Tag: Casinos

Casinos on the cards for Barbados?

Barbados coastline
The leader of the Barbados' main opposition party, Bishop Joseph Atherley, contends that the government is planing to legalise casinos in the island nation

Sites for Arkansas eyes – state welcomes first two casinos

Arkansas welcomes first two casinos
As of 1 April, the state of Arkansas has welcomed its first ever casinos, following the successful passing of Issue Four in November’s ballot, which..

Six casinos closed in Reynosa

casinos, reynosa, closures, gambling, six, mexico
The Secretariat of Public Works in the border city of Reynosa in Tamaulipas state has closed six gambling venues which were operating without the relevant permissions. “We’ve been in touch with the owners to inform them that before opening they need to fulfill several requirements for which they have to apply by law,” said the head of the department, Eduardo...

Cyprus government believes Melco casinos will drive tourism

Cyprus flag
Deputy minister of Tourism Savvas Perdios has affirmed that Cyprus’ government considers Melco International Development an important partner in further developing visitation into the country. Perdios met Melco International chairman and CEO Lawrence Ho in late January at Cyprus Casinos’ C2 Nicosia. “We consider Melco an important contributor to Cyprus’ tourism in establishing the island as a popular and must-visit destination,” he...

Gauselmann Group acquires stake in the casinos in Mainz, Trier and Bad Ems

Gauselmann Group, acquisition, stake, casinos, Mainz, Trier, Bad Ems
The family-run Gauselmann Group from Espelkamp, Eastern Westphalia, is expanding its involvement in the casino segment. Through Gauselmann Spielbanken Beteiligungs GmbH, it is investing in Spielbank Mainz GmbH & Co. KG and in its general partner Spielbank Mainz Beteiligungs GmbH. Further shareholders are Spielbank Bad Neuenahr GmbH & Co. KG and Novomatic Spielbanken Holding Deutschland GmbH & Co. KG. The Mainz,...

Nieto approves three-new casinos in last act as president

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Outgoing Mexican president Enrique Pena Nieto granted three casino licences during his last week in office, with two ventures approved in the State of Mexico, and a third in Chihuahua. The licences, granted days before Andres Manuel Lopez Obrador succeeded Nieto on 1 December, were awarded to Super Robin Games and Discos y Productions Premier. Super Robin Games will operate two...

JSF questions economic rational for VLT legalisation outside casinos

JSF, VLT, legalisation, casinos
The government’s plan to legalise VLTs outside casinos has received a mixed response as Puerto Rico’s Financial Oversight and Management Board calls into question whether or not the economic forecasts supporting the new legislation are accurate and calls for additional evidence in support of the measure. Puerto Rico’s governor Ricardo Rosselló Nevares has signed off on a new bill which...

IGT and William Hill expand sports betting at Rhode Island casinos

IGT, William Hill, sports betting, Rhode Island, casino
IGT and William Hill US have deployed their sports betting solutions at Twin River Casino Hotel’s new sportsbook. GT Global Solutions Corporation, a wholly-owned subsidiary of IGT and William Hill US have provided their sports betting solutions to power Twin River Casino Hotel’s all-new Sportsbook Bar and Grill. The new venue features more than 100 HD televisions showing live sporting events...

Arkansas rolls dice on casinos

Arkansas, casino
The old adage goes that you should never chase your losses but this has seemingly not been heard much in Arkansas where the public have finally voted to allow casino gaming, albeit at the sixth time of asking. Issue four, a constitutional amendment that authorises up to four casino properties within the borders of the colloquially known “Land of Opportunity”...

British government to introduce fixed-odds betting terminal stake cut in April 2019

REGULATION UK EUROPE FOBTS CASINOS
The British government will bring forward a planned cut to the maximum stake on fixed-odds betting terminals (FOBTs or Category B2 gaming machines) by six months to April 2019, Department for Digital, Culture, Media and Sport (DCMS) secretary Jeremy Wright confirmed on 14 November. While the majority of FOBTs - which offer both table and slot games - are found...

Rumours of possible Caesars and MGM merger simmer

Caesars, MGM merger, casinos, Mark Frissora
With the departure of Caesars Entertainment CEO Mark Frissora, rumours have emerged suggesting MGM Resorts is considering putting together a merger proposal. There has been media speculation that MGM Resorts International is looking at the possibility of a merger with Caesars Entertainment. While no offer has yet been made, according to a report in the New York Post, MGM has hired...

Tamaulipas looks at legalising casinos

Tamaulipas, Mexico, legislation, casinos
The regional government in Tamaulipas has agreed to look at legalising casinos in the state, following lobbying efforts by trade bodies. Following lobbying efforts by a number of business bodies, in November, the Tamaulipas State Congress confirmed that it is considering creating a regulated casino industry. The move marks a significant change in stance by the state government, which has previously...

Win Systems strengthens its position in Argentina

WinSystems-Gaston
Win Systems, the leading technology supplier for the gaming and entertainment industry, continues to strengthen its position in the Argentinean market. After the successful installation of its systems, slot machines and electronic roulettes in some of the most important operators in the country, the supplier is announcing the incorporation of Gaston Capurro in the new leading role for the company...

Puerto Rico moves to legalise slots outside of casinos

Puerto Rico politics
The Puerto Rican Senate is looking to legalise slot machines outside casinos, a move which legislators suggest could raise an additional $100m for the territory’s coffers. Senate president, Thomas Rivera Schatz, stated that the legislative changes will be included as amendments to the tax reform bill, which is due to go before the House of Representatives - the Legislative Assembly’s...

Casinos could return to Ecuador as early as December

Casinos, Ecuador, politics, Santa Elena Province
It has been suggested that casinos could return to Salinas, Ecuador’s largest coastal resort, by December. Speaking to Casino Review, an industry insider who asked not to be named, stated that plans are in works to reintroduce casinos to the resort town in Santa Elena Province by the end of the year. Although it is not clear if this relegalisation...

Casinos could be back on the cards for Ecuador

Salinas, Ecuador
The National Electoral Council of Ecuador (CNE) has confirmed that it will hold a two referendums on allowing casinos, betting shops, and slot parlours in Salinas - the country’s largest coastal resort - in Santa Elena Province and in Bahía de Caráquez in Manabí Province. The move comes following an extensive campaign to gather the necessary signatures to trigger a...

New bill could allow Puerto Rico’s casinos to offer online gaming

Puerto-Rico
The Commission for Tourism and Social Welfare is analysing a new measure which would allow Puerto Rico’s casinos to offer online gaming. Presented by the head of the Commission, representative Néstor Alonso Vega, the new bill, Proyecto de la Cámara 1696, would amend the territory’s existing gambling law. Online gaming would be regulated by the Puerto Rico Tourism Company (CTPR),...

Dedicated Live Bet on poker table in land-based casino

RPT-Poker-Table-1140x500
Within the framework of Vbet Russian Poker Tour, BetConstruct creates a unique experience for players by bringing the live casino from studio to Senator Casino in Tsaghkadzor, Armenia. Being on the edge of technologies, the firm crafts “thrilling combinations of gaming solutions” in order to provide “an unimaginable experience” in its player-oriented environment. Adhering to that vision, this time BetConstruct...

Enjoy sets out investment plans for municipal properties

ICR 190 LATAM ENJOY
Chile-based Enjoy has informed its shareholders that it plans to invest as much as $116.7m over the next two to three years in the municipal casinos in Viña del Mar, Pucon, Coquimbo, and Puerto Varas. “We're very happy with this result, which allows us to consolidate our position as market leader in Chile and renew our commitment to each one...

Phu Quoc IR could be allowed to participate in locals gambling trial

Vietnamese flag
Vietnam has identified the first of two casinos that will be permitted to allow entry to local residents as part of a three-year trial. The Ministry of Planning and Investment has recommended that Vin Group’s Bai Dai integrated resort project on Phu Quoc island be allowed to participate in the pilot programme. In January 2017, the government drafted Decree 03/2017/ND-CP, regulating...

Legal experts suggest sub-concessions and satellite casinos could be reformed in Macau

ICR 190 ASIA MACAUCONCESSIONS
As the deadline for concession expiration in Macau nears, discussion among industry stakeholders regarding what the new concession process will look like and how many licences should be issued remains ongoing. As the deadline for concession expiration in Macau draws closer, there is ongoing debate in the local industry about what form the new concession process will take. Gaming concessions expire...

Kenyan Government turns down tax cuts

Kenya Parliament
Members of Kenya’s Parliament have rejected a plan to cut the much-maligned blanket tax on gambling activities from 35 to 15 percent and have instead drawn up plans for the reallocation of the extra funds. The country’s Treasury proposed amendments to the Betting, Lotteries and Gaming Act, that would lead to the lessening of revenue taxation but saw these withdrawn...

Hard Rock completes payment bond for Catalonia IR

ICR 189 EUROPE HARDROCK
Hard Rock International has completed payment of a deposit to the Government of Catalonia, enabling to company to move forward with the development of its Hard Rock Entertainment World integrated resort project in Tarragona province. Damia Calvet, head of the Department of Territory and Sustainability, said that Hard Rock made its payment bond on 8 June, within the established deadline. “We...

Las Vegas strike could cost casinos $300 million

Las Vegas
A threatened strike by the Culinary Workers Union in Las Vegas could cost an estimated $300 million in its first month, union representatives estimated. Union analyst Ken Liu said: ”Caesars Entertainment’s earnings would be slashed by $115 million before interest, while MGM Resorts International would lose $200 million.” Nearly 40,000 union workers, primarily cocktail servers, bartenders, housekeepers, food servers, porters, bellmen,...

Korea’s casinos rebound on the back of rise in visitors from Japan

LDP
Recent figures from the Korea Casino Association indicate that the country’s 16 foreigner-only casinos are returning back to growth in the wake of the political tensions between China and South Korea in 2017. However, this rise was primarily driven by an uptick in visitors from elsewhere in Asia. While Chinese visitation continued to fall due with declines of 3.2 percent in...

Sun Dreams finalises purchase of four casinos in Peru

Casino Peru
Chilean operator Sun Dreams has finalised the purchase of four casinos in Peru from Thunderbird Resorts, in a $26m deal. “The decision reaffirms our commitment to continue investing in Peru, a country that has developed a competitive and transparent gaming industry with a stable regulatory framework,” said Martín Dávila, general manager of Sun Dreams Peru. Following the completion of the...

Return of the Mack: Atlantic City doubles up on revenue growth

Atlantic City
With the market preparing itself for the opening of two new premises a recent financial report has shown that Atlantic City casino revenues grew for the second consecutive year in 2017 after a decade of decline. Atlantic City saw its second straight year of gaming revenue growth in 2017, according to recent figures, in news that is sure to breed...

Sun Dreams finalises purchase of four casinos in Peru from Thunderbirds Resorts

LatAm Sun Dreams
Chilean operator Sun Dreams has finalised the purchase of four casinos in Peru from Thunderbird Resorts, in a $26m deal. The acquisition will see Sun Dreams add the Fiesta Hotel and Casino in the Miraflores district of the capital, and three other operations in Lima, Tacna and Cusco to its portfolio of properties in the country having bought them from...

SCMF and French casinos visit Zitro

Casino Review Zitro offices Barcelona Casinos
Some of France’s most prestigious casinos visited the Zitro Technology Campus, with the SCMF, to learn more about Zitro’s wide range of gaming machines. The “Syndicat de Casinos Modernes de France” (SCMF), which consists of 60 prestigious French casinos, held its general assembly in Barcelona which included a visit to the Zitro Technology Campus to learn about the facilities, as...

GiGse Launchpad winners reflect on a landmark year

GiGse LaunchPad nQube
Ahead of their presentation at this year’s GiGse, (The Biltmore Hotel, Miami, May 31 – June 1), co-founders of the artificial intelligence-based algorithms and software specialists nQube, Dr. Jason Fiege and Dr. Stasi Baran, took the time to discuss their burgeoning business, why they’ve used their expertise to target the gambling sector, and the power of creating a positive...

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