Analyst Grant Govertsen, who works for the Union Gaming Securities Asia Ltd., believes that casino industry in the Indian state of Goa could be worth over $1 billion in terms of gross gaming revenue. United Gaming compares the Goa transition from riverboat to land-based gambling venues to the Midwest riverboat […]
Casino News
Holiday Inn to Be Demolished to Make Way for Philadelphia’s Stadium Casino
A license permitting the demolition of the Holiday Inn has been given to The Cordish Compaies – South Philadelphia’s stadium area casino and hotel developers. Stadium Casino, which is a joint venture between Greenwood Gaming and Entertainment and Cordish Cos. will be built on 900 Packer Ave., not far from […]
Philippine President Orders National Police to Arrest Government Officials Inside Casinos
Philippine President Rodrigo Duterte, who is in charge of a campaign to eradicate illegal gambling, is currently asking the Philippine National Police (PNP) chief Director General Ronald ‘Bato’ Dela Rosa to implement his Presidential Decree and bar all public servants to set foot in any casino. On Thursday last week, […]
Louisiana Senator Recommends Strong Marketing Strategy to Promote Riverboat Casinos
Louisiana is finally ready to introduce the long-awaited update to its casino gaming law. On Tuesday this week, a task force created by state legislators in 2016 suggested the revision of the state’s riverboat casino laws. Under the proposal, Louisiana’s 15 licensed riverboat casinos will be allowed to move their […]
Quebec’s Securities Regulator Faces Unlawful Raid Charges in Relation to Amaya’s Insider Trading Case
The name of the former Amaya CEO David Baazov has been under serious media fire over the past several years. The bombshell news that Mr. Baazov is allegedly involved in an insider trading scheme has shaken the very foundations of the Canadian online gambling conglomerate Amaya. The company had a […]
Indiana’s Horseshoe Floating Casino Poised to Run Aground
Horseshoe Southern Indiana floating casino unveiled that it has already taken major steps to move its gambling operations onshore. The casino is considering such relocation for quite some time after Indiana adopted a new law that allows floating casinos to a land-based location, which is near their current location. The […]
Hard Rock’s Job-Recruiting Advertisement Aims to Re-Employ Former Trump Taj Mahal Employees
We want you to work for us – that is what Hard Rock Casino and Hotel Atlantic City says to former Trump Taj Mahal employees. The establishment posted a job-recruiting advertisement on their website, dubbing it an “invitation-only” event aiming to re-employ former Trump Taj Mahal workers who were employed […]
Online Betting Operators Renew Battle Against Point of Consumption Tax in Victoria
Online operators that provide gambling services across Victoria are not really happy with the latest proposal for a new tax regime. Some time ago, Victoria government unveiled a plan to impose a 15% point of consumption tax on the bookmakers. In that way, South Australia has become the first state […]
Nebraska Lawmakers Discuss New Daily Fantasy Sports Bill
The astronomical growth of the daily fantasy sports industry has attracted the attention of politicians, looking to get a slice of the multi-billion dollar pie for the state funds. In recent years, the daily fantasy sports contests have exploded in popularity. Industry observers are convinced that it is a matter […]
Hong Kong Investors May Offer Ray of Hope for Shuttered Tinian Dynasty Hotel-Casino
Gambling laws are different in the different islands included in the Northern Mariana chain. In 1989, Tinian regulated its gambling market and only 6 years later, the island celebrated the opening of its first casino. The Tinian Casino Gaming Control Commission is the regulatory body, that is tasked with overseeing […]