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Posts From Adrian Sterne

Adrian Sterne

Adrian Sterne

Steve Wynn & Marty Walsh Finally Agree On Everett Casino Deal

Wynn Resorts chairman and billionaire Steve Wynn and Boston Mayor Marty Walsh have battled it out legally and in the media for well over a year but finally managed to put their differences aside and reach a mutual agreement over

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New Jersey State Takes Control of Atlantic City Finances

New Jersey Governor Chris Christie has announced a plan which will result in the control of Atlantic City’s finances being transferred back to the state in an attempt to provide assistance to the city which is on the brink of

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U.S. Casino Market Estimated To Be Worth $93 billion by 2020

The gambling market in the United States (U.S) is expected to be worth $93 billion by the year 2020 according to research carried out by Technavio, a leading global technology research and advisory company. Based on research carried out in

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Station Casinos Receives Go-Ahead For Proposed IPO

Nevada’s Gaming Control Board and the Nevada Gaming Commission have both approved Station Casinos’ plan to go for an Initial Public Offering (IPO), a move which will make it a public company again after it was taken private in 2007.

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Adelaide Approves $300 Million SkyCity Casino Expansion

SkyCity Entertainment Group recently confirmed that it has received approval from the Development Assessment Commission (DAC) to proceed with its $300 million Adelaide Casino expansion and expects construction work to commence towards the middle of this year. The company faced

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Boston Construction Company To Build Wynn Everett Casino

Suffolk Construction Co, the biggest construction company based out of Boston, Massachusetts has been chosen by Wynn Resorts to construct the $1.7 billion Wynn Everett casino. This new contract has now become one of the biggest private construction contracts to

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Macau’s Casinos Face Heightened Risk Of Terrorist Attacks In 2016

Terrorist attacks in Macau are a distinct possibility according to a Hong Kong-based specialist political and corporate risk consultancy, Steve Vickers and Associates Ltd. The firm has comprehensively evaluated the risk climate in Macau and released a report, ‘2016 Asia

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Jamaica’s Two Integrated Casino Projects To Commence In 2016

Jamaica is in the process of welcoming two major casino resorts that are expected to start construction by mid-2016 according to the latest news reports. They are expected to provide Jamaica with a major boost by creating a number of

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Casino Revenues In Nevada Rise For Fifth Consecutive Year

Nevada’s casinos brought in $24.6 billion in revenue during 2015 which is a 2.9 percent increase when compared to 2014. This data was released by Nevada Gaming Control Board in its annual report ‘Gaming Abstract’ which confirmed that even with

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James Packer Roughs Up Crown Casino Melbourne Security Guard

Australian billionaire James Packer was involved in an altercation with a security guard of the Crown Casino in Melbourne who denied him entry as he failed to recognize who Mr. Packer is. The incident is said to have occurred on

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