It has become a tradition for Chris Christie, Governor of the state of New Jersey, to annually revise with his cabinet the taxes that are imposed on people who have won large sums from the lottery and those that are levied on casinos.They also tend to discuss various ways in ...
Last week, the casino gambling legislation procedure in the state of Kentucky was brought to a standstill.The racing lobbying group suddenly announced that it no longer supports the legislation bill. Previous Friday, the Kentucky Equine Education Project (KEEP), one of the o ...
Last week, Global Cash Access, the renowned provider of various casino cash products, announced that it was another step closer to the acquisition of Multimedia Games, Inc., a Texas-based manufacturer of a wide range of slot machines. The purchase is estimated to cost about $1.2 ...
Dragonara Gaming officials defined government’s arguments for dismissing the board, whose members were in charge of selecting the company that will be allowed to establish a new casino, as “hollow and pathetic”.As soon as Chris Cardona, the Maltese Minister of Economy, ...
Californian PokerStars coalition has publicly responded to Assemblyman Mike Gatto’s legislation that was introduced last week. It seems that the coalition, which unites three local card clubs as well as San Manuel and the Morongo Indian Tribes, is not particularly keen on G ...
The managers of Atlantic City-based Trump Taj Mahal casino decided to postpone its closure by 8 days. The venue was initially scheduled to close doors on December 12 and now this is expected to happen on December 20 or even later.Trump Entertainment Resorts announced on Frida ...
Earlier this week, London-based telecommunications company Sky announced that a controlling stake in its online gambling division will be acquired by CVC Capital Partners. The world-famous private equity and investment advisory firm will pay the amount of £800 million or $1.25 bi ...
Yesterday, Dutch gambling regulators announced that all gaming operators, willing to continue providing their services on the territory of the Netherlands, are welcome to “pre-apply” and get their licenses renewed.For operators’ convenience, applications can be submitte ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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