As reported by the Australian: “Three months after James Packer and his Hong Kong joint venture partner Lawrence Ho agreed to spend $US900 million ($1.2 billion) buying a Macau casino licence, it is now valued at $US1.36 billion. “The valuation, done by Hong Kong firm American Appraisal, was released to the Hong Kong Stock Exchange […]
Tag Archives: casino
As reported by the Newport Daily: “Barring a successful legal challenge, casino proponents will be spinning the electoral roulette wheel this November to see if voters will approve an amendment to the constitution allowing a privately run casino in the state. “The Senate approved the constitutional referendum, 23-13. Unlike all other legislation, the governor does […]
As reported by Reuters: “Top South African casino operator Sun International said on Friday it would not submit a bid for the second of Singapore’s two planned casino resorts, narrowing the number of contenders for the billion-dollar project. “Sun said the Singapore development would involve too great a diversion of its resources, adding that it […]
Coming off a 4-3 series win over the never-say-die Buffalo Sabres, the Eastern Conference champion Carolina Hurricanes are -135 favorites to win the Stanley Cup, according to odds makers at Sportsbook.com, the world’s largest online sportsbook and casino. The Hurricanes, making their second trip in four seasons to the Stanley Cup final, will be looking […]
As reported by the Bellingham Herald: “The site of the Nooksack Indian Tribe’s planned casino was vandalized with more than 100 aluminum nails spread across the driveway entrance. “Larry Mount, chief of Nooksack Tribal Police, said the nails were ‘systematically spread across the whole driveway’ for 8 to 10 feet. They were placed there between […]
Art Frank, former President and CEO of Casino Rama, has been named President of Niagara Casinos by the board of directors of Falls Management Company (FMC). As President of Niagara Casinos, Mr. Frank will be responsible for the day-to-day operation of both Fallsview Casino Resort and Casino Niagara. While with Casino Rama, Mr. Frank spearheaded […]
As reported by the Age: “Online wagering and gaming company Centrebet is placing its bets on a new generation of sport and poker lovers as it looks to raise $70 million and list on the stock market. “The company, owned by Sydney’s wealthy Kafataris family, expects to list on the Australian Stock Exchange on July […]
UK Casino and Poker Operator 32Red today announced the acquisition of Bet Direct from Sportech Plc, for a total of £11 million plus account liabilities. Bet Direct is one of the largest independent telephone and internet betting businesses in the UK, offering telephone, internet, interactive TV and mobile sports betting, as well as online casino, […]
As reported by the Chronicle Herald: “Security cameras using facial recognition technology will soon scan everyone coming through the doors of the newly renovated Casino Nova Scotia. “A digital security system and facial recognition technology, costing $3 million, are just part of $20 million in renovations being conducted at the Halifax casino by Great Canadian […]
As reported by the Age: “Online wagering and gaming company Centrebet is placing its bets on a new generation of sport and poker lovers as it looks to raise $70 million and list on the stock market. “The company, owned by Sydney’s wealthy Kafataris family, expects to list on the Australian Stock Exchange on July […]
As reported by the Detroit News: “While MGM Grand Detroit and MotorCity casinos are working furiously to build lavish new permanent hotel-gaming complexes, Greektown Casino remains tangled in red tape that has prevented it from placing its first shovel in the ground. “The delays could end up costing Greektown Casino tens of millions of dollars […]
As reported by the Albany Times Union: “Despite its murky legal status, Turning Stone casino won’t be closed, Attorney General Eliot Spitzer said Thursday. “In his most protracted remarks since the U.S. Supreme Court ruled the land under the casino is taxable, and therefore not sovereign territory, Spitzer said the thorny problem of its continued […]
As reported by the Louisville Courier-Journal: “A potential $10 million subsidy for Arlington Park, Churchill Downs Inc.’s Chicago-area racetrack, faces a challenge from casino operators, who contend that a new Illinois law is unconstitutional. “Last Friday, Gov. Rod Blagojevich signed the bill, which calls for a two-year subsidy of horse racing by riverboat casinos. “Yesterday, […]
As reported by the San Francisco Chronicle: “Gambling in California, fueled in large part by the expansion of Indian casinos, has grown into an industry worth more than $13 billion a year, according to a report released Wednesday by the state attorney general. “Indian casino revenue made up the biggest single chunk, with an estimated […]