THE CASINO NEWS DAILY NEWSROOM
The latest developments in gambling, regulation and the people shaping the industry.
719 articles · Page 14 of 24
While what was formerly known as Trump Taj Mahal is now bearing a new marquee, some of the property's most popular facilities will be restored to life when it reopens as Hard…
Workers at the site of Hard Rock Hotel & Casino Atlantic City mounted on Friday the first sign that will identify the newest addition to Atlantic City's legendary Boardwalk. The property is…
American private equity firm The Blackstone Group has fully acquired Spanish gambling operator Cirsa Gaming Corporation, local news outlets reported on Friday citing sources familiar with the deal. The purchase price and…
Nevada-based gaming company Eldorado Resorts announced today a duo of acquisition deals that would expand its footprint across several new markets and would enlarge its portfolio of hotel and casino properties. The…
Virgin Hotels, the hotel brand of British business magnate Richard Branson, has acquired Hard Rock Hotel and Casino in Las Vegas for an undisclosed price. The property will be remodeled and rebranded…
The Massachusetts Gaming Commission expects to complete its investigation into the suitability of Las Vegas casino giant Wynn Resorts to build and operate a casino in the state by summer, gaming commissioners…
The Star Entertainment Group is looking to attract more high roller players from the Asia-Pacific region after two Hong Kong-based companies have each acquired a stake in the Australian casino operator. Retail…
Las Vegas casino giant Caesars Entertainment Corp. has threatened to abandon a $90-million casino project in Indiana, if the state’s gaming regulator decides that a $50-million transfer fee applies to the operator’s…
Shareholders of Isle of Man based gambling giant GVC Holdings PLC have voted in favor of a merger with Ladbrokes Coral PLC, the company announced on Thursday. The massive takeover which was…
Isle of Man-based online gambling operator GVC Holdings has extended its push into regulated markets with another acquisition deal. The company confirmed Monday that it would buy a majority stake in Georgian…
Baltimore-based developer The Cordish Companies recently purchased a property in the stadium district of South Philadelphia where it is planning to build a $600-million casino resort. The Business Journals reports that the…
Kentucky-headquartered casino operator Churchill Downs Incorporated announced on Wednesday that it would expand its footprint across the United States through the acquisition of Presque Isle Downs & Casino in Eerie, Pennsylvania and…
William Hill has received four offers from fellow gambling operators for its Australian business, the Australian Financial Review reported on Monday. The winning bidder is set to undergo due diligence before the…
Gambling industry veteran Fred Done is reportedly close to selling a 25% stake in the Tote to a “consortium of racing industry figures”, Sky News reported citing unnamed insiders. It is believed…
Las Vegas businessman Steve Wynn will not receive any severance or compensation after his resignation from casino operator Wynn Resorts amid multiple allegations of sexual misconduct, according to a termination agreement filed…
The proposed takeover of British bookmaker Ladbrokes Coral by Isle of Man-headquartered GVC Holdings could result in more than 1,600 employees of the combined entity losing their jobs, the two companies revealed…
The UK Competition and Markets Authority is set to review the proposed acquisition of major gambling operator Ladbrokes Coral by GVC Holdings. Local media reported that the watchdog will be accepting comments…
Leeds-headquartered private online gambling operator Sky Betting & Gaming (SkyBet) may be set for London listing, Reuters reported on Monday citing unnamed sources. SkyBet’s majority owner CVC Capital Partners has reportedly hired…
Australian hotel and casino operator Crown Resorts today announced that it had locked several asset divestment deals and that it will be using proceeds from these to reduce its debt. Over the…
The UK Gambling Commission published today its position on the highly controversial loot boxes within video games and whether these constitute a form of gambling. According to the UK gambling regulator, loot…
Spanish casino boss Manuel Lao Hernandez is reportedly considering different options for the future of gambling operator Cirsa Gaming Corp. SA, Bloomberg reported. Mr. Hernandez is the owner of the casino and…
Online gambling brand Unibet will look to increase its share in the Australian gambling market through more aggressive marketing activity, The Australian Financial Review reported. The brand is part of Kindred Group,…
Manhattan financial services company Keating & Accosiates LLC announced on Tuesday that it has entered a contract to purchase a portion of land at Atlantic City’s Revel Beach that had previously been…
When Trump Taj Mahal opened doors in 1990, it was dubbed by former owner and current President of the United States Donald Trump as the eighth wonder of the world. The property…
Macau-based hotel and casino operator Macau Legend Development announced earlier today that it is selling its 100% interest in New Macau Landmark Management, the company that manages The Landmark Macau resort in…
The owner of the former Revel Casino in Atlantic City has reportedly entered an agreement for the sale of the property to a Colorado-based businessman. And although there is usually no smoke…
Centro Canalejas Madrid, a luxury hotel, residential, and retail complex currently under development in the Spanish capital is expected to be completed in 2019 and to cost developers the amount of €525…
New Zealand hotel and casino operator SKYCITY Entertainment Group may sell the gaming portion of the SKYCITY Darwin hotel and casino resort in an effort to revive the struggling gambling business, local…
Universal Entertainment Corp., the Japanese gaming machine manufacturer, said that it had no knowledge of potential attempts by businessman Kazuo Okada to acquire a Philippines-listed company and merge it with the manager…
Owners of the $2.4-billion integrated resort Okada Manila, located in the Philippine capital, are reportedly in talks with local holding firms for the potential backdoor-listing of the gaming business. The resort had…
