Casinos

Illinois Gaming Board rejects two proposals for lone Chicago casino license

Illinois Gaming Board rejects two proposals for lone Chicago casino license

Only two bidders are left in the race for the lone Chicago casino license earmarked for the South Suburbs as the Illinois Gaming Board (IGB) has rejected the other two proposals. Following the rejection of casino pitches targeting Calumet City and Lynwood by the IGB, Homewood and Matteson remained the only two finalist towns in the bidding process for the South Suburbs casino license.

Macau casinos suffer steep decline in number of visitors during ‘Golden Week’

Macau casinos suffer steep decline in number of visitors during ‘Golden Week’

Macau’s ‘Golden Week’ holiday period is usually known for attracting a large number of casino visitors, but this time the tally dropped by more than 93% year-on-year as the ‘delta variant’ of Covid-19 kept marauding the former Portuguese enclave.

As per stats released by the Public Security Police Force of Macau, only 1,166 people visited the former Portuguese enclave daily during the recently concluded ‘Golden Week’ holiday period. The figure represents a decline of 93.7 per cent from the corresponding one-week period of 2020.

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Clark County approves Dream Las Vegas Casino near McCarran Airport

Clark County approves Dream Las Vegas Casino near McCarran Airport

Despite concerns from a number of major airline operators, the Clark County Commission has given green signal to a massive gaming project that will result in development of 20-storey Dream Las Vegas casino resort near McCarran Airport.

Earlier this week, members of the Clark County Commission voted 6-1 to approve proposed Dream Las Vegas casino resort. To be located at a distance of just around five acres from the McCarran Airport, the massive gaming property will be separated from the airport by a chain-link fence.

Brazil President Jair Bolsonaro intends to ‘veto’ proposed casino legislation

Brazilian President Jair Bolsonaro intends to ‘veto’ proposed casino legislation

Lawmakers in Brazil continue to debate over plans to legalize casino gambling, but President Jair Bolsonaro has already declared that he will ‘veto’ any such legislation. Casting dark clouds over lawmakers’ gaming-related efforts, President Bolsonaro said that lawmakers debating over casino gambling legalization plans are just wasting their time as he will not support any such legislation if it arrives to his desk. Thus, any gambling legislation passed by the South American country’s National Congress should be assumed dead on its arrival to the governor’s desk.

Novomatic installs new gaming machines and titles in Club Hotel Casino Loutraki

Novomatic installs new gaming machines and titles in Club Hotel Casino Loutraki

International gambling giant Novomatic has announced that the Club Hotel Casino Loutraki, one of the largest five-star hotel casino resorts in Europe, is new home to its latest gaming machines.

The slot floor of the Club Hotel Casino Loutraki is known for offering the most up-to-date gaming machines and games; and the latest installation Novomatic machines, cabinets and games has set another example of how the casino’s management is committed to offering the best as well as latest games to gaming enthusiasts.

Blackstone enjoys lucrative asset trade by offloading Cosmopolitan to MGM Resorts

Blackstone enjoys lucrative asset trade by offloading Cosmopolitan to MGM Resorts

American investment management giant Blackstone Incorporated has reportedly signed a deal with MGM Resorts International to offload the Cosmopolitan of Las Vegas. Some reports pegged the value of the deal at a whopping $5.65 billion. The reported valuation of the deal is quite encouraging as it has nearly tripled the NYSE-listed investment management giant’s investment on the Las Vegas Strip venue in just around seven years.

Massachusetts casinos all set to reopen this Monday, albeit under operating restrictions

Massachusetts casinos all set to reopen this Monday, albeit under operating restrictions

Casinos across Massachusetts are all set to reopen starting this Monday, 6th of July; thanks to the state’s gaming regulator’s recent vote in favor of the reopening of the gaming facilities to the general public.

New Jersey has been too slow to allow its economic engine to restart: Senate President Sweeney

New Jersey has been too slow to allow its economic engine to restart: Senate president Sweeney

Casinos in Atlantic City are capable of resuming operations safely in a manner that ensures public health safety but the state is has been too slow to allow the economic engine of the region to restart, New Jersey State Senate President Stephen Sweeney (D) argued.

Philippines Offshore Gaming Operators leading to kidnappings and chaos in Manila

Philippines Offshore Gaming Operators leading to kidnappings and chaos in Manila

The Philippines has surfaced as a major center for online gaming during the past few years, paving way for so-called Philippines Offshore Gaming Operators (POGOs) to flourish by illegally attracting Chinese nationals who work in virtual casinos catering to players back in China where gambling is not allowed.