Tony Fung Reveals Information about Casino Canberra’s Renovation
Business magnate Tony Fung revealed details about the design of the new integrated resort that is to be built on the site of the former Casino Canberra. The billionaire, who was born…
THE CASINO NEWS DAILY NEWSROOM
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7,526 articles · Page 223 of 236
The Culinary on Good Terms with The Cosmopolitan’s New Management
In October 2013, members of Las Vegas-based Culinary Workers Union Local 226 were arrested due to civil disobedience in front of The Cosmopolitan. More than a year later, the venue has its…
By Terry DavisAndy McCue Is the New CEO of Paddy Power
Paddy Power officials announced that the name of the new chef executive officer is Andy McCue. The change did not come as a surprise to those who keep an eye on company's…
By Susan SuttonNepalese Lawmakers Put Pressure on Ministry of Tourism to Reopen Country’s Casinos
Nepalese lawmakers demanded that the Ministry of Culture, Tourism, and Civil Aviation should reopen the country's casinos that were shuttered back in April 2014. The gambling venues were shut down due to…
New Jersey Gambling Sector to Have an Eventful Year
The gambling industry in the state of New Jersey experienced a lot of setbacks during the previous year and now, everybody is eager to get an answer to the question when an…
By Susan SuttonNew Hampshire Makes Attempts to Legalize Gambling Activities
Gambling legislation in New Hampshire has almost succeeded in being approved by authorities during the time Governor Maggie Hassan was in charge of dealing with the state's gambling affairs. People with considerable…
Melco Crown Entertainment Leaves the Hong Kong Stock Exchange
Popular casino operator Melco Crown Entertainment Ltd. announced its decision to remove its shares from the Hong Kong Stock Exchange. The company pointed to “cost and utility” as the main reason for…
No ATMs Will Be Placed in Massachusetts Casinos
The Massachusetts Legislature announced that it would retreat from its decision to allow access to ATMs at gambling venues. A few days ago, the House and Senate agreed on the removal of…
By Terry DavisBribery Investigation against Universal Entertainment Terminated
The Philippines officials have repeatedly recommended the investigation, concerning the accusation of Universal Entertainment Corp. of bribery, to be stopped. Last Monday, executives of the corporation, owned by Kazuo Okada, made an…
By Susan SuttonAtlantic County Officials Require Financial Relief for Taxpayers
Despite the fact that Atlantic City authorities are trying their best to provide the struggling casinos as well as the unemployed casino workers with relevant compensations, their decisions met the opposition of…
D’Iberville’s Scarlet Pearl Casino Resort to Be Launched towards the End of 2015
It was announced that the Scarlet Pearl Casino Resort in D'Iberville, Mississippi is planned to open doors for guests and visitors by the end of 2015. City's Mayor Rusty Quave commented that…
By Terry Davis
Maywood Park and Balmoral Declare Bankruptcy
Last Wednesday, December 24, Maywood Park and Balmoral, the harness horse racing tracks of Illinois, filed for bankruptcy, as they had already promised the Illinois Racing Board. Their cases will be heard…
By Susan Sutton
Shinnecocks May Negotiate for Partnership With Florida Tribe for a Casino Development
A group of leaders from the Shinnecock Indian Nation have been negotiating with the Florida’s Seminole Tribe in terms of creating a collaboration, which will contribute to the development of their shelved casino,…
Caesars Entertainment Acquires Land for Its Multimillion Casino Project in South Korea
A few days ago, it was announced that a consortium of several companies, including a subsidiary of U.S. gaming operator Caesars Entertainment Corp., inked a $95.9-million conditional deal for the acquisition of…
Possible Expansion of the Casino Industry in Illinois Next Year
For years the lawmakers have been trying to make the building of casinos in Chicago easier. Once Bruce Rauner comes into power as governor of the state of Illinois in January 2015,…
By Susan Sutton
Casino School Opens Doors in New York City
Soon New York will have its first official casino school. The Big Deal Casino Academy, which is situated on 28th Street and 5th Avenue, will become a licensed school where everyone will…
By Susan SuttonThe Montreign Casino Resort Expected to Bring Catskills’ Long-Awaited Revival
After the $630-million project for the Montreign Casino Resort in the Catskills area got the nod from the state of New York, residents of the nearby village Monticello are now hoping for…
Macau’s Chief Executive Promises Economic Diversification
Fernando Chui Sai On, the current Chief Executive of Macau, stated that his administration will do its best to make the financial system of the administrative region less dependent on its casino…
By Terry Davis
Tyre, NY Awarded with One of Three Casino Licenses
The efforts of the Republicans in the New York Senate, and the Democrats in the State Assembly have led to the surprising decision of the New York Gambling Commission to give Tyre, NY…
By Susan SuttonLegends Casino Expansion on Budget and on Schedule
The construction of the $90-million expansion of the Legends Casino, property of the Yakama Nation, is in process. The multimillion revamp involves the building of a six-story hotel which will offer about…
Steve Wynn Shares Information about His Everett Project
Popular American business magnate Steve Wynn revealed more details about his Everett project. The developer shared that he had given up on the original design of the resort. Instead, the new building…
Las Vegas Sands’ Issuer Default Rating Upgraded to ‘BBB-‘
Fitch Ratings Inc. announced that it had upgraded the so-called Issuer Default Rating for the well-known gambling operator Las Vegas Sands Corp. from 'BB+' to 'BBB-'. The upgrade also concerns the company's…
By Terry DavisCasino Bill in Japan Might Get Approval by the End of 2015
Japanese Prime Minister Shinzo Abe, who was re-elected a few days ago, stated that he will do his best to bolster his country's economy by means of his suite of measures known…
The Mashpee Wampanoag Tribe Optimistic about Its Casino Project
The Mashpee Wampanoag tribe has been trying to build its casino in Massachusetts for years. And earlier this month, its people finally received good news for the future of the project. As…
By Terry DavisTraditions Resort & Casino Backs Tioga Downs Casino & Racing Planned Expansion
It was announced a few days ago that developers and legislators from the Southern Tier region asked for the Gaming Facility Location Board to reconsider its decision to award licenses to three…
Glenn Straub Wants a Discount on Revel’s Purchase
Glenn Straub – the bidder, who became a runner-up during the auction for Revel Casino acquisition, got the chance to buy the struggling casino when the Canadian company Brookfield Asset Management gave…
Investment Analysts Suggest that Galaxy Macau Phase 2A’s Launch May Be Delayed
A few days ago, investment analyst Cameron McKnight of New York-based Wells Fargo Securities LLC released a note suggesting that Galaxy Macau Phase 2A's launch might be postponed to May 2015. Previously,…
By Terry DavisGala Coral Inks a Deal with M&G Investments
Gala Coral – a leading betting and gaming company in Europe, has recently inked a deal with M&G Investments and transferred the ownership of 47 bingo properties, located on the territory of…
By Susan SuttonThe Isle of Man Provides Gaming Operators with Duty Relief
The implementation of the Point of Consumption Tax, which has severely affected all providers of gambling products and services on the territory of the United Kingdom, made the Isle of Man officials…
Louis XIII Holdings Ltd. Sells Shares in Cotai Hotel and Casino Project
Chinese President Xi Jinping ended his two-day visit in Macau by reiterating his cautionary advice that the administrative region should try to boost its economy with activities that do not involve gambling.…
By Terry DavisAttempts for Keeping Taj Mahal Open in 2015 to Be Made
Taj Mahal is supposed to stay open through the holidays and it will continue operating for an indefinite period of time in 2015. The closure of the venue was prevented as the…
By Susan SuttonCasino Canberra Officially Owned by Aquis
The billionaire Tony Fung has officially acquired Casino Canberra for the sum of AUD6 million. Joy Burch, the ACT Gaming and Racing Minister, publicly revealed that the deal has finally been completed…