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 AutoritĂ© des MarchĂ©s 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 ...

New Jersey Authorities Help Unemployed Casino Workers Find a New Job

by December 11, 2014

A State Senator of New Jersey has just proposed a new bill with the aim of ensuring that all employees who used to work for casino venues that are no longer on the local gambling market, have additional qualifications that would be helpful when it comes to finding a new job.Y ...

Global Gaming Asset Management Allowed to Sell Bloomberry Shares

by December 11, 2014

World-famous operator of integrated resorts Global Gaming Asset Management (GGAM) announced that it was allowed to sell its shares in the Philippine-listed Bloomberry Resorts Corp.Earlier today, Bloomberry stated in a special filing to the Philippine Stock Exchange that the r ...