An investigation conducted by the Canadian Postmedia Network revealed most of the high-value cheques the British Columbia Lottery Corporation (BCLC) issued to its VIP patrons in 2016 did not result from their gambling winnings. The local media company’s examination tackled the way cheques were disbursed from the non-cash gaming fund […]
Canadian gambling company Gateway Casinos & Entertainment Ltd. announced on Monday that it successfully closed a sale and leaseback deal worth more than CA$500 million. Under the agreement, the buyer, American company Mesirow Financial acquired three real estate properties in the Greater Vancouver Regional District. Gateway Casinos & Entertainment Ltd., […]
The Vietnamese Ministry of Public Security released a statement yesterday, announcing one of its senior police officials was taken into custody on suspicion of being involved with an underground gambling organization that dealt with illegal online gambling and money laundering. Local media reported about the arrest of Nguyen Thanh Hoa, […]
Friday evening put an end to any hopes for a gambling legislation in Florida, as lawmakers failed to agree on a bill before the end of the legislative session. Without the long-anticipated gambling package, it is unclear whether legislators will have an opportunity to work on this issue as the […]
Canadian gambling operator Gateway Casinos and Entertainment announced on Thursday it is planning to develop a new casino in Chatham-Kent, Ontario. Construction for the Cascades-branded casino is expected to start this spring after the company acquires all government approvals. The proposed casino will be built in a vacant lot on […]
The Cotai district of Macau, often compared to Las Vegas for its large-scale casino resorts, has generated 61.4 per cent of the city’s gross gaming revenue (GGR) for the fourth quarter of 2017. This is a rise of 15.9 per cent from the first quarter of 2014, which indicates steady […]
In May last year, Hard Rock International announced that it is to partner with the Rideau Carleton on a new $320-million expansion of the existing raceway. The Hard Rock Casino Ottawa partnership, that consists of HR LP Investor Inc. (owned by Hard Rock International) and RCR Investor Inc. (owned by […]
The Japanese government is planning to introduce very strict regulations to address problem gambling in a market where integrated casino resorts are about to open for the first time. The new proposal includes a system which would allow family members to ban problem gamblers from entering casinos or to limit […]
A U.S. congresswoman from Nevada is now defending online gambling before the Justice Department which has the authority to invalidate its 2011 ruling that allowed individual states to make their own decisions on the matter. Her move comes as a surprise, as so far, no serious steps have been made […]
After the introduction of the so-called mini-casinos late last year, the state of Pennsylvania is already seeing increased revenues, with $200 million expected to come in this fiscal year. The state gambling regulator has informed Pennsylvania lawmakers that the latest expansion is so far meeting its initial task of plugging […]
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