Macau’s casino industry is headed for its longest losing streak, facing months more of falling revenues as continued crackdowns against graft by the Chinese government prompt gamblers to tone down on extravagance. A two-year campaign on corruption has discouraged China’s high-rollers from ostentatious displays of wealth in Macau, the only place in the country where […]
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Adam Silver caught his fellow sports commissioners by surprise with his call for the U.S. government to legalize and regulate sports betting. There is little support for the NBA boss from the NHL and from at least one prominent baseball executive. NHL commissioner Gary Bettman said Friday the issue of legalized sports betting needs a […]
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Ivanhoé is currently looking to redeploy capital from other asset sales and the Blackstone asset marked an opportunity to do so, said an industry source familiar with the transaction. Ivanhoé has been getting out of hotels, for example, as it executes a strategy of simplifying its holdings and focusing on a smaller number of geographies. […]
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VANCOUVER (NEWS1130) – The future of a casino-resort development near BC Place is questionable as an expanded review of its operator has been launched. The Gaming Policy and Enforcement Branch is looking into whether Paragon Gaming is fulfilling its obligations in BC. David Eby, the opposition critic for gaming, says the review is in addition […]
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What seemed to be a halting trend to online gambling in Canada is really just a minor sputter. The apparent trend was initiated with the withdrawal of operators Matchbook and Bet Fred and payment processor Skrill from the Canadian market last year and followed the Ladbrokes Canada announcement that customers could no longer play there […]
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COLORADO SPRINGS, Colo., Nov. 7, 2014 /CNW/ — Century Casinos, Inc. (NASDAQ Capital Market®: CNTY) announced today that the company will release its earnings for the third quarter 2014 on Friday, November 14, 2014, at 6:00 a.m. Mountain Standard Time (‘MST’) (2:00 p.m. Central European Time (‘CET’)). On Friday, November 14, 2014, Century Casinos will […]
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COQUITLAM, BC, Nov. 10, 2014 /CNW/ – Hard Rock Casino Vancouver and the Vancouver Canadians Baseball Club have signed a new multi-year partnership that will allow for a re-branding of the “Barbeque Picnic In the Park” within historic Scotiabank Field at the Nat Bailey Stadium. The new Hard Rock Casino Vancouver “Barbeque Picnic In the […]
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On Tuesday, October 28 in the Ontario Legislature at Queen’s Park, Finance Minister Charles Sousa said that the provincial government will abandon its plans to relocate the Thousand Island Casino from Gananoque to Kingston. An article by insidebrockville.com explains that on Monday (October 27), on a municipal election ballot question, residents in Kingston voted two […]
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Two non-profit clubs in Moncton have backed down on using unlicensed video lottery terminals and removed their machines after an ultimatum from the province. The Air Force Veterans Club of Moncton decided to bring in unlicensed video lottery terminals in May 2013. The club lost its legal Atlantic Lottery machines three years earlier when the […]
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Atlantic City, New Jersey is in the midst of a bad losing streak. On Sunday, the Showboat Casino shut its doors. This morning, the Revel closed. In two weeks, Trump Plaza will follow. When it’s all over, more than 6,000 people will lose their jobs. “They were very very greedy, and that’s the reason why […]
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