New Mexico Tribal Casinos to Have Their Working Hours Extended

by February 20, 2015

It seems like the tribal casinos on the territory of New Mexico have not abandoned their plans for playing a key role in state’s economy. A few weeks ago, their officials raised the question about the expiration of their licenses and now, they have another proposal, which w ...

Indiana House Committee Passes Two Casino Bills to Full House

by February 20, 2015

Two bills, which are considered of major importance for the future of Northwest Indiana’s economic development, were passed by an Indiana House committee on February 19th.There was an alteration to the bill made by the committee, which implemented a new requirement tha ...

Revel’s Sale Terminated for the Second Time

by February 20, 2015

Yesterday, it became clear that all efforts, Florida developer Glenn Straub put into acquiring the shuttered Revel casino turned out to be useless.Bankruptcy Judge Gloria Burns announced that the deal between Mr. Straub and the current owners of Revel is to be terminated. The ...

Bit8’s CEO Dalli Expects the Provider to Double in Size after INTRALOT Deal

by February 19, 2015

The Chief Executive Officer of the Malta-based gaming platform developer Bit8 – Mr. Angelo Dalli – shared his expectations for the company to get twice as large as it is now over the upcoming year and a half.The services provided by Bit8 currently involve an all-inclusive sp ...

Property Taxes in Atlantic City to Remain the Same Despite Casino Closures and Financial Issues

by February 19, 2015

Atlantic City has long been considered the gambling Mecca of the East Coast but last year, things went in the wrong direction when four casino venues filed for bankruptcy and a fifth one narrowly escaped closure. As a result, the economy of New Jersey and Atlantic City, in partic ...

Supreme Court Rules in Favor of PAGCOR’s Gaming Income Exemption from Corporate Tax

by February 19, 2015

The Supreme Court came out with a ruling that the profit of Philippine Gaming Corp. (PAGCOR), which was generated from the company’s gaming operations, can not be subjected to corporate income taxes. The Court ruled that the above-mentioned company’s income can be sub ...

Osaka and Yokohama Likely to Be the First Japanese Cities with Casinos

by February 19, 2015

The current Japanese Diet session started on January 26 and is scheduled to last until June 24. Prime Minister Shinzo Abe and members of the Liberal Democratic Party-Komeito coalition government are expected to discuss over 70 bills. Legalization of casinos in Japan will certainl ...

Barry Gibson and Liz Catchpole to Be Appointed as Non-Executive Directors of bwin.party

by February 19, 2015

Mere hours ago, representatives of bwin.party digital entertainment plc, the popular online gambling company, announced that new independent non-executive directors are to be appointed.From March 1st, 2015, Barry Gibson and Liz Catchpole will be in charge of company’s a ...

Catskills Officials Join Forces to Secure the Success of Montreign Resort Casino

by February 19, 2015

After the three bidders for a casino license in the Catskills/Hudson Valley area have been bickering for almost a year, they have finally decided to make peace.Representatives of the losing Orange and Ulster Counties have decided to meet an official from Montreign Resort Casi ...

Expansion of the Bahamian Gambling Sector Unlikely to Revitalize Country’s Economy

by February 19, 2015

The question about the expansion of the gambling sector in the Bahamas has been recently raised and expectedly, became a subject to heated disputes.According to Richard Sealy, the Minister of Tourism, the availability of more casinos on the territory of the country does not ...

Boylesports Closes London Offices and Moves Operations to Gibraltar

by February 18, 2015

Earlier today, Boylesports, an independent Irish betting operator and provider of various other gambling options, announced that it will close its offices on the territory of London. This is due to the fact that the company is about to move its major operations in a Gibraltar-bas ...

Las Vegas Global Business District to Replace the Soon to be Demolished Riviera Hotel

by February 18, 2015

Yesterday, the Las Vegas Convention and Visitors Authority announced that a board meeting will be held on Friday, February 20th. The reason for such a meeting is the popular Strip resort and its acquisition in particular.The acquisition is estimated to cost $182.5 million. A ...

Ladbrokes Strikes a Deal with Best Gaming Technology for More than 2,000 SSBTs

by February 18, 2015

The market leader among the retail bookmakers in the UK – Ladbrokes – announced that it has managed to reach an agreement with Best Gaming Technology. The deal is related to the supply of more than 2,000 additional self-service betting terminals located all over the world.Th ...

The Ownership of HRTV Transferred to Betfair’s Subsidiary TVG

by February 18, 2015

Mere hours ago, it was announced that a deal between Stronach Group and TVG has been signed. TVG is a subsidiary of the popular provider of various gaming-related products and services Betfair.The deal in question concerns the ownership of the horseracing television network, ...

MGM China to Spend US$100 Million on MGM Macau’s Renovation

by February 18, 2015

Mere hours after MGM China Holdings Ltd. posted its financial report for the fourth quarter of fiscal year 2014, the gambling operator also announced that it is planning to spend US$100 million on the refurbishment of its MGM Macau hotel and casino venue.At present, the resor ...