FANTINI’S FINANCE: NJ Numbers Not Inspiring

Analysts missed the mark by a wide margin when the New Jersey Division of Gaming Enforcement posted the first revenue numbers for the state’s nascent iGaming industry. So what’s...

Published January 20, 2014

GLOBAL GAMING BUSINESS PODCAST: Corey Nyman, President, The Nyman Group

This week, the GGB Podcast catches up with Corey Nyman, the president of the Nyman Group, one of the gaming industry’s most influential and successful food-and-beverage consulting groups.

Published January 20, 2014

UK’s FOBTs Safe for Now

Britain’s governing coalition defeated a bid by the Labor Party to force it to adopt limits on the spread of a controversial type of electronic casino-style table game in...

Published January 20, 2014

Russia Declares Amnesty for Gambling Ring

Charges have been dropped against six men accused of running an illegal gambling operation in and around Moscow. There were no regulations governing illegal gambling at the time of...

Published January 20, 2014

Disappointment in Manitoba iGaming Numbers

Competition and technical problems are dimming Manitoba’s hopes for its new online gaming network. A profit of C$1.5 million was expected in the first year, but was tracking at...

Published January 20, 2014

New Megaresort Coming to Vietnam

An investment group back by the Rockefeller family plans to co-develop a $2.5 billion luxury resort on Vietnam’s south-central coast. It’s not known yet if gaming will be part...

Published January 20, 2014

Caesars Wants Back in South Korea

South Korea’s plans to lower the barriers for investments in resort casinos has prompted Caesars Entertainment to resubmit its bid for permission to build near Incheon International Airport. The...

Published January 20, 2014

GGAM Sheds Interest in Manila Casino

Global Gaming Asset Management, the original managers of Bloombury’s Solaire Resort Casino (l.) in Manila, has sold its interest in the property just months after being ousted by Bloombury’s...

Published January 20, 2014

Funding Complete for Planned Cotai Resort

Louis XIII has secured a key loan to allow it to proceed with construction of a super-luxury hotel on the Cotai Strip. Still missing from the picture is a...

Published January 20, 2014

Rich Get Richer on Macau

The gaming boom has added billions to the net worth of several well-known people who own a piece of it. Forbes’ latest list ranks Galaxy Entertainment Chairman Lui Che...

Published January 20, 2014

Casino Talk Proves Cheap in Malaysia

Property giant Berjaya denies any interest in a casino for a resort it plans to build in the Malaysian state of Johor on the border with Singapore. The state’s...

Published January 20, 2014

PAGCOR Bullish on 2014

The Philippines’ state-owned gaming operator looks to be falling short of its revenue forecast for 2013 but is expecting better days in 2014. Increases in gaming revenues, coupled with...

Published January 20, 2014

Hengqin Ramps Up for Chinese New Year

Hengqin Island’s first hotel opens this month as the largest in China, and will be joined by a theme park and circus. The attractions will boost visitation to Macau,...

Published January 20, 2014

First Jersey iGaming Revenue Report Issued

The first report of iGaming revenue in New Jersey was issued this week. The numbers were far below Governor Chris Christie’s estimate and slightly lower than the consensus of...

Published January 20, 2014

Genting Launches New Florida Strategy

Genting Resorts World announced plans for a slots-only casino at the former Miami Herald property it bought in 2011. Malaysia-based Genting would partner with Gulfstream Park racetrack (l.) and...

Published January 13, 2014

GLOBAL GAMING BUSINESS PODCAST: Anna Sainsbury, President, GeoComply

This week, the GGB Podcast features a discussion with Anna Sainsbury, the president of the geolocation company GeoComply, on her firm’s experience with the regulatory process in New Jersey.

Published January 13, 2014

Labor Declares War on FOBTs

Britain’s Labor Party has joined the Liberal Democrats in calling for restrictions on the spread of electronic table games in betting shops. The move is turning up the political...

Published January 13, 2014

Codere Buys Time as Debt Mounts

Creditors have allowed Spanish gaming giant Codere to miss a loan payment as negotiations continue to fix the company’s finances and pay down more than €1 billion of debt....

Published January 13, 2014

Hope Fades for Taipei Casinos

A legislative panel in Taiwan has all but shot down the possibility of casinos on the main island. At the same time, enabling legislation to bring gaming to the...

Published January 13, 2014

In Vietnam, New Hotel, Bigger Casino

An Australian investor in a casino in northern Vietnam has agreed to buy a controlling share of the Lao Cai International Hotel (l.) and remodel and expand the hotel....

Published January 13, 2014