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Tag: casino owners

States Who Love Beer Are Slow For Weed

Some beer loving states are facing an uphill battle with marijuanaIt is classic favorite of the public, beer holds a grip and is the...

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Jamul Indian Village Development Corporation Got the Funds to Finance New Hotel Building

The Syndicate of commercial banks, whose leader is KeyBanc Capital Markets Inc, approved a $515 million credit to the Jamul Indian Village Development Corporation...

Famous Rio Will Be Renovated, Landlord Announces Plans

Eric Birnbaum, the landlord of the famous Rio, decided to completely renovate the off-Strip resort. Birnbaum also wants to take over all of the...

Virginia’s First Stand-Alone Casino Opens in Portsmouth

After several years under construction, first stand-alone casino in Virginia, Rivers Casino Portsmouth by Chicago-based Rush Street Gaming, will officially open on Monday at...

Cambodia applies fresh revenue-based tax model for casinos

From December 30, 2022, Cambodia’s Ministry of Economy and Finance (MEF) began applying the latest revenue-based rules for taxes and procedures for commercial gambling...

Macau Casinos to Invest $15bn Into Mostly Non-Gambling Areas

Macau building non-gambling sector Six Macau casinos will invest $15bn predominantly towards non-gambling activities over the next ten years as part of their new license...

Havenick family intends to sell Magic City Casino to Poarch Tribe; Wind Creek Owner of 10 Gaming Operations

Magic City Casino owners, the Havenick family, are selling one of the oldest Miami-based casinos to an Alabama-based Indian tribe, the Poarch Band Creek...

Thor Equities launches $3 billion Bid for Coney Island Casino; Strong competition for New York license

Thor Equities, a real estate development, leasing, and management firm, has made a 3 billion dollar bid to build a new casino and entertainment...

New Gambling Law in S. Africa

The new South African online gambling law will ensure oversight and protection and will immensely help the development of a responsible remote gambling industry...

The role of online casino industry in the financial stability of the local population

Most people believe online gambling sites are entertainment venues with no practical value for the majority of the population. But they are seriously wrong!...

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