Mixed month for Maryland’s six casinos

The six casinos in Maryland saw their aggregated gross gaming revenues for August increase by 37.1% year-on-year to reach just over $37.1 million although the tally dropped by some 15.7% when figures from the recently-opened MGM National Harbor development were excluded. According to official figures from the Maryland Lottery and Gaming Control Commission, the 31-day...

South Florida casino to build guitar-shaped hotel tower

After inking a new gambling deal with the state over the summer, the Seminole Tribe of Florida has now reportedly unveiled a billion-dollar re-development plan that will see its Seminole Hard Rock Hotel and Casino Hollywood venue completely transformed. According to a report from the Sun-Sentinel newspaper, the $1.5 billion project is to involve the...

Choctaw Nation completes $50 million casino expansion project in Grant, OK

A ribbon-cutting ceremony held recently by the Choctaw Nation celebrated the completion of a $50 million expansion project at the tribe’s Choctaw Casino and Resort in Grant. One of eight primary locations in Southeastern Oklahoma, the Choctaw Nation’s Grant casino now features a new 96-room and suite hotel, as well as an additional 100 slot...

Asia Pioneer Entertainment Limited to list 250 million new shares

In Macau, electronic gaming machine distributor Asia Pioneer Entertainment Limited has reportedly announced that it is hoping to raise approximately $6.4 million by placing some 250 million new shares on the small-cap Growth Enterprise Market of the Hong Kong Stock Exchange. According to a report from GGRAsia, trading of the new shares is expected to...

Pennsylvania banks first $1M courtesy of new gambling law

Just two days after Pennsylvania Gov. Tom Wolf approved legislation authorizing a major expansion of gambling, coffers in the nation’s second-largest commercial casino state are already cashing a $1 million check. The Associated Press reports that on Wednesday, the Pennsylvania Gaming Control Board said a $1 million fee was paid by Valley Forge Casino Resort...

iGaming bill introduced at Michigan committee hearing

In Michigan, online gambling legalization is one step closer to becoming a reality, again, as a new piece of legislation was introduced earlier in the week and a hearing regarding the measure took place on Wednesday. H 4926 was introduced by Representative Brandt Iden before the state House Regulatory Reform Committee, to legalize iGaming and along with...

Deadwood casino files for bankruptcy protection

Another casino on Deadwood’s Main Street could be in danger of closing after the owners of the Celebrity Hotel and Casino reportedly filed paperwork seeking protection from creditors. The Rapid City Journal reports that documents were filed on Nov. 1 in Rapid City with the U.S. Bankruptcy Court for the District of South Dakota. According to...

Discretionary spending by mainland Chinese expected to climb

The number of mainland Chinese citizens earning more than $3,794 a month is reportedly set to rise by around 22% over the next decade and lead to an increase in discretionary spending with many consumer segments including casino gambling. According to a report from GGRAsia citing a recent investigation carried out by brokerage firm Sanford...

Tigre De Cristal being hurt by lack of weekend room capacity

In Russia, a lack of available rooms at weekends is reportedly harming business at Tigre De Cristal although the anticipated opening later in the year of nearby hotels without gambling may significantly help trade going forward. According to a report from GGRAsia citing recent guidance from brokerage firms Union Gaming Securities Asia Limited and Daiwa...

CA judge rules Hollywood Casino Jamul can serve alcohol

California’s Department of Alcoholic Beverage Control (ABC) has granted a permanent license for the Jamul Indian Village to serve alcohol at its Hollywood Casino Jamul-San Diego, after a recent ruling issued by California Administrative Law Judge Adam Berg. Despite objections from thousands of Jamul residents, including San Diego County Supervisor Dianne Jacob, who is in her seventh term...
0FansLike
388FollowersFollow
1,064FollowersFollow
5,962SubscribersSubscribe

Weather

London
broken clouds
71.2 ° F
73.4 °
69.8 °
68%
3.5mph
75%
Wed
75 °
Thu
63 °
Fri
66 °
Sat
65 °
Sun
71 °

Must Read