Tag: Resort

Rio de Janeiro’s leading politicians continue campaign for an IR

Rio de Janeiro campaign integrated resort
While the mayor and governor of Rio de Janeiro continue to push for an integrated resort, pro-gaming senator Ciro Nogueira has met with Economy Minister..

Extremadura Socialist Party throw backing behind future resort

Extremadura
The Spanish Socialist Workers’ Party (PSOE) has lent its backing to a new bill which would allow the creation of integrated resorts in the Southwestern autonomous community of Extremadura. The proposal would create a legal framework which would allow for the construction of large tourist resort complexes, which could include casinos, bingo halls and slot parlours. If the bill finds support...

Athens to see new integrated casino resort

Casino Review - Athens to see new integrated casino resort
Following last month’s announcement of Europe’s first integrated resort in the Republic of Cyprus, a similar venue could now be in the works for Greece, following the passage of legislation through the country’s parliament.   At the height of the 2010 Euro crisis, a polemic headline in the German tabloid Bild bid the beleaguered Greek government: “sell off your islands...

MGM Growth Properties raises $1bn with IPO

Beau Rivage investment
An initial public offering of MGM Resorts’ real estate investment trust has seen the group raise over $1bn in new investment.   April saw MGM Resorts International announce the pricing of an initial public offering (IPO) of 50 million shares of its real-estate investment trust, MGM Growth Properties (MGMGP) The international casino operator confirmed a public offering price of $21 (E18.3) per...

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