downs Casino & Racing in Nichols, New York into a fully-fledged casino will be heard by the state Gaming Facility Location Board at a September meeting. Representatives for the gambling venue will present their project before the regulator.T ...
Irish gambling operator Paddy Power announced earlier today that it had renewed its contract with the British Columbia Lottery Corporation and had reached an agreement with Spanish betting operator Reta.Under its renewed partnership with the British Columbia Lottery Corporati ...
Isle of Man-based gambling company GVC Holdings PLC announced earlier today that it had reached an agreement to buy rival bwin.party digital entertainment plc for the amount of £1.12 billion ($1.7 billion). GVC is to pay for its newest acquisition in cash and shares.Gibraltar ...
Cruise ship and resort operator Genting Hong Kong, subsidiary of Malaysian conglomerate Genting Group, won a key approval from the New South Wales government to increase its stake in Australian gambling company Echo Entertainment.Genting Hong Kong was permitted to raise its c ...
Officials from D’Iberville, South Mississippi are preparing a plan for the issuance of tax-increment financing bonds in order to support financially developers of the 18-story Scarlet Pearl Casino, which is to open doors by the end of the year. The city has been looking to the es ...
The Pennsylvania Gaming Control Board rejected on Wednesday Dunmore-based businessman Louis A. DeNaples’ bid to resume business with Mount Airy Casino Resort, located in Monroe County. Mr. DeNaples is in fact the founder of the said casino but relinquished his ownership rig ...
Gambling operator Station Casinos LLC and California’s Federated Indians of Graton Rancheria broke ground on a $175-million hotel which is to represent the resort component of Graton Resort & Casino located in Rohnert Park.The six-story hotel will spread over 342,00 ...
Horseshoe Casino Cincinnati, one of four state-owned casinos, will launch its rooftop bar this weekend. The 4,000-square-foot outdoor facility is located on the second floor of the Cincinnati-based casino.The so-called Terrace Rooftop Bar will offer a wide selection of specia ...
Universal Entertainment Corp., owned by Japanese businessman Kazuo Okada, announced that it had issued a total of $600 million in bonds. The corporate notes have a 12% annual yield. In addition, they are due 2020.The Singapore-listed bonds were issued on August 25. The Japan ...
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