WEEKLY FEATURE
Echo Entertainment and Crown Resorts, which just locked horns over a gaming license in Sydney, are rivals again as Brisbane prepares to award a new license. The development will...
WEEKLY FEATURE: Bermuda OKs Casinos
Bermuda’s House and Senate voted last week to allow three casinos with hotels on the island, the first time that gaming has been allowed on this territory of the...
WEEKLY FEATURE: RAWA Rejected
Speculation had run rampant that a proposed ban on online gambling backed by billionaire Sheldon Adelson would be attached to a last-minute omnibus spending bill introduced in Congress last...
WEEKLY FEATURE: China Says Kick the Gambling Habit
A top Chinese official says Macau is too reliant on the casino industry and must do a better job at diversifying its economy for the benefit of the “whole...
WEEKLY FEATURE: Reef Casino Sinking
A multibillion-dollar megaresort with a casino near Australia’s Great Barrier Reef is in jeopardy following a delay in regulatory approvals for the development group’s purchase of the Reef Hotel...
Caesars to Split, Create REITs
Caesars Entertainment is proposing to split its largest operating unit into two entities, with all properties owned by a real-estate investment trust. The only question now is how will...
WEEKLY FEATURE: Caesars Reaches Bankruptcy Deal
Caesars Entertainment has reportedly reached an agreement with key senior bondholders on restructuring of the majority of the company’s $24.2 billion in debt. Sources say that a prearranged bankruptcy...
WEEKLY FEATURE: Macau Malaise
Revenues in the Chinese casino hub continue to suffer from a government crackdown on corruption, and the impacts now are being felt in the mass market. Win was down...
WEEKLY FEATURE: Taj Tussle
Officials for Atlantic City’s bankrupt Trump Taj Mahal casino say the property could close as early as December 1 if New Jersey does not agree to a state aide...
WEEKLY FEATURE: Judge Quashes Sports Gambling in New Jersey
Professional sports leagues and the NCAA successfully sued last week to block New Jersey from permitting sports betting, which had been scheduled to begin at one state racetrack as...
WEEKLY FEATURE: Proxy Poker
A group of investors led by former Pinnacle Entertainment CEO Dan Lee (l.) wants to overthrow the current board and management of Full House Resorts Inc., based in Las...
WEEKLY FEATURE: Gunplay at California Casino
The National Indian Gaming Commission has threatened to close Chukchansi Gold Resort & Casino in Northern California by October 27 unless the Picayune Rancheria of Chukchansi Indian produces missing...
WEEKLY FEATURE: G2E Duet
Gaming moguls Steve Wynn and Sheldon Adelson (shown with their wives Andrea and Miriam) sang from the same songbook during their G2E addresses last week. Both praised the other...
WEEKLY FEATURE: Wynn Singing Different Tune in Boston
Just a week after he won the license for the Boston area, Steve Wynn is backing down from his harsh position against big payments to the city of Boston....
WEEKLY FEATURE: Apples and Oranges
The proximity of Orange County, New York to the Big Apple has become one of the biggest debates in the competition for four new casino licenses in New York...
WEEKLY FEATURE: Birds of a Feather?
Payment processor Global Cash Access Holdings has agreed to acquire slot company Multimedia Games for $1.2 billion in cash, a 31 percent premium on the September 5 closing price...
WEEKLY FEATURE: Controversial Arizona Casino Breaks Ground
After 14 lawsuits over five years and fierce opposition from Glendale, Arizona officials and leaders of other tribes, the Tohono O'odham Nation recently broke ground at its $400 million...
WEEKLY FEATURE: More Threats to Atlantic City Unveiled
The Meadowlands Chamber of Commerce has unveiled a $1.17 billion plan to build two hotels with casinos and conference facilities at the Meadowlands Sports Complex (l.) in northern New...
WEEKLY FEATURE: Domestic Tranquility in Vietnam
Vietnam’s Ministry of Finance has drafted new gaming regulations for consideration that include a provision for allowing the country’s citizens to patronize casinos for the first time. The market...
WEEKLY FEATURE: PokerStars Clean?
Amaya Gaming last week announced it has completed its acquisition of PokerStars and Full Tilt. The announcement came shortly after Amaya stockholders approved the $4.9 billion deal. With the...