Tuesday, March 21, 2023

Tag: Donald Trump

Will president Trump’s recommendation make a difference for Sands in Japan?

While president Trump reportedly put forward Sands and another US operator for an IR licence during a 2017 meeting with his Japanese counterpart Shinzo Abe, it seems unlikely the gesture will have much of an impact. A recent report by investigative journalism group ProPublica claims that US president Donald Trump attempted to help major campaign donor Sheldon Adelson obtain a...

Still too early to call if trade war will impact Las Vegas resorts

While commentators suggest that Las Vegas baccarat revenues may decline if China decides to introduce tourism restrictions to the US, it’s unlikely to be a game changer for the City of Lights’ casino operators. Given that China was previously in line to become the third largest overseas visitor market for the US by 2020, will Las Vegas casino operators see...

Clouds on horizon for US casinos amid brewing trade war

Las Vegas clouds US casino trade war
With China on track to become the third largest overseas visitor market for the US by 2020, the gaming industry could feel the repercussions of president Donald Trump’s push to enact tariffs on a range of Chinese goods...

Trump trademarks fuel speculation regarding Macau casino bid

ICR - Trump Macau casino bid
A Delaware-registered company representing US president Donald Trump has applied for a casino trademark in Macau, raising the possibility that the Trump Organization could look to acquire a casino licence when the current concessions come up for renewal in 2020.   A Trump Organization company has applied for four new trademarks in Macau, including one for casinos, stoking speculation about the...

Could a Vegas casino be on the cards for Trump?

A new casino just off the Las Vegas Strip could be in the works, built by the Trump Organization and the president’s billionaire business partner Phil Ruffin.   There is increasing media speculation that Phil Ruffin, operator of the Treasure Island Hotel and Casino and the Trump Organization, are considering adding a casino to their Trump International Hotel Las Vegas property. With...

Juegos Miami to highlight why bridges are better than walls when it comes to gaming in Mexico

This year's Juegos Miami conference and exhibition will feature a session chaired by AIEJA's Cynthia Fragoso Fesh discussing the US' growing tension with Mexico alongside the market's huge potential. The impact of Donald Trump’s ‘America First’ hardline economic and foreign policy on neighbouring countries in Latin and South America will be among the subjects for discussion and debate at the...

Gaming up for grabs as US interests round on Team Trump

With the president-elect gathering the last of his new team in Washington, lobbyists and lawmakers submit their proposals for the future of US gaming law.   Several weeks in to the weird new world of president-elect Donald Trump and top US lobbyists and lawmakers have accelerated their efforts to influence the new administration’s approach to gaming. While a former casino owner...

In one of the biggest political upsets in US history, America goes for Trump change

In one of the biggest political upsets in US history, as president-elect Trump takes office in January, the American casino industry could find itself with a strong ally in Washington.   However, the tribal sector could lose out and the possibility of the legalisation of the iGaming and sports betting remains in the air. So will Donald come up trumps for...

Icahn’s hopes of re-opening Taj Mahal scuppered

Following the closure of the Trump Taj Mahal in Atlantic City on October 10, the New Jersey Senate has passed a bill designed to keep billionaire investor Carl Icahn from re-opening the resort for five years. Bill S2575, which was affirmed by a vote of 29 to six, amends the portion of New Jersey law that details how someone could...

Taj Mahal closure could sway North Jersey referendum

Casino closure could be used by both supporters and opponents of NJ casino expansion debate.   With the announcement of the closure of Atlantic City’s Trump Taj Mahal on 5 August, the fifth Atlantic City casino to close its doors in the past two years, the news looks likely to be used to by partisans on both sides of New Jersey’s...

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