Casino
February 23, 2020
Eldorado Might Sell Several Caesars Las Vegas Strip Properties
Eldorado is rumoured to be considering the sale of some properties within the Caesars Palace on the Las Vegas Strip, after the merger between the two rival companies is finalized later this year. Sales Of Assets The $17.3 billion acquisition of Caesars Entertainment by its rival in the casino and hospitality industry, Reno-based Eldorado Resorts, […]
Casino
February 21, 2020
Resorts World Las Vegas Announce Hilton Partnership Deal
Resorts World Las Vegas has teamed up with Hilton to utilize three of its brands in the currently under development integrated casino resort that will be located in the northern end of the Las Vegas Strip. Hilton Breaks Its Record Under the terms of the deal that is the largest multi-brand deal in Hilton’s history, […]
Casino
February 20, 2020
DraftKings Sports Book Mobile App Live In Wild Rose Casinos In Iowa
DraftKings, the company that gained popularity mainly for its leadership role in the daily fantasy sports, has launched mobile sports book operations in Iowa. Wild Rose Casinos Provide The Stage Back in October 2019, as part of their partnership deal with Wild Rose Entertainment LLC, Boston-based DraftKings launched brick-and-mortar sports betting operations in the three […]
Casino
February 20, 2020
Gamblers Missing in Action as Macau Casinos Reopen
A little over a fortnight ago, casino in the Chinese territory of Macau closed shop in a bid to give room and time for efforts to combat the recent Covid-19 coronavirus outbreak. The 15-day mandatory shutdown period finally came to an end and some 29 gambling facilities moved to quietly reopen their doors. Unsurprisingly, not […]
Casino
February 18, 2020
MGM Remains Sole Bidder for Osaka Integrated Resort
Amid the scramble to secure a license to be the first casino operator to build an Integrated Resort (IR) in Japan, MGM Resorts International has finally pulled ahead of the race, with the government of Osaka confirming that the company has been the only one to bid for the project so far. MGM teamed up […]
Casino
February 15, 2020
MGM Resorts’ Jim Murren to Claim Close to $32m in Exit Payout
Amid stepping down, one of MGM Resorts’ most iconic CEO, Jim Murren, is about to collect close to $32 million, a recent filing to SEC revealed. Jim Murren to Collect Nearly $32m in Bonuses, Salary, and Fees According to a filing to the Securities and Exchange Commission (SEC), Jim Murren, MGM Resorts’ boss who announced […]
Casino
February 14, 2020
Gambling Shares Drop Amid Mention of Potential £2 Limit on Online Games
Shares in gambling companies in the United Kingdom have come a-tumbling after the UK Gambling Commission’s chief executive, Neil McArthur, acknowledged that the Commission could take an interest in reviewing the maximum allowable bets on online slots, scaling them down to £2. Mr. McArthur spoke to a cross-parliamentary group of MPs (APPG) overseeing gambling and […]
Casino
February 13, 2020
Canadian Court of Appeals Says Tips to Casino Workers Are Taxable Income
A Federal Court of Appeals in Canada has upheld a previous court ruling that money granted to casino staff as a “thank you” compensations or tips are still subject to Canadian tax law. Casino Workers Tips Subject to Taxation, Lawmakers Say A Canadian Federal Court of Appeals (FCA) judge has ruled earlier this week that […]
Casino
February 11, 2020
MGM Springfield Casino Relies On Sports Betting Legalization
MGM Springfield casino, the $95 million resort-type casino in Springfield’s South End, Massachusetts, enters its third year of operation, clutching on the hope sports betting legislation would pass through state legislature and be approved by State Gov. Charlie Baker to get back to growth. Low Revenue Following months of lackluster revenue numbers reported to the […]
Casino
February 11, 2020
Macau Gaming Operators Donate $25m to Coronavirus Relief Efforts
Macau’s gambling companies have vowed between $2.5 and $3.8 million for the sum total of $25 million to help with medical supplies and the relief efforts in the spread of the coronavirus. Coronavirus Threat Continues to Spread Prompting Casinos to Donate With the Macau gaming industry taking a hit last week when the administrative region’s […]