Finnplay Provides Platform for TribeLotto

by December 16, 2014

Finnplay, the most popular Finnish online gambling company, announced that it is about to launch a platform for the operator TribeLotto. The move will enable the lottery provider to get a bigger share in the field of social gaming.An agreement between Finnplay and TribeLotto ...

Landing International with a New Casino in South Korea

by December 16, 2014

Yesterday, Landing International Development Ltd., a Chinese investment holding company, announced in a special filing that it will operate a new gambling venue in South Korea. It has been estimated that the project would cost the company the amount of HK$868.7 million or US$112 ...

The Czech Republic Amends Its Anti-Drug Policy in Order to Fight Alcohol and Gambling Addiction

by December 16, 2014

Yesterday, the national anti-drug coordinator announced that the Czech Republic is about to start fighting alcohol and gambling activities and regard them as illegal drugs.The reason, which led to that decision, was an amendment in country’s strategy, related to the ant ...

Rob Goldstein Is Las Vegas Sands’ New President

by December 15, 2014

Last week, Las Vegas Sands Corp., a Neveda-based casino and resort operator, announced the appointment of Rob Goldstein, the company’s longtime executive, as its chief operating officer and president. He is to replace Mike Leven, who is about to retire.Goldstein has bee ...

Implementation of Online Gambling Tax in Ireland Postponed for 2015

by December 15, 2014

It was announced that the plan the Irish gambling authorities had is not likely to be developed in the next few months. The proposal for increasing the taxation for online gambling was about to take effect really soon but all of a sudden it was delayed for next year.The delay ...

The Showboat to Be Converted into a Dormitory

by December 15, 2014

Last Saturday was the day when the Showboat Atlantic City casino was acquired by a New Jersey college. It is no longer managed by Caesars Entertainment Corp; the representatives of Richard Stockton College are now officially in charge of the property.The property purchase its ...

Crown May Not Be Able to Finance Its New Projects

by December 15, 2014

Last Friday, Crown Resorts Ltd. announced its plans to expand its business and to develop a new luxurious hotel and apartment complex located in a close proximity to the company’s Melbourne casino venue. The Australia-based gaming operator is going to collaborate with Schia ...

Long Island to Have Slot Parlors Established Before the Foundation of New Casinos in New York

by December 15, 2014

Despite the widely promoted and described as magnificent and impressive, the future casinos in the state of New York will most probably be preceded by “slots in a box”. For the time being, restaurants, luxurious hotels and entertainment facilities are not included in the list of ...

Analysts Not Sure about the Success of the $7.1-Billion Saipan Casino Project

by December 15, 2014

In August, Asian investor Imperial Pacific International was awarded a 25-year license for the construction and operation of a casino on Saipan, the largest of the Northern Mariana Islands. According to the contract, the period could be extended by 15 years. Recently, gaming expe ...

Curtis Bashaw to Establish the First “Boutique” Casino in Atlantic City

by December 15, 2014

Last week, New Jersey authorities announced that they were going to make the laws that have been valid for three years now less strict. They have decided to find alternatives for improving the struggling local economy and attract investors who would be interested in building two ...

Non-Profit Organization Opposes Deadwood Amendment Q

by December 14, 2014

A Deadwood lobby group plans to campaign against a measure in local legislation for the authorization of three new games – keno, craps and roulette, in the city and the tribal casinos nearby. Residents voted in favor of the amendment a month ago.Dale Bartscher, executive dire ...

Revel Has a New Buyer

by December 13, 2014

Yesterday, December 12, a bankruptcy judge canceled the deal for the purchase of Atlantic City-based Revel Casino Hotel. The gambling venue, which is currently closed down, was to be sold to a Canadian investor for the sum of $110 million.The hotel and casino facility had fil ...

Court Gives the Green Light to Sun International’s Casino Relocation

by December 13, 2014

Earlier this week, the High Court of South Africa announced its decision to dismiss the application against the relocation of the Sun International casino to Menlyn Maine. The applicants had called for the R3-billion project to be suspended.Sun International, a popular South ...

Major Neptune Investor Wanted By Hong Kong Police

by December 12, 2014

Hong Kong police is investigating Cheung Chi-tai, an important figure in one of Macau’s most popular gambling operators. Mr. Cheung, who is known to be one of the company’s major investors, is a suspect in a money laundering case.On November 30, the police posted ...

Discussions about Caesars Entertainment Debt Reconstructing Plan Reach a Dead End

by December 12, 2014

Caesars Entertainment Corp. has been making the headlines recently and it seems like the setbacks the company is experiencing are not going to end anytime soon.Lenders of Caesars have just informed the media that the company failed in reaching an agreement with the senior bon ...