Last month, Ontario Lottery Corp. (OLG) selected Hard Rock International as the winning bidder to assume control over Rideau Carleton Raceway. The company inked a 20-year long deal with OLG, under which the two companies are to jointly invest $320 million in expanding and modernizing Rideau Carleton Raceway and Hard […]
Author: Daniel Thompson
Pennsylvania Makes Winning Bet with Gambling Expansion Bill Recently Signed into Law
The casino industry in the U.S. has expanded dramatically. At present, the American casino market can be described as oversaturated and more people started to lose their interest in the conventional land-based casinos. The advent of technologies has significantly changed the casino landscape. People started to use the modern technologies […]
Seneca Nationās Casino Payments Dispute with New York State Nears Resolution
The ongoing dispute between the Seneca Nation and the state of New York over casino payments has taken a more cordial turn. The two parities preferred arbitration over litigation. University of New Mexico law professor Kevin Washburn has been named as Seneca Nationās arbitrator, while Henry Gutman is to protect […]
Pickeringās Mayor Spearheads Campaign to Build New Ontario Casino
Pickeringās Mayor Dave Ryan is on board with the plan to build a new Ontario casino in the city. In an interview, the highest-ranking official in the city explained that he is well familiar with the oppositionās stance on the matter and the money laundering firestorm, but the construction of […]
Opposition Pushes for Casino Deal Suspension Due to Money Laundering Probe in British Columbia
Canadaās Progressive Conservative Party (PC) urges Ontario government to quash its casino deal with Great Canadian Gaming Corporation. The latter is known to operate River Rock Casino in Richmond, British Columbia, which appeared on Canadaās watchdogsā radar screens due to suspicious transactions. The scandal stimulated the government to launch a […]
Former Chief Financial Officer Faces Jail Time over $400k Fraud Due to Gambling Addiction
On Friday, a former Chief Officer at Canberraās Police & Community Youth Club (PCYC) was found guilty of larceny. The woman, whose identity remained undisclosed, has been arrested by the local police. She has been sentenced to 3 years behind bars. Apart from that, the woman is ordered to pay […]
Federal Judge Junks Stockbridge-Munsee Tribe Lawsuit over Ho-Chunk Nationās Casino Expansion
The bickering between the Wisconsin tribal nations Stockbridge-Munsee and Ho-Chunk seems to finally take a direction. According to the latest updates on the case, a federal judge dismissed a lawsuit filed by Stockbridge-Munsee. As it can be recalled, the tribal nation asked the state to stop the expansion of Ho-Chunk […]
Massachusetts’ First Commercial Casino Fuels State Revenue Growth
Massachusettsā first commercial casino, also known as Plainridge casino, reported that more than half of its gambling revenue is recaptured by players, who would play in an out-of-the-state casino supposing that Plainridge casino has never opened its doors. According to a survey, conducted by the University of Massachusetts Amherst in […]
Crown Resortsā Chairman Refutes Slot Machine-Tampering and Money Laundering Allegations
Crown Resortsā biggest shareholder James Packer denied that the casino operator has been rigging its slot machines and sweeping money laundering scheme under the carpet. In an effort to protect the already tarnished companyās reputation, Mr. Packer felt it necessary to publicly urge his colleagues to think of ideas to […]
British Columbia Shut Anti-Illegal-Gaming Unit Despite Risk Warnings, Internal Memo Claims
A confidential British Columbia government memo obtained by Postmedia News via an access to information request alleges that British Columbiaās anti-illegal-gaming enforcement team was suspended due to financial reasons. According to the document, the unitās closure would increase organized crime’s involvement in illicit gambling practices as it was suggested by […]