Steve Karoul, Author at GGB News - Page 3 of 4

Vol. 22 • No. 49 • December 20, 2024Print the Current Issue

Author: Steve Karoul

Steve Karoul is a well-known and respected casino consultant. He has lived and worked in many different countries and has conducted casino marketing activities in well over a 100 different countries around the world. Karoul understands both casino operations and casino marketing. He is also a gaming industry innovator who openly shares his ideas and thoughts with fellow casino industry executives. For additional information, Karoul can be reached at skaroul@euroasiacasino.com or www.euroasiacasino.com.

Paradise City Opens in South Korea

Paradise City casino resort in Incheon, South Korea has opened its doors. Phase I of the 339,000-square-meter (3.6 million-square-foot) property near Incheon International Airport cost 1.3 trillion won (US$1.14...

Published May 1, 2017

Icahn Appealing Atlantic City Taxes

Billionaire Carl Icahn has appealed his tax bills on his Atlantic City casinos dating back to 2014. The appeals, if successful, could cost the city millions in refund payments...

Published May 1, 2017

Wynn on Macau: ‘Business Is Good’

Wynn Palace and Wynn Macau have posted US$293 million in property EBITDA for the first quarter of 2017, 16 percent above analyst expectations. Steve Wynn (l.) credits the end...

Published May 1, 2017

Casino Sale Could Benefit Bethlehem

Once one of the premier steel towns in the U.S.A., Bethlehem Pennsylvania stands to benefit from the sale of its Sands Casino Resort Bethlehem (l.) to MGM Resorts International....

Published May 1, 2017

Nevada March Gaming Win Up 7.5%

Strong betting in state sportsbooks on the NCAA basketball tournament combined with robust overall table game results to drive the state’s casinos to total win for the month just...

Published May 1, 2017

Reopening Kansas Racetracks Proposed

Three Kansas racinos offering live racing could reopen under legislation introduced by state Rep. John Barker. The bill would lower racetrack's 40 percent tax rate to 22 percent, as...

Published May 1, 2017

NH Casino Bill Under Fire

The new casino bill introduced by New Hampshire state Senator Lou D’Allesandro (l.) that would authorize two casinos in the Granite State is undergoing fire reminiscent of the landing...

Published May 1, 2017

Texas Gambling Bills Barely Moving

The only gambling-related legislation that seems to be moving forward in Texas would legalize daily fantasy sports as a game of skill. Last year state Attorney General Ken Paxton...

Published May 1, 2017

Belle, Melco Differ on CoD Expansion

Belle Corp., a local partner in the City of Dreams Manila resort in the Philippines capital, has reiterated its intention to expand the resort and also develop a new...

Published May 1, 2017

Margaritaville, Poarch Band Cancel Sale

The $335 million sale of Margaritaville Resort-Casino (l.) in Shreveport, Louisiana to the Poarch Band of Creek Indians has been cancelled. Bossier Casino Venture, the casino operating company of...

Published May 1, 2017

Melco, Hard Rock Plan Cyprus Debut

Cyprus will see the opening of its first new land-based casino in October, according to reports. A temporary betting hall from the team of Melco International and Hard Rock...

Published May 1, 2017

Minister Accused in Baha Mar Shakedown Bid

Baha Mar is finally open, but not without yet another controversy. Reports from the Bahamas say that Education Minister Jerome Fitzgerald (l.) once lobbied the original developer for contracts...

Published May 1, 2017

Thai Ban on Cambodian Casinos

Citizens of Thailand may not gamble in neighboring Cambodia, according to a mandate just handed down by the Thai government. Cambodia has set several casinos along the border to...

Published May 1, 2017

Florida House, Senate Approaching Agreement

A Florida House-Senate conference committee is negotiating landmark gambling legislation ahead of the May 5 session deadline, according the state Senator Bill Galvano (l.). At stake is the Seminole...

Published May 1, 2017

California iPoker Bill Dead for 2017

For 10 years California legislators have tried to pass a bill that would legalize online poker in the Golden State. For 10 years, including this one, they have failed...

Published May 1, 2017

WEEKLY FEATURE: AGA Gets Serious About Sports Betting

The ongoing campaign by the American Gaming Association to change attitudes about sports betting has apparently borne some fruit. The group released a survey last week demonstrating that fans...

Published May 1, 2017

Risky Choices Considered for Pennsylvania Online Gambling

The possible legalization of online gambling is back on the table In Pennsylvania as the state’s legislature is considering several different plans to allow online gambling. That includes allowing...

Published May 1, 2017

No Money, Former AC Casino Deal Collapses

Plans to build a waterpark at the former Atlantic Club casino hotel in Atlantic City fell through last week when the developer couldn’t raise the money to complete it....

Published May 1, 2017

Supremes Dent Tribal Sovereign Immunity

The U.S. Supreme Court has ruled that an employee of a tribal casino isn’t necessarily protected by the tribe’s sovereign immunity from being sued if the employee causes a...

Published May 1, 2017

Washington Casino Opening Ties Up Interstate

The ilani Casino near La Center, Washington, opened to an immense flood of human traffic last week. The cars were so numerous they created an eight-mile traffic jam along...

Published May 1, 2017

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