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 ...

UNITE HERE Turns Down Taj Mahal Deal

by December 12, 2014

Trump Taj Mahal’s executives claim that the main casino workers’ union in Atlantic City refused to sign a deal that would have saved the casino from closure and would have prevented its 3,000 employees from losing their jobs.Yesterday, December 11, Bob Griffin, ch ...

Golden Nugget in Atlantic City Resentful Towards the Tax Relief Proposed

by December 12, 2014

Not long ago, New Jersey authorities announced that they will provide the struggling Atlantic City-based casinos with a tax relief also known as the collective tax payment. The news was well received by most casino owners but executives of one of the venues stated that the new bi ...

Amaya Headquarters Raided by the Canadian Police

by December 12, 2014

It has just been announced that officers of the Royal Canadian Mounted Police (RCMP) and the Autorité des Marchés Financiers (AMF) raided the headquarters of Montreal-based Amaya Gaming. It also seems that the police paid unexpected visits to two of Canada’s best known prov ...

Instead of Opting for Liberalization, Norway Sticks to the Monopolistic Gambling Policy

by December 12, 2014

According to people, familiar with the Norwegian gambling affairs, authorities’ intention to make the existing rules and regulations, concerning live poker, less strict, are not going to lead to the desired results.Gambling regulators aimed at liberalizing the online ga ...

The Illinois Lottery Parts Ways with Northstar Lottery Group

by December 11, 2014

Earlier this week, it was announced that the Illinois Lottery and its operator Northstar Lottery Group have decided to part ways. The reason for their split is the fact that the company has failed to generate the expected revenue for more than three years. The termination agreeme ...

Iipay Nation of Santa Ysabel Fails to Launch a Poker Website

by December 11, 2014

The state of California has been making attempts to legalize the online poker activities as soon as possible and local authorities kept announcing that they are doing their best to accelerate the legislation process.Meanwhile, executives of the Iipay Nation of Santa Ysabel, ...

MGM Gives Additional Information аbout Its Springfield Project

by December 11, 2014

Today, 250 residents of Springfield are expected to attend a special session at which construction information about MGM’s casino project will be revealed. The event is set to begin at 8 a.m., local time.The session is starting with a special presentation, during which ...