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Local Indiana governments fight proposed casino tax changes

At least two local Indiana communities are fighting back against a proposed law that would give tax breaks to casinos. LaPorte County is pooling the costs of hiring a lobbyist with Michigan City, with the hope that the lobbyist will be successful in stopping the advancement of House Bill 1350. The communities will split the expected $20,000 […]

Posted on Sunday February 19, 2017

City Council to decide Shorelines Casino Peterborough agreement on Tuesday

After receiving preliminary approval from the city council last week, councilors are expected to ratify an agreement that will bring resolution to the appeal to the Ontario Municipal Board (OMB) regarding the decision to rezone a parcel of land on Crawford Dr. for the proposed new Shorelines Casino Peterborough, according to the Peterborough Examiner. Under […]

Posted on Sunday February 19, 2017

Online poker bill in New York moves forward with committee vote

Online poker has been a hot topic of discussion across the US, with several states showing interest in the industry. In New York, two bills have been proposed to legalize the activity this year, one in the Assembly and one in the Senate. The Senate bill, S3893, was proposed by Senator John Bonacic and recently […]

Posted on Sunday February 19, 2017

Leaving NV Energy will cost Caesars $44 million

Caesars Entertainment Corp. will soon be shopping the wholesale market for its power supplies, as the company has agreed to ante up $44 million to no longer be a retail customer of NV Energy, according to the Las Vegas Review-Journal. In addition to the $44 million exit fee, Caesars has also reportedly agreed to pay […]

Posted on Sunday February 19, 2017

Arizona gambling bill advances after a few changes

Senate Bill 1312 was introduced by Arizona State Senator Sonny Borrelli to allow for the legalization of gambling in bars and clubs. The legislation was instantly opposed by Indian tribes in the state as they said the activities would be in violation of their tribal/state gaming compact. After introducing the measure, Borrelli made a few […]

Posted on Sunday February 19, 2017

Melco Crown Entertainment Limited posts positive fourth-quarter performance

Asian casino operator Melco Crown Entertainment Limited has released its financial results for the fourth quarter of 2016 detailing a 13% increase year-on-year in net revenues to $1.19 billion thanks to the positive performance of its Studio City Macau and City Of Dreams Manila properties. The Nasdaq-listed firm revealed fourth-quarter net income of $43.3 million, […]

Posted on Saturday February 18, 2017

Baha Mar Casino And Hotel receives over 11,000 job applications

Ahead of the scheduled April opening of the first phase of its Baha Mar Casino And Hotel in the Bahamas, operator Chow Tai Fook Enterprises Limited has reportedly revealed that it has received over 11,000 applications from people interested in working at the new $3.5 billion integrated casino resort. According to a report from The […]

Posted on Saturday February 18, 2017

Georgia casino bill to receive committee vote next week

After much consideration and a few changes, a casino bill proposed by Senator Brandon Beach of Georgia will be subject to a committee vote next week. Today, Senator Beach stated that Senate Bill 79 will be voted on this coming Thursday for the very first time in committee. The Senator also introduced a proposed amendment […]

Posted on Saturday February 18, 2017

Seminole Hard Rock Casino Tampa eliminates controversial parking fee

Six months ago, the Seminole Hard Rock Hotel & Casino of Tampa decided to institute a parking fee of $10 to provide a more secure parking area for guests. The parking garages were adding security offers as well as better lighting to help with visibility. Customers were unhappy with the charge and continued to vent […]

Posted on Saturday February 18, 2017

MGM China Holdings Limited ends challenging year on a high

Asian casino operator MGM China Holdings Limited has released its unaudited fourth-quarter financial results showing that the firm took in $1 million more net revenues than for the same period in 2015 at $499.7 million. Hong Kong-listed MGM China Holdings Limited operates the 600-room MGM Macau property in Macau’s traditional downtown district and has plans […]

Posted on Saturday February 18, 2017

NetEnt breaks records as casino group releases 2016 numbers

The Stockholm listed online casino games and software provider, NetEnt released impressive and record-breaking 2016 numbers recently, showing a full-year revenue jump of over 28% and a profit growth of 35%. For the first time since NetEnt expanded beyond its native borders, the UK gambling market has become its biggest, and the group’s CEO said […]

Posted on Friday February 17, 2017

American investments firm purchases large stake in The 13 Holdings Limited

Ahead of the opening of its The 13 luxury hotel in Macau later this quarter and property developer The 13 Holdings Limited has announced that American investments firm Evolution Capital Management has acquired a major stake in its business. In a filing with the Hong Kong Stock Exchange written by company secretary Joanna Mui Ching […]

Posted on Friday February 17, 2017

Macau economy expected to grow as housing market remains tight

A new report from the International Monetary Fund has reportedly predicted that the economy of Macau is set to grow by 2.8% in 2017 after failing to chalk up any forward progress over any of the previous four years. According to a report from local television and radio broadcaster Teledifusao De Macau, the global financial […]

Posted on Friday February 17, 2017

MGM Springfield construction progress could see venue opening earlier than expected

According to a press conference yesterday, the MGM Springfield casino resort of Massachusetts could open earlier than expected. The casino project has reached the halfway point in construction, despite many delays and changes to the original plan. The $950 million casino project is one of two projects taking place in the state to see the […]

Posted on Friday February 17, 2017

Grand Casino Lucerne beats off competition to take prestigious prize

In Switzerland, the Grand Casino Luzern has reportedly beat off stiff competition in a special poll by users of the Casinos.ch news, gaming and entertainment platform to be named as the nation’s best casino for a third consecutive year. According to a report from the G3Newswire news portal, the Lucerne casino narrowly overcame Grand Casino […]

Posted on Friday February 17, 2017

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