Voters will decide whether to approve the expansion of casino in New Jersey beyond Atlantic City. A referendum will be held in November as state's legislature approved the ballot plan on Monday.
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.
The move to legalize online poker started six months ago and a few changes have been seen since then. The legalization is expected to stop illegal online gambling that has been going on in the country since the activity was banned, and in turn, could also increase tax revenues for Russia. The rest of terms and time measures on this remain unknown.
Solaire Casino Resort, which is owned by Bloomberry Resorts Corp, had terminated the management services agreement over the casino with Global Gaming Asset Management LLC.
Online gaming developer Zynga topped analyst predictions on its latest revenue announcement.
Ceasars rose 13% due to web-based gambling optimism.