By Elaine West Resorts Casino Tunica to Close Up Shop Due to CompetitionApril 17, 2019 Renowned casino operator Penn National Gaming on Tuesday announced that it will be closing down its Resorts Casino Tunica operation, one of the three properties that it operates in Tunica County, Mississippi. Citing increased competition in the region, the casino operator has set June 30 as the date when it will officially and permanently close […]
By Grant Mahon Wildhorse Casino Expansion Delayed Due to High Labor CostsApril 16, 2019 The Oregon-based Wildhorse Resort & Casino’s expansion plans have hit yet another setback that has forced the project to be delayed. This time, the operator of the facility will be pushing back the start of the expansion bid due to rather unexpected high labor costs as well as a shortage of construction workers in the […]
By Tomas Medon Iowa Gaming Regulator to Reportedly Review Sportsbook PlanApril 14, 2019 An Iowa-based casino is reportedly preparing to build a sportsbook amidst debates on whether or not to legalized and regulate sports betting in the state. According to a recent report, the Iowa Racing and Gaming Commission plans two review two contracts in the coming week. If approved, the two contracts will give Catfish Bend Casino in […]
By Elaine West New Jersey Casino Employees Call for Regulatory ChangesApril 13, 2019 Local 54, the Atlantic City casino workers union which is arguably the largest casino union in the United States have recently met with gaming regulators in several states within the week to discuss some of the union’s concerns with regards to hedge funds and private equity groups – both of these entities have been over […]
By Ameana Jones Wynn Resorts Backs Out of Takeover Deal with Aussie OperatorApril 11, 2019 Crown Resorts, one of the largest Australian casino operators recently issued a statement that Wynn Resorts had proposed a multi-billion-dollar takeover to the company. This took a rather unexpected turn when just a few hours after the announcement, Wynn Resorts released a contradictory statement that said that the proposed deal was now dead. “Following the […]
By Ameana Jones Two Arkansas Racetracks Reopen as Full-Scale CasinosApril 6, 2019 In November 2018, Arkansas was one of the states that were voting in favor in of gambling expansion. Earlier this week, the state officially ed the list of states in the US where commercial casino gambling is legal and available to the residents. Marking this historical moment was the relaunch of Arkansas racetracks as full-fledged […]
By Grant Mahon Carl Icahn Ups Stake to Become Caesars’ Largest ShareholderMarch 11, 2019 Entities related to New York billionaire, Carl Icahn have in the past week purchased 38.9 million shares of Caesars Entertainment Corp. thus making him the largest shareholder in the behemoth casino operator. During a Friday filing with the United Securities and Exchange Commission, Mr. Icahn stated that he now owns 15.3 percent in company stock […]
By Grant Mahon Casino Resorts in Japan Required to Have Large HotelsFebruary 4, 2019 The government of Japan has recently made public some of the standards it hopes to set for casino resorts that are to be built in the mid-2020s. Perhaps the most notable requirement is that the casinos will need to have conference rooms and hotels which, as it turns out, would be far larger than the […]
By Ameana Jones Atlantic City’s Hard Rock Casino Begins Sports Betting in NJJanuary 28, 2019 After receiving permission from the New Jersey Division of Gaming Enforcement, Atlantic City’s Hard Rock casino has begun testing its sports betting offering. If this goes well, the casino will have its sports betting services in full operation just in time for the Super Bowl. This will be confirmed in the next few days when […]
By Elaine West Vietnam’s Corona Resort and Casino Now OperationalJanuary 21, 2019 The much-anticipated Corona Resort and Casino which is located in Phu Quoc island finally opened its doors on January 19 becoming the very first casino in Vietnam to allow locals on to the gaming floor. For the next three years, the casino will be operating under a pilot scheme and will be managed by Upffinity […]