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RCBC Denies Any Money Laundering Dealings With Casinos
The Philippines Rizal Commercial Banking Corp. (RCBC) which has been named in the mega money laundering scandal involving multi-millions that was stolen from a Bangladeshi bank by hackers confirms that no money laundering has taken place via casinos in the
Read MoreMacau’s Gaming Revenue In March Drops More Than Predicated
Latest reports from Macau’s Gaming Inspection and Coordination Bureau (DICJ) show that the gross gaming revenue for the city declined by 16.3 percent to 18 billion patacas ($2.3 billion) in March 2016. This decline was sharper than anticipated, as analysts
Read MoreProposed Taunton Casino Gets Confirmed Groundbreaking Date
The Mashpee Wampanoag Tribe has announced that the groundbreaking ceremony for its proposed casino project in Taunton will be held on April 5. This is expected to be the first large casino in the Southeastern Massachusetts region. The new casino
Read MoreWhite Earth Nation To Discuss Plans For New Tribal Casino
Plans for the new casino proposed by the White Earth Nation on Star Lake near Dent, Minnesota will be revealed for the first time in a meeting to be held later this week. This is the Indian tribe’s third casino
Read MoreDebate on NJ Casino Referendum Highlights Pros And Cons
A recent forum on the proposed referendum in New Jersey discussing the establishment of two new casinos outside of Atlantic City highlighted a number of arguments both for and against the proposed plan. The referendum is also scheduled to be
Read MoreSJM Opens New Gaming Area In Grand Lisboa Casino
SJM Holdings formally opened a new gaming area in its flagship property, the Grand Lisboa casino in Macau as a part of its renovation efforts. The casino had already completed a soft launch in February. Located in the mezzanine floor,
Read MoreCasinos In Romania Worried By Smoking Ban To Public Places
Romania’s decision to extend the ban on smoking to cover all public indoor places has caused an alarm to the casino industry as establishments are concerned over a possible impact on gaming revenue. The country had initially implemented a smoking
Read MoreNew Jersey Referendum On New Casinos Scheduled For November
The proposal to build two new casinos in North Jersey moved to the next stage after the state legislature passed the bill authorizing a referendum on the question of whether casinos can be built outside of Atlantic City for the
Read MoreNew Tax Structure Announced For Casinos In Gauteng, ZA
Casinos in South Africa’s province of Gauteng are likely come under a new tax structure soon. Announced as a part of the province’s latest budget, the tax structure is being modified to improve revenues from the gambling industry. Barbara Creecy,
Read MoreBrazil Senate Approves Bill to Legalize Casinos & Online Gambling
Brazil moved closer to opening up its gambling market after a Brazilian senate committee approved a bill which permits multiple forms of gambling in the country. The Special Committee on National Development (CEDN) last week approved Bill 186 of 2014
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