According to people familiar with the situation, Chinese investors Tony and Justin Fung are about to acquire Canberra Casino by the end of the year.However, they will discuss the price with the current owners with the aim of getting a discount, equal to $3 million.Althoug ...
A few days ago, Caesars Entertainment Corp. was given a notice of default because the casino giant failed in making its payments before the deadline agreed. As a matter of fact, that agreement was reached after long restructuring discussions between Caesars’ managers and th ...
Plans for the construction of a new Las Vegas-style casino in the state of Kansas were announced on Monday, November 24. The new Castle Rock Casino Resort is to be located in Cherokee County and to become the fourth gambling facility within the territory of the state.As state ...
Last Friday, the deal, concerning the acquisition of Bally Technologies, was closed. According to the information, Scientific Games obtained Bally for the impressive sum of $5.1 billion.On Thursday (Nov.20), regulators of Nevada Gaming Commission approved of the deal between ...
Last Friday, the judge who was in charge of dealing with the complicated issue, concerning the sports betting legislation, made a final decision. According to it, the state state of New Jersey will not be allowed to abolish the prohibition with the aim of helping the horse racing ...
The city of Sochi became known earlier this year as being the host of the 2014 Winter Olympics. And now the Kremlin has decided that it might be turned into a popular gaming destination.Back in 2009, Russia took stern measures against gambling, restricting the establishment o ...
It is a well known fact that the major gambling hub in Asia – Macau, has been going through hard times and the issues with the revenues generated are getting more and more complicated.However, it looks like there is a light at the end of the tunnel and Macau-based venues will ...
Hong Kong-based company International Entertainment Corporation, which showed interest in attaining 70% of Macau-listed Suncity International Holdings, announced mere days ago that the deal has not been inked yet.A special report was released, according to which, the two comp ...
It seems like Japanese gambling legislation is not going to take effect anytime soon but South Korean authorities are not wasting their time at all.According to the initial plan, Japan was supposed to make the gambling activities legal, several casinos had to be established a ...
Two months ago, it was announced that the Hong Kong billionaire Tony Fung was intending to acquire the popular Reef Casino Trust, based in Australia.However, it seems like his plans were brought to a standstill as the government in Queensland announced that the regulatory rev ...
Earlier this week, it was reported that Philadelphia is going to have yet another casino – the so-called Live! Hotel & Casino, which will be operated by Cordish Companies and Greenwood Gaming and Entertainment. This announcement, however, was not particularly welcomed by Sug ...
Philippine casino developer and operator Bloomberry Resorts Corporation announced that Phase 1 of the expansion of Solaire Resort and Casino has been completed. The refurbished venue opens doors for visitors and guests today, November 22.The new seventeen-story hotel, calle ...
Popular Nevada-based casino and hotel operator Wynn Resorts Ltd. was reported to have been investigated by the Manhattan and Las Vegas U.S. Attorney’s offices together with representatives of the Internal Revenue Service and Drug Enforcement Administration. The company has been s ...
Massachusetts is one of the states that will have its gambling sector expanded but authorities raised the question about the gambling addiction problems, which are likely to arise. One of the suggestions for dealing with them was a limit to be set and players to be supposed to st ...
Kansas Star Casino announced its extension project, which was estimated to amount to $20 million. It involves the construction of a meeting center and an equestrian one with 183 stalls for horse shows to be held. Both establishments are to open doors by the middle of December. ...
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