Proxy Firm Calls for Wynn Board Nominees Rejection

by April 6, 2015

Institutional Shareholder Services Inc. released its report on Elaine Wynn’s battle to remain on Wynn Resorts’ board late on Sunday. The 31-page document suggested that shareholders should withhold their votes from both John J. Hagenbuch and J. Edward Virtue, the two ...

Casino Experts Pessimistic about Lawrence Downs Project

by April 6, 2015

Casino experts believe that the Lawrence Downs Casino and Racing Resort might not be launched after all, as the state gambling market is already oversaturated with venues of this kind.It seems that the decade-long project has recently faced yet another setback – the partners ...

Cambodia Prepares New Casino Bill

by April 6, 2015

Cambodia authorities revealed that amendments to the existing gambling-related laws in the country are likely to be imposed by the end of the year. Currently, they prepare a bill that is a subject to approval by the National Assembly and is intended to boost the revenue and take ...

Ho-Chunk Nation Discusses Development Project Near Madison Casino

by April 5, 2015

The Ho-Chunk Nation, one of Wisconsin’s two federally recognized tribes, is considering the opportunity to establish a museum, sports complex, or an entertainment facility near its casino in Madison.Tribal representatives are currently discussing the matter with city of ...

Schenectady Casino Marina Gets Planning Commission Approval

by April 4, 2015

The plan for the development of the Rivers Casino & Resort in Schenectady, New York was reviewed by the city Planning Commission. The $450-million project is one of the three that were approved by the state Gaming Facility Location Board in December 2014.Rotterdam-based r ...

Renovated Bordertown Casino & Arena Opens Doors in Oklahoma

by April 3, 2015

The renovated Bordertown Casino & Arena in Seneca, Oklahoma opened doors on Thursday. The property is owned and operated by the Eastern Shawnee Tribe and features as many as 500 slot machines, rodeo arena, mechanical bull, dance floor that can hold up to 1,000 people, a chuck ...

The Oneidas Oppose Lago Casino Construction

by April 3, 2015

The Oneida Indian Nation requested the New York Gaming Commission to reconsider the casino establishment in Finger Lakes region. Tribal representatives requested the Commission to reject the casino proposal for Lago Resort & Casino because they fear the launch of a state casi ...

Rock Ohio Caesars Disapproves of Elimination of Promotional Casino Credits

by April 3, 2015

Earlier this week, Ohio Sen. Bill Coley (R-Liberty Township) announced that a legislation aimed at preventing casino operators from receiving tax deduction on promotional gaming credits has been proposed.Rock Ohio Caesars LLC (ROC), one of Ohio’s casino owners, released ...

Stockton Students Organize Protests for Showboat

by April 3, 2015

A rally that united Stockton University students, members of Local 54 and Atlantic City officials took place yesterday. The crowd marched from the shuttered Showboat Casino to Trump Taj Mahal and once again demanded university officials to be allowed to utilize the property as th ...

MassGaming Amends Casino Regulations

by April 3, 2015

Last week, Massachusetts Attorney General Maura Healey recommended the implementation of certain provisions aimed at protecting state residents from spending considerable amounts at slot parlors and casinos. The Massachusetts Gaming Commission approved the adoption of these at a ...

Revel Casino Sale to Be Finalized Today

by April 3, 2015

Mere hours ago, it was announced that the new owner of the shuttered Atlantic City-based Revel Casino is Florida developer Glenn Straub. Mr. Straub acquired the property for a sum considerably smaller than the amount spent on Revel’s construction.Back in 2012, developer ...

Playtech Purchases Majority Stake in TradeFX

by April 2, 2015

Gaming software developer Playtech plc has inked a deal to purchase a majority stake in online forex trading platform TradeFX for the sum of €208 million ($224 million).Playtech is an Isle of Man-based supplier of betting, casino, and poker software, with major gambling opera ...

Railroad Pass Casino Sold to Joseph DeSimone

by April 2, 2015

It was announced that the sale of Railroad Pass Casino has been completed and its new owner is real estate professional Joseph DeSimone. The former owner of the property was MGM Resorts International.Back in September 2014, MGM representatives revealed that such a deal is lik ...

Revel Lender Demands the Casino to Be Sold to Straub

by April 2, 2015

A representative of the main lender of Revel commented on the several delays related to the sale of the shuttered casino and said that the bidders that have emerged during the last few weeks were not reliable enough.That is why Wells Fargo requested the court to sell the for ...

NYX OGS Casino to Be Offered via NYX Poker

by April 2, 2015

Las Vegas-headquartered developer of gaming content NYX Gaming Group Ltd. revealed that its NYX OGS™ casino will be added to NYX Poker. The announcement comes soon after the company finalized the deal for the acquisition of the so-called Ongame Poker Network.With the integrat ...