Mon, Dec 26, 2011
In order to give our writers, artists and employees time to celebrate the holidays, GGB News will not publish on January 2. The next issue of GGB News will be delivered on January 9. We wish our readers, advertisers and customers the very best of the new year.
Sun, May 02, 2010
According a government information agency, the bill that passed Parliament in March is ready for the governor general’s signature and implementation by the Ministry of Finance and Public Service, along with the establishment of a Casino Gaming Commission and crafting of regulations. Multi-billion dollar projects are already planned for the Montego Bay area of the country, including the Rose Hall resort.
Mon, Nov 09, 2009
Confrontation with St. Louis politician over rezoning of land for casinos leads to resignation of the Pinnacle head. Company acts quickly to replace him temporarily with board members who have extensive gaming experience. But impact on Pinnacle Entertainment will be immediate.
Thu, Sep 10, 2009
In the midst of the deepest downturn ever experienced by the Atlantic City casino industry, the only new development under way, Revel, has reached an agreement that will ensure the project gets completed in mid-2011.
Mon, Aug 24, 2009
A federal appeals court rules that the state plan to accept single-game sports bets starting in September violates the federal ban on sports wagering even though Delaware is one of four states grandfathered in by the 1992 legislation.
Tue, May 19, 2009
Pansy Ho and MGM compliance efforts criticized. Effects on company uncertain, but could include selling interest in MGM Grand Macau.
Thu, May 07, 2009
Tribe can keep tables, Class III slots in South Florida; tracks get lower tax rate; non-gaming tracks can still get slots.
Mon, Mar 23, 2009
As if MGM Mirage didn’t have enough problems, Dubai World, the company’s partner in the CityCenter development, filed suit against MGM today alleging that statements made in a recent SEC filing constitute a breach of contract.
Tue, Feb 24, 2009
Boyd Gaming bids $950 million for seven properties currently owned and operated by Station Casinos.
Wed, Feb 18, 2009
A report on the Debtwire news service today said that Deutsche Bank, the investment bank that inherited the Cosmopolitan when the buildings previous owners defaulted, is negotiating with MGM Mirage give the project to the MGM's CityCenter development and raise an additional $1.2 billion to complete both projects.
Fri, Feb 13, 2009
Provisions include debt reduction plans that favor many gaming companies laboring under huge debt loads
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