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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 […]
Casino
February 9, 2020
Report Suggests Del Lago Casino $270M Finger Lakes Region Impact
The presence of casinos in certain areas help boost the overall economic activity in the region, or at least this is what is suggested by the recently announced report that Del Lago Resort & Casino in Tyre, N.Y., generated $270 million for the Finger Lakes region. Millions Of Revenues And Hundreds Of Local Jobs The […]
Casino
February 5, 2020
Virginia Considering Legalizing Casinos In Five Cities
Virginia is one of the states that casinos are still illegal, but this fact might soon change as a State Senate committee is pushing up with a legislative bill that would legalize casinos in five cities, Bristol, Danville, Richmond, Norfolk and Portsmouth, all of them situated along the southern state line. Besides that, the legislature […]
Casino
February 5, 2020
NetGaming Supercars Take Centre Stage at ICE London 2020
One of the gaming industry’s largest events, ICE London 2020, kicked off this week with NetGaming taking centre stage. The up-and-coming creative casino games studio solidified their presence in the main boulevard (Stand MS6) with their supercar-themed competition featuring a Porsche GT2 and Pagani Huayra. The company welcomes all visitors to enter the competition so […]
Casino
February 4, 2020
Macau Shuts Down Casino Industry for 14 Days as Coronavirus Spreads
As coronavirus rate of infection and death toll continues to climb, Macau’s officials have suspended the gaming industry for at least two weeks as the world steps up its efforts to bring the outbreak under control. Macau Shuts Down Casino Industry Amid Coronavirus Fears On Tuesday, Macau’s officials have called for the closure of the […]