Saipan’s Commonwealth Casino Commission has again postponed revocation hearings around the casino license of Imperial Pacific International (CNMI) LLC after the company last week filed for Chapter 11 bankruptcy in the District…
RGB inks deal to acquire 86 Philippines-based slot machines, lease stake from company linked to directors
Malaysian gaming machine distributor RGB International Berhad said Monday it has reached a deal with a company linked to two of its own directors to acquire 86 gaming machines currently installed in…
JP Morgan: Macau’s daily GGR down 5% through first 21 days of April
Macau’s gaming operators have recorded combined gross gaming revenues of MOP$12.5 billion through the first 21 days of April, with the daily run-rate of MOP$595 million per day representing a 5% decline…
NSW regulator finds Crown Sydney suitable to retain casino license
The NSW Independent Casino Commission (NICC) announced Tuesday that it has found Crown Sydney suitable to retain its casino license, expressing its confidence that the company has a “strong model” to continue…
Florida Couple Tried to Pass off Inept Forgery as $1M Lottery Ticket
Authorities in Florida have arrested a couple for allegedly attempting to submit a “winning” $l million lottery ticket that was actually two losing tickets crudely stuck together, WPDE-TV reports. Dakota Jones, left, Kira Enders,…
New York City Council Green Lights Casino Zoning Changes
In a Thursday vote of 35 to 15, the New York City Council signed off on the “Gaming Facility Text Amendment,” which would allow for casino hotels to be constructed in select…
Atlantic City Casino Execs Express Concerns About New York, North Jersey
Hard Rock International and Caesars Entertainment are among the 10 casino companies readying pitches for one of the three imminent gaming concessions available in downstate New York. Seven of the nine casinos…
Cayuga Nation Sues New York State Over Lottery Sales on Reservation
The Cayuga Nation is suing the New York State Gaming Commission (NYSGC) for selling lottery tickets on its reservation in the state’s Finger Lakes region. The Nation asserts that by federal law…
Wynn Las Vegas President Steve Weitman Leaving Company
Wynn Resorts (NASDAQ: WYNN) noted today Steve Weitman, the president of the operator’s Las Vegas Strip properties, is leaving the company effective June 10. The executive didn’t give a reason for his…
LET Group eyes paper gain as US$31mln loan repaid to unit
Casino investor LET Group Holdings Ltd hopes to be able to convert its share of a loss in a joint venture, into an accounting profit, after on Thursday an entity called Gold…