The Australian Northern Territory Labor Government, led by Chief Minister Michael Gunner, revealed that his cabinet is to refrain from supporting Gibraltar-based lottery gambling provider Lottoland, which has suffered a lot of criticism for quite a long time now. In that way, the top politician aims to quench the political […]
Casino News
Crownâs Former CEO to Receive Financial âThank Youâ for Loyalty
Australian gambling operator Crown Resorts consider to farewell its former Chief Executive Rowen Craigie properly, paying him termination benefits of $6.27 million in cash and $2.9 million in shares. The company, led by the billionaire James Packer, needed to part ways with its highly-valued CEO Rowen Craigie, who left his […]
Springfield Officials Discuss Fund Distribution and Gaming Revenue
Massachusetts came under the spotlight of the gambling scene with its 2 new gambling venues, and more precisely MGM Springfield (slated to open its doors in 2018) and Wynn Boston Harbor (scheduled to start operating in 2019). The local legislators projected that the 2 gambling venues can generate tens of […]
Greektown Casino-Hotel in Detroit Commences Rebranding Campaign
JACK Entertainment LLC, known to be the owner of Greektown Casino-Hotel in Detroit, announced that the entertaining complex is nearing the finishing line regarding its rebranding campaign. The new name is set to officially occur on 1st May 2018, when the old sign will be replaced by the new one, […]
Resorts World Manila Walks Recovery Path
Resorts World Manila seems to be on its way to revive its gambling operations after the tragic events on 2nd June this year when a gunman assaulted the casino complex. This tarred Resorts World Manilaâs reputation, leaving the entertaining complex at life support. Struggling to win back the trust of […]
MGMâs Bridgeport Casino Project Calls for Law Reform in Connecticut
The casino operator MGM Resorts International announced its plan to open a gambling facility in the biggest city in Connecticut, Bridgeport. The casino project is estimated to worth $600 million and it is to be realized in a partnership with RCI Group, offering also financial incentives for the state. Despite […]
Imperial Pacific Impairment Loss Jumps to Sky-High Level
On Friday, 15th September, Imperial Pacific International Holdings, a Hong Kong-based operator of a casino resort on the island of Saipan, posted a report, reflecting the net losses of the company. The figures reveal that the company witnessed an impairment of trade receivables equated to HKD2.08 billion in total for […]
British Business Magnate Urges Officials to Launch Crackdown on Gambling Ads
The British businessman Alan Michael Sugar, also known as Lord Sugar, claims that gambling industryâs marketing strategies are encouraging the population to gamble. Consequently, he publicly asked for stricter broadcasting regulations on the gambling advertisements in the UK. The businessman went even further by calling for a complete prohibition on […]
Washington Tribes Launch $100 Million Casino Project
The Tulalip Tribes plan to turn the first sod of the $100 million casino project to replace the already existing Quil Ceda Creek Casino in Snohomish County, Washington. It was reported that the construction of the gambling facility is to start by the end of 2017 and the project completion […]
Ottawaâs Gambling Expansion Plan Runs into Opposition Wall
On Wednesday, Ottawaâs city council was invited to reaffirm its decision that Hard Rock Casino Ottawa is in charge of Rideau Carleton Raceway gambling operations, which was formerly owned by the Ontario Lottery and Gaming Corporation (OLG). As this is the first discussion on the matter, some councilors did not […]