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Maharashtra Government To Make Decision On Legalizing Casinos
The government of Maharashtra is expected to decide on the legalization of casino industry in the state in the next few days. The Maharashtra Tourism Development Corporation (MTDC), the state’s tourism body has been backing the proposal strongly saying that
Read MoreTsogo Sun’s Employee Shareholder Scheme Approves Stake Sale
South African casino operator Tsogo Sun has cleared a major hurdle in its plans to acquire a 20 percent stake in two Western Cape casinos owned by its rival Sun International. Tsogo Sun currently operates three casinos in the Western
Read MoreMacau Casino Operators Have The Highest Risk From Junkets
The Daiwa Securities Group, an analyst firm has named two Macau casino operators in Melco Crown Entertainment and Wynn Macau as the two main casinos with the highest risk exposure as a result of their relatively high dependence on debt-ridden
Read MoreStratosphere Casino Celebrates Its 20th Anniversary In Las Vegas
The iconic Stratosphere casino in Las Vegas celebrated its 20th anniversary this past weekend. A formal 20 anniversary celebration is being planned for May 1 to mark this special and the casino has confirmed that it will run a number
Read MorePlaytech Signs Deal With UK Casino Chain Grosvenor Casinos
Playtech, one of the leading gaming software developers recently announced that has signed a new deal to deploy its Neon casino management system (CMS) for Grosvenor Casinos which is UK’s largest casino chain. Grosvenor is owned by gambling operator Rank
Read MoreNo Rise In Massachusetts Crime After Launch Of First Casino
A recently released report has shown that there is no significant increase in crime after Massachusetts’s first casino, Plainridge Park Casino located was opened. Before the casinocould open in Plainsville, a number of anti-casino lobbyists opposed the casino saying that
Read MoreOregon Governor Urges Rethink On Allowing More Casinos In State
Oregon Governor Kate Brown has expressed her reservations on the proposal by Coquille Indian Tribe to open a second casino in the state in a recent letter to the Bureau of Indian Affairs (BIA). In a statement, Gov. Brown said,
Read MoreNagaWorld Casino Expected to See Slowdown in Growth in 2016
Nagacorp Ltd, the parent company of the NagaWorld casino and hotel complex in Phnom Penh has posted a strong growth in the first quarter of 2016, continuing its strong financial performance from 2015. According to Citi Research analysts, NagaWorld’s growth
Read MoreAtlantic City Has About 130 Days To Avoid Being Taken Over
The pressure is heaping up on Atlantic City as the near bankrupt casino city fights hard to avoid a New Jersey state takeover of its financial policies. Opposing camps have put forth two new competing proposals which more or less
Read MoreMacau Smoke Ban Bill Unlikely To Be Cleared Before August
The head of the working committee of Legislative Assembly in Macau which has been examining the bill to expand the smoking ban in Macau’s casinos has stated that the bill is not likely to be cleared before August of this
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