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Archive

NJ Assemblyman Caputo Urges Voters To Support Referendum

As New Jersey’s referendum on casino expansion gathers steam, voters are being bombarded with messages from both sides. Assembly Tourism, Gaming and the Arts Committee Chair Ralph Caputo recently expressed concern about some of the messages that are asking voters

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Baha Mar Casino Gets New Agreement To Resume Work

The troubled Baha-Mar integrated casino resort in the Bahamas will finally see progress now that a new agreement has been reached between the Bahamian Government and the secured creditor for the project, the Export-Import Bank of China (EXIM). Under the

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PAGCOR Might Soon Stop Operating Casinos In The Philippines

The Philippines’ Department of Finance is contemplating removing casino operations from the country’s gaming regulator, the Philippine Amusement and Gaming Corp (PAGCOR) based on local media reports. In a statement, Carlos Dominguez Finance Secretary, said, We believe that government should

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Atlantic City Casino Profits Up During First Half of 2016

Atlantic City’s casino industry is seeing a revival as the latest results show an improving bottom line. According to data released by the New Jersey Division of Gaming Enforcement for the first half of 2016, profit for the industry has

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Atlantic City PILOT Bill Payments Will Not Get Hit With Taj Closure

Atlantic City officials have clarified that the closure of the Trump Taj Mahal casino would not affect the bill that entitles the city PILOT bill payments from the casinos in lieu of taxes. The Trump Taj Mahal casino is expected

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Karnataka Tourism Department Pushes For Offshore Casinos

The tourism department in the state of Karnataka, India is backing a proposal to set up offshore casinos in coastal regions of the state as it believes the move will help boost tourism in the state. According to the tourism

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Wynn Palace To Perform Well Despite Reduced Gaming Tables

Steve Wynn, the chairman and chief executive of Wynn Resorts and Wynn Macau Ltd has said that his company wasn’t too bothered that the Macau government granted their US$4.2 billion Wynn Palace integrated casino resort in the Cotai district a

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Savan Vegas, Laos Receives Better Offer From Consortium

A new bid has been submitted for the Savan Vegas Hotel and Entertainment Complex in Laos. The new offer has been made by an entity named as the European-Asian Consortium which is representing several large international casino operators. The Laos

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North Jersey Ad Campaigns Begin As Referendum Approaches

Two business interest groups in New York have launched ad campaigns opposing the upcoming casino referendum in New Jersey. Voters of New Jersey are deciding whether casinos should be set up outside of the existing gambling hub in Atlantic City.

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Nevada Considers Adoption of Prepaid Accounts For Gambling

The Nevada Gaming Control Board is taking steps towards permitting casino to use wagering account for gambling, indicating a change in its position regarding player access to e-commerce channels in gambling. The board is currently reviewing existing rules and regulations

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