UK gambling operator Ladbrokes confirmed earlier today that it would merge with rival company Gala Coral to become the country’s largest betting chain and to blunt online competition from other gaming giants. Reports about the potential merger emerged late last month.Th ...
Gambling operator Caesars Entertainment Corp. may eventually join its main operating company in bankruptcy, after Judge Benjamin Goldgar of the U.S. Bankruptcy Court issued an unfavorable ruling on Wednesday.Judge Goldgar ruled against Caesars Entertainment’s request to ...
The Mohegan Tribal Gaming Authority, which operates Pennsylvania-based casino Mohegan Sun Pocono, Connecticut-based one Mohegan Sun, and New Jersey’s Resorts Casino Hotel, announced the soft launch of the MoheganSunCasino.com online casino brand.The platform will be ava ...
New York developer KG Urban Enterprises said in a Wednesday letter to the Massachusetts Gaming Commission that it would drop its bid for the construction of a $650-million casino resort in New Bedford, citing lack of sufficient finances for the completion of the project as the ma ...
Tabcorp, the Australian wagering and keno giant, has been making the headlines over the last couple of days due to the court issues it faced. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has taken Tabcorp to court and accused the company of having failed to ob ...
Atlantic City authorities have not given up on their attempts to utilize the shuttered casino properties. The former Atlantic Club Casino Hotel has just received the approval of the Casino Reinvestment Development Authority for two projects aimed at bringing its old glory back. ...
Laguna Lăng Cô, the operator in charge of the luxurious Vietnam-based resort, announced earlier today that the deadline for the Requests for Concepts has been extended. The RFC was due to expire on August 6th but now, investors have it until September 15th to submit the required ...
Less than a week ago, it was announced that 888 Holdings is to acquire bwin.party for the amount of ₤898 million. 888 had to face tough opponents interested in becoming bwin owners and it seemed like the battle was over.However, one of the competitors, GVC Holdings Plc, reve ...
Representatives of Caesars Entertainment Corp. announced that the company has made yet another attempt to win over the junior bondholders of the bankrupt division. The company has offered them a financial package with the aim of convincing them consider a restructuring deal.W ...
After all, Stockton University might be able to sell the shuttered Showboat casino without being involved in any legal issues.Back in 2014, Stockton bought the former casino venue with the aim of turning it into a college campus but the project met the fierce opposition of t ...
The long-awaited decision of the Queensland government as to whether James Packer’s Crown Resorts or Echo Entertainment to be granted a license for the construction of a casino in the area was announced mere hours ago.Echo Entertainment is the company allowed to procee ...
The UK-based betting and gaming company Ladbrokes announced that it was about to ink a deal with another popular provider of gaming products and services – Gala Coral. The agreement between the two gaming giants was expected to be closed sometime in future.Details about the p ...
Reportedly, organized crime figures have been told not to enter the premises of Jupiters Hotel & Casino in the Australian Gold Coast. The property is run by Echo Entertainment Group, one of Australia’s major gambling operators.Local media suggested the gaming giant ...
Members of UNITE HERE Local 54, known to be the biggest casino workers labor union in Atlantic City, voted in favor of a potential strike at the struggling Trump Taj Mahal.According to the information released, about 80% or 1,000 members of Local 54 cast a positive vote, thus ...
Gibraltar-headquartered online gambling operator 888 Holdings announced earlier today a £898-million deal for the purchase of rival gaming company bwin.party digital entertainment plc.Earlier this year, 888 rejected a takeover bid by British operator William Hill. As for bwin ...
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