One of Canada’s largest and most diversified casino operator Gateway Casinos & Entertainment Limited (“Gateway”) officially announced that it inked a sale-lease-back agreement for up to three Vancouver properties worth over C$500 million with American investors. Under the “Sale-Leaseback” agreement, Mesirow Realty Sale-Leaseback will be the new landlord of the […]

The ultra-luxurious casino hotel in Macau, dubbed The 13, will not launch before March 2019, a recent financial filing of its developing company reveals. The top-tier property was intended as a first-class resort targeting VIPs and high-rollers but an avalanche of setbacks have postponed its opening multiple times, with a […]

Hard Rock International and the owners of Rideau Carleton Raceway in Ottawa, Ontario are partnering in a joint venture to renovate and expand the horse track. Earlier this month, the new operators of the raceway have unveiled more details about their plans to modernize the gambling property and transform it […]

The highly anticipated Florida gambling legislation was at risk after being postponed a couple of weeks ago. Now, the Bill is added to the Commerce Committee agenda for Monday, giving hope for renewing the Compact between the State of Florida and the Seminole Tribe of Florida. On Sunday, the General […]

Everybody dreams of winning money, but nobody realizes the nightmares that may come out of it. Many people would say that winning the lottery can be both a blessing and a curse. Lottery winners are initially overwhelmed by an out-of-body feeling. They feel like everything is possible and they are […]

In a large report on Bloomberg Businessweek last week, the gambling regulatory body of the Northern Mariana Islands, the Commonwealth Casino Commission, was accused of relations to a local casino, of collusion, and corruption. The commissioners denied the allegations on Thursday, insisting that they were innocent and that Bloomberg should […]

Casinos have been in appears for many years. Casino gaming has experienced extreme growth in Canada over the past several decades. That attracted the attention of many casino investors, who rolled the dice on Canada’s gambling market. Last September, the iconic Parq Vancouver casino opened to crowds. The resort is […]

Surrey is to bid farewell to the Newton Community Gaming Centre. The British Lottery Gaming Corporation (BCLC) confirmed that the bingo hall will be closed after 21st April this year. The closure of the Newton Community Gaming Centre is a result of Gateway’s intentions to relocate its gambling property to […]

Last week, the Hard Rock Casino Ottawa partnership that consists of HR LP Investor Inc. (owned by Hard Rock International) and RCR Investor Inc. (owned by Rideau Carleton Raceway Holdings Limited) provided further details about its multimillion-dollar ambitious plan to rejuvenate and expand the struggling Rideau Carleton Raceway in Ottawa. […]