Blackstone Gets Inside Lane on Crown Bid
Blackstone last week boosted its offer for Crown Resorts by 5 percent to A$8.87 billion (US$6.46 billion), and the Crown board of directors has indicated they are pleased, especially...
GLOBAL GAMING
Sweden Criticized on Deposit Limit Change
Sweden plans to lower the weekly deposit limit per week for online casino accounts from SEK 5,000 ($548.76) to SEK 4,000. This will prompt players to create multiple accounts,...
Finland Adopts Gaming Reforms
Finland’s newly proposed Lottery Act will, if adopted into law, help shore up the existing Veikkaus state monopoly. It will also put a heavy regulatory hand on discouraging offshore...
A Reprieve for Saipan Casino Licensee?
The head of Saipan’s casino regulatory body says revoking an exclusive gaming license held by Imperial Pacific International would be unconstitutional. The failed, bankrupt operation closed in March 2020.
CDC Advises Against Cruise Travel
The U.S. Centers for Disease Control and Prevention has advised travelers to refrain from going on cruises, regardless of their vaccination status. Cruise ships in U.S. waters reported 5,000...
Crown Fined $1 Million for Junket Breach
Australia’s Crown Resorts has been fined $1 million by the Victorian gaming regulator for failing to comply with the rules for junket operations. Crown defied an order to sever...
Brazilian President Mulls Fate of Gambling
Brazilian President Jair Bolsonaro (l.) doesn’t like gambling, and neither do the country’s evangelicals. But Congress is likely to legalize it, after which Bolsonaro will veto the law, and...
India’s Delta Group Focused on Domestic Expansion
India’s Delta Group will focus on expanding its domestic market. The company is awaiting a license to operate a casino resort, the Deltin (l.), in the territory of Daman....
Guam’s Gaming Licenses ‘Void,’ Says High Court
Gaum’s Supreme Court has ruled that licenses issued for hundreds of gaming machines were illegal. The rules for licensing were illegal because they were submitted to lawmakers without public...
SkyCity to Participate in GiG Acquisition
New Zealand-based SkyCity Entertainment will invest millions in the Gaming Innovation Group to help acquire sports betting platform provider Sportnco. The companies say the deal creates a number of...
NSW to Investigate Reports of Money Laundering in Pubs, Clubs
The New South Wales Independent Liquor & Gaming Authority and state crime commissioners will work together to investigate reports of widespread money laundering in the Australian state’s pubs and...
Star Plans Second Crown Bid
Australian casino operator Star Entertainment reportedly will make another bid for Crown Resorts in February, Last summer, the Star proposed a $12 billion merger of the two gaming giants.
New South Wales Reports Accuse Slot of Money Laundering
They call them pokie machines, and they’ve been the center of attention from the press over their possible use in money laundering. Efforts are underway to prevent such problems.
Despite Licensure Threats, Crown Resorts Plans Sydney Opening
Faced with accusations of money laundering and other bad activity, Crown Resorts is planning to open the casino in Crown Sydney (l.) in the Barangaroo precinct. The company has...
Brazil Sets Gaming Vote for February
Brazil’s Chamber of Deputies last week approved an “urgency” to consider a bill legalizing gaming in the nation. Arthur Lira (l.), the president of the chamber, set a date...
Casino Royale Opens in Antigua
A new casino has opened in the Caribbean, the Casino Royale at Royalton Antigua. A sister property to Casino Royale of St. Maarten, it offers slot machines, gaming tables,...
Ontario Casino Looks at Early 2022 Opening
Delayed a year by the pandemic, the $31 million Cascades Casino (l.) in North Bay, Canada is moving toward opening early in 2022. Construction by Gateway Casinos and Entertainment...
More Puerto Rico Flights Will Boost Foxwoods Casino
The Mashantucket Pequot Tribe hopes new nonstop air service between Connecticut and Puerto Rico will boost its new Foxwoods el San Juan Casino. The flights offered by Frontier Airlines...
Report: Aussie Pubs, Clubs As Money Laundering Hotspots
The news outlets that uncovered money laundering at Crown casinos in Australia now have implicated the country’s pubs and clubs. Reports say up to AU$1 billion is being laundered...
Crown Snubs Blackstone, Wants a Better Offer
Crown Resorts has rejected a third takeover attempt by the Blackstone Group, but is open to a higher bid from the U.S. company. Blackstone recently offered $8.46 billion for...
