Privately-held gaming company The Meruelo Group has received permission by the Nevada Gaming Commission to complete the acquisition of the struggling SLS Las Vegas Hotel & Casino.It is located on the northern end of the Las Vegas Strip, not far from the Las Vegas Convention Center.
The government of the town of Malay approved last year the $500-million project for a casino resort on the Boracay Island without any prior public consultation, The Philippine Daily Inquirer reports.It was announced earlier this month that Macau casino giant Galaxy Entertainment Group and its local partner Leisure and Resorts World Corp.
Nevada gambling regulators are now planning to enact tougher sexual harassment policies after Las Vegas casino mogul Steve Wynn was implicated in sexual harassment and assault that have spanned over three decades.Last week, the Nevada Gaming Control Board warned gambling operators in the state that they would soon introduce regulations or “minimum internal control standards” to address sexual harassment.
Construction work on the A$3-billion Queen’s Wharf Brisbane integrated resort began officially on Thursday when Queensland Premier Annastacia Palaszczuk turned the first sod.Construction begins over a year after project developers commenced demolition work at the site where the resort is set to be built.
Representatives for Las Vegas casino operator Caesars Entertainment Corp.The Caesars representatives were received Tuesday afternoon by Mansueto de Almeida, Secretary of Fiscal Energy and Lottery Monitoring at Brazil’s Ministry of Finance.
Shareholders of Isle of Man based gambling giant GVC Holdings PLC have voted in favor of a merger with Ladbrokes Coral PLC, the company announced on Thursday.Ahead of its annual earnings report which will be released on Friday, GVC Holdings said that at a general meeting, its shareholders almost unanimously favored the upcoming merger with its sister company Ladbrokes Coral.
The state of Oregon is suing Steve Wynn and the board of Wynn Resorts in a latest of a series of lawsuits filed by shareholder groups against the embattled businessman and the company he found.It was reported that Oregon’s pension system had 8,506 shares of Wynn Resorts worth around $1.
That is the date the country’s government has set for the beginning of the new gambling regulatory regime.Once the new gambling law becomes effective, licensed online gambling operators will be required to pay an 18% tax on their revenue from Swedish customers.
A Wynn Resorts employee filed Tuesday a lawsuit against Steve Wynn and Wynn Resorts, accusing the embattled casino billionaire of sexual misconduct and the company he founded more than 15 years ago of endorsing his behavior.She is still employed at Wynn Resorts, but refused to reveal her identity.
Isle of Man-based online gambling operator GVC Holdings has extended its push into regulated markets with another acquisition deal.The company confirmed Monday that it would buy a majority stake in Georgian online gambling operator Crystalbet.
Back in January, William Hill announced that it would review the operations of its Australian outpost after it has been underperforming for years.News emerged last month that four sports betting operators have made offers for the ailing business, with those being Ladbrokes, Paddy Power’s Sportsbet, CrownBet, and bet365.
What is more, the player has a real shot to win his first WPT Main Tour Main Event.The player ended Day 4 with the shortest stack, but has every chance to improve on Day 5.
The Florida session ends next Friday, which means that lawmakers are pressed for time to make what could be their final gambling-related decisions.However, there have been lawmakers to express doubts about the chances that a comprehensive gambling legislation would be passed by the end of the session.
At present, Ladbrokes Coral sponsors the Scottish Professional Football League and the Rugby Football League Challenge Cup as well as a number of horse racing events.Bookmakers have warned that a cut of the maximum FOBTs stake could result in a massive closure of betting shops across the country.
Baltimore-based developer The Cordish Companies recently purchased a property in the stadium district of South Philadelphia where it is planning to build a $600-million casino resort.A nearby building will be converted into a casino under the developer’s plan to build a mixed-use complex in South Philadelphia.
The Philippines, Australia and Macau Magnates Join Forces in a Casino Deal The Philippines is the country which invented the karaoke and yo-yo.A country with over 7,000 tropical islands, and over a 100 million inhabitants is yet to be fully discovered by the rest of the world.
A sixth bidder for the renovation of Springfield’s Riverfront Park has emerged, Massachusetts news outlet MassLive reported earlier today.Details about the Riverfront Park Project City officials hope that renovation work in Riverfront Park would commence on April 1 and would be completed by October 1, or shortly after the opening of MGM Springfield.
Two bidders for William Hill Australia have been granted due diligence access to the business, the Australian Financial Review has reported citing unnamed sources familiar with the matter.British bookmaker William Hill announced in January that it had decided to review its underperforming Australian business and that a sale was under consideration.
This year’s Florida Senate gambling bill is set to be brought up for consideration by the Appropriations Committee today.The House, which has its own gambling bill under consideration, has previously said that it would be looking to introduce an “absolute contraction” of gambling in Florida, local news outlet Florida Politics reports.
The completion of the two deals is subject to regulatory approval from the Pennsylvania Gaming Control Board and the Mississippi Gaming Commission.In a Wednesday statement, Churchill Downs said that it would pay the purchase price for the two casinos fully in cash.