Korean Players Pull Out of Bidding

Grand Korea Leisure, which already operates three Korean Seven Luck casinos (l.), and NagaCorp will not apply for casino licenses on Yeongjong Island off Incheon, saying the broad crackdown...

Published November 16, 2015

Mass Tribe Finalizes Purchase of Casino Land for $34.5 million

The Mashpee Wampanoag Tribe last week finalized a $34.5 million that transfers 53 acres from private ownership to tribal ownership, land that will become reservation land and the site...

Published November 16, 2015

Studio City No Boost for Macau

Macau has seen no bump in traffic on its gaming floors as a result of Studio City’s grand opening on October 27. The new $3.2 billion Melco Crown resort...

Published November 16, 2015

Alabama-Coushatta Casino To Reopen

The U.S. Department of Interior and the National Indian Gaming Commission recently determined the Alabama-Coushatta Tribe in Texas may offer Class II gaming on its reservation. The state closed...

Published November 16, 2015

Amaya Profits Down; Eyes PokerStars NJ Debut

Amaya Inc. has revised its earnings projections after third quarter results were down. The company also reportedly is preparing to launch a sports betting platform after acquiring the BetStar...

Published November 16, 2015

GLOBAL GAMING BUSINESS PODCAST: Ram Chary, President & CEO, Everi

This week, the GGB Podcast talks to Ram Chary, the CEO of Everi, on how his company has accomplished the merger of two diverse companies, Global Cash Access and...

Published November 16, 2015

WEEKLY FEATURE: Taiwan County to Vote Again on Casinos?

Residents of the Taiwanese island of Penghu (Rainbow Bridge at l.) may vote again on legalizing casinos next year. Penghu defeated a gaming referendum four years ago, but may...

Published November 9, 2015

Five Locations Bid for Connecticut Casino

Five bidders have emerged to host the third Connecticut casino that will be a partnership between the Mohegan and Mashantucket Pequot tribes in an effort to stem the loss...

Published November 9, 2015

MGM Officials Complete Pilgrimage to Springfield

Officials in Springfield, Massachusetts demanded and received visits from top executives with MGM Resorts, including President Bill Hornbuckle (l.), to explain why the company is downsizing its facility there....

Published November 9, 2015

New Jersey, Other States, Considers DFS Regulations, Licensing

New Jersey could join Nevada in requiring daily fantasy sports sites to acquire a state gaming license. The two states offer legal online gaming. A state Senator Jim Whelan...

Published November 9, 2015

Baha Mar’s Izmirlian Hanging On

Baha Mar Ltd. founder Sarkis Izmirlian (l.) has offered to put up more of his own money to prevent his $3.5 billion Baha Mar Resort from full-blown government liquidation....

Published November 9, 2015

Georgia, Oh Georgia

Last week, Michael Pollock of Spectrum Gaming Group testified before a committee of the Georgia state legislature about the efficacy of legalizing casinos in the state. The following article...

Published November 9, 2015

Simermeyer Named as Newest NIGC Commissioner

E. Sequoyah Simermeyer, a member of the Coharie tribe, has been named an associate commissioner of the National Indian Gaming Commission (NIGC). He joins Chairman Jonodev O. Chaudhuri as...

Published November 9, 2015

GLOBAL GAMING BUSINESS PODCAST: Larry Eliason, Executive Secretary, South Dakota Commission on Gaming

This week, the GGB Podcast travels to Deadwood, South Dakota to speak with Larry Eliason, the executive secretary of the South Dakota Commission on Gaming on the unique oversight...

Published November 9, 2015

WEEKLY FEATURE: The Path Forward for DFS

The current attacks on daily fantasy sports have been withering. From the moment the Nevada Gaming Control Board declared DFS as “gambling,” other states have launched investigations. But two...

Published November 2, 2015

The MGM REIT: Reduce Debt, Raise Value

MGM Resorts last week announced that it was forming a REIT to house 10 of its properties, including Mandalay Bay (l.) in Las Vegas. The new company would then...

Published November 2, 2015

20-Year Texas-Tribe Dispute Resolved

The Alabama-Coushatta Tribe has regained the right to offer Class II bingo gaming at its Speaking Rock Casino (l.) near Livingston, Texas, following a recent Interior Department ruling. The...

Published November 2, 2015

Baha Mar Lays Off 2,000, But Gets Lifeline

Baha Mar Resort Ltd. has laid off all 2,000 of its employees, but owner Sarkis Izmirlian (l.) has been given three more weeks to stave off liquidation. Should the...

Published November 2, 2015

Mohegan Eyes South Korea

Mohegan Tribal Gaming Authority has submitted a $5 billion bid to build a foreigners-only integrated resort on South Korea’s Yeongjong Island. MTGA President Bobby Soper (l.) believes the facility’s...

Published November 2, 2015

Daily Fantasy Sports to Create Control Board

With daily fantasy sports sites under intense scrutiny from both federal and several state authorities, the industry announced it will set up an outside control board led by former...

Published November 2, 2015