Pittsburgh, Rivers Casino Join Hands For A Higher Gaming Revenue Next Year

To assure that the city receives the gaming revenues it is entitled for 2017 from the North Shore venue, Mayor Bill Peduto announced on Monday that Pittsburgh has come up into a deal with Rivers Casino.

Read Full Article

Trump Taj Mahal Closes After 26 Years; Marks 5th Casino Casualty

Taj Mahal had shut its door down 6:00AM Monday.

Read Full Article

Bangladesh Central Bank Lost $100 Million From Its New York Fed Account, Claimed That It’s Been Hacked

The Bangladesh central bank said that it has lost $100 million from its account at the Federal Reserve Bank of New York, later discovered to be transferred to the Philippines banking system. The central bank claimed that the Fed’s system was hacked, although the New York Fed denied that there was any hacking attempt made regarding that transaction.

Read Full Article

Sands China Foresees Recovery in Macau Casino Industry as The Company Prepares Its Newest Parisian Resort

China’s leading developer and operator of integrated casinos in Macau, Sands China, anticipate the casino industry recovery after a prolonged decline in revenues. The company is also preparing to finish its newest project, The Parisian Macao, to be launched later this year.

Read Full Article

Atlantic City Casino’s Revenue Slashes By Half In The Past 9 Years, Sparking Dramatic Steps

Atlantic City casino's revenue reaches its worst gain this year. There is more than half cut since 9 years ago in 2006. The closing of many casinos in Atlantic City has caused 10,000 unemployments. A big plan is prepared by Governor Christie. It is said that Atlantic City will be taken over, but still no details are given.

Read Full Article

Analysts Predict Higher Demand for Macau Gaming Next 10 years, Leading to Las Vegas Sands' Macau Hotel Operations Growth

There are different factors than can lead to the significant growth of Las Vegas Sands' Macau Hotel Operations, including the higher demand for gaming in the next 10 years.

Read Full Article

Caesars' gets its Chicago bankruptcy in win for Apollo

The bankruptcy of the operating unit of Caesars Entertainment Corp's will proceed in Chicago, a victory for the casino company's private equity backers over its hedge fund creditors who wanted the case in Delaware.

Read Full Article

Icahn offers $20 million to keep Atlantic City Trump casino open

Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast.

Read Full Article

Japan set to indefinitely postpone casino legalization: sources

Japanese lawmakers are set to indefinitely postpone legalizing casinos as Prime Minister Shinzo Abe, whose cabinet has been hit by a series of scandals, lacks the political leverage to pass a bill this year, sources directly involved in the process said.

Read Full Article

Japan casino bill delayed again; resort opening could miss Olympics: sources

Japan's plan to open up to casino gambling has been delayed again, three people familiar with the process said, dealing a blow to one of Prime Minister Shinzo Abe's policy priorities and to hopes the first resort will open in time for the 2020 Tokyo Olympics.

Read Full Article

Japan lawmakers say open to limits on casinos in push for bill's passage

Japan's pro-casino lawmakers have agreed to consider setting limits on Japanese nationals' entry to casinos, bowing to pressure from opponents who threatened to block a legalization bill unless it addressed issues such as gambling addiction.

Read Full Article

For Singapore, F1 race gets tourism back on track

Singapore will be counting on its marquee Formula One race to help make up for a 30 percent drop in Chinese tourists this year.

Read Full Article

Bally Technologies purchases SHFL Entertainment for US$1.3 billion

Bally Technologies Inc would purchase SHFL Entertainment Inc. for US$1.3 billion in its hope to expand in Asia and Australia.

Read Full Article

ACCC looks into reports of collusion over what would be Sydney’s only casino

The Australian Competition and Consumer Commission makes a probe about a newspaper report involving Crown Ltd.

Read Full Article

Echo Unveils US$1 Billion Sydney Casino Plan, Including Crown Option

Echo Entertainment submitted plans valued at US$1 billion for expansion.

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics