Category: Land Based Gaming and Casinos
Caesars happy with High Roller observation wheel
Las Vegas Review Journal – Caesars Entertainment Corp. officials were happy to discuss the company’s second quarter results Monday, including improvements in the Las Vegas market credited to the opening of The Linq and its centerpiece High Roller observation wheel. But don’t ask about Caesars’ ongoing restructuring plans to address its gaming industry-high $24.2 billion in long term debt. At the outset of the question-and-answer session with analysts and investors, Caesars Chairman Gary Loveman said the company wouldn’t provide any additional disclosures related to its capital structure. The first question concerned funding one of the company’s new affiliate divisions. “Unfortunately,…
Singaporean Officials Visit France to Study Gambling Legislation
Poker News – An official delegation from Singapore met earlier this month with French online gambling regulator ARJEL President Charles Coppolani to analyze France’s online gambling legislation in order to see if the French policies can be adapted to Singapore’s needs. During the meeting, the delegation led by Singapore’s Second Minister for Home Affairs and Second Minister for Trade and Industry S Iswaran and Singapore’s ambassador in Paris Tan York Chor discussed with the French regulator policies implemented to regulate online gambling in France since 2010, when ARJEL was first established. According to a press release issued by the French…
Cyprus capital vies for first casino in country
Cyprus Mail – NICOSIA yesterday launched its big push to secure the licence for the island’s first-ever casino resort, and like each of the other main districts, says the capital is the only location that makes the most business sense. The Nicosia Chamber of Commerce (EVEL) yesterday met with the city’s brass and other players to exchange views on how to boost tourism where it was decided to set up a steering committee to actively pursue the licence. Mayor Constantinos Yiorkadjis and his predecessors were also at the meeting, which was held at the Cyprus Chamber of Commerce and Industry…
Bingo is booming in Mississippi’s Gulf Coast
Washington Times – Competition is strong among the 12 casinos in South Mississippi and also among the 31 charitable groups that operate bingo games in American Legion posts and church halls across the Gulf Coast. Bingo players spent $93 million throughout Mississippi in fiscal year 2013, and $14.7 million of that went to support projects of the organizations that run the games. Sonny Weathersby, director of the Charitable Gaming Division of the Mississippi Gaming Commission, said people call all the time asking how they can open a bingo hall. “You can’t do that,” he said. Bingo operators in Mississippi have…
Japan parliament will debate casino bill next week
Reuters – A Japanese opposition politician on Thursday submitted a set of demands to ruling party lawmakers who are proposing a bill to legalise casino gambling, pushing back much-awaited parliamentary debate to next Wednesday at the earliest. The delay raises the risk of the bill failing to pass parliament this year, which would dampen the hopes of global casino firms keen to unlock a gaming market expected to be worth up to $40 billion a year in time for the 2020 Tokyo Olympics. Pro-casino lawmakers had aimed to begin debate in the lower house this week – before the end…
World Cup Fever Hits the World Series of Poker
Poker News – As every poker player knows, there’s nothing quite like a tournament. Every participant in the field — from the underdogs to the overwhelming favorite — begins play with the same sense of hope and optimism, knowing that few fortuitous plays and a little good fortune can fuel them to a run at the title. For forty-five years this maxim has been proven true under the searing heat and summer sunshine of Sin City, as the World Series of Poker brings the game’s greatest players together to test their mettle in tournament play. And while the WSOP is…















