Residents of New York City will head to the polls in November in order to elect a new mayor and Democratic candidate Andrew Yang (pictured) is reportedly hoping to win over voters with a suggestion that the metropolis should bring a full-scale casino to Governors Island. According to a Tuesday report from the news domain […] Source link

It would seem that billionaire American businessman Dan Gilbert (pictured) has quietly exited the casino business after reportedly selling off his remaining stake in operator Jack Entertainment to members of the firm’s management team. According to a Monday report from the Cleveland Scene newspaper, Gilbert is worth an estimated $34 billion thanks to his Quicken […] Source link

In the western American state of New Mexico and legislators have reportedly begun scrutinizing proposed legislation that could allow local commercial horseracing tracks to begin offering live games of craps, poker and blackjack alongside a full retinue of sportsbetting. According to a Monday report from the Las Cruces Sun-News newspaper, there are five horseracing venues […] Source link

In South Korea and casino operator Grand Korea Leisure Company Limited has reportedly announced that it is to keep its three-strong chain of Seven Luck Casino-branded venues shuttered until February 1 owing to the ongoing coronavirus pandemic. According to a report from GGRAsia, the Seoul-headquartered firm’s foreigner-only casinos inside the Millennium Hilton Seoul, Intercontinental Seoul […] Source link

In Macau and local casino operator SJM Holdings Limited is reportedly expected to generate approximately $257 million in aggregated annual earnings next year from its coming Grand Lisboa Palace development. According to a report from Inside Asian Gaming, this forecast from American credit ratings behemoth Fitch Ratings Incorporated was included in an assessment that gave […] Source link

In Japan and members of the Constitutional Democratic Party have reportedly convened the first meeting of an internal group that is to intensively lobby against the granting of the nation’s inaugural trio of integrated casino resort licenses. According to a report from Inside Asian Gaming, the Casino Problem Countermeasures body held its maiden summit on […] Source link

American hotel and casino entertainment company, Caesars Entertainment Inc. (CZR), formerly Eldorado Resorts Inc., is investing $47 million worth of upgrades to its showcase resort property in downtown Reno, the Silver Legacy. According to the Nasdaq-listed firm’s recent announcement, 75 percent of the 38-floor resort’s 1,600 rooms and suites, from the fifth through the 25th […] Source link

In the United Kingdom and the local subsidiary of Asian casino operator Genting Malaysia Berhad has reportedly announced the impending permanent closure of its Genting Casino Southport venue for the loss of 38 jobs. According to a Wednesday report from G3Newswire, the Genting Casinos UK Limited subordinate described the shuttering of the Southport property as […] Source link

A leading investment bank has reportedly cut its upcoming annual earnings estimate for Asian casino operator Genting Malaysia Berhad by some 58% owing to an expected coronavirus-induced drop in future visitation. According to a report from Inside Asian Gaming, the declaration from Maybank Investment Bank Berhad was contained within an assessment written by analyst Samuel […] Source link

Police in China reportedly arrested over 75,000 people last year as they busted up more than 3,500 illicit cross-border gambling cases alongside some 2,260 that had involved forbidden iGaming platforms. According to a report from Inside Asian Gaming, these figures were contained in a recent update from the giant nation’s Public Security Ministry as a […] Source link