The previous owners of the former Revel Casino have revealed a number of mistakes that caused the closure of the luxurious property. The construction of Revel Casino was estimated to cost $2.4 billion but during the time when it was open it never turned a profit.The disclosu ...
The state of New Hampshire is likely to have its gambling sector diversified soon as state officials paid close attention to the establishment of two casinos in the region.During yesterday’s meeting, members of the House Ways and Means Committee backed the so-called Se ...
Twin River Management Group Inc. announced its plan to move its Newport Grand casino to a new location in the northern part of Tiverton, in order to be able to blunt the competition coming from neighboring Massachusetts.The casino operator is to purchase a 45-acre site not fa ...
Popular developer and supplier of various gaming solutions Playtech announced earlier today that it has decided to recruit as many as 300 new employees in the course of the next eight months, so as to be able to proceed with its major omni-channel undertakings both on the territo ...
Back in February 2014, Italian gambling officials paid considerable attention to the idea of imposing certain restrictions related to the gambling advertisements with the aim of reducing their negative impact on the residents.After a year of standstill, key political figures ...
Gambling operator Tropicana Entertainment Inc. announced earlier today that it has inked an agreement with gaming developer Ruby Seven Studios.Currently, the casino operator owns and manages through its subsidiaries as many as eight gambling venues in Louisiana, Indiana, Miss ...
Sportech Racing LLC, a subsidiary of the London-listed Sportech PLC, accomplished a major milestone. Mere hours ago, company representatives announced that Sportech Racing has been granted a Casino Service Industry Enterprise License that enables it to provide its products and se ...
New York-based Oneida Indian Nation revealed more information about all the venues its Yellow Brick Road Casino, a $20-million property which is currently under construction, is to feature once it opens doors in Chittenango.The facilities that are to be part of the complex wi ...
During the yesterday’s court hearing, the Judge in charge of making decisions related to the fate of the shuttered Revel Casino, Gloria Burns, ruled that Glenn Straub has the legal right to terminate the leases of the tenants.As previously reported, Mr. Straub, who acqu ...
Apart from the planned expansion in Connecticut, the leaders of Mohegan Sun eyed the Asian gambling market. Mere hours ago, representatives of the Mohegan Tribal Gaming Authority revealed more details about the casino project that has been on the agenda over the last couple of we ...
Hong Kong-headquartered promoter of VIP rooms across Macau Iao Kun Group Holding Company Limited (IKGH) announced earlier today that it had signed a non-binding agreement with Lou Kan Kuong, under which the latter is to act as a junket operator for both Crown Perth Casino and Cro ...
Mere hours ago, representatives of China LotSynergy Holdings Limited announced that a major milestone was accomplished by their subsidiary, Guangzhou San Huan Yong Xin Technology Company Limited.The latter has won a bid related to the so-called “Betting Terminal Usage Rights ...
Sheldon Adelson, Chairman of Las Vegas Sands Corp., has been listed as a witness for a Monday hearing in a lawsuit started by former Sands China CEO Steven Jacobs.Back in 2010, Mr. Jacobs took the major gambling operator to court, claiming that he was wrongfully fired, as he ...
As previously reported, a number of Asian countries are currently competing for leadership on the gambling market. Singapore is one of those that have already consolidated their positions on the gambling sector but it seems like there is room for further growth. Now, Singapore de ...
Wells Fargo, former lender to the shuttered Revel Casino, offered $300,000 to ACR Energy Partners – the company that used to supply the struggling property, so as electricity and heat to be turned on.Revel Casino was shut down in September 2014 after two years of operation. T ...
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