Macau Revenues To be Improved Due to Extended Working Hours of Three Venues

by November 24, 2014

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 ...

International Entertainment and Suncity Cannot Reach an Agreement Yet

by November 24, 2014

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 ...

South Korea to Expand Its Gambling Sector While Japan Suspends Legislation Matters

by November 24, 2014

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 ...

Acquisition of Reef Casino Trust Postponed

by November 24, 2014

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 ...

Pennsylvanian Gaming Board Comments on Second Philly Casino License

by November 22, 2014

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 ...

Solaire Opens Sky Tower

by November 22, 2014

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 ...

Wynn Resorts Scrutinized for Potential Money Laundering

by November 21, 2014

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 ...

Gambling “Limitation” Proposal Meets the Opposition of Casino Investors

by November 21, 2014

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 with Modern Events and Equestrian Centers by December

by November 21, 2014

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. ...

Pala CEO Clear of Suspicion on Ultimate Bet Case

by November 21, 2014

New information, concerning the cheating scandal at Ultimate Bet that surfaced back in May 2013, was just released. New Jersey’s Division of Gaming Enforcement (DGE) officially announced that by far no evidence was found about Jim Ryan, current managing director of online g ...

European Countries to Implement New VAT Laws

by November 21, 2014

Currently, authorities of several European countries are reviewing the existing gambling rules and regulations with the aim of changing the outdated ones and making them as compatible to the fast developing gambling sector as possible.Along with implementing changes in the ...

PokerStars Casino Games and Sports Betting to Debut on Italian Market

by November 21, 2014

Marco Trucco, who was recently assigned the position of manager of PokerStars Italy, announced that the popular poker platform will introduce its casino and sports-betting products on the Apennines.Trucco stated that PokerStars has already made it public that it will diversif ...

Indian Tribe to Face Court over Breach of UIGEA and IGRA

by November 20, 2014

Kamala Harris, attorney general from California, took Iipay Nation of Santa Ysabel to a US district court, asking for a non-permanent restraint order as well as preliminary and indefinite injunctions against them.The San Diego-based tribe, which had been granted federal reco ...

Judge Wants the Liquidation of Taj Mahal

by November 20, 2014

The closure of Taj Mahal was officially announced. It is supposed to take place on December 12th. Bearing in mind all factors that led to the financial collapse of one of the most popular venues in Atlantic City, the Judge, responsible for the bankruptcy proceedings, understandab ...

Genting and Landing International with a Joint Project in South Korea

by November 20, 2014

Malaysian conglomerate Genting Group is to be introduced to South Korean gaming market some time in 2015. One of its entities – Genting Hong Kong Ltd., will collaborate with property developer Landing International Development Ltd. The two companies will manage an already establi ...