-
A large Las Vegas-style casino opened near Birmingham last month, but what happened to Labour’s plans to create a new generation of gambling venues across the UK? It was billed as a massive expansion of Britain’s casino industry by the Blair government, but soon hit the buffers. Plans for...
-
It wasn’t so long ago that poker was illegal in Catalonia. But Barcelona is rapidly styling itself as the game’s European capital, and is second only to Las Vegas as the most popular destination for the world’s top players. This weekend, 93 players sat down to the European Poker...
-
Galaxy’s second-quarter earnings tumbled 46 percent amid a declining market and higher costs at its new resorts. Galaxy isn’t the only casino hit by the slowdown in Macau. Bloomberg takes a look at how the industry as a whole is doing....
-
FinCEN has many important responsibilities but one of its more interesting assignments is oversight of anti-money laundering compliance by casinos (and card clubs). Casinos are under increasing scrutiny these days for lax AML compliance. In March 2015, FinCEN imposed a $10 million penalty on Trump Taj Mahal in Atlantic...
-
O Governo deu hoje início, por diploma publicado, ao processo de autorização da venda pela Amorim Turismo da Grano Salis, que detém a concessão da exploração do jogo em Tróia. A Amorim Turismo detém a totalidade do capital social da Grano Salis — Investimentos Turísticos, Jogo e Lazer e...
-
Las Vegas, the city so lit up that some astronauts report its famous central strip is the brightest spot on earth, is trying to change course. The neon lights of its early years are being replaced by LED screens and the casinos and hotels are cutting their energy and...
-
Entre Janeiro e Março, as receitas da operadora de jogo fundada por Stanley Ho caíram 22,8 por cento, para os 11 016 milhões de dólares de Hong Kong. No primeiro trimestre, a SJM apurou lucros de 561 milhões, um valor 44,1 por cento menor do que o angariado em...
-
Macquarie Capital Senior Analyst Chad Benyon discusses gambling and Macua’s economy. He speaks on “In The Loop.”...
-
A crackdown in corruption in China that has hushed the once frenzied Macau casino business took its toll on Wynn Resorts in the company’s fourth quarter. Labor delays, for one, have pushed back the company’s opening date of Chinese New Year 2016 for its $4.1 billion Wynn Palace casino-hotel...
-
Foram precisas apenas seis semanas para as autoridades de Pequim, que estão a combater a corrupção, mostrarem aos chefes do jogo da cidade que não há garantias. Dizem que, quando se trata de casinos, a casa ganha sempre. Mas, enquanto os gigantes do jogo de Macau digerem os incríveis...
-
The decline in American gambling claimed one of the star companies in the industry as a division of financially troubled Caesars Entertainment will head to court in Chicago on Thursday to file for Chapter 11 bankruptcy protection. Lawyers revealed the timing and location of the move in a legal...
-
O economista Albano Martins defendeu hoje que a queda homóloga das receitas dos casinos de Macau, que se verifica desde junho e pode agravar-se até aos 20% este mês, advém do maior controlo da saída de capitais da China. “Isto está a acontecer devido às maiores restrições e maior...
-
Massachusetts voters will have an opportunity in November to repeal a 2011 law legalizing gambling, the Supreme Judicial Court ruled on Tuesday, casting uncertainty over a years-long effort to bring casinos to the state. The question came before the court after Massachusetts Attorney General Martha Coakley sought to block...
-
Las Vegas Sands has scrapped its plan to build a hotel and casino mega-complex on the outskirts of Madrid, Spain, the company announced Friday. “After months of on-going discussions with various levels of the Spanish government and continued internal due diligence, Las Vegas Sands Corp. said today that a...
-
The President of Madrid’s People’s Party has come out strongly in support of Sheldon Adelson’s EuroVegas project. The Eurovegas project plans were recently submitted to the Madrid regional government, but a vocal opposition campaign has emerged. In a regular column for Spain’s center-right ABC newspaper, Esperanza Aguirre, former president...