Shinnecocks May Negotiate for Partnership With Florida Tribe for a Casino Development

Shinnecocks May Negotiate for Partnership With Florida Tribe for a Casino Development

by January 1, 2015

A group of leaders from the Shinnecock Indian Nation have been negotiating with the Florida’s Seminole Tribe in terms of creating a collaboration, which will contribute to the development of their shelved casino, a group of tribe members have reported.The discussions with the ...

Caesars Entertainment Acquires Land for Its Multimillion Casino Project in South Korea

by December 31, 2014

A few days ago, it was announced that a consortium of several companies, including a subsidiary of U.S. gaming operator Caesars Entertainment Corp., inked a $95.9-million conditional deal for the acquisition of land, which is intended for the construction of a casino in Incheon, ...

Possible Expansion of the Casino Industry in Illinois Next Year

Possible Expansion of the Casino Industry in Illinois Next Year

by December 31, 2014

For years the lawmakers have been trying to make the building of casinos in Chicago easier. Once Bruce Rauner comes into power as governor of the state of Illinois in January 2015, the chances are that this idea could become a reality.Even though the state senator Dave Syvers ...

Casino School Opens Doors in New York City

Casino School Opens Doors in New York City

by December 30, 2014

Soon New York will have its first official casino school. The Big Deal Casino Academy, which is situated on 28th Street and 5th Avenue, will become a licensed school where everyone will have the chance to receive a special training.Thanks to this training, all students will b ...

The Montreign Casino Resort Expected to Bring Catskills’ Long-Awaited Revival

by December 30, 2014

After the $630-million project for the Montreign Casino Resort in the Catskills area got the nod from the state of New York, residents of the nearby village Monticello are now hoping for the revival of the place that was once a thriving tourist mecca.Locals claim that in the ...

Macau’s Chief Executive Promises Economic Diversification

by December 29, 2014

Fernando Chui Sai On, the current Chief Executive of Macau, stated that his administration will do its best to make the financial system of the administrative region less dependent on its casino industry. He promised that one of his primary goals during his new term will be to wo ...

Tyre, NY Awarded with One of Three Casino Licenses

Tyre, NY Awarded with One of Three Casino Licenses

by December 29, 2014

The efforts of the Republicans in the New York Senate, and the Democrats in the State Assembly have led to the surprising decision of the New York Gambling Commission to give Tyre, NY one of three casino licenses.On December 26, 2014, Gov. Andrew Mark Cuomo requested а re-eva ...

Legends Casino Expansion on Budget and on Schedule

by December 29, 2014

The construction of the $90-million expansion of the Legends Casino, property of the Yakama Nation, is in process. The multimillion revamp involves the building of a six-story hotel which will offer about 200 rooms to its guests. The already established casino venue is also under ...

Steve Wynn Shares Information about His Everett Project

by December 28, 2014

Popular American business magnate Steve Wynn revealed more details about his Everett project. The developer shared that he had given up on the original design of the resort. Instead, the new building will sport a slightly curved shape, very similar to that of his Encore and Wynn ...

Las Vegas Sands’ Issuer Default Rating Upgraded to ‘BBB-‘

by December 27, 2014

Fitch Ratings Inc. announced that it had upgraded the so-called Issuer Default Rating for the well-known gambling operator Las Vegas Sands Corp. from ‘BB+’ to ‘BBB-‘. The upgrade also concerns the company’s subsidiaries, Sands China Ltd. included. In ...

Casino Bill in Japan Might Get Approval by the End of 2015

by December 27, 2014

Japanese Prime Minister Shinzo Abe, who was re-elected a few days ago, stated that he will do his best to bolster his country’s economy by means of his suite of measures known as ‘Abenomics’. According to Dr. Kazuaki Sasaki, an Assistant Professor at the Nihon U ...

The Mashpee Wampanoag Tribe Optimistic about Its Casino Project

by December 26, 2014

The Mashpee Wampanoag tribe has been trying to build its casino in Massachusetts for years. And earlier this month, its people finally received good news for the future of the project. As Cedric Cromwell, the current Tribal Council Chairman, stated, the court ruling concerning th ...

Traditions Resort & Casino Backs Tioga Downs Casino & Racing Planned Expansion

by December 26, 2014

It was announced a few days ago that developers and legislators from the Southern Tier region asked for the Gaming Facility Location Board to reconsider its decision to award licenses to three casinos in the state of New York.As a part of their request, the so-called Traditio ...

Glenn Straub Wants a Discount on Revel’s Purchase

by December 26, 2014

Glenn Straub – the bidder, who became a runner-up during the auction for Revel Casino acquisition, got the chance to buy the struggling casino when the Canadian company Brookfield Asset Management gave up on its intentions to obtain the property for the sum of $110 million.Ho ...

Investment Analysts Suggest that Galaxy Macau Phase 2A’s Launch May Be Delayed

by December 25, 2014

A few days ago, investment analyst Cameron McKnight of New York-based Wells Fargo Securities LLC released a note suggesting that Galaxy Macau Phase 2A’s launch might be postponed to May 2015. Previously, it was announced that the gaming operator will complete its expansion ...