CIMB Welcomes Resorts World Genting Expansion

by December 5, 2014

CIMB Research, a division of the Kuala Lumpur-based company CIMB Group, announced the results of the study it had carried out, concerning the future expansion of Resorts World Genting. CIMB’s experts concluded that the integrated casino resort will only benefit from providi ...

Brookfield to Acquire Revel Despite the Deal Termination Announcement

by December 5, 2014

The lawyer of Revel Casino Hotel announced that managers are currently reviewing the alternative for reviving the property sale. Yesterday, the attorney threw a curve ball by announcing that “neither side has terminated the agreement”.Those who are familiar with t ...

BC Ferries to Accommodate Slot Machines on Board If Authorities Ensure Bigger Share Revenue

by December 5, 2014

Representatives of British Columbia Ferry Services Inc. said that province officials have to provide them with a bigger share of the revenues. Otherwise placing slot machines on the ships would not bring them any financial benefit.Company’s CEO Mike Corrigan said that h ...

Richard Glynn Leaves Ladbrokes

by December 5, 2014

Yesterday, the media in the United Kingdom was notified that Richard Glynn, the Chief Executive Officer of Ladbrokes, will no longer take this position. Glynn has dedicated five years to making the company a competitive and widely recognized one.However, people with knowledge ...

Blackstone to Buy The Cosmopolitan of Las Vegas

by December 4, 2014

Yesterday, December 3, the Nevada State Gaming Control Board stated that the Blackstone Group may become the new owner of The Cosmopolitan of Las Vegas. The New York-based company is known to be a leader in the provision of a wide range of private equity services, investment mana ...

Craig Ford To Propose Two Pieces of Legislation at the Next Session

by December 4, 2014

When asked to comment the financial issues of Alabama, Rep. Craig Ford said that the lottery games and the compact of the Poarch Band of Creek Indians are the two factors believed to have a positive effect on complicated financial matters of the state.That is why their legisl ...

Japanese Pachinko Operators Willing to Expand Their Business

by December 4, 2014

Some of the most popular pachinko companies have expressed their willingness to expand their business and become available on markets outside Japan. They are looking to reach agreements with Hong Kong-based companies in particular and their top priority is to compensate for the l ...

Cedar Rapids Mayor with a Proposal for Changes in Iowa Gambling Laws

by December 4, 2014

Earlier this week, a bipartisan plan for changes in local gambling laws was introduced in the state of Iowa. It is expected to be discussed at the 2015 session, scheduled for January. However, it was reported that local Legislature did not particularly welcome the proposal.Sp ...

Ed Marsico Asks for Financial Aid to Fight Illegal Gambling Activities in Dauphin County

by December 4, 2014

From next year on, all slot machines and gambling services that have not been approved by the Dauphin County authorities will be even more carefully scrutinized provided that the request made by county’s attorney is approved by the Pennsylvania Gaming Control Board.Ed M ...

Study Suggests Various Approaches Concerning the Future Casinos in Maine

by December 4, 2014

The state of Maine has been making the headlines recently as it is about to have its two new casinos established. A few days ago, several members of the Legal Affairs Committee and the Maine Legislature Veterans have settled down around the idea of revealing details, concerning t ...

New Online Poker Law May Ban Mexican Grinders from .com Poker Sites

by December 4, 2014

According to recent news and reports, Mexican authorities are considering to implement a new law that will forbid local online grinders to play with peers from the rest of the world. This will be done by the introduction of a .mx country code top-level domain that will make poker ...

Buena Vista Rancheria with Both Good and Bad News about Its Casino Project

by December 3, 2014

Two court decisions, concerning the California-based Buena Vista Rancheria of Me-Wuk Indians, were announced earlier this week. Both of these were related to the proposed new tribal casino, which is expected to be located in Amador County. The idea for its establishment has been ...

Albany Welcomes the Construction of New Casino in Rensselaer

by December 3, 2014

Only a couple of weeks before the state of New York announces which operators will be awarded casino licenses, a group of Albany officials expressed their support for the Hard Rock Hotel & Casino project. The venue is planned to be located in Rensselaer, right on the bank of ...

Betfair Closes Its New Jersey Poker Site

by December 3, 2014

A Betfair spokesperson announced that the company’s poker site, available for residents of New Jersey, was shut down on December 1. This, however, will by no means influence the operations of the state’s casino platform or any of the poker sites, operated outside the ...

Mike Gatto to Introduce His Poker Legislation Bill to California Regulators

by December 3, 2014

Mike Gatto, California Assemblyman, informed the media that he is planning to introduce his online poker bill on Tuesday. According to him, it will help the state deal with some issues that used to be a setback for the poker legislation bill to pass.Gatto gave a brief intervi ...