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Buenos Aires Governor Makes Major Changes to Casino Industry

January 13, 2018

New laws with regards to Buenos Aires’ casino industry have been introduced by the province’s governor, Maria Eugenia Vidal, who also recently ordered the closure of 3 casinos. Vidal’s Time in Office and Its Affect on Gambling Maria Eugenia Vidal has been governor of the province of Buenos Aires in Argentina for the past two years. In that time Vidal has kept all types of gambling in Buenos Aires under surveillance, including all online gambling. In the past two years, no new machines have entered casino floors and zero lottery agencies were opened. Vidal, during her time in office, has… Read More

Jeju Shinhwa World Casino Still Not Opening Yet

January 9, 2018

For those who have been waiting for the Jeju Shinhwa World resort casino to be opened, the wait just got longer as the date has been pushed back yet again. The casino’s management cited a delay in the transfer of a casino license from a different casino as the cause of the setback. Initially, the opening date was scheduled for December 8 and it was going to be operated by Hong Kong’s Landing International Development. The first round of the delays pushed the launch date to January 18th this year but this did not also come to pass with the… Read More

Atlantic City Anticipates Big Win in 2018

January 6, 2018

Atlantic City is set to see its renaissance in 2018 according to gambling operators. The threats that have plagued the financially stranded city’s entire existence are slowly fading and soon it will regain its once great reputation as an outstanding gaming hub. First, Atlantic City’s reemergence will see the last traces of President Trump’s former casino empire finally get blown to the wind when the former Trump Taj Mahal is reopened as the Hard Rock Hotel and Casino Atlantic City. The Taj Mahal was purchased last year by Hard Rock International from renowned billionaire investor Carl Icahn for $50 million… Read More

Crown Resorts to Sell Off CrownBet Stake for $117 Million

January 1, 2018

Crown Resorts has recently entered into an agreement with an undisclosed entity that is said to be associated with Crownbet’s shareholders, including CEO Matthew Tripp, where they will sell off its 62 percent stake in CrownBet for $117 million. Nothing else has been officially been unveiled about the prospective buyer. The transaction is expected to be complete by February 2018 even though the deal which includes the loans advanced by Crown Resorts to CrownBet will still be subject to the buyer organizing financing that the seller will find satisfactory. Crown Resorts officially announced its intent to sell is CrownBet stake… Read More