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.
Legislators in Connecticut are hastily preparing to permit sports betting in the state as they are expecting the Supreme Court to rule in favour of legalization.House Democratic leaders are looking to come with legislation that legalizes, regulates and taxes sports betting.
The Malta Gaming Authority rejected earlier today the recently emerged claims that it has subjected a former employee to retaliation in relation to allegations made by said employee of improper practices adopted by the regulator body.Over the past several years, Malta has turned into a leading online gambling jurisdiction.
The operator had previously been found to have provided online gambling services in Hungary without a license from local regulators.In 2016, the Hungarian Tax Authority detected Sporting Odds’ breach of the country’s gambling regulations and fined the operator HUF3.
Last week, the Greek Council of State, known to be the country’s top administrative court, gave the green light to the local casino regulator to commence work on the call for tender process.The Gaming Commission will now have to prepare the necessary documentation so that the bidding process is conducted in a proper manner.
Officials for labor union UNITE HERE Local 54 and casino operator Hard Rock International have signed a “card count neutrality” agreement, the Press of Atlantic City reported.The agreement could help the union return at the former Trump Taj Mahal casino resort, which Hard Rock is currently converting into what would be Hard Rock Hotel & Casino Atlantic City.
Last month, the British bookmaker announced that it was reviewing its Australian business and that its sale was under consideration.It was understood that Paddy Power Betfair’s Australian business Sportsbet, Ladbrokes, and bet365 have all made offers for William Hill’s Australian betting brands, each valuing these at around A$200 million.
The developers have recently opened the first job positions for people interested to work at the first casino resort in the Republic of Cyprus.The actual resort with the main casino floor is slated to be launched in 2021 in Limassol’s Zakaki area.
More Details about the Gaming Portion of the Future Resort According to Greek media outlets, the casino resort will be located in one of the 45-story towers that will be constructed as part of the larger complex.The casino resort will feature a five-star hotel with 1,200 rooms and suits, a conference facility, a thalassotherapy center, and multiple other facilities.
Gambling industry veteran Fred Done is reportedly close to selling a 25% stake in the Tote to a “consortium of racing industry figures”, Sky News reported citing unnamed insiders.It is believed that the billionaire bookmaker is in advanced negotiations and a deal could be closed within the next several weeks.
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.
Greece’s Council of State gave on Thursday the green light to a previously proposed project for the development of an $8-billion integrated resort with a gaming floor near the capital Athens.In 2014, local developer Lamda Development secured a 99-year lease to redevelop a 620-hectare portion of land where the former Ellinikon International Airport had previously operated.
Local media reported earlier this week that the Queensland Government has confirmed it had promoted a visit by Malaysian casino company NagaCorp to Sunshine Coast.Reportedly, NagaCorp executives and an architect, who had previously worked on the company’s existing casino resort in Cambodia, met the Sunshine Coast Mayor to discuss opportunities for a future partnership.
They have also pointed out that a casino could attract more investors for the construction of a hotel and a convention facility as part of the scheme.The Port Yankton Project has been staunchly opposed by several tribes that operate casinos in the Yankton area.
A new Las Vegas Strip entertainment venue will be able to utilize parking spaces at the garages of nearby casinos after receiving the necessary approval from the Clark County Zoning Commission.Both properties are owned and operated by major casino company Las Vegas Sands, which is also a partner in the development of the new entertainment venue.
Earlier that day, the company received a conditional approval from the Jeju Special Self-Governing Province to relocate its existing casino at Hyatt Regency Jeju Hotel to its new resort.The casino at Jeju Shinhwa World will occupy 5,500 square meters and will feature 155 gaming tables with popular table games such as baccarat, blackjack, roulette, and poker, as well as 239 slot machines and electronically operated table games.
The following infographic includes information about the state of Las Vegas and Macau’s casino industries between 2007-2017.Last year, both cities recorded gaming revenue increases but, as it can be seen, are still far from their all-time revenue peak.
The Queensland government confirmed that it had promoted the recent visit to the site of the Maroochydore Central Business District by executives of Malaysian casino operator NagaCorp, local news outlet the Sunshine Coast Daily reported earlier today.The Maroochydore CBD, currently under development in the central part of Sunshine Coast (in the small town of Maroochydore), is planned to be a multi-million, mixed-use complex that will spread over 53 hectares of land.